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Mercado Libre MELI Business Segments

FY'25FY'24FY'23FY'22
Net revenues and financial income by Business
Argentina$5.96B+56.2%$3.82B+7.5%$3.55B+37.9%$2.58B+68.2%
Brazil$15.2B+33.3%$11.41B+45.8%$7.82B+34.9%$5.8B+48.3%
Mexico$6.48B+38.8%$4.66B+51.9%$3.07B+62.2%$1.89B+61.5%
Direct Contribution by Business
Argentina$2.48B+48.1%$1.68B-0.3%$1.68B+58.0%$1.06B+99.4%
Brazil$2.08B-9.2%$2.29B+22.8%$1.86B+107%$900M+32.9%
Mexico$1.17B+37.1%$854M+22.0%$700M+123%$314M+852%
Other Countries$176M+50.4%$117M+134%$50M+66.7%$30M-60.5%
Costs and Expenses by Business
Argentina$3.48B+62.4%$2.14B+14.6%$1.87B+23.7%$1.51B
Brazil$13.13B+43.9%$9.12B+53.0%$5.96B+21.7%$4.9B
Mexico$5.3B+39.2%$3.81B+60.7%$2.37B+50.2%$1.58B
Other Countries$1.08B+39.8%$772M+25.5%$615M+27.1%$484M
Local Operating Expenses by Business
Argentina$3.4B+64.2%$2.07B+14.2%$1.81B+23.6%$1.47B
Brazil$12.74B+44.3%$8.83B+54.9%$5.7B+21.4%$4.69B
Mexico$5.05B+38.5%$3.65B+63.1%$2.24B+51.1%$1.48B
Other Countries$1.03B+41.4%$730M+26.5%$577M+27.4%$453M
Depreciation, Depletion and Amortization by Business
Argentina$83M+12.2%$74M+27.6%$58M+26.1%$46M
Brazil$386M+32.2%$292M+11.5%$262M+27.2%$206M
Mexico$250M+56.3%$160M+20.3%$133M+35.7%$98M
Other Countries$47M+11.9%$42M+10.5%$38M+22.6%$31M
Operating Lease, Right-of-Use Asset by Business
Argentina$278M+66.5%$167M-17.3%$202M
Brazil$3.11B+91.3%$1.63B+15.4%$1.41B
Mexico$3.41B+109%$1.63B+28.8%$1.27B
Net revenues and financial income by Product
Credit revenues$5.86B+62.7%$3.6B+41.4%$2.55B+25.2%$2.03B+151%
Services$12.75B+26.5%$10.08B+49.2%$6.75B+41.8%$4.76B+27.0%
Committed contract, minimum annual cost by Product
Air Logistics Services$1.13B
Logistic Services$131M
Intangible Assets, Net (Including Goodwill) by Geography
Argentina$60M+11.1%$54M+5.9%$51M-13.6%$59M+6.6%
Brazil$368M+48.4%$248M-7.1%$267M+4.3%$256M+117%
Mexico$170M+3.7%$164M-6.3%$175M+4.2%$168M+16.3%
Other countries$190M+1.1%$188M-8.7%$206M+154%$81M+4.5%
Operating Lease, Right-of-Use Asset by Geography
Other countries$358M+31.1%$273M-6.5%$292M
U.S.$12M
Goodwill and intangible assets by Geography
Argentina$92M
Brazil$406M
Mexico$189M
Other countries$289M
Right of use asset by Geography
Argentina$441M
Brazil$4B
Mexico$4.17B
Other countries$541M
U.S.$16M
Currency translation adjustments by Geography
Argentina$0$0$0
Chile$2M$0$0+100%
Colombia$1M+200%-$1M
Mexico$5M+171%-$7M
Other countries$0$0$0
Property and equipment by Geography
Argentina$2.02B
Brazil$5.53B
Mexico$4.27B
Other countries$862M
U.S.$40M
Finite-Lived Intangible Assets, Accumulated Amortization by Geography
Argentina$32M
Brazil$38M
Mexico$19M
Other countries$99M
Operating Lease, Right-of-Use-Asset, Accumulated Amortization by Geography
Argentina$163M
Brazil$888M
Mexico$765M
Other countries$183M
U.S.$4M
Goodwill by Geography
Argentina$56M+27.3%$44M+10.0%$40M0.0%$40M-4.3%
Brazil$249M+7.8%$231M-8.3%$252M+4.1%$242M+113%
Chile$136M0.0%$136M-9.9%$151M+4.9%$144M+68.5%
Colombia$21M-4.5%$22M-4.3%$23M0.0%$23M+26.7%
Mexico$169M+3.0%$164M-5.7%$174M+13.0%$154M+18.0%
Other countries$8M0.0%$8M0.0%$8M0.0%$8M+12.0%
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, Accumulated Depreciation and Amortization by Geography
Argentina$919M
Brazil$2.29B
Mexico$1.34B
Other countries$428M
U.S.$29M
Property, Plant, and Equipment and Finance Lease Right-of-Use Asset, after Accumulated Depreciation and Amortization by Geography
Argentina$1.1B+23.3%$892M
Brazil$3.24B+41.0%$2.3B
Mexico$2.94B+86.8%$1.57B
U.S.$11M-8.3%$12M

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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.