Business Segments · Local Operating Expenses

Argentina — Local Operating Expenses

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.

Analysis

StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ4 2025

How to read this metric

An increase relative to revenue may signal declining operational efficiency or aggressive investment in market expansion.

Detailed definition

This metric tracks the recurring costs incurred to maintain daily business operations within the specific geographic seg...

Peer comparison

Comparable to regional SG&A or operating expense line items found in the segment reporting of global technology companies.

Metric ID: meli_segment_argentina_local_operating_expenses

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '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%
Range$366.50M$989.00M
CAGR+30.3%
Avg YoY Growth+35.3%
Median YoY Growth+23.6%
Current Streak7 quarters growth

Frequently Asked Questions

What is Mercado Libre's argentina — local operating expenses?
Mercado Libre (MELI) reported argentina — local operating expenses of $989.00M in Q4 2025.
How has Mercado Libre's argentina — local operating expenses changed year-over-year?
Mercado Libre's argentina — local operating expenses increased by 46.7% year-over-year, from $674.00M to $989.00M.
What is the long-term trend for Mercado Libre's argentina — local operating expenses?
Over 3 years (2022 to 2025), Mercado Libre's argentina — local operating expenses has grown at a 32.3% compound annual growth rate (CAGR), from $1.47B to $3.40B.
What does argentina — local operating expenses mean?
The day-to-day costs required to run the business in a specific region.