The financials
DLocal Limited by the numbers
DLocal Limited (DLO) reported revenue of $338M in Q4 2025 (quarter ended December 31, 2025), up 82% from the same quarter a year earlier. That came with a gross margin of 34% and net income of $56M (16% of revenue). For the full year FY2025, revenue was $1.09B (+47% year on year) and net income $197M.
| Income statement | Q4 2025 | Q3 2024 | Change |
|---|---|---|---|
| Revenue | $338M | $186M | +82% |
| Gross profit | $116M | $78M | +48% |
| Operating income | $63M | $41M | +52% |
| Net income | $56M | $27M | +107% |
| Diluted EPS | $0.18 | $0.09 | +100% |
Software - Infrastructure
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