The end of the earnings season is always a good time to take a step back and see who shined (and who not so much). Let’s take a look at how online marketplace stocks fared in Q4, starting with Teladoc (NYSE:TDOC).

Marketplaces have existed for centuries. Where once it was a main street in a small town or a mall in the suburbs, sellers benefitted from proximity to one another because they could draw customers by offering convenience and selection. Today, a myriad of online marketplaces fulfill that same role, aggregating large customer bases, which attracts commission-paying sellers, generating flywheel scale effects that feed back into further customer acquisition.

The 11 online marketplace stocks we track reported a weaker Q4; on average, revenues beat analyst consensus estimates by 1.1%. while next quarter's revenue guidance was 3.7% below consensus. Inflation (despite slowing) has investors prioritizing near-term cash flows, but online marketplace stocks held their ground better than others, with the share prices up 15% on average since the previous earnings results.

Teladoc (NYSE:TDOC)

Founded to help people in rural areas get online medical consultations, Teladoc Health (NYSE:TDOC) is a telemedicine platform that facilitates remote doctor’s visits.

Teladoc reported revenues of $660.5 million, up 3.6% year on year, falling short of analyst expectations by 1.6%. It was a weak quarter for the company, with full-year revenue guidance missing analysts' expectations.

"With approximately 90 million members and thousands of clients around the world, Teladoc Health continues to be the leader in whole person virtual care," said Jason Gorevic, CEO of Teladoc Health.

The stock is down 26.4% since the results and currently trades at $15.09.

Is now the time to buy Teladoc? Access our full analysis of the earnings results here, it's free.

Best Q4: MercadoLibre (NASDAQ:MELI)

Originally started as an online auction platform, MercadoLibre (NASDAQ:MELI) is a one-stop e-commerce marketplace and fintech platform in Latin America.

MercadoLibre reported revenues of $4.26 billion, up 41.9% year on year, outperforming analyst expectations by 2.8%. It was an impressive quarter for the company. MercadoLibre's robust user growth enabled it to beat analysts' revenue, total payment volume (TPV), and gross merchandise volume (GMV) estimates.

MercadoLibre scored the fastest revenue growth among its peers. The company reported 145 million daily active users, up 49.5% year on year. The stock is down 18% since the results and currently trades at $1,493.9.

Is now the time to buy MercadoLibre? Access our full analysis of the earnings results here, it's free.

Weakest Q4: Shutterstock (NYSE:SSTK)

Originally featuring a library that included many of founder Jon Oringer’s photos, Shutterstock (NYSE:SSTK) is now a digital platform where customers can license and use hundreds of millions of pieces of content.

Shutterstock reported revenues of $217.2 million, down 0.2% year on year, falling short of analyst expectations by 3%. It was a weak quarter for the company, with full-year revenue guidance missing analysts' expectations and a decline in its user base.

Shutterstock had the weakest performance against analyst estimates and weakest full-year guidance update in the group. The company reported 523,000 users, down 10.8% year on year. The stock is down 0.4% since the results and currently trades at $44.26.

Read our full analysis of Shutterstock's results here.

LegalZoom (NASDAQ:LZ)

LegalZoom (NASDAQ:LZ) is an online platform that provides online legal services to individuals and small businesses. The company’s co-founders found it difficult and expensive to find lawyers and file paperwork when trying to start a business so they started LegalZoom instead to address this pain point.

LegalZoom reported revenues of $158.7 million, up 8.2% year on year, surpassing analyst expectations by 1.3%. It was a weak quarter for the company, with underwhelming revenue guidance for the next quarter and full-year revenue guidance missing analysts' expectations.

The company reported 1.55 million users, up 7.2% year on year. The stock is up 33.1% since the results and currently trades at $13.07.

Read our full, actionable report on LegalZoom here, it's free.

Etsy (NASDAQ:ETSY)

Founded by a struggling amateur furniture maker Robert Kalin and his two friends, Etsy (NASDAQ:ETSY) is one of the world’s largest online marketplaces, focusing on handmade or vintage items.

Etsy reported revenues of $842.3 million, up 4.3% year on year, surpassing analyst expectations by 1.8%. It was a mixed quarter for the company, with slow revenue growth. On the other hand, free cash flow was solid.

The company reported 96.48 million active buyers, up 1.5% year on year. The stock is down 11% since the results and currently trades at $68.62.

Read our full, actionable report on Etsy here, it's free.

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