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Mercado Libre MELI Business Segments

Q2 '26Q1 '26Q4 '25Q3 '25Q2 '25
Net revenues and financial income by Business
Argentina$1.84B+20.4%$1.7B+22.9%$1.61B+23.3%$1.44B+39.5%$1.53B+76.9%
Brazil$5.53B+59.2%$4.77B+54.9%$4.64B+47.9%$4.01B+37.6%$3.47B+24.7%
Mexico$2.34B+55.2%$1.98B+61.7%$2.1B+55.6%$1.65B+44.2%$1.51B+25.4%
Net revenues and financial income by Product
Credit revenues$2.28B+71.8%$2.01B+75.6%$1.85B+77.1%$1.54B+68.7%$1.33B+51.5%
Product Sales$1.46B+80.1%$1.11B+84.7%$916M+70.3%$811M+73.3%
Services$4.3B+42.0%$3.76B+39.1%$3.76B+32.3%$3.26B+25.3%$3.03B+21.0%
Operating Lease, Right-of-Use-Asset, Accumulated Amortization by Geography
Argentina$51M+27.5%$47M+23.7%$44M+22.2%$41M$40M
Brazil$318M+44.5%$278M+58.9%$262M+88.5%$231M$220M
Mexico$315M+80.0%$272M+92.9%$243M+109%$206M$175M
Other countries$63M+53.7%$56M+27.3%$52M+33.3%$46M$41M
U.S.$2M+100%$2M+100%$1M0.0%$1M$1M

FAQ

How does Mercado Libre break its business down?
Mercado Libre (MELI) reports net revenues and financial income by business across 3 parts — Argentina, Brazil and Mexico. Each is extracted from the segment footnotes and tracked over time.
Where does Mercado Libre's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Mercado Libre's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.