A spreadsheet can track inventory for exactly as long as a business stays small enough that nobody minds double-counting a pallet or missing a reorder point. Past that, the gap between what the spreadsheet says is on the shelf and what’s actually there starts costing real money in rush shipping, in stockouts, in the customer who orders a product that quietly sold out three days ago.
That’s the problem inventory management software is built to solve, and there’s no shortage of it built specifically for small businesses. But “best” depends heavily on what kind of small business is asking. A boutique running one storefront on Square has almost nothing in common, inventory-wise, with a three-person team assembling furniture from raw materials, or a Shopify seller juggling stock across Amazon, TikTok Shop, and their own site. The tool that’s a perfect fit for one is often the wrong choice or wildly overpriced – for another.
Below are nine inventory management platforms worth considering, organized by the type of small business each one fits best, along with current pricing, so there are no surprises after the free trial ends.
Before getting into the list, it’s worth being clear about what separates a genuinely useful inventory system from a glorified spreadsheet with a login screen. A few things matter more than the length of the feature list:
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Real-time syncing across sales channels. If stock counts update on a delay, overselling is only a matter of time.
Order volume limits. Several platforms below cap how many orders or invoices a plan can process monthly – a business can outgrow a plan’s limits well before it outgrows the software itself.
What it integrates with. An inventory tool that doesn’t talk to the accounting software, ecommerce platform, or POS system already in use just creates a second system to reconcile by hand.
Pricing model. Some tools charge per user, some per order volume, some per location, and that structure can make a “cheaper” plan more expensive in practice, depending on how the business operates.
With that framework in mind, here’s the list.
1. Zoho Inventory : Best overall value
Best for: Small businesses starting out or replacing spreadsheets | Starting at: Free; paid plans from $29/month | Standout feature: A genuinely usable free plan plus native integration with the rest of the Zoho ecosystem
Zoho Inventory is the rare inventory platform that’s genuinely useful on its free plan, which makes it a sensible starting point for a small business that isn’t ready to commit to a monthly bill yet. The free tier covers 50 orders and 50 invoices per month for one user across two locations – thin, but enough to test whether the workflow fits before paying anything.
Paid plans scale cleanly: Standard runs $29/month (billed annually; $39 month-to-month) for 500 orders and three users, Premium is $79/month for 3,000 orders and five users, Plus is $129/month for 7,500 orders and ten users, and Enterprise tops out at $249/month for 15,000 orders. Every tier includes multichannel selling, warehouse management, and order fulfillment tools, and the platform integrates natively with the rest of the Zoho ecosystem – a real advantage for a business already using Zoho Books or Zoho CRM.
The trade-off is that Zoho Inventory’s advanced features, serial and batch tracking, for instance – are locked behind the Professional tier and above, so a business with compliance-heavy inventory (food, cosmetics, electronics with warranties) may need to budget for a higher plan sooner than the sticker price suggests.
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2. QuickBooks Online : Best for businesses that want accounting and inventory in one place
Best for: Businesses that want inventory and accounting under one login | Starting at: Plus plan, roughly $115–$140/month (verify current rate) | Standout feature: Inventory synced directly with invoicing, COGS, and payroll
For a small business already doing its books in QuickBooks, adding a separate inventory platform means reconciling two systems that were never designed to talk to each other perfectly. QuickBooks Online sidesteps that by building basic inventory tracking directly into its Plus plan: quantity on hand, cost of goods sold [COGS, the direct cost of the products a business has sold], and purchase orders, all inside the same login used for invoicing and payroll.
Pricing here needs a caveat: Intuit has raised QuickBooks Online prices more than once through 2026, and third-party trackers currently disagree on the exact current rate for Plus, with figures ranging from roughly $115 to $140 per month depending on when they were last updated. The Plus plan supports up to five users and includes project profitability tracking alongside inventory.
The real limitation isn’t price, it’s depth. QuickBooks Online’s inventory tools cover the basics well but lack the multichannel, warehouse, and manufacturing features that dedicated inventory platforms offer. A business selling on three marketplaces or assembling products from components will likely outgrow it quickly.
