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Business Segments · Operating Lease, Right-of-Use Asset

Mexico — Operating Lease, Right-of-Use Asset

Mercado Libre Mexico — Operating Lease, Right-of-Use Asset increased by 7.4% to $1.19B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 115.6%, from $550M to $1.19B. Over 2 years (FY 2023 to FY 2025), Mexico — Operating Lease, Right-of-Use Asset shows an upward trend with a 64.0% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2022
Last reportedQ1 2026May 8, 2026

How to read this metric

An increase typically signals aggressive expansion of physical infrastructure and logistics capacity, whereas a decrease may indicate a shift toward asset-light models or lease expirations.

Detailed definition

This metric represents the capitalized value of right-of-use assets arising from operating leases for facilities, wareho...

Peer comparison

Comparable to right-of-use asset disclosures under IFRS 16 or ASC 842 for companies with significant leased real estate or logistics footprints.

Metric ID: meli_segment_mexico_operating_lease_right_of_use_asset

Historical Data

14 periods
 Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$245M$262M$295M$330M$380M$376M$335M$421M$500M$550M$766M$988M$1.1B$1.19B
QoQ Change+6.9%+12.6%+11.9%+15.2%-1.1%-10.9%+25.7%+18.8%+10.0%+39.3%+29.0%+11.7%+7.4%
YoY Change+55.1%+43.5%+13.6%+27.6%+31.6%+46.3%+128.7%+134.7%+120.8%+115.6%
Range$245M$1.19B
CAGR+62.5%
Avg YoY Growth+71.7%
Median YoY Growth+50.7%
Current Streak7 quarters growth

Frequently Asked Questions

What is Mercado Libre's mexico — operating lease, right-of-use asset?
Mercado Libre (MELI) reported mexico — operating lease, right-of-use asset of $1.19B in Q1 2026.
How has Mercado Libre's mexico — operating lease, right-of-use asset changed year-over-year?
Mercado Libre's mexico — operating lease, right-of-use asset increased by 115.6% year-over-year, from $550M to $1.19B.
What is the long-term trend for Mercado Libre's mexico — operating lease, right-of-use asset?
Over 2 years (2023 to 2025), Mercado Libre's mexico — operating lease, right-of-use asset has grown at a 64.0% compound annual growth rate (CAGR), from $1.27B to $3.41B.
What does mexico — operating lease, right-of-use asset mean?
The balance sheet value of leased physical assets like warehouses and offices used in a specific region.