The earnings call presented a mix of strong financial performance and significant challenges. Record profitability across all segments and notable fintech growth were overshadowed by underwhelming revenue growth and challenges in the U.S. market.

Company Guidance

During Mercari's FY 2025 Full Year Financial Results Presentation, the company revealed that their core operating profit reached JPY 27.5 billion, surpassing forecasts with a year-on-year growth of 46%. However, revenue was JPY 192.6 billion, marking a 3% increase, but fell short of expectations due to a slowdown in marketplace and U.S. business growth. Despite these challenges, all three core segments—Marketplace, Fintech, and U.S.—achieved profitability, with cross-border transaction GMV surpassing JPY 90 billion and Mercard issuances exceeding 5 million. The company aims for a double-digit CAGR in revenue and over 25% CAGR in core operating profit by FY 2027, driven by Marketplace enhancements and Fintech growth, including a 32% increase in credit balance. For FY 2026, Mercari forecasts revenue of JPY 200-210 billion and core operating profit of JPY 28-32 billion, with plans to capitalize on AI to enhance user experience and maintain robust growth across all segments.

Record High Core Operating Profit

Mercari reported a core operating profit of JPY 27.5 billion, significantly exceeding forecasts with a 46% year-on-year growth.

Profitability Across All Segments

For the first time, all three business segments—Marketplace, Fintech, and U.S.—achieved full year profitability.

Strong Growth in Fintech

Fintech business core operating profit reached JPY 4.5 billion, surpassing the initial target of JPY 3 billion. The credit balance grew by 32% year-on-year.

AI Integration and Productivity Gains

95% of employees are using AI tools, resulting in a 64% year-over-year increase in development output per engineer.

Cross-Border Transaction Growth

Cross-border transaction GMV grew to JPY 90 billion, accounting for approximately 8% of total Marketplace GMV, with a 15-fold increase since FY 2022.

Mercari (MCARY) 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

Daily Earnings Calendar >

MCARY Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 29, 2025	2026 (Q1)	- / -	0.06	―	―	―
Aug 05, 2025	2025 (Q4)	- / 0.30	0.092	229.35% (+0.21)
May 07, 2025	2025 (Q3)	- / 0.09	0.087	0.00% (0.00)		―
Feb 07, 2025	2025 (Q2)	- / 0.09	0.036	147.22% (+0.05)
Nov 06, 2024	2025 (Q1)	- / 0.06	0.06	0.00% (0.00)		―
Aug 13, 2024	2024 (Q4)	- / 0.09	0.18	-48.89% (-0.09)
May 10, 2024	2024 (Q3)	- / 0.09	0.09	-3.33% (>-0.01)		―
Feb 13, 2024	2024 (Q2)	- / 0.04	0.017	111.76% (+0.02)
Nov 14, 2023	2024 (Q1)	- / 0.06	0.009	566.67% (+0.05)		―
Aug 10, 2023	2023 (Q4)	- / 0.18	0.003	5900.00% (+0.18)

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

MCARY Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$7.93	$7.85	-1.01%
May 07, 2025	$7.93	$8.07	+1.77%
Feb 07, 2025	$6.29	$7.62	+21.14%
Nov 06, 2024	$7.14	$5.91	-17.23%

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 (MCARY) report earnings?

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

What is Mercari (MCARY) earnings time?

Mercari (MCARY) 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 MCARY EPS forecast?

Currently, no data Available

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