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3. Square for Retail : Best for brick-and-mortar retailers already on Square
Best for: Retailers already processing payments through Square | Starting at: Free; Plus plan $49/month per location | Standout feature: Inventory tools built into the same POS already running sales
Square for Retail makes the most sense for a business that’s already processing payments through Square and wants inventory tracking layered onto the same system, rather than bolted on separately. Under Square’s current unified pricing, the Free plan includes basic point-of-sale and inventory tools with no monthly fee, while Square Plus adds advanced inventory tracking, low-stock alerts, and purchase order management for $49 per month per location, with a reduced 2.5% + 15¢ in-person processing rate. Square Premium, aimed at higher-volume sellers, runs $149 per month per location with further-reduced processing fees.
Square for Retail’s inventory features are genuinely strong for a single-location or small multi-location retailer: cross-location stock transfers, vendor management, and barcode label printing are all included at the Plus tier. Where it falls short is scale, retailers running many locations or complex wholesale operations tend to find Square’s inventory tools thinner than purpose-built platforms like Lightspeed or Cin7.
4. inFlow Inventory : Best for wholesale, distribution, and B2B
Best for: Wholesalers and distributors managing vendor relationships alongside sales | Starting at: $129/month, billed annually | Standout feature: Built-in B2B showroom for wholesale ordering
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inFlow is built around a workflow that a lot of inventory software treats as secondary: selling to other businesses rather than directly to consumers. Its built-in B2B showroom, purchase-order-heavy design, and strong barcode and label tools make it a natural fit for wholesalers and distributors who spend as much time managing vendor relationships as they do sales.
Pricing starts at $129/month (billed annually) for the Entrepreneur plan, which includes two team members and 1,200 sales orders per year, but caps users at a single inventory location. The Small Business plan, inFlow’s most popular tier, runs $349/month for five team members, 12,000 annual orders, and unlimited locations. Mid-Size jumps to $699/month with unlimited orders, and Enterprise pricing is custom. inFlow also sells a separate, cheaper Manufacturing product for businesses that assemble finished goods, and a bare-bones Stockroom app (from $99/month) for simple scan-in, scan-out tracking.
The entry-level plan’s single-location limit is worth flagging: a small business planning to add a second warehouse or storefront will need to budget for the $349/month tier from the start, not the $129 headline price.
5. Cin7 Core : Best for multichannel ecommerce brands
Best for: Brands selling the same products across several channels at once | Starting at: $349/month | Standout feature: Real-time stock sync across every connected sales channel
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Cin7 Core : formerly known as DEAR Systems before its 2022 rebrand – is built for businesses selling the same products across several channels at once: a Shopify store, an Amazon listing, a wholesale account, maybe a physical pop-up. Its strength is keeping stock levels synchronized across all of them in real time, so a sale on one channel doesn’t lead to overselling on another.
The Standard plan costs $349/month for five users, two ecommerce integrations, and roughly 6,000 orders per year (about 500 a month). Pro runs $599/month with more users and integrations plus manufacturing resource planning [MRP, tools for scheduling production and tracking materials] features, and Advanced reaches $999/month for high-volume operations needing warehouse management. Cin7 also offers a separate enterprise product, Cin7 Omni, with custom pricing.
Cin7 Core is priced well above the entry-level tools on this list, which makes it a harder sell for a business just starting to outgrow spreadsheets. It earns that price for a business already selling on multiple channels – the alternative, reconciling stock across platforms by hand, tends to be more expensive in the long run through overselling and refunds.
6. Katana Cloud Inventory : Best for small manufacturers and makers
Best for: Businesses that turn raw materials into finished products | Starting at: $179/month | Standout feature: Bill-of-materials and real-time raw-material allocation built for production
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Most inventory software assumes a business buys finished goods and resells them. Katana assumes the opposite: that raw materials go in, and a different, finished product comes out – the exact workflow a small manufacturer, food producer, or maker business needs and generic inventory tools don’t handle well.
