Mercado Libre MELI Business Segments
| Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | ||
|---|---|---|---|---|---|---|
| Net revenues and financial income by Business | ||||||
| Argentina | $1.7B+22.9% | $1.61B+23.3% | $1.44B+39.5% | $1.53B+76.9% | $1.38B+125% | |
| Brazil | $4.77B+54.9% | $4.64B+47.9% | $4.01B+37.6% | $3.47B+24.7% | $3.08B+19.9% | |
| Mexico | $1.98B+61.7% | $2.1B+55.6% | $1.65B+44.2% | $1.51B+25.4% | $1.22B+25.8% | |
| Net revenues and financial income by Product | ||||||
| Credit revenues | $2.01B+75.6% | $1.85B+77.1% | $1.54B+68.7% | $1.33B+51.5% | $1.15B+48.8% | |
| Product Sales | $1.11B+84.7% | —— | $916M+70.3% | $811M+73.3% | $602M+63.6% | |
| Services | $3.76B+39.1% | $3.76B+32.3% | $3.26B+25.3% | $3.03B+21.0% | $2.7B+26.9% | |
| Intangible Assets, Net (Including Goodwill) by Geography | ||||||
| Argentina | $14M-6.7% | $15M-6.3% | $15M+25.0% | $15M+15.4% | $15M+15.4% | |
| Brazil | $92M+1.1% | $89M+53.4% | $95M+53.2% | $93M+52.5% | $91M+35.8% | |
| Mexico | $44M+7.3% | $44M+12.8% | $43M+10.3% | $42M+2.4% | $41M-8.9% | |
| Other countries | $48M+2.1% | $48M0.0% | $46M-4.2% | $49M+4.3% | $47M+4.4% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- 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.
