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Side-by-side financial comparison of dLocal Ltd (DLO) and IDACORP INC (IDA). Click either name above to swap in a different company.

IDACORP INC is the larger business by last-quarter revenue ($360.1M vs $337.9M, roughly 1.1× dLocal Ltd). dLocal Ltd runs the higher net margin — 16.5% vs 12.1%, a 4.4% gap on every dollar of revenue. On growth, dLocal Ltd posted the faster year-over-year revenue change (65.2% vs -4.2%). dLocal Ltd produced more free cash flow last quarter ($99.8M vs $-216.2M).

dLocal Limited is a Uruguayan financial technology company. It provides cross-border payments connecting global merchants to emerging markets.

IDACORP, Inc is an electricity holding company, incorporated in Idaho with headquarters in Boise. It comprises Idaho Power Company, IDACORP Financial and Ida-West Energy. It was formed on October 1, 1998.

DLO vs IDA — Head-to-Head

Bigger by revenue
IDA
IDA
1.1× larger
IDA
$360.1M
$337.9M
DLO
Growing faster (revenue YoY)
DLO
DLO
+69.4% gap
DLO
65.2%
-4.2%
IDA
Higher net margin
DLO
DLO
4.4% more per $
DLO
16.5%
12.1%
IDA
More free cash flow
DLO
DLO
$316.0M more FCF
DLO
$99.8M
$-216.2M
IDA

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
DLO
DLO
IDA
IDA
Revenue
$337.9M
$360.1M
Net Profit
$55.6M
$43.6M
Gross Margin
34.3%
Operating Margin
18.6%
14.9%
Net Margin
16.5%
12.1%
Revenue YoY
65.2%
-4.2%
Net Profit YoY
87.3%
15.1%
EPS (diluted)
$0.18
$0.78

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.

Revenue
DLO
DLO
IDA
IDA
Q4 25
$337.9M
$360.1M
Q3 25
$282.5M
$526.4M
Q2 25
$449.3M
Q1 25
$411.1M
Q4 24
$204.5M
$375.9M
Q3 24
$185.8M
$532.5M
Q2 24
$442.6M
Q1 24
$417.9M
Net Profit
DLO
DLO
IDA
IDA
Q4 25
$55.6M
$43.6M
Q3 25
$141.3M
$124.4M
Q2 25
$95.8M
Q1 25
$59.6M
Q4 24
$29.7M
$37.9M
Q3 24
$90.8M
$113.6M
Q2 24
$89.5M
Q1 24
$48.2M
Gross Margin
DLO
DLO
IDA
IDA
Q4 25
34.3%
Q3 25
36.5%
Q2 25
Q1 25
Q4 24
40.9%
Q3 24
42.1%
Q2 24
Q1 24
Operating Margin
DLO
DLO
IDA
IDA
Q4 25
18.6%
14.9%
Q3 25
19.7%
27.5%
Q2 25
22.4%
Q1 25
13.4%
Q4 24
20.7%
11.0%
Q3 24
22.1%
25.1%
Q2 24
23.3%
Q1 24
11.9%
Net Margin
DLO
DLO
IDA
IDA
Q4 25
16.5%
12.1%
Q3 25
50.0%
23.6%
Q2 25
21.3%
Q1 25
14.5%
Q4 24
14.5%
10.1%
Q3 24
48.9%
21.3%
Q2 24
20.2%
Q1 24
11.5%
EPS (diluted)
DLO
DLO
IDA
IDA
Q4 25
$0.18
$0.78
Q3 25
$0.17
$2.26
Q2 25
$1.76
Q1 25
$1.10
Q4 24
$0.09
$0.72
Q3 24
$0.09
$2.12
Q2 24
$1.71
Q1 24
$0.95