Katana offers a free plan limited to 30 SKUs and one location, useful mainly for testing the platform. The paid Core plan starts at $299/month and includes bill-of-materials tracking, production scheduling, and real-time raw material allocation. Katana’s pricing model has shifted more than once in recent years, and several add-ons – warehouse management, batch traceability, and advanced manufacturing routing, are priced separately from the Core plan, which can push the effective monthly cost considerably higher for a business that needs them.
That pricing structure is the main thing to watch. Katana is genuinely well-suited to small manufacturers, but a business with modest order volumes and lower-priced items should model the full cost, add-ons included, before committing – several reviewers report the order-based pricing scaling faster than expected as sales grow.
7. Ordoro : Best for ecommerce sellers who need shipping and dropshipping bundled in
Best for: Ecommerce sellers who want shipping, inventory, or dropshipping without paying for all three | Starting at: Free shipping tier; Inventory app from $349/month | Standout feature: Modular apps you can mix and match instead of one bundled platform
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Ordoro splits itself into three separate apps – Shipping, Inventory, and Dropshipping – that a business can mix and match rather than paying for a single bundled platform. That’s useful for an ecommerce seller who mainly needs discounted shipping labels today but expects to need inventory or dropship automation later.
The Shipping app has a genuinely free tier (100 labels per month, one user) with an Advanced plan at $59/month for higher volume. The Inventory app starts at $349/month for the Advanced tier and $499/month for Premium, which adds purchase orders and bill-of-materials tracking. The Dropshipping app, aimed at businesses that route orders to suppliers rather than holding stock themselves, starts at $299/month. Bundling all three requires contacting Ordoro’s sales team for custom pricing.
The modular pricing is a double-edged sword: it lets a small business pay only for what it needs right now, but the Inventory app alone starts well above what Zoho or Square charge for comparable core functionality – Ordoro’s real value shows up for businesses that actually need the shipping and dropshipping pieces alongside it, not for inventory tracking in isolation.
8. Sortly : Best for simple, photo-based tracking
Best for: Tracking equipment, tools, or supplies rather than retail inventory | Starting at: Free; paid plans from $49/month | Standout feature: Visual, photo-first interface with no sales or order-management layer to learn
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Not every small business is tracking retail inventory. Sortly is built for the ones tracking equipment, tools, supplies, or materials – a contractor’s van inventory, a salon’s product backstock, a nonprofit’s donated goods – where a visual, photo-first interface matters more than purchase orders or multichannel sync.
Sortly’s free plan covers basic tracking for a single user. Paid plans start at Advanced ($49/month), then Ultra ($149/month) for growing teams, and Premium ($299/month) for businesses needing custom reports and deeper QuickBooks integration; an Enterprise tier is available on request. Every paid plan includes barcode and QR scanning, low-stock alerts, and custom folders and tags for organizing items by job, project, or location.
Sortly’s limitation is built into what makes it simple: it’s not a sales or order management platform. A retailer or ecommerce seller processing transactions will need something else entirely; Sortly earns its place on this list specifically for the small businesses tracking physical items that never go through a checkout.
9. Lightspeed Retail : Best for growing, multi-location specialty retail
Best for: Specialty retailers outgrowing single-location simplicity | Starting at: $89/month, billed annually | Standout feature: Deep product-variant and vendor management built for specialty categories
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Lightspeed Retail positions itself a step above Square for a retailer that’s outgrowing single-location simplicity – specialty stores in categories like apparel, jewelry, sporting goods, and furniture, where product variants, vendor relationships, and multi-location stock transfers get complicated fast.
The Basic plan runs $89/month billed annually ($109 month-to-month) for one register with integrated payments and core inventory tools. Core, Lightspeed’s most popular tier, is $149/month annually ($179 monthly) and adds loyalty programs and deeper reporting. Plus reaches $289/month annually ($339 monthly) with custom reporting and API access, and Enterprise pricing requires a custom quote. Each tier includes one register; additional registers and multi-location setups typically require a conversation with Lightspeed’s sales team rather than a published per-location rate.
