The earnings call highlighted significant achievements in profitability across segments and successful integration of AI, marking a strong operational performance. However, challenges in achieving top line revenue growth and meeting GMV growth targets indicate areas for improvement.

Company Guidance -

Q1 2026

During Mercari's FY 2025 Full Year Financial Results Presentation, guidance was provided for both FY 2025 results and FY 2026 forecasts. The company reported a core operating profit of JPY 27.5 billion, exceeding forecasts by achieving a 46% year-on-year growth. However, revenue grew by only 3%, reaching JPY 192.6 billion, which highlighted the challenge of accelerating top-line growth. The Marketplace, Fintech, and U.S. segments all achieved profitability, with Marketplace GMV growth at 4% and a core operating profit margin of 38%. In Fintech, the core operating profit reached JPY 4.5 billion, driven by a 32% increase in credit balance. The U.S. business reported a core operating profit of JPY 900 million for the first time. For FY 2026, Mercari forecasts revenue between JPY 200 billion and JPY 210 billion, with a core operating profit of JPY 28 billion to JPY 32 billion. The company emphasized becoming an AI-native organization to drive future growth, aiming for a double-digit CAGR in revenue and over 25% CAGR in core operating profit by FY 2027.

Record High Core Operating Profit

Core operating profit reached JPY 27.5 billion, significantly exceeding the forecast, marking a year-on-year growth of 46%.

Profitability Across All Segments

Marketplace, Fintech, and U.S. segments all achieved full-year profitability for the first time.

AI Integration and Productivity Boost

Mercari's AI-native transformation resulted in 64% year-over-year increase in development output per engineer and 70% of code generated using AI.

Strong Fintech Growth

Fintech core operating profit significantly exceeded the target, ending at JPY 4.5 billion with a 32% year-on-year growth in credit balance.

Successful U.S. Business Turnaround

Achieved first full-year profitability in the U.S. with core operating profit of JPY 900 million, indicating a positive shift in GMV growth trends.

Mercard Expansion

Over 5 million Mercards issued, with a focus on increasing usage in everyday payment and credit scenarios.

Mercari (MRCIF) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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MRCIF Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2026 (Q1)	0.19 / -	0.121	―	―	―
Aug 05, 2025	2025 (Q4)	0.31 / 0.59	0.194	204.13% (+0.40)
May 07, 2025	2025 (Q3)	0.15 / 0.18	0.174	2.80% (<+0.01)		―
Feb 07, 2025	2025 (Q2)	0.12 / 0.18	0.072	154.17% (+0.11)
Nov 06, 2024	2025 (Q1)	- / 0.12	0.116	3.65% (<+0.01)		―
Aug 13, 2024	2024 (Q4)	- / 0.19	0.335	-42.04% (-0.14)
May 10, 2024	2024 (Q3)	0.12 / 0.17	0.161	7.70% (+0.01)		―
Feb 13, 2024	2024 (Q2)	0.13 / 0.07	0.033	117.31% (+0.04)
Nov 14, 2023	2024 (Q1)	0.08 / 0.12	0.017	574.61% (+0.10)		―
Aug 10, 2023	2023 (Q4)	0.35 / 0.33	0.006	5649.19% (+0.33)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MRCIF Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$15.92	$15.88	-0.25%
May 07, 2025	$15.62	$17.11	+9.54%
Feb 07, 2025	$13.48	$13.48	0.00%
Nov 06, 2024	$13.52	$12.00	-11.24%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Mercari Inc (MRCIF) report earnings?

Mercari Inc (MRCIF) is schdueled to report earning on Oct 29, 2025, TBA (Confirmed).

What is Mercari Inc (MRCIF) earnings time?

Mercari Inc (MRCIF) earnings time is at Oct 29, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MRCIF EPS forecast?

MRCIF EPS forecast for the fiscal quarter 2026 (Q1) is 0.19.

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