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) Operating margin

Alert me on Operating margin

DLocal Limited's operating margin over the twelve months to 30 June 2026 was 17.4%, down 2.8 percentage points from fiscal 2025 (20.1%). Over the past ten years it has ranged from 18.8% (fiscal 2024) to 34.3% (fiscal 2021); the current reading is higher than 29% of that period. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 0.31%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 20.1% 1.28
FY2024 18.8% (8.79)
FY2023 27.6% (2.91)
FY2022 30.5% (3.81)
FY2021 34.3% 4.63
FY2020 29.7% (2.06)
FY2019 31.8% —

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 16.1% 0.34
Mar 2026 15.7% (2.85)
Dec 2025 18.6% (1.12)
Sep 2025 19.7% (2.06)
20 more quarters

Against its own ten years

Low 18.8% High 34.3%
Ten-year median 29.7%
Current reading's percentile 5

Operating margin against peers

Company Operating margin
DLO DLocal Limited 17.4%
AVPT AvePoint, Inc. compare 9.78%
PAY Paymentus Holdings, Inc. compare 8.21%
FOUR Shift4 Payments, Inc. compare 8.11%
TDC Teradata Corporation compare 7.51%
APPN Appian Corporation compare 1.28%
BLSH Bullish compare −0.78%
WIX Wix.com Ltd. compare −9.77%
CORZ Core Scientific, Inc. compare −127.5%
Software Infrastructure industry median 0.00%
Technology sector median 0.31%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

More on DLO