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Side-by-side financial comparison of dLocal Ltd (DLO) and Eastern Bankshares, Inc. (EBC). Click either name above to swap in a different company.
dLocal Ltd is the larger business by last-quarter revenue ($337.9M vs $295.9M, roughly 1.1× Eastern Bankshares, Inc.). Eastern Bankshares, Inc. runs the higher net margin — 22.1% vs 16.5%, a 5.6% gap on every dollar of revenue. On growth, Eastern Bankshares, Inc. posted the faster year-over-year revenue change (710.6% vs 65.2%).
dLocal Limited is a Uruguayan financial technology company. It provides cross-border payments connecting global merchants to emerging markets.
Eastern Bank is a bank based in Boston, Massachusetts. Before de-mutualizing in 2020, it was the oldest and largest mutual bank in the United States and the largest community bank in Massachusetts.
DLO vs EBC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $337.9M | $295.9M |
| Net Profit | $55.6M | $65.3M |
| Gross Margin | 34.3% | — |
| Operating Margin | 18.6% | — |
| Net Margin | 16.5% | 22.1% |
| Revenue YoY | 65.2% | 710.6% |
| Net Profit YoY | 87.3% | -34.4% |
| EPS (diluted) | $0.18 | $0.29 |
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.
| Q1 26 | — | $295.9M | ||
| Q4 25 | $337.9M | $37.5M | ||
| Q3 25 | $282.5M | $241.5M | ||
| Q2 25 | — | $244.9M | ||
| Q1 25 | — | $31.1M | ||
| Q4 24 | $204.5M | $216.5M | ||
| Q3 24 | $185.8M | $203.4M | ||
| Q2 24 | — | $154.0M |
| Q1 26 | — | $65.3M | ||
| Q4 25 | $55.6M | $99.5M | ||
| Q3 25 | $141.3M | $106.1M | ||
| Q2 25 | — | $100.2M | ||
| Q1 25 | — | $-217.7M | ||
| Q4 24 | $29.7M | $60.8M | ||
| Q3 24 | $90.8M | $-6.2M | ||
| Q2 24 | — | $26.3M |
| Q1 26 | — | — | ||
| Q4 25 | 34.3% | — | ||
| Q3 25 | 36.5% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 40.9% | — | ||
| Q3 24 | 42.1% | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | 18.6% | — | ||
| Q3 25 | 19.7% | 38.9% | ||
| Q2 25 | — | 41.0% | ||
| Q1 25 | — | -590.9% | ||
| Q4 24 | 20.7% | 33.3% | ||
| Q3 24 | 22.1% | -1.6% | ||
| Q2 24 | — | 24.7% |
| Q1 26 | — | 22.1% | ||
| Q4 25 | 16.5% | 265.6% | ||
| Q3 25 | 50.0% | 44.0% | ||
| Q2 25 | — | 40.9% | ||
| Q1 25 | — | -699.2% | ||
| Q4 24 | 14.5% | 28.1% | ||
| Q3 24 | 48.9% | -3.0% | ||
| Q2 24 | — | 17.1% |
| Q1 26 | — | $0.29 | ||
| Q4 25 | $0.18 | $0.48 | ||
| Q3 25 | $0.17 | $0.53 | ||
| Q2 25 | — | $0.50 | ||
| Q1 25 | — | $-1.08 | ||
| Q4 24 | $0.09 | $0.29 | ||
| Q3 24 | $0.09 | $-0.03 | ||
| Q2 24 | — | $0.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $719.9M | $551.7M |
| Total DebtLower is stronger | $86.7M | — |
| Stockholders' EquityBook value | $569.4M | $4.3B |
| Total Assets | $1.5B | $30.6B |
| Debt / EquityLower = less leverage | 0.15× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $551.7M | ||
| Q4 25 | $719.9M | $507.6M | ||
| Q3 25 | $604.5M | $703.4M | ||
| Q2 25 | — | $948.3M | ||
| Q1 25 | — | $609.0M | ||
| Q4 24 | $425.2M | $1.9B | ||
| Q3 24 | $560.5M | $1.7B | ||
| Q2 24 | — | $1.4B |
| Q1 26 | — | — | ||
| Q4 25 | $86.7M | — | ||
| Q3 25 | $63.1M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $39.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $4.3B | ||
| Q4 25 | $569.4M | $4.3B | ||
| Q3 25 | $504.7M | $3.8B | ||
| Q2 25 | — | $3.7B | ||
| Q1 25 | — | $3.6B | ||
| Q4 24 | $489.0M | $3.6B | ||
| Q3 24 | $457.0M | $3.7B | ||
| Q2 24 | — | $3.0B |
| Q1 26 | — | $30.6B | ||
| Q4 25 | $1.5B | $30.6B | ||
| Q3 25 | $1.4B | $25.5B | ||
| Q2 25 | — | $25.5B | ||
| Q1 25 | — | $25.0B | ||
| Q4 24 | $1.2B | $25.6B | ||
| Q3 24 | — | $25.5B | ||
| Q2 24 | — | $21.0B |
| Q1 26 | — | — | ||
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.12× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.08× | — | ||
| Q3 24 | — | — | ||
| Q2 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 | $100.4M | — |
| Free Cash FlowOCF − Capex | $99.8M | — |
| FCF MarginFCF / Revenue | 29.5% | — |
| Capex IntensityCapex / Revenue | 0.2% | — |
| Cash ConversionOCF / Net Profit | 1.80× | — |
| TTM Free Cash FlowTrailing 4 quarters | $378.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $100.4M | $432.4M | ||
| Q3 25 | $315.0M | $157.1M | ||
| Q2 25 | — | $123.9M | ||
| Q1 25 | — | $47.3M | ||
| Q4 24 | $-141.1M | $283.8M | ||
| Q3 24 | $108.3M | $108.3M | ||
| Q2 24 | — | $54.3M |
| Q1 26 | — | — | ||
| Q4 25 | $99.8M | — | ||
| Q3 25 | $313.4M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $-141.6M | — | ||
| Q3 24 | $107.1M | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | 29.5% | — | ||
| Q3 25 | 110.9% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | -69.2% | — | ||
| Q3 24 | 57.6% | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | — | ||
| Q3 25 | 0.6% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.2% | — | ||
| Q3 24 | 0.7% | — | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | 1.80× | 4.35× | ||
| Q3 25 | 2.23× | 1.48× | ||
| Q2 25 | — | 1.24× | ||
| Q1 25 | — | — | ||
| Q4 24 | -4.75× | 4.67× | ||
| Q3 24 | 1.19× | — | ||
| Q2 24 | — | 2.06× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
