What is Mercado Libre's other countries — direct operating costs?

Mercado Libre (MELI) reported other countries — direct operating costs of $191.00M in Q3 2024.

How has Mercado Libre's other countries — direct operating costs changed year-over-year?

Mercado Libre's other countries — direct operating costs increased by 27.3% year-over-year, from $150.00M to $191.00M.

What is the long-term trend for Mercado Libre's other countries — direct operating costs?

Over 2 years (2021 to 2023), Mercado Libre's other countries — direct operating costs has grown at a 25.0% compound annual growth rate (CAGR), from $380.53M to $595.00M.

What does other countries — direct operating costs mean?

The total direct expenses required to operate the company's business activities in its secondary geographic markets.

Discontinued — last reported Q3 '24

Business Segments · Direct Operating Costs

Other Countries — Direct Operating Costs

Mercado Libre Other Countries — Direct Operating Costs decreased by 3.0% to $191.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric grew by 27.3%, from $150.00M to $191.00M. Over 2 years (FY 2021 to FY 2023), Other Countries — Direct Operating Costs shows an upward trend with a 25.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementSegment

CategoryEfficiency

SignalLower is better

VolatilityModerate

First reportedQ1 2015

Last reportedQ3 2024

How to read this metric

An increase may indicate aggressive expansion or rising operational complexity in secondary markets, while a decrease could signal improved cost discipline or a strategic reduction in regional investment.

Detailed definition

This metric represents the total direct operating expenses incurred by the company's secondary geographic segments outsi...

Peer comparison

Peers typically report this as segment-specific operating expenses or cost of revenue, often benchmarked against segment-level revenue growth to determine operating leverage.

Metric ID: meli_segment_other_countries_direct_operating_costs

Historical Data

14 periods

	Q2 '21	Q3 '21	Q4 '21	Q1 '22	Q2 '22	Q3 '22	Q4 '22	Q1 '23	Q2 '23	Q3 '23	Q4 '23	Q1 '24	Q2 '24	Q3 '24
Value	91.3M	91.9M	133.1M	110M	117M	121M	133M	131M	148M	150M	166M	155M	197M	191M
QoQ Change	—	+0.7%	+44.8%	-17.3%	+6.4%	+3.4%	+9.9%	-1.5%	+13.0%	+1.4%	+10.7%	-6.6%	+27.1%	-3.0%
YoY Change	—	—	—	—	+28.2%	+31.7%	-0.1%	+19.1%	+26.5%	+24.0%	+24.8%	+18.3%	+33.1%	+27.3%

Range91.3M – 197M

CAGR+25.5%

Avg YoY Growth+23.3%

Median YoY Growth+25.7%

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Frequently Asked Questions

What is Mercado Libre's other countries — direct operating costs?: Mercado Libre (MELI) reported other countries — direct operating costs of $191.00M in Q3 2024.
How has Mercado Libre's other countries — direct operating costs changed year-over-year?: Mercado Libre's other countries — direct operating costs increased by 27.3% year-over-year, from $150.00M to $191.00M.
What is the long-term trend for Mercado Libre's other countries — direct operating costs?: Over 2 years (2021 to 2023), Mercado Libre's other countries — direct operating costs has grown at a 25.0% compound annual growth rate (CAGR), from $380.53M to $595.00M.
What does other countries — direct operating costs mean?: The total direct expenses required to operate the company's business activities in its secondary geographic markets.