dLocal LtdDLOEarnings & Financial Report
Nasdaq · fintech
dLocal Limited is a Uruguayan financial technology company. It provides cross-border payments connecting global merchants to emerging markets.
DLO Q4 2025 Key Financial Metrics
Revenue
$337.9M
Gross Profit
$115.8M
Operating Profit
$62.7M
Net Profit
$55.6M
Gross Margin
34.3%
Operating Margin
18.6%
Net Margin
16.5%
YoY Growth
65.2%
EPS
$0.18
Financial Flow
dLocal Ltd Q4 2025 Financial Summary
dLocal Ltd reported revenue of $337.9M (up 65.2% YoY) for Q4 2025, with a net profit of $55.6M (up 87.3% YoY) (16.5% margin). Cost of goods sold was $222.1M, operating expenses totaled $53.1M.
Key Financial Metrics
| Total Revenue | $337.9M |
|---|---|
| Net Profit | $55.6M |
| Gross Margin | 34.3% |
| Operating Margin | 18.6% |
| Report Period | Q4 2025 |
dLocal Ltd Quarterly Revenue & Net Profit History
dLocal Ltd results over the last 4 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 2025 | $337.9M | +65.2% | $55.6M | 16.5% |
| Q3 2025 | $282.5M | +52.1% | $141.3M | 50.0% |
| Q4 2024 | $204.5M | — | $29.7M | 14.5% |
| Q3 2024 | $185.8M | — | $90.8M | 48.9% |
Income Statement
| Q3 2024 | Q4 2024 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|
| Revenue | $185.8M | $204.5M | $282.5M | $337.9M |
| YoY Growth | N/A | N/A | 52.1% | 65.2% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|
| Assets | N/A | $1.17B | $1.41B | $1.54B |
| Liabilities | N/A | $682.3M | $904.1M | $971.5M |
| Equity | $457.0M | $489.0M | $504.7M | $569.4M |
Cash Flow
| Q3 2024 | Q4 2024 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|
| Operating CF | $108.3M | $-141.1M | $315.0M | $100.4M |