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Mercado Libre MELI Argentina — Right of use asset

Other geography segments

Mexico
$1.35B
Brazil
$1.14B
U.S.
$4M

Other financials

Income statement

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Revenue$8.8B+49.0%
Gross profit$3.9B+39.4%
Operating income$611.0M-19.9%
Net income$417.0M-15.6%
EPS (diluted)$8.23-15.5%

Balance sheet

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Cash & equivalents$15.1B+237%
Total debt$12.5B+59.0%
Total equity$7.3B+45.5%
Total assets$46.9B+69.5%

Cash flow

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Operating cash flow$2.1B+101%
CapEx$271.0M-0.4%
Free cash flow$1.8B+138%

Valuation

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Market cap$96.26B-20.7%
Enterprise value$93.59B-24.3%
P/E50.1×-9.0×
P/S-2.0×

Profitability

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Gross margin43.9%-2.3pp
Operating margin9.6%-3.2pp
Net margin6%-3.2pp
FCF margin37.2%+8.3pp

Returns & leverage

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Return on equity31.3%-17.8pp
Debt / equity1.7×+0.1×
Current ratio1.2×0.0×

Where this comes from

Reported directly by Mercado Libre in its filing.

Tagged under the XBRL concept meli:OperatingLeaseRightOfUseAssetBeforeAccumulatedAmortization.

The source filing: Mercado Libre’s 10-Q, filed May 8, 2026.

Filed
May 8, 2026, 4:03 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001099590-26-000017
Line itemBrazilMexicoArgentinaU.S.Other CountriesTotal
Right of use asset$1,245$1,458$173$4$177$3,057
Accumulated amortization(278)(272)(47)(2)(56)(655)
Total right of use asset, net$967$1,186$126$2$121$2,402

ITEM 1 — UNAUDITED INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS [1](#i84f3433ca70e43aba43b2c42eb8a2df8_16)

FAQ

What is Mercado Libre's argentina — right of use asset?
Mercado Libre (MELI) reported argentina — right of use asset of $173M in Q1 2026.
How has Mercado Libre's argentina — right of use asset changed year-over-year?
Mercado Libre's argentina — right of use asset increased by 121.8% year-over-year, from $78M to $173M.

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