DLocal Limited

DLO Technology Software Infrastructure

DLocal Limited’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, up 46.6% from fiscal 2024.

Revenue
+55.8%
EPS
+26.7%
Free cash flow
+12.6%
Total debt
−39.7%

Quarter to June 2026, against a year earlier

13.20 0.04 −0.30%
Market cap
$3.7B
P/E
18.9×
Fwd P/E
15.9×
Dividend yield
1.49%
F-score
6/9
Altman Z
4.56
Beneish M
−2.91
Dividend safety
57/100

DLocal Limited (DLO) Gross margin

Alert me on Gross margin

DLocal Limited's gross margin over the twelve months to 30 June 2026 was 34.3%, down 2.6 percentage points from fiscal 2025 (36.8%). Over the past ten years it has ranged from 36.8% (fiscal 2025) to 64.9% (fiscal 2019) — the current reading is the lowest in ten years. That is below the Software Infrastructure industry median of 59.2% and below the Technology sector median of 47.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 36.8% (2.67)
FY2024 39.5% (3.07)
FY2023 42.6% (5.69)
FY2022 48.3% (5.17)
FY2021 53.4% (4.26)
FY2020 57.7% (7.20)
FY2019 64.9% —

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 31.8% (3.53)
Mar 2026 35.3% 1.07
Dec 2025 34.3% (2.26)
Sep 2025 36.5% (2.03)
20 more quarters

Against its own ten years

Low 36.8% High 64.9%
Ten-year median 48.3%
Current reading's percentile 5

Gross margin against peers

Company Gross margin
AVPT AvePoint, Inc. compare 73.5%
APPN Appian Corporation compare 72.4%
WIX Wix.com Ltd. compare 66.6%
TDC Teradata Corporation compare 60.8%
FOUR Shift4 Payments, Inc. compare 35.9%
DLO DLocal Limited 34.3%
CORZ Core Scientific, Inc. compare 28.4%
PAY Paymentus Holdings, Inc. compare 25.2%
BLSH Bullish compare 0.16%
Software Infrastructure industry median 59.2%
Technology sector median 47.1%
Market median 46.4%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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