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Side-by-side financial comparison of dLocal Ltd (DLO) and Verisign (VRSN). Click either name above to swap in a different company.
Verisign is the larger business by last-quarter revenue ($425.3M vs $337.9M, roughly 1.3× dLocal Ltd). Verisign runs the higher net margin — 48.5% vs 16.5%, a 32.0% gap on every dollar of revenue. On growth, dLocal Ltd posted the faster year-over-year revenue change (65.2% vs 7.6%). Verisign produced more free cash flow last quarter ($285.1M vs $99.8M).
dLocal Limited is a Uruguayan financial technology company. It provides cross-border payments connecting global merchants to emerging markets.
Verisign, Inc. is an American company based in Reston, Virginia, that operates a diverse array of network infrastructure, including two of the Internet's thirteen root nameservers, the authoritative registry for the .com, .net, and .name generic top-level domains and the .cc country-code top-level domains, and the back-end systems for the .jobs and .edu sponsored top-level domains.
DLO vs VRSN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $337.9M | $425.3M |
| Net Profit | $55.6M | $206.2M |
| Gross Margin | 34.3% | 88.5% |
| Operating Margin | 18.6% | 67.0% |
| Net Margin | 16.5% | 48.5% |
| Revenue YoY | 65.2% | 7.6% |
| Net Profit YoY | 87.3% | 7.7% |
| EPS (diluted) | $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 | $337.9M | $425.3M | ||
| Q3 25 | $282.5M | $419.1M | ||
| Q2 25 | — | $409.9M | ||
| Q1 25 | — | $402.3M | ||
| Q4 24 | $204.5M | $395.4M | ||
| Q3 24 | $185.8M | $390.6M | ||
| Q2 24 | — | $387.1M | ||
| Q1 24 | — | $384.3M |
| Q4 25 | $55.6M | $206.2M | ||
| Q3 25 | $141.3M | $212.8M | ||
| Q2 25 | — | $207.4M | ||
| Q1 25 | — | $199.3M | ||
| Q4 24 | $29.7M | $191.5M | ||
| Q3 24 | $90.8M | $201.3M | ||
| Q2 24 | — | $198.8M | ||
| Q1 24 | — | $194.1M |
| Q4 25 | 34.3% | 88.5% | ||
| Q3 25 | 36.5% | 88.4% | ||
| Q2 25 | — | 88.0% | ||
| Q1 25 | — | 87.7% | ||
| Q4 24 | 40.9% | 87.8% | ||
| Q3 24 | 42.1% | 88.0% | ||
| Q2 24 | — | 87.8% | ||
| Q1 24 | — | 87.2% |
| Q4 25 | 18.6% | 67.0% | ||
| Q3 25 | 19.7% | 67.8% | ||
| Q2 25 | — | 68.5% | ||
| Q1 25 | — | 67.4% | ||
| Q4 24 | 20.7% | 66.7% | ||
| Q3 24 | 22.1% | 68.9% | ||
| Q2 24 | — | 68.8% | ||
| Q1 24 | — | 67.4% |
| Q4 25 | 16.5% | 48.5% | ||
| Q3 25 | 50.0% | 50.8% | ||
| Q2 25 | — | 50.6% | ||
| Q1 25 | — | 49.5% | ||
| Q4 24 | 14.5% | 48.4% | ||
| Q3 24 | 48.9% | 51.5% | ||
| Q2 24 | — | 51.4% | ||
| Q1 24 | — | 50.5% |
| Q4 25 | $0.18 | — | ||
| Q3 25 | $0.17 | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $0.09 | — | ||
| Q3 24 | $0.09 | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $580.5M |
| Total DebtLower is stronger | $86.7M | — |
| Stockholders' EquityBook value | $569.4M | $-2.2B |
| Total Assets | $1.5B | $1.3B |
| Debt / EquityLower = less leverage | 0.15× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $719.9M | $580.5M | ||
| Q3 25 | $604.5M | $617.7M | ||
| Q2 25 | — | $593.8M | ||
| Q1 25 | — | $648.5M | ||
| Q4 24 | $425.2M | $599.9M | ||
| Q3 24 | $560.5M | $644.9M | ||
| Q2 24 | — | $689.9M | ||
| Q1 24 | — | $924.7M |
| Q4 25 | $86.7M | — | ||
| Q3 25 | $63.1M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $39.8M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $569.4M | $-2.2B | ||
| Q3 25 | $504.7M | $-2.1B | ||
| Q2 25 | — | $-2.0B | ||
| Q1 25 | — | $-2.0B | ||
| Q4 24 | $489.0M | $-2.0B | ||
| Q3 24 | $457.0M | $-1.9B | ||
| Q2 24 | — | $-1.8B | ||
| Q1 24 | — | $-1.6B |
| Q4 25 | $1.5B | $1.3B | ||
| Q3 25 | $1.4B | $1.4B | ||
| Q2 25 | — | $1.4B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | — | $1.5B | ||
| Q2 24 | — | $1.5B | ||
| Q1 24 | — | $1.7B |
| 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 | $100.4M | $289.6M |
| Free Cash FlowOCF − Capex | $99.8M | $285.1M |
| FCF MarginFCF / Revenue | 29.5% | 67.0% |
| Capex IntensityCapex / Revenue | 0.2% | 1.1% |
| Cash ConversionOCF / Net Profit | 1.80× | 1.40× |
| TTM Free Cash FlowTrailing 4 quarters | $378.7M | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $100.4M | $289.6M | ||
| Q3 25 | $315.0M | $307.7M | ||
| Q2 25 | — | $202.5M | ||
| Q1 25 | — | $291.3M | ||
| Q4 24 | $-141.1M | $231.5M | ||
| Q3 24 | $108.3M | $253.4M | ||
| Q2 24 | — | $160.4M | ||
| Q1 24 | — | $257.3M |
| Q4 25 | $99.8M | $285.1M | ||
| Q3 25 | $313.4M | $303.0M | ||
| Q2 25 | — | $194.7M | ||
| Q1 25 | — | $285.5M | ||
| Q4 24 | $-141.6M | $222.0M | ||
| Q3 24 | $107.1M | $247.8M | ||
| Q2 24 | — | $151.2M | ||
| Q1 24 | — | $253.5M |
| Q4 25 | 29.5% | 67.0% | ||
| Q3 25 | 110.9% | 72.3% | ||
| Q2 25 | — | 47.5% | ||
| Q1 25 | — | 71.0% | ||
| Q4 24 | -69.2% | 56.1% | ||
| Q3 24 | 57.6% | 63.4% | ||
| Q2 24 | — | 39.1% | ||
| Q1 24 | — | 66.0% |
| Q4 25 | 0.2% | 1.1% | ||
| Q3 25 | 0.6% | 1.1% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | 1.4% | ||
| Q4 24 | 0.2% | 2.4% | ||
| Q3 24 | 0.7% | 1.4% | ||
| Q2 24 | — | 2.4% | ||
| Q1 24 | — | 1.0% |
| Q4 25 | 1.80× | 1.40× | ||
| Q3 25 | 2.23× | 1.45× | ||
| Q2 25 | — | 0.98× | ||
| Q1 25 | — | 1.46× | ||
| Q4 24 | -4.75× | 1.21× | ||
| Q3 24 | 1.19× | 1.26× | ||
| Q2 24 | — | 0.81× | ||
| Q1 24 | — | 1.33× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.