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Side-by-side financial comparison of CORCEPT THERAPEUTICS INC (CORT) and dLocal Ltd (DLO). Click either name above to swap in a different company.
dLocal Ltd is the larger business by last-quarter revenue ($337.9M vs $202.1M, roughly 1.7× CORCEPT THERAPEUTICS INC). dLocal Ltd runs the higher net margin — 16.5% vs 12.0%, a 4.4% gap on every dollar of revenue. On growth, dLocal Ltd posted the faster year-over-year revenue change (65.2% vs 11.1%). dLocal Ltd produced more free cash flow last quarter ($99.8M vs $38.4M).
Corcept Therapeutics Inc. is a pharmaceutical company engaged in the discovery, development and commercialization of drugs for the treatment of severe metabolic, psychiatric and oncologic disorders. Corcept has focused on the adverse effects of excess cortisol, studying new compounds that may mitigate those effects. Its executive team is headed by CEO, president and director Joseph K. Belanoff, MD.
dLocal Limited is a Uruguayan financial technology company. It provides cross-border payments connecting global merchants to emerging markets.
CORT vs DLO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $202.1M | $337.9M |
| Net Profit | $24.3M | $55.6M |
| Gross Margin | 98.7% | 34.3% |
| Operating Margin | 2.2% | 18.6% |
| Net Margin | 12.0% | 16.5% |
| Revenue YoY | 11.1% | 65.2% |
| Net Profit YoY | -21.0% | 87.3% |
| EPS (diluted) | $0.20 | $0.18 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $202.1M | $337.9M | ||
| Q3 25 | $207.6M | $282.5M | ||
| Q2 25 | $194.4M | — | ||
| Q1 25 | $157.2M | — | ||
| Q4 24 | $181.9M | $204.5M | ||
| Q3 24 | $182.5M | $185.8M | ||
| Q2 24 | $163.8M | — | ||
| Q1 24 | $146.8M | — |
| Q4 25 | $24.3M | $55.6M | ||
| Q3 25 | $19.7M | $141.3M | ||
| Q2 25 | $35.1M | — | ||
| Q1 25 | $20.5M | — | ||
| Q4 24 | $30.7M | $29.7M | ||
| Q3 24 | $47.2M | $90.8M | ||
| Q2 24 | $35.5M | — | ||
| Q1 24 | $27.8M | — |
| Q4 25 | 98.7% | 34.3% | ||
| Q3 25 | 97.8% | 36.5% | ||
| Q2 25 | 98.2% | — | ||
| Q1 25 | 98.5% | — | ||
| Q4 24 | 98.4% | 40.9% | ||
| Q3 24 | 98.4% | 42.1% | ||
| Q2 24 | 98.5% | — | ||
| Q1 24 | 98.3% | — |
| Q4 25 | 2.2% | 18.6% | ||
| Q3 25 | 4.9% | 19.7% | ||
| Q2 25 | 13.7% | — | ||
| Q1 25 | 2.2% | — | ||
| Q4 24 | 13.9% | 20.7% | ||
| Q3 24 | 25.5% | 22.1% | ||
| Q2 24 | 21.7% | — | ||
| Q1 24 | 20.1% | — |
| Q4 25 | 12.0% | 16.5% | ||
| Q3 25 | 9.5% | 50.0% | ||
| Q2 25 | 18.1% | — | ||
| Q1 25 | 13.1% | — | ||
| Q4 24 | 16.9% | 14.5% | ||
| Q3 24 | 25.9% | 48.9% | ||
| Q2 24 | 21.7% | — | ||
| Q1 24 | 18.9% | — |
| Q4 25 | $0.20 | $0.18 | ||
| Q3 25 | $0.16 | $0.17 | ||
| Q2 25 | $0.29 | — | ||
| Q1 25 | $0.17 | — | ||
| Q4 24 | $0.25 | $0.09 | ||
| Q3 24 | $0.41 | $0.09 | ||
