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| Date | Value |
|---|---|
| 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% |