The trade-off for that retail-specific depth is cost and complexity relative to Square: a single-location boutique that doesn’t need Lightspeed’s variant and vendor management may find it more software than necessary, and pricier than a comparable Square Plus setup.
Choosing between them
There isn’t a single best answer here, and that’s really the point, the right platform depends on whether the business is reselling finished goods, building products from raw materials, selling on one channel or six, and how much it’s already invested in an existing POS or accounting system. A business already running QuickBooks or Square has a real head start using the inventory tools built into what it already pays for; one that’s outgrown those basics will get more value from a dedicated platform like Zoho, Cin7, or inFlow, even at a higher monthly cost.
SYDNEY — Millions of Australians across the country’s southeast are being warned to brace for a blast of icy weather in the coming days, as a powerful low-pressure system currently sitting near Antarctica tracks toward the mainland, threatening to bring hail, snow, damaging winds and heavy rain to at least four states.
According to weather service Weatherzone, the low-pressure system is expected to travel more than 4,000 kilometers between Wednesday and Saturday, passing to the south of Australia over the weekend as it drags a large mass of polar air across the Southern Ocean toward the mainland. The severe weather is forecast to affect Victoria, Tasmania, New South Wales and southern Queensland, according to the outlook.
A Two-Stage Weather Event
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Forecasters say the system will unfold in two distinct phases. Wind and rain are expected to increase across southeastern Australia from Saturday into Sunday, as northerly winds strengthen ahead of the approaching cold front. That initial pre-frontal air is expected to remain relatively warm, meaning most of the precipitation during this early stage will fall as rain rather than snow, with the exception of higher terrain in the Alps.
The more severe, bitterly cold conditions are expected to arrive from late Sunday into Monday, as the cold air mass spreads across New South Wales, Victoria, southern Queensland and the Australian Capital Territory, before reaching Tasmania on Monday. During this stage, forecasters are warning of blustery winds, rain, hail, thunderstorms and snow across southeastern Australia, conditions that could include damaging to destructive wind gusts and flooding rain.
Destructive Winds and Blizzard Conditions Possible
Damaging wind gusts are considered likely to develop across parts of Victoria, New South Wales and the ACT, with forecasters saying those conditions may also extend into Tasmania. In the highest terrain, particularly across the Australian Alps, the system is expected to bring destructive wind gusts alongside blizzard conditions. Rain is forecast to be widespread across the country’s southeastern states on Sunday and Monday, with the heaviest rainfall totals expected along the ranges of central and northeastern Victoria and southern New South Wales.
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Bureau of Meteorology Tracks the System’s Path
David Crock, a meteorologist with the Bureau of Meteorology, said a cloud band was expected to continue streaming over inland Western Australia and parts of South Australia on Friday, ahead of the more severe conditions forecast for the weekend. Describing what would follow, Crock said a strong cold front would reach southwest Western Australia later Friday before continuing across South Australia over the course of the weekend. He added that elsewhere in the country, the dry season remains in full swing across northern Australia, with only a few light showers expected along parts of the Queensland coast.
Crock also noted that cloud and showers are likely to persist Friday around Australia’s southern states, as the broader system continues developing ahead of the more intense wintry conditions expected to arrive over the following days.
A Boost for Ski Resorts
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While the system is expected to bring disruptive and potentially hazardous conditions to populated areas, it is also likely to deliver a significant benefit to Australia’s alpine ski resorts. Forecasters say it is extremely likely that the natural snow depth at Spencers Creek, a key benchmark measurement site in the Snowy Mountains, will be well over a meter by the same time next week, with the majority of lifts across the country’s ski resorts expected to be operating as a result of the fresh snowfall. Thredbo, one of the region’s largest ski resorts, became the first Australian ski area to operate at full capacity in 2026 earlier this week, with all 15 of its lifts running.
A Pattern of Severe Winter Weather
The approaching system fits within a broader pattern of significant cold outbreaks that have periodically struck southeastern Australia during winter months in recent years, driven by low-pressure systems tracking north from the Antarctic region. Similar events in past years have brought rare snowfall to lower-elevation areas not typically accustomed to significant winter weather, along with widespread disruption including road closures, flight cancellations and, in some cases, livestock losses on farms caught in the path of the coldest conditions.
