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Non-Current Assets

Operating Lease ROU Assets

Mercado Libre Operating Lease ROU Assets increased by 9.1% to $2.4B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 90.3%, from $1.26B to $2.4B. Over 5 years (FY 2020 to FY 2025), Operating Lease ROU Assets shows an upward trend with a 48.7% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryLeverage
SignalContext dependent
VolatilityStable
First reportedQ4 2018
Last reportedQ1 2026May 8, 2026

How to read this metric

An increase indicates an expansion of the leased footprint, while a decrease suggests a reduction in leased space or the expiration of long-term lease contracts.

Detailed definition

This represents the capitalized value of the right to use leased assets, such as warehouses or office space, over the le...

Peer comparison

Standard under IFRS 16/ASC 842 accounting; comparable across all companies that lease significant real estate or equipment.

Metric ID: non_current_assets_operating_lease_right_of_use_asset

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$396.25M$389.81M$461M$542M$525M$587M$656M$697M$779M$796M$899M$872M$775M$968M$1.1B$1.26B$1.66B$2.04B$2.2B$2.4B
QoQ Change-1.6%+18.3%+17.6%-3.1%+11.8%+11.8%+6.3%+11.8%+2.2%+12.9%-3.0%-11.1%+24.9%+13.4%+14.9%+31.9%+22.7%+7.8%+9.1%
YoY Change+32.5%+50.6%+42.3%+28.6%+48.4%+35.6%+37.0%+25.1%-0.5%+21.6%+22.1%+44.7%+114.7%+111.0%+100.5%+90.3%
Range$389.81M$2.4B
CAGR+46.1%
Avg YoY Growth+50.3%
Median YoY Growth+39.7%
Current Streak7 quarters growth

Business Segments

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Mexico$335M$421M$500M$550M$766M$988M$1.1B$1.19B
Brazil$330M$437M$479M$593M$782M$860M$878M$967M
Argentina$43M$38M$40M$40M$37M$92M$109M$126M
All Other Countries$771M$964M
Total$775M$968M$1.1B$1.26B$1.66B$2.04B$2.2B$2.4B

All Other Countries was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown — U.S.

View all
SegmentQ4 '25
U.S.$3M
Total$2.2B

Geographic Breakdown — Other countries

View all
SegmentQ2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other countries$63M$68M$76M$76M$76M$99M$107M$121M
Total$775M$968M$1.1B$1.26B$1.66B$2.04B$2.2B$2.4B

Frequently Asked Questions

What is Mercado Libre's operating lease rou assets?
Mercado Libre (MELI) reported operating lease rou assets of $2.4B in Q1 2026.
How has Mercado Libre's operating lease rou assets changed year-over-year?
Mercado Libre's operating lease rou assets increased by 90.3% year-over-year, from $1.26B to $2.4B.
What is the long-term trend for Mercado Libre's operating lease rou assets?
Over 5 years (2020 to 2025), Mercado Libre's operating lease rou assets has grown at a 48.7% compound annual growth rate (CAGR), from $303.21M to $2.2B.
What does operating lease rou assets mean?
The value of the company's right to use leased property over the duration of the lease agreements.