Mexico — Local Operating Expenses
Mercado Libre Mexico — Local Operating Expenses increased by 28.0% to $1.64B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 53.1%, from $1.07B to $1.64B. Over 3 years (FY 2022 to FY 2025), Mexico — Local Operating Expenses shows an upward trend with a 50.6% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
An increase may signal aggressive investment in market share, while a decrease could indicate improved operational efficiency or a strategic reduction in regional activity.
Detailed definition
This metric captures the recurring costs associated with running day-to-day operations in a specific geographic segment,...
Peer comparison
Comparable to regional SG&A or operating expense allocations in global retail or technology companies.
meli_segment_mexico_local_operating_expensesHistorical Data
| 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 | $370.25M | $370.25M | $370.25M | $370.25M | $559.50M | $559.50M | $559.50M | $559.50M | $703.00M | $964.00M | $914.00M | $1.07B | $960.00M | $1.18B | $1.28B | $1.64B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +51.1% | +0.0% | +0.0% | +0.0% | +25.6% | +37.1% | -5.2% | +17.0% | -10.2% | +22.7% | +8.6% | +28.0% |
| YoY Change | — | — | — | — | +51.1% | +51.1% | +51.1% | +51.1% | +25.6% | +72.3% | +63.4% | +91.1% | +36.6% | +22.2% | +39.9% | +53.1% |
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Frequently Asked Questions
- What is Mercado Libre's mexico — local operating expenses?
- Mercado Libre (MELI) reported mexico — local operating expenses of $1.64B in Q4 2025.
- How has Mercado Libre's mexico — local operating expenses changed year-over-year?
- Mercado Libre's mexico — local operating expenses increased by 53.1% year-over-year, from $1.07B to $1.64B.
- What is the long-term trend for Mercado Libre's mexico — local operating expenses?
- Over 3 years (2022 to 2025), Mercado Libre's mexico — local operating expenses has grown at a 50.6% compound annual growth rate (CAGR), from $1.48B to $5.05B.
- What does mexico — local operating expenses mean?
- The total recurring costs required to operate the business within a specific region.