Business Segments · Total Costs & Expenses

Brazil — Total Costs & Expenses

Mercado Libre Brazil — Total Costs & Expenses increased by 16.6% to $4.12B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 59.0%, from $2.59B to $4.12B. Over 3 years (FY 2022 to FY 2025), Brazil — Total Costs & Expenses shows an upward trend with a 38.9% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

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

How to read this metric

Rising costs relative to revenue growth suggest margin compression, while stable or declining costs relative to revenue indicate improved operational leverage.

Detailed definition

This metric aggregates all direct costs of revenue and operating expenses incurred within the Brazilian segment. It prov...

Peer comparison

Comparable to total segment operating costs for diversified technology and retail conglomerates.

Metric ID: meli_segment_brazil_costs_and_expenses

Historical Data

16 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$1.22B$1.22B$1.22B$1.22B$1.49B$1.49B$1.49B$1.49B$2.01B$2.11B$2.41B$2.59B$2.54B$2.93B$3.53B$4.12B
QoQ Change+0.0%+0.0%+0.0%+21.7%+0.0%+0.0%+0.0%+34.9%+5.0%+14.1%+7.6%-2.0%+15.4%+20.5%+16.6%
YoY Change+21.7%+21.7%+21.7%+21.7%+34.9%+41.6%+61.6%+74.0%+26.4%+39.0%+46.8%+59.0%
Range$1.22B$4.12B
CAGR+38.2%
Avg YoY Growth+39.2%
Median YoY Growth+36.9%
Current Streak3 quarters growth

Frequently Asked Questions

What is Mercado Libre's brazil — total costs & expenses?
Mercado Libre (MELI) reported brazil — total costs & expenses of $4.12B in Q4 2025.
How has Mercado Libre's brazil — total costs & expenses changed year-over-year?
Mercado Libre's brazil — total costs & expenses increased by 59.0% year-over-year, from $2.59B to $4.12B.
What is the long-term trend for Mercado Libre's brazil — total costs & expenses?
Over 3 years (2022 to 2025), Mercado Libre's brazil — total costs & expenses has grown at a 38.9% compound annual growth rate (CAGR), from $4.90B to $13.13B.
What does brazil — total costs & expenses mean?
The total combined costs and operating expenses for the Brazil segment.