# dLocal Ltd (DLO)

Source page: https://stoqly.net/companies/dlo

- **Ticker:** DLO (Nasdaq)
- **Sector:** Industrials / Services-Business Services, Nec
- **SEC CIK:** 0001846832
- **Latest annual report:** 20-F filed 2026-03-18 (https://www.sec.gov/Archives/edgar/data/1846832/000207097926000113/dlo-20251231.htm)
- **Data updated:** 2026-11-09

## Key figures

- **Last close:** $14.39 on 2026-11-09 (+3.15% on the day)
- **Market cap:** $4.3B
- **P/E (trailing):** 22.1x
- **EPS, trailing 12 months:** $0.65
- **Revenue (FY2025):** $1.1B
- **Revenue growth:** +46.6%
- **Revenue growth, 5-year CAGR:** +60.0%
- **Gross margin:** 36.8%
- **Operating margin:** 20.1%
- **Net margin:** 18.0%
- **Free cash flow:** $413M
- **Free cash flow margin:** 37.8%
- **Return on equity:** 37.2%
- **Net debt:** −$633M
- **Net debt / EBITDA:** −2.6x
- **Change in share count:** −1.1%
- **Piotroski F-score:** 6/9
- **Insider buys, last 90 days:** $0.0M
- **Insider sells, last 90 days:** $0.0M

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## Annual results

From SEC EDGAR XBRL filings. Full table: https://stoqly.net/companies/dlo/figures.csv

| US$ millions | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---:|---:|---:|---:|---:|---:|---:|
| Revenue | 55 | 104 | 244 | 419 | 650 | 746 | 1,094 |
| Operating income | 18 | 31 | 84 | 128 | 180 | 141 | 220 |
| Net income | 16 | 28 | 78 | 109 | 149 | 120 | 197 |
| Diluted EPS (US$) | 0.05 | 0.10 | 0.25 | 0.35 | 0.49 | 0.39 | 0.65 |
| Operating cash flow | 31 | 88 | 108 | 154 | 293 | -33 | 415 |
| Free cash flow | 31 | 88 | 107 | 153 | 292 | -34 | 413 |
| Cash | 35 | 112 | 336 | 468 | 536 | 425 | 720 |
| Debt and leases | — | — | 5 | — | 0 | 40 | 87 |

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Source: SEC EDGAR filings and end-of-day prices, via Stoqly. For information only — not investment advice or a recommendation to buy, sell or hold any security.