Authorities Urge Caution
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With the more severe phase of the system expected to bring a combination of flooding rain, damaging winds and hazardous alpine conditions, residents across the affected states are being urged to stay updated on official weather warnings as the system continues to develop over the coming days. Authorities have reiterated standard guidance that anyone facing a life-threatening situation as a result of the severe weather should contact emergency services immediately.
What to Expect in Each State
For Victoria, New South Wales and the ACT, the greatest risks are expected to center on damaging wind gusts, heavy rainfall and potential flooding, particularly across higher terrain and along the ranges of central and northeastern Victoria and southern New South Wales. Tasmania is expected to see the cold front’s most intense conditions arrive slightly later, on Monday, with blizzard conditions possible in elevated alpine areas. Southern Queensland is also included in the areas expected to experience the cold air mass, extending the reach of the wintry system further north than is typical for this type of weather event.
With the low-pressure system still tracking toward the Australian mainland as of Thursday, forecasters are continuing to refine their projections for exact rainfall totals, wind speeds and snowfall accumulations as the weekend approaches. Given the system’s scale and the multiple hazards it is expected to bring, including hail, thunderstorms, flooding rain and potentially blizzard conditions in alpine regions, authorities across the affected states are likely to continue issuing updated warnings and advisories in the lead-up to the system’s peak impact late Sunday and into Monday.
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Hello, and welcome to Ouster’s Second Quarter 2026 Earnings Conference Call. [Operator Instructions] The call today is being recorded, and a replay of the call will be available on the Ouster Investor Relations website an hour after the completion of this call.
I’d now like to turn the conference over to Chen Geng, Senior Vice President and Strategic Finance, Treasurer. Please go ahead.
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Chen Geng Senior VP of Strategic Finance & Treasurer
Thank you, operator, and good afternoon, everyone. Thank you for joining our second quarter 2026 earnings call. Today on the call, we have Chief Executive Officer, Angus Pacala; and Chief Financial Officer, Ken Gianella. As a reminder, after the market closed today, Ouster issued its financial news release, which was also furnished on a Form 8-K and is posted in the Investor Relations section of the Ouster website. Today’s conference call will be available for webcast replay in the Investor Relations section of our website.
I want to remind everyone that on this call, we will make certain forward-looking statements. These include all statements about our competitive position, product advantages and growth opportunities, anticipated industry trends, our business and strategic priorities, our operating expense targets, the impact of our recent acquisitions, the development and expansion of our products, our products’ capabilities and performance, and our revenue guidance for
Shares of Life Insurance Corporation of India (LIC) gained 2.5% to Rs 397 on the BSE on Friday after the state-owned insurer reported a 23% year-on-year (YoY) rise in standalone net profit to Rs 13,492 crore for the quarter ended June.
The company had posted a profit of Rs 10,986 crore in the corresponding quarter last year. Net premium income grew 7% YoY to Rs 1.27 lakh crore during the quarter.
According to IRDAI data, LIC retained its leadership in the domestic life insurance market with an overall 60.1% share of first-year premium income. During the quarter, it held a 38.89% market share in the individual business and 70.9% in the group business.
Premium growth was driven by both segments. Individual business premium increased 6% to Rs 75,416 crore from Rs 71,474 crore a year ago, while group business premium rose 9% to Rs 51,834 crore from Rs 47,726 crore.
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LIC sold 31.02 lakh individual policies during the June quarter, up 2% from 30.40 lakh policies in the year-ago period. On an annualised premium equivalent (APE) basis, total premium stood at Rs 13,692 crore in Q1FY27, with the individual business contributing Rs 7,532 crore (55%) and the group business accounting for Rs 6,160 crore (45%).