| Q2 24 | $0.32 | — | ||
| Q1 24 | $0.25 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $372.2M | $719.9M |
| Total DebtLower is stronger | — | $86.7M |
| Stockholders' EquityBook value | $647.8M | $569.4M |
| Total Assets | $836.7M | $1.5B |
| Debt / EquityLower = less leverage | — | 0.15× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $372.2M | $719.9M | ||
| Q3 25 | $421.7M | $604.5M | ||
| Q2 25 | $342.2M | — | ||
| Q1 25 | $322.8M | — | ||
| Q4 24 | $383.3M | $425.2M | ||
| Q3 24 | $380.3M | $560.5M | ||
| Q2 24 | $473.2M | — | ||
| Q1 24 | $410.8M | — |
| Q4 25 | — | $86.7M | ||
| Q3 25 | — | $63.1M | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $39.8M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $647.8M | $569.4M | ||
| Q3 25 | $631.9M | $504.7M | ||
| Q2 25 | $635.8M | — | ||
| Q1 25 | $683.3M | — | ||
| Q4 24 | $679.6M | $489.0M | ||
| Q3 24 | $638.8M | $457.0M | ||
| Q2 24 | $596.2M | — | ||
| Q1 24 | $547.9M | — |
| Q4 25 | $836.7M | $1.5B | ||
| Q3 25 | $823.6M | $1.4B | ||
| Q2 25 | $801.7M | — | ||
| Q1 25 | $846.5M | — | ||
| Q4 24 | $840.6M | $1.2B | ||
| Q3 24 | $784.3M | — | ||
| Q2 24 | $714.6M | — | ||
| Q1 24 | $655.9M | — |
| Q4 25 | — | 0.15× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.08× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $38.4M | $100.4M |
| Free Cash FlowOCF − Capex | $38.4M | $99.8M |
| FCF MarginFCF / Revenue | 19.0% | 29.5% |
| Capex IntensityCapex / Revenue | 0.0% | 0.2% |
| Cash ConversionOCF / Net Profit | 1.58× | 1.80× |
| TTM Free Cash FlowTrailing 4 quarters | — | $378.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $38.4M | $100.4M | ||
| Q3 25 | $54.5M | $315.0M | ||
| Q2 25 | $43.9M | — | ||
| Q1 25 | $5.1M | — | ||
| Q4 24 | $59.3M | $-141.1M | ||
| Q3 24 | $73.8M | $108.3M | ||
| Q2 24 | $41.2M | — | ||
| Q1 24 | $23.8M | — |
| Q4 25 | $38.4M | $99.8M | ||
| Q3 25 | — | $313.4M | ||
| Q2 25 | $43.9M | — | ||
| Q1 25 | $5.0M | — | ||
| Q4 24 | $59.2M | $-141.6M | ||
| Q3 24 | $72.2M | $107.1M | ||
| Q2 24 | $40.8M | — | ||
| Q1 24 | — | — |
| Q4 25 | 19.0% | 29.5% | ||
| Q3 25 | — | 110.9% | ||
| Q2 25 | 22.6% | — | ||
| Q1 25 | 3.2% | — | ||
| Q4 24 | 32.5% | -69.2% | ||
| Q3 24 | 39.5% | 57.6% | ||
| Q2 24 | 24.9% | — | ||
| Q1 24 | — | — |
| Q4 25 | 0.0% | 0.2% | ||
| Q3 25 | 0.0% | 0.6% | ||
| Q2 25 | 0.0% | — | ||
| Q1 25 | 0.1% | — | ||
| Q4 24 | 0.1% | 0.2% | ||
| Q3 24 | 0.9% | 0.7% | ||
| Q2 24 | 0.3% | — | ||
| Q1 24 | 0.0% | — |
| Q4 25 | 1.58× | 1.80× | ||
| Q3 25 | 2.77× | 2.23× | ||
| Q2 25 | 1.25× | — | ||
| Q1 25 | 0.25× | — | ||
| Q4 24 | 1.93× | -4.75× | ||
| Q3 24 | 1.56× | 1.19× | ||
| Q2 24 | 1.16× | — | ||
| Q1 24 | 0.86× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
