Mercado Libre Mexico — Total Costs & Expenses increased by 27.4% to $1.72B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 55.5%, from $1.10B to $1.72B. Over 3 years (FY 2022 to FY 2025), Mexico — Total Costs & Expenses shows an upward trend with a 49.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
An increase relative to revenue suggests margin compression, while a decrease relative to revenue indicates improved regional profitability and operational leverage.
This metric aggregates all direct costs and operating expenses incurred to support the business activities within a spec...
Comparable to total regional operating costs reported by diversified multinational corporations.
meli_segment_mexico_costs_and_expenses| 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 | $394.75M | $394.75M | $394.75M | $394.75M | $592.75M | $592.75M | $592.75M | $592.75M | $747.00M | $1.01B | $953.00M | $1.10B | $1.01B | $1.24B | $1.35B | $1.72B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +50.2% | +0.0% | +0.0% | +0.0% | +26.0% | +34.8% | -5.4% | +15.7% | -8.9% | +23.2% | +8.7% | +27.4% |
| YoY Change | — | — | — | — | +50.2% | +50.2% | +50.2% | +50.2% | +26.0% | +69.9% | +60.8% | +86.1% | +34.5% | +22.9% | +41.2% | +55.5% |