Goldman Sachs maintained its ‘Neutral’ rating on LIC with a target price of Rs 475, implying an upside of around 22.5% from the current market price. While the brokerage noted that annualised premium equivalent (APE) growth fell short of its expectations, it said stronger-than-expected value of new business (VNB) growth and a sharp expansion in VNB margins, supported by a favourable product mix, prompted it to raise its FY27-FY29 EPS estimates.
Emkay Global reiterated its ‘Buy’ rating on LIC and retained a target price of Rs 550, implying an upside of around 42%. The brokerage highlighted better-than-expected margin performance, with the VNB margin expanding to 22.9% and VNB rising 61% YoY. It also raised its FY27-FY29 VNB margin estimates and earnings forecasts, citing an improving product mix, higher profitability and a stronger capital position.
Motilal Oswal maintained its ‘Buy’ rating on LIC with a target price of Rs 480, implying an upside of around 24% from the current market price. The brokerage pointed to the 61% YoY growth in VNB and the expansion in the VNB margin to 22.9%, driven by a richer non-par product mix. It also raised its FY27-FY28 VNB margin estimates, supported by improving profitability, robust growth in the protection business and a stronger solvency position.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Bank Of America (BAC), Garmin (GRMN), Glaukos (GKOS) and others on the Investor’s Business Daily Breakout Stocks Index have climbed out of buy range. But several stocks to watch — including Raymond James Financial (RJF), Viking (VIK) and Tapestry (TPR) — remain in or near buy range. So, as market indexes rally, this screen provides a string of names to…
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James Hardie Industries plc (JHX) Q1 2027 Earnings Call August 6, 2026 6:00 PM EDT
Company Participants
Bill Seymour – Vice President of Investor Relations Aaron Erter – CEO & Executive Director Ryan Lada – Chief Financial Officer Jonathan Skelly – President & GM of James Hardie North America (NA) Building Products Group
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Conference Call Participants
Ryan Merkel – William Blair & Company L.L.C., Research Division Brook Campbell-Crawford – Barrenjoey Markets Pty Limited, Research Division Keith Hughes – Truist Securities, Inc., Research Division Keith Chau – MST Financial Services Pty Limited, Research Division Philip Ng – Jefferies LLC, Research Division Peter Steyn – Macquarie Research Timothy Wojs – Robert W. Baird & Co. Incorporated, Research Division Harry Saunders – E&P, Research Division Matthew Bouley – Barclays Bank PLC, Research Division Daniel Sykes – Jarden Limited, Research Division Rafe Jadrosich – BofA Securities, Research Division
Presentation
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Operator
Welcome to the James Hardie Fiscal First Quarter 2027 Earnings Conference Call. [Operator Instructions]
I would now like to hand the call over to Bill Seymour, VP of Investor Relations. Please go ahead.
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Bill Seymour Vice President of Investor Relations
Thank you, operator, and thank you to everyone for joining today’s call. I’m joined today by Aaron Erter, CEO of James Hardie; Ryan Lada, CFO of James Hardie; and Jon Skelly, President and General Manager of James Hardie, North America Building Products.
Before we begin the call, please note that during prepared remarks and Q&A, we may refer to non-GAAP financial measures and make forward-looking statements. You can refer to several related cautionary and other notes on Slide 2 of our earnings presentation for more information. Forward-looking statements made during today’s conference call and in the earnings materials speak only as of the date of this presentation. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements.
Shares of MercadoLibre fell Thursday, trading down 6.57%, or $126.29, to $1,796.28, extending a decline that began after the Latin American e-commerce and fintech giant reported second-quarter results showing record revenue that nonetheless failed to prevent a third consecutive quarterly decline in net income.
The stock’s slide began late Wednesday, when shares initially fell 7.23% in post-market trading to $1,783.49 following the release of the company’s earnings report, down from Wednesday’s regular-session closing price of $1,922.57. The decline reflected a familiar pattern for MercadoLibre this year: strong top-line growth overshadowed by investor concern over the company’s shrinking profit margins as it continues investing heavily in its commerce, fintech and logistics operations.
