Business Segments · Direct Contribution

Brazil — Direct Contribution

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.

Analysis

StatementSegment
CategoryProfitability
SignalHigher is better
VolatilityVolatile
First reportedQ1 2015
Last reportedQ4 2025

How to read 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.

Detailed definition

This metric measures the profitability of the Brazilian segment by subtracting direct costs and expenses from the total...

Peer comparison

Comparable to segment-level operating profit or contribution margin for multinational business units.

Metric ID: meli_segment_brazil_direct_contribution

Historical Data

19 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value230.6M231M64.1M187M253M222M287M318M449M571M494M561M676M505M544M542M541M475M517M
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%
Range64.1M676M
CAGR+19.6%
Avg YoY Growth+54.8%
Median YoY Growth+10.1%

Frequently Asked Questions

What is Mercado Libre's brazil — direct contribution?
Mercado Libre (MELI) reported brazil — direct contribution of $517.00M in Q4 2025.
How has Mercado Libre's brazil — direct contribution changed year-over-year?
Mercado Libre's brazil — direct contribution decreased by 5.0% year-over-year, from $544.00M to $517.00M.
What is the long-term trend for Mercado Libre's brazil — direct contribution?
Over 4 years (2021 to 2025), Mercado Libre's brazil — direct contribution has grown at a 32.3% compound annual growth rate (CAGR), from $676.38M to $2.08B.
What does brazil — direct contribution mean?
The profit generated by the Brazil segment after accounting for direct costs and operating expenses.