dLocal Ltd (DLO) stock
DLONasdaqServices-Business Services, NECFiscal year ends December 31
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 20-F on Mar 18, 2026Score 11/30
$13.70−0.26 (-1.86%)
Close on Nov 12, 2026Market cap $4.04BP/E 21.1Yield –
dLocal gross margin
Gross margin is gross profit as a percentage of revenue.
dLocal's gross margin for the twelve months ending Dec 31, 2025 was 36.8%. For fiscal 2025 it was 36.8%, against 39.5% the year before. The highest annual figure on record is 64.9% in fiscal 2019.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 36.8% | −2.7 |
| FY2024 | Dec 31, 2024 | 39.5% | −3.1 |
| FY2023 | Dec 31, 2023 | 42.6% | −5.7 |
| FY2022 | Dec 31, 2022 | 48.3% | −5.2 |
| FY2021 | Dec 31, 2021 | 53.4% | −4.3 |
| FY2020 | Dec 31, 2020 | 57.7% | −7.2 |
| FY2019 | Dec 31, 2019 | 64.9% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 31.8% | −9.1 |
| Q4 FY2025 | Dec 31, 2025 | 34.3% | −7.8 |
| Q3 FY2025 | Sep 30, 2025 | 36.5% | – |
| Q2 FY2025 | Jun 30, 2025 | 38.6% | – |
| Q4 FY2024 | Dec 31, 2024 | 40.9% | – |
| Q3 FY2024 | Sep 30, 2024 | 42.1% | – |
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