Record Revenue, Falling Profit
MercadoLibre reported second-quarter revenue of $10.2 billion, up 50% from the same period a year earlier and roughly $500 million ahead of the $9.7 billion analysts had expected. The quarter marked the first time in the company’s history that quarterly revenue surpassed the $10 billion threshold. Adjusted earnings came in at $9.19 per share, beating the $8.58 analysts had forecast.
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Despite those top-line and per-share beats, net income fell 11% from a year earlier to $466 million, though the figure still came in ahead of the $433 million analysts had expected. Operating income declined 17% to $683 million, even as it exceeded forecasts. The company’s operating margin narrowed to 6.7%, down from 12.2% in the same period a year earlier, a compression of roughly 550 basis points that has become the central point of investor concern surrounding the stock.
A Pattern of Deliberate Margin Compression
Thursday’s reaction extends a trend that has now played out across multiple consecutive quarters, in which MercadoLibre’s rapid revenue growth has been consistently offset by shrinking profitability as the company prioritizes expansion over near-term margin preservation. The company’s leadership has previously indicated that much of the margin decline reflects deliberate strategic choices rather than unexpected cost pressures, including continued investment in free shipping subsidies, an expanding logistics footprint, and the rapid scaling of its credit card and lending business across Latin America.
Higher spending on the company’s core commerce business, ongoing pressure tied to payment acquiring services in Mexico, and continued investment in broader ecosystem expansion were all cited as contributing factors weighing on profitability during the quarter. The company’s net interest margin, a key metric for its fintech operations, did show improvement, rising to 21% from 18% in the first quarter of 2026, supported by stronger performance across its major markets, offering one bright spot within an otherwise mixed profitability picture.
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AI Investments Boosting Productivity
MercadoLibre highlighted continued progress in integrating artificial intelligence across its operations, saying AI tools have enhanced search functionality, fulfillment operations and overall sales productivity. According to the company, technology productivity metrics have increased seven to ten times faster than the pace of employee growth, an efficiency gain executives pointed to as evidence that the company’s technology investments are beginning to yield measurable operational benefits even as overall margins remain under pressure from other parts of the business.
A Year of Volatility
Thursday’s decline adds to what has already been a turbulent year for MercadoLibre’s stock. Shares have fallen sharply at multiple points in 2026, including a roughly 11% to 13% single-day drop following the company’s first-quarter results in early May, when strong revenue growth of 49% was similarly overshadowed by a steep decline in operating income tied to increased shipping subsidies and rising loan-loss provisions connected to the rapid expansion of its credit card business. That first-quarter selloff pushed the stock as much as 37% below its 52-week high of $2,645.22, with the shares experiencing a maximum drawdown of nearly 41% at one point during the year.
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Even prior to this year’s declines, MercadoLibre had already shown a pattern of sharp single-session swings tied to earnings, including a roughly 10% drop following mixed fourth-quarter results reported earlier in the year, when operating margins fell to 10.1% from 13.5% in the prior-year period, driven by similar concerns over heavy spending on logistics, AI expansion and marketing.
Wall Street Remains Broadly Positive
Despite the stock’s repeated post-earnings declines throughout 2026, analyst sentiment toward MercadoLibre has remained largely favorable heading into and following Wednesday’s report. According to FactSet Research Systems, coverage of the stock included 19 buy ratings, one overweight rating and five hold ratings, with no analysts issuing a sell recommendation ahead of the results. Shares had risen roughly 2% in the days leading up to the earnings release, a gain that Wednesday’s after-hours decline more than erased.
Some brokerages had already moved to adjust their outlooks ahead of the report, with the after-market trading price landing just 2.4% above the lowest price target among analysts tracked by FactSet, suggesting that at least part of the market had already positioned for a mixed reaction even before the specific results were released.
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What Investors Are Watching Next
Attention now turns to a series of upcoming macroeconomic events that could further influence sentiment toward MercadoLibre, given the company’s heavy exposure to economic conditions across Latin America. Mexico’s central bank is scheduled to announce its latest interest rate decision on Aug. 6, a development that could directly affect consumer spending and credit demand in one of MercadoLibre’s key markets. U.S. inflation data due Aug. 12 is also likely to draw investor attention, given its broader implications for interest rate policy and risk appetite toward emerging-market-exposed stocks like MercadoLibre.
