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 operating margin
Operating margin is operating income as a percentage of revenue.
dLocal's operating margin for the twelve months ending Dec 31, 2025 was 20.1%. For fiscal 2025 it was 20.1%, against 18.8% the year before. The highest annual figure on record is 34.3% in fiscal 2021.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 20.1% | +1.3 |
| FY2024 | Dec 31, 2024 | 18.8% | −8.8 |
| FY2023 | Dec 31, 2023 | 27.6% | −2.9 |
| FY2022 | Dec 31, 2022 | 30.5% | −3.8 |
| FY2021 | Dec 31, 2021 | 34.3% | +4.6 |
| FY2020 | Dec 31, 2020 | 29.7% | −2.1 |
| FY2019 | Dec 31, 2019 | 31.8% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2026 | Jun 30, 2026 | 16.1% | −4.6 |
| Q4 FY2025 | Dec 31, 2025 | 18.6% | −3.6 |
| Q3 FY2025 | Sep 30, 2025 | 19.7% | – |
| Q2 FY2025 | Jun 30, 2025 | 21.7% | – |
| Q4 FY2024 | Dec 31, 2024 | 20.7% | – |
| Q3 FY2024 | Sep 30, 2024 | 22.1% | – |
See a number that looks wrong?