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Mercado Libre MELI Business Segments

TTM Q1 '26TTM Q4 '25TTM Q3 '25TTM Q2 '25TTM Q1 '25
Net revenues and financial income by Business
Argentina$6.28B+5.3%$5.96B+5.4%$5.66B+7.8%$5.25B+14.5%$4.59B+20.1%
Brazil$16.89B+11.1%$15.2B+11.0%$13.7B+8.7%$12.6B+5.8%$11.92B+4.5%
Mexico$7.23B+11.6%$6.48B+13.1%$5.73B+9.7%$5.22B+6.2%$4.92B+5.4%
Net revenues and financial income by Product
Credit revenues$6.72B+14.8%$5.86B+16.0%$5.05B+14.1%$4.43B+11.3%$3.98B+10.4%
Services$13.81B+8.3%$12.75B+7.8%$11.83B+5.9%$11.18B+4.9%$10.65B+5.7%
Intangible Assets, Net (Including Goodwill) by Geography
Argentina$59M-1.7%$60M-1.6%$61M+5.2%$58M+3.6%$56M+3.7%
Brazil$369M+0.3%$368M+9.2%$337M+10.9%$304M+11.8%$272M+9.7%
Mexico$173M+1.8%$170M+3.0%$165M+2.5%$161M+0.6%$160M-2.4%
Other countries$191M+0.5%$190M0.0%$190M-1.0%$192M+1.1%$190M+1.1%

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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.