dLocal (DLO) EBIT Margin (2020 - 2025)

dLocal (DLO) posted quarterly EBIT Margin of 18.56% for Q4 2025, down 211.0% YoY from 16.72% in Q4 2024, and down 5.68% sequentially from 19.68% in Q3 2025.

dLocal (DLO) EBIT Margin (2020 - 2025) Analysis & Trends

dLocal has disclosed EBIT Margin across 6 years of filings, most recently posting 18.56% for Q4 2025.

  • In Q4 2025, EBIT Margin fell 211.0% year-over-year to 18.56%; the TTM figure through Dec 2025 stood at 20.11% (up 128.0% YoY), while the FY2025 annual figure was 20.11%, up 128.0% from the prior year.
  • EBIT Margin retreated to 18.56% in Q4 2025, from 19.68% in the prior quarter.
  • Over the last five years, EBIT Margin for DLO reached as high as 46.66% in Q1 2021 and fell as low as 14.59% in Q1 2024.
  • The 5-year median for EBIT Margin is 25.52% (2022), against an average of 26.69%.
  • Annual changes were most pronounced in 2024 — EBIT Margin plunged 1408 bps — and 2025, when it jumped 656 bps.
  • A 5-year view of EBIT Margin shows it stood at 32.21% in 2021, then sank by 31 bps to 22.38% in 2022, then retreated by 3 bps to 21.81% in 2023, then slipped by 5 bps to 20.67% in 2024, then decreased by 10 bps to 18.56% in 2025.
  • According to Business Quant data, EBIT Margin over the past three periods registered 18.56%, 19.68%, and 21.74% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 46.33%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 31.97%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 46.18%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 15.30%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 1.06%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 31.36%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -9.69%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 8.43%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -2.84%
10 dLocal 4.27 Bn 3.55 Bn 115.80 Mn 18.56%

Historic Data

Download Data
DateValue
Dec 31, 2025 18.56%
Sep 30, 2025 19.68%
Jun 30, 2025 21.74%
Mar 31, 2025 21.15%
Dec 31, 2024 20.67%
Sep 30, 2024 22.14%
Jun 30, 2024 17.63%
Mar 31, 2024 14.59%
Dec 31, 2023 21.81%
Sep 30, 2023 31.44%
Jun 30, 2023 29.64%
Mar 31, 2023 28.67%
Dec 31, 2022 22.38%
Sep 30, 2022 33.28%
Jun 30, 2022 34.68%
Mar 31, 2022 33.26%
Dec 31, 2021 32.21%
Sep 30, 2021 31.42%
Jun 30, 2021 32.09%
Mar 31, 2021 46.66%