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

dLocal Ltd is the larger business by last-quarter revenue ($337.9M vs $251.2M, roughly 1.3× POWELL INDUSTRIES INC). POWELL INDUSTRIES INC runs the higher net margin — 16.5% vs 16.5%, a 0.0% gap on every dollar of revenue. On growth, dLocal Ltd posted the faster year-over-year revenue change (65.2% vs 4.0%). dLocal Ltd produced more free cash flow last quarter ($99.8M vs $41.6M).

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

Powell Industries, Inc. is a manufacturer of Integrated/Packaged Solutions and Electrical Equipment to monitor and control the distribution of electrical power in commercial and industrial markets founded in 1947. Its headquarters is in Houston, Texas.

DLO vs POWL — Head-to-Head

Bigger by revenue
DLO
DLO
1.3× larger
DLO
$337.9M
$251.2M
POWL
Growing faster (revenue YoY)
DLO
DLO
+61.2% gap
DLO
65.2%
4.0%
POWL
Higher net margin
POWL
POWL
0.0% more per $
POWL
16.5%
16.5%
DLO
More free cash flow
DLO
DLO
$58.2M more FCF
DLO
$99.8M
$41.6M
POWL

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
DLO
DLO
POWL
POWL
Revenue
$337.9M
$251.2M
Net Profit
$55.6M
$41.4M
Gross Margin
34.3%
28.4%
Operating Margin
18.6%
17.0%
Net Margin
16.5%
16.5%
Revenue YoY
65.2%
4.0%
Net Profit YoY
87.3%
19.1%
EPS (diluted)
$0.18
$3.40

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
POWL
POWL
Q4 25
$337.9M
$251.2M
Q3 25
$282.5M
$298.0M
Q2 25
$286.3M
Q1 25
$278.6M
Q4 24
$204.5M
$241.4M
Q3 24
$185.8M
$275.1M
Q2 24
$288.2M
Q1 24
$255.1M
Net Profit
DLO
DLO
POWL
POWL
Q4 25
$55.6M
$41.4M
Q3 25
$141.3M
$51.4M
Q2 25
$48.2M
Q1 25
$46.3M
Q4 24
$29.7M
$34.8M
Q3 24
$90.8M
$46.1M
Q2 24
$46.2M
Q1 24
$33.5M
Gross Margin
DLO
DLO
POWL
POWL
Q4 25
34.3%
28.4%
Q3 25
36.5%
31.4%
Q2 25
30.7%
Q1 25
29.9%
Q4 24
40.9%
24.7%
Q3 24
42.1%
29.2%
Q2 24
28.4%
Q1 24
24.6%
Operating Margin
DLO
DLO
POWL
POWL
Q4 25
18.6%
17.0%
Q3 25
19.7%
21.2%
Q2 25
21.0%
Q1 25
21.1%
Q4 24
20.7%
14.7%
Q3 24
22.1%
20.4%
Q2 24
19.9%
Q1 24
15.5%
Net Margin
DLO
DLO
POWL
POWL
Q4 25
16.5%
16.5%
Q3 25
50.0%
17.3%
Q2 25
16.8%
Q1 25
16.6%
Q4 24
14.5%
14.4%
Q3 24
48.9%
16.7%
Q2 24
16.0%
Q1 24
13.1%
EPS (diluted)
DLO
DLO
POWL
POWL
Q4 25
$0.18
$3.40
Q3 25
$0.17
$4.23
Q2 25
$3.96
Q1 25
$3.81
Q4 24
$0.09
$2.86
Q3 24
$0.09
$3.77
Q2 24
$3.79
Q1 24
$2.75

