Business Segments · Direct Contribution
Argentina — Direct Contribution
Mercado Libre Argentina — Direct Contribution increased by 4.9% to $600.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 2.1%, from $613.00M to $600.00M. Over 4 years (FY 2021 to FY 2025), Argentina — Direct Contribution shows an upward trend with a 46.9% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ4 2025
How to read this metric
An increase indicates improved regional profitability, better pricing power, or enhanced operational leverage.
Detailed definition
This metric measures the profitability of the segment by subtracting direct costs and expenses from the total revenues g...
Peer comparison
Comparable to segment-level operating income or contribution margin reported by global e-commerce conglomerates.
Metric ID:
meli_segment_argentina_direct_contributionHistorical Data
19 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | 133.9M | 140M | 151M | 198M | 222M | 299M | 293M | 310M | 335M | 384M | 374M | 224M | 381M | 457M | 613M | 648M | 661M | 572M | 600M |
| QoQ Change | — | +4.6% | +7.8% | +31.1% | +12.1% | +34.7% | -2.0% | +5.8% | +8.1% | +14.6% | -2.6% | -40.1% | +70.1% | +19.9% | +34.1% | +5.7% | +2.0% | -13.5% | +4.9% |
| YoY Change | — | — | — | — | +65.8% | +113.5% | +94.0% | +56.6% | +50.9% | +28.4% | +27.6% | -27.7% | +13.7% | +19.0% | +63.9% | +189.3% | +73.5% | +25.2% | -2.1% |
Range133.9M – 661M
CAGR+39.6%
Avg YoY Growth+52.8%
Median YoY Growth+50.9%
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Frequently Asked Questions
- What is Mercado Libre's argentina — direct contribution?
- Mercado Libre (MELI) reported argentina — direct contribution of $600.00M in Q4 2025.
- How has Mercado Libre's argentina — direct contribution changed year-over-year?
- Mercado Libre's argentina — direct contribution decreased by 2.1% year-over-year, from $613.00M to $600.00M.
- What is the long-term trend for Mercado Libre's argentina — direct contribution?
- Over 4 years (2021 to 2025), Mercado Libre's argentina — direct contribution has grown at a 46.9% compound annual growth rate (CAGR), from $533.22M to $2.48B.
- What does argentina — direct contribution mean?
- The profit generated by a specific region after accounting for its direct operating costs.