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
DLO
DLO
IDA
IDA
Cash + ST InvestmentsLiquidity on hand
$719.9M
$215.7M
Total DebtLower is stronger
$86.7M
$3.3B
Stockholders' EquityBook value
$569.4M
$3.6B
Total Assets
$1.5B
$10.2B
Debt / EquityLower = less leverage
0.15×
0.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLO
DLO
IDA
IDA
Q4 25
$719.9M
$215.7M
Q3 25
$604.5M
$333.2M
Q2 25
$474.5M
Q1 25
$634.5M
Q4 24
$425.2M
$368.9M
Q3 24
$560.5M
$427.9M
Q2 24
$169.6M
Q1 24
$157.6M
Total Debt
DLO
DLO
IDA
IDA
Q4 25
$86.7M
$3.3B
Q3 25
$63.1M
Q2 25
Q1 25
Q4 24
$39.8M
$3.1B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DLO
DLO
IDA
IDA
Q4 25
$569.4M
$3.6B
Q3 25
$504.7M
$3.5B
Q2 25
$3.4B
Q1 25
$3.3B
Q4 24
$489.0M
$3.3B
Q3 24
$457.0M
$3.3B
Q2 24
$3.2B
Q1 24
$2.9B
Total Assets
DLO
DLO
IDA
IDA
Q4 25
$1.5B
$10.2B
Q3 25
$1.4B
$10.1B
Q2 25
$9.9B
Q1 25
$9.6B
Q4 24
$1.2B
$9.2B
Q3 24
$9.1B
Q2 24
$8.7B
Q1 24
$8.3B
Debt / Equity
DLO
DLO
IDA
IDA
Q4 25
0.15×
0.93×
Q3 25
0.12×
Q2 25
Q1 25
Q4 24
0.08×
0.92×
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
DLO
DLO
IDA
IDA
Operating Cash FlowLast quarter
$100.4M
$137.8M
Free Cash FlowOCF − Capex
$99.8M
$-216.2M
FCF MarginFCF / Revenue
29.5%
-60.0%
Capex IntensityCapex / Revenue
0.2%
98.3%
Cash ConversionOCF / Net Profit
1.80×
3.16×
TTM Free Cash FlowTrailing 4 quarters
$378.7M
$-577.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLO
DLO
IDA
IDA
Q4 25
$100.4M
$137.8M
Q3 25
$315.0M
$162.8M
Q2 25
$176.9M
Q1 25
$124.3M
Q4 24
$-141.1M
$136.4M
Q3 24
$108.3M
$201.9M
Q2 24
$146.4M
Q1 24
$109.7M
Free Cash Flow
DLO
DLO
IDA
IDA
Q4 25
$99.8M
$-216.2M
Q3 25
$313.4M
$-127.9M
Q2 25
$-156.4M
Q1 25
$-77.0M
Q4 24
$-141.6M
$-48.9M
Q3 24
$107.1M
$-16.1M
Q2 24
$-199.6M
Q1 24
$-150.3M
FCF Margin
DLO
DLO
IDA
IDA
Q4 25
29.5%
-60.0%
Q3 25
110.9%
-24.3%
Q2 25
-34.8%
Q1 25
-18.7%
Q4 24
-69.2%
-13.0%
Q3 24
57.6%
-3.0%
Q2 24
-45.1%
Q1 24
-36.0%
Capex Intensity
DLO
DLO
IDA
IDA
Q4 25
0.2%
98.3%
Q3 25
0.6%
55.2%
Q2 25
74.2%
Q1 25
49.0%
Q4 24
0.2%
49.3%
Q3 24
0.7%
41.0%
Q2 24
78.2%
Q1 24
62.2%
Cash Conversion
DLO
DLO
IDA
IDA
Q4 25
1.80×
3.16×
Q3 25
2.23×
1.31×
Q2 25
1.85×
Q1 25
2.08×
Q4 24
-4.75×
3.60×
Q3 24
1.19×
1.78×
Q2 24
1.63×
Q1 24
2.28×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

DLO
DLO

Segment breakdown not available.

IDA
IDA

Retailrevenues$323.0M90%
Transmissionserviceswheeling$18.6M5%
Energyefficiencyprogramrevenues$11.7M3%
Wholesaleenergysales$10.5M3%
Otherrevenues$9.5M3%

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