Mercado Libre Brazil — Direct Contribution increased by 8.8% to $517.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.0%, from $544.00M to $517.00M. Over 4 years (FY 2021 to FY 2025), Brazil — Direct Contribution shows an upward trend with a 32.3% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
An increase signals strong unit economics and effective regional management, while a decrease indicates potential challenges in pricing power or rising operational costs.
This metric measures the profitability of the Brazilian segment by subtracting direct costs and expenses from the total...
Comparable to segment-level operating profit or contribution margin for multinational business units.
meli_segment_brazil_direct_contribution| 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 | 230.6M | 231M | 64.1M | 187M | 253M | 222M | 287M | 318M | 449M | 571M | 494M | 561M | 676M | 505M | 544M | 542M | 541M | 475M | 517M |
| QoQ Change | — | +0.1% | -72.2% | +191.7% | +35.3% | -12.3% | +29.3% | +10.8% | +41.2% | +27.2% | -13.5% | +13.6% | +20.5% | -25.3% | +7.7% | -0.4% | -0.2% | -12.2% | +8.8% |
| YoY Change | — | — | — | — | +9.7% | -3.9% | +347.7% | +70.1% | +77.5% | +157.2% | +72.1% | +76.4% | +50.6% | -11.6% | +10.1% | -3.4% | -20.0% | -5.9% | -5.0% |