Mercado Libre Argentina — Local Operating Expenses increased by 16.6% to $989.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 46.7%, from $674.00M to $989.00M. Over 3 years (FY 2022 to FY 2025), Argentina — Local Operating Expenses shows an upward trend with a 32.3% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to revenue may signal declining operational efficiency or aggressive investment in market expansion.
This metric tracks the recurring costs incurred to maintain daily business operations within the specific geographic seg...
Comparable to regional SG&A or operating expense line items found in the segment reporting of global technology companies.
meli_segment_argentina_local_operating_expenses| 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 | $366.50M | $366.50M | $366.50M | $366.50M | $453.00M | $453.00M | $453.00M | $453.00M | $374.00M | $464.00M | $557.00M | $674.00M | $714.00M | $847.00M | $848.00M | $989.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +23.6% | +0.0% | +0.0% | +0.0% | -17.4% | +24.1% | +20.0% | +21.0% | +5.9% | +18.6% | +0.1% | +16.6% |
| YoY Change | — | — | — | — | +23.6% | +23.6% | +23.6% | +23.6% | -17.4% | +2.4% | +23.0% | +48.8% | +90.9% | +82.5% | +52.2% | +46.7% |