A Business Still Expanding Rapidly
Despite the market’s repeated skepticism toward the company’s margin trajectory, MercadoLibre’s underlying growth metrics have remained robust throughout the year. The company has continued expanding its logistics infrastructure across Brazil, its largest market, including the addition of new fulfillment centers and last-mile delivery capacity, part of a broader strategy that management has consistently framed as prioritizing long-term market share and customer growth over near-term profitability.
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With MercadoLibre once again demonstrating record revenue growth alongside a third consecutive quarter of declining net income, investors are likely to continue closely scrutinizing the company’s margin trajectory in the quarters ahead, particularly as it relates to the scaling of its fintech and credit operations. Whether the current pattern of strong sales growth paired with narrowing profitability represents a sustainable long-term strategy or a source of continued near-term stock volatility is expected to remain the central question shaping investor sentiment toward the company through the remainder of 2026.
Anthony Rozmus – Investor Relations Officer Paul Voigt – Interim Chief Executive Officer Michael Sena – CFO, Treasurer & Corporate Secretary
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Presentation
Operator
Good afternoon, and welcome to INNOVATE Corp.’s Second Quarter 2026 Earnings Conference Call. [Operator Instructions] Please note that this event is being recorded.
I would now like to turn the call over to Anthony Rozmus with Investor Relations. Please go ahead, sir.
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Anthony Rozmus Investor Relations Officer
Good afternoon. Thank you for being with us to review INNOVATE’s Second Quarter 2026 Earnings Results. We are joined today by Paul Voigt, INNOVATEs Interim CEO; and Mike Sena, INNOVATE’s CFO.
We have posted our earnings release and our slide presentation on our website at innovatecorp.com. We will begin our call with prepared remarks to be followed by a Q&A session. This call is also being simulcast and will be archived on our website.
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During this call, management may make certain statements and assumptions, which are not historical facts, will be forward-looking and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risks, assumptions and uncertainties and are subject to certain assumptions and risk factors that could cause INNOVATE’s actual results to differ materially from these forward-looking statements. The risk factors that could cause these differences are more fully disclosed in the cautionary statement that is included in our earnings release and the slide presentation and further detailed in our 10-K and other filings with the SEC. In addition, the forward-looking statements included in this conference call are only made as of the date of this call and as stated in our SEC reports. INNOVATE disclaims any intent or obligation to update or revise these forward-looking statements, except as expressly required by
Good day, ladies and gentlemen, and welcome to the Clipper Realty Q2 Earnings Conference Call. [Operator Instructions].
It is now my pleasure to turn the floor over to your host, Lawrence Sava, Corporate Controller. Lawrence, the floor is yours.
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Lawrence Sava
Good afternoon, and thank you for joining us for the Second Quarter 2026 Clipper Realty Inc. Earnings Conference Call. Participating with me on today’s call are David Bistricer, Co-Chairman of the Board and Chief Executive Officer; and Larry Kreider, Chief Financial Officer.
Please be aware that statements made during the call that are not historical may be deemed forward-looking statements, and actual results may differ materially from those indicated by such forward-looking statements. These statements are subject to numerous risks and uncertainties including those disclosed in the company’s 2025 annual report on Form 10-K and 2026 second quarterly report on Form 10-Q just filed today, which are accessible at www.sec.gov and on our website.
As a reminder, the forward-looking statements speak only as of the date of this call, August 6, 2026, and the company undertakes no duty to update them. During this call, management may refer to certain nonfinancial — certain non-GAAP financial measures, including adjusted funds from operations or AFFO, adjusted earnings before interest, taxes, depreciation and amortization or adjusted EBITDA and net operating income or NOI. Please see our press release, supplemental financial information and Form 10-Q posted today for a reconciliation of these non-GAAP financial measures with the most directly comparable GAAP financial measures.
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With that, I will now turn the call over to our Co-Chairman and CEO, David Bistricer.
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