Balance Sheet & Financial Strength

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

Metric
DLO
DLO
POWL
POWL
Cash + ST InvestmentsLiquidity on hand
$719.9M
$500.8M
Total DebtLower is stronger
$86.7M
Stockholders' EquityBook value
$569.4M
$668.9M
Total Assets
$1.5B
$1.1B
Debt / EquityLower = less leverage
0.15×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
DLO
DLO
POWL
POWL
Q4 25
$719.9M
$500.8M
Q3 25
$604.5M
$475.5M
Q2 25
$433.0M
Q1 25
$389.3M
Q4 24
$425.2M
$373.4M
Q3 24
$560.5M
$358.4M
Q2 24
$374.0M
Q1 24
$365.3M
Total Debt
DLO
DLO
POWL
POWL
Q4 25
$86.7M
Q3 25
$63.1M
Q2 25
Q1 25
Q4 24
$39.8M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
DLO
DLO
POWL
POWL
Q4 25
$569.4M
$668.9M
Q3 25
$504.7M
$640.8M
Q2 25
$594.9M
Q1 25
$541.4M
Q4 24
$489.0M
$496.3M
Q3 24
$457.0M
$483.1M
Q2 24
$436.7M
Q1 24
$393.8M
Total Assets
DLO
DLO
POWL
POWL
Q4 25
$1.5B
$1.1B
Q3 25
$1.4B
$1.1B
Q2 25
$1.0B
Q1 25
$965.4M
Q4 24
$1.2B
$912.7M
Q3 24
$928.2M
Q2 24
$869.0M
Q1 24
$849.6M
Debt / Equity
DLO
DLO
POWL
POWL
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
DLO
DLO
POWL
POWL
Operating Cash FlowLast quarter
$100.4M
$43.6M
Free Cash FlowOCF − Capex
$99.8M
$41.6M
FCF MarginFCF / Revenue
29.5%
16.6%
Capex IntensityCapex / Revenue
0.2%
0.8%
Cash ConversionOCF / Net Profit
1.80×
1.05×
TTM Free Cash FlowTrailing 4 quarters
$378.7M
$161.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
DLO
DLO
POWL
POWL
Q4 25
$100.4M
$43.6M
Q3 25
$315.0M
$61.1M
Q2 25
$47.4M
Q1 25
$22.4M
Q4 24
$-141.1M
$37.1M
Q3 24
$108.3M
$-6.0M
Q2 24
$13.8M
Q1 24
$17.0M
Free Cash Flow
DLO
DLO
POWL
POWL
Q4 25
$99.8M
$41.6M
Q3 25
$313.4M
$59.3M
Q2 25
$42.3M
Q1 25
$18.3M
Q4 24
$-141.6M
$34.9M
Q3 24
$107.1M
$-14.4M
Q2 24
$12.4M
Q1 24
$16.1M
FCF Margin
DLO
DLO
POWL
POWL
Q4 25
29.5%
16.6%
Q3 25
110.9%
19.9%
Q2 25
14.8%
Q1 25
6.6%
Q4 24
-69.2%
14.4%
Q3 24
57.6%
-5.3%
Q2 24
4.3%
Q1 24
6.3%
Capex Intensity
DLO
DLO
POWL
POWL
Q4 25
0.2%
0.8%
Q3 25
0.6%
0.6%
Q2 25
1.8%
Q1 25
1.5%
Q4 24
0.2%
0.9%
Q3 24
0.7%
3.1%
Q2 24
0.5%
Q1 24
0.4%
Cash Conversion
DLO
DLO
POWL
POWL
Q4 25
1.80×
1.05×
Q3 25
2.23×
1.19×
Q2 25
0.98×
Q1 25
0.48×
Q4 24
-4.75×
1.07×
Q3 24
1.19×
-0.13×
Q2 24
0.30×
Q1 24
0.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

DLO
DLO

Segment breakdown not available.

POWL
POWL

Oil And Gas Service$97.9M39%
Electricity$69.3M28%
Commercial And Other Industrial$40.6M16%
Petrochemical$22.8M9%
Other Customers$12.0M5%
Light Rail Traction Power Customer$8.6M3%

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