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Mercado Libre MELI Other Countries — Direct Contribution

Other segment segments

Argentina
$607M-6.3%
Brazil
$389M-28.2%
Mexico
$344M+58.5%

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Other financials

Income statement

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Revenue$8.8B+49.0%
Gross profit$3.9B+39.4%
Operating income$611.0M-19.9%
Net income$417.0M-15.6%
EPS (diluted)$8.23-15.5%

Balance sheet

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Cash & equivalents$15.1B+237%
Total debt$12.5B+59.0%
Total equity$7.3B+45.5%
Total assets$46.9B+69.6%

Cash flow

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Operating cash flow$2.1B+101%
CapEx$271.0M-0.4%
Free cash flow$1.8B+138%

Valuation

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Market cap$82.73B-11.4%
Enterprise value$80.05B-16.9%
P/E43.1×-2.2×
P/S2.6×-1.6×

Profitability

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Gross margin43.9%-2.3pp
Operating margin9.6%-3.2pp
Net margin6%-3.2pp

Returns & leverage

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Return on equity31.3%-17.8pp
Debt / equity1.7×+0.1×
Current ratio1.2×0.0×

Where this comes from

Reported directly by Mercado Libre in its filing.

Tagged under the XBRL concept meli:DirectContribution.

The official record: Mercado Libre’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Mercado Libre's other countries — direct contribution?
Mercado Libre (MELI) reported other countries — direct contribution of $64M in Q1 2026.
How has Mercado Libre's other countries — direct contribution changed year-over-year?
Mercado Libre's other countries — direct contribution increased by 42.2% year-over-year, from $45M to $64M.
What is the long-term trend for Mercado Libre's other countries — direct contribution?
Over 4 years (2021 to 2025), Mercado Libre's other countries — direct contribution has grown at a 23.4% compound annual growth rate (CAGR), from $76M to $176M.
What does other countries — direct contribution mean?
The profit earned from the company's secondary geographic markets after accounting for direct operating costs.
How do you interpret other countries — direct contribution?
An increase signals improved regional profitability and successful market maturity, while a decrease indicates potential headwinds or increased competitive pressure.
How does other countries — direct contribution compare across companies?
Comparable to segment-level operating income or contribution margin metrics used by diversified multinational corporations.