dLocal LtdDLO

NasdaqIndustrialsServices-Business Services, NEC
Price (close)
$14.08
Market cap
$4.2B
P/E
21.1x
Revenue (FY)
$1.1B
Net income
$196.8M
Dividend yield
1.38%
1-year total return
-1.3%
Net margin
18.0%
Revenue growth
46.6%
Debt / equity
—

What dLocal Ltd does.

dLocal is focused on simplifying and redefining the online payments experience in emerging markets. Through one API, one technology platform, and one contract, which we collectively refer to as the One dLocal model, we enable global enterprise merchants to get paid (pay-in) and to make payments (pay-out) online in a safe and efficient manner. Merchants on our platform consistently benefit from improved acceptance and conversion rates, reduced friction, and enhanced fraud prevention, which enables merchants to better serve nearly 2 billion potential combined internet users in the countries we serve. Our proprietary, fully cloud-based platform has the ability to power both cross-border and local-to-local transactio ns in 44 countries as of December 31, 2025. Our solutions are designed to be user-friendly and seamlessly adapted to our different countries and payment methods. We empower global merchants to expand their market reach by connecting them to consumers through more than 160 different local pay-in payment methods and 939 local pay-out payment methods, including financial institutions, across different geographies. In addition, our proprietary technology architecture is designed to be highly scalable and flexible, enabling us to rapidly innovate in response to market demand, expand our services to new countries, and enhance our value proposition for our merchant clients. We believe that our product offering is the most comprehensive online payments infrastructure currently available for global enterprise merchants operating across emerging markets.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$104.1M$244.1M$418.9M$650.4M$746.0M$1.1B
Net income$28.2M$77.9M$108.7M$149.0M$120.4M$196.8M
Free cash flow$87.6M$106.5M$153.5M$292.5M-$34.5M$413.2M

More on DLO.

Figures from dLocal Ltd's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.