dLocal (DLO) Change in Receivables (2020 - 2025)

dLocal (DLO) posted quarterly Change in Receivables of -$7.6 million for Q4 2025, up 93.06% YoY from -$3.9 million in Q4 2024, and up 91.03% sequentially from -$84.8 million in Q3 2025.

dLocal (DLO) Change in Receivables (2020 - 2025) Analysis & Trends

dLocal has disclosed Change in Receivables across 6 years of filings, most recently posting -$7.6 million for Q4 2025.

  • In Q4 2025, Change in Receivables rose 93.06% year-over-year to -$7.6 million; the TTM figure through Dec 2025 stood at -$104.4 million (up 17.55% YoY), while the FY2025 annual figure was -$90.2 million, up 44.57% from the prior year.
  • Change in Receivables advanced to -$7.6 million in Q4 2025, from -$84.8 million in the prior quarter.
  • Over the last five years, Change in Receivables for DLO reached as high as $92.5 million in Q4 2021 and fell as low as -$109.5 million in Q4 2024.
  • The 5-year median for Change in Receivables is -$12.9 million (2023), against an average of -$20.2 million.
  • Annual changes were most pronounced in 2021 — Change in Receivables soared 992.34% — and 2022, when it sank 618.89%.
  • A 5-year view of Change in Receivables shows it stood at $92.5 million in 2021, then tumbled by 112.5% to -$11.6 million in 2022, then sank by 342.32% to -$51.2 million in 2023, then plunged by 114.03% to -$109.5 million in 2024, then jumped by 93.06% to -$7.6 million in 2025.
  • According to Business Quant data, Change in Receivables over the past three periods registered -$7.6 million, -$84.8 million, and -$13.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Receivables (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 4.71 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn -11.00 Mn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 360.97 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 758.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 348.72 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn -205.20 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -1.40 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 128.65 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -
10 dLocal 4.27 Bn 3.55 Bn 115.80 Mn -7.60 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -7.60 Mn
Dec 31, 2025 -7.60 Mn
Sep 30, 2025 -84.75 Mn
Sep 30, 2025 -84.75 Mn
Jun 30, 2025 -13.05 Mn
Jun 30, 2025 -13.05 Mn
Mar 31, 2025 1.03 Mn
Mar 31, 2025 1.03 Mn
Dec 31, 2024 -109.49 Mn
Dec 31, 2024 -109.49 Mn
Sep 30, 2024 49.00 Mn
Sep 30, 2024 49.00 Mn
Jun 30, 2024 -69.32 Mn
Jun 30, 2024 -69.32 Mn
Mar 31, 2024 3.22 Mn
Mar 31, 2024 3.22 Mn
Dec 31, 2023 -51.15 Mn
Dec 31, 2023 -51.15 Mn
Sep 30, 2023 -12.71 Mn
Sep 30, 2023 -12.71 Mn