dLocal (DLO) EBITDA (2020 - 2026)
dLocal (DLO) posted quarterly EBITDA of $78.4 million for Q4 2025, up 37.8% year-over-year from $56.9 million in Q4 2024, and up 41.07% quarter-over-quarter from $55.6 million in Q3 2025.
dLocal (DLO) EBITDA (2020 - 2026) Analysis & Trends
dLocal (DLO) has reported EBITDA for 6 consecutive years, with $78.4 million the latest figure, recorded in Q4 2025.
- In Q4 2025, EBITDA rose 37.8% year-over-year to $78.4 million; the TTM figure through Dec 2025 stood at $235.6 million (up 51.88% YoY), while the FY2025 annual figure was $278.1 million, up 47.35% from the prior year.
- EBITDA rose to $78.4 million in Q4 2025 per DLO's latest filing, from $55.6 million in the prior quarter.
- Across five years, EBITDA topped out at $78.4 million in Q4 2025 and bottomed at $18.8 million in Q1 2021.
- Historically, EBITDA has averaged $39.7 million across 5 years, with a median of $38.3 million in 2022.
- Annual changes were most pronounced in 2021 — EBITDA surged 212.95% — and 2024, when it plunged 36.79%.
- dLocal's EBITDA stood at $24.6 million in 2021, then rose by 7.88% to $26.5 million in 2022, then jumped by 54.71% to $41.0 million in 2023, then surged by 38.79% to $56.9 million in 2024, then jumped by 37.8% to $78.4 million in 2025.
- Business Quant data shows DLO's EBITDA at $78.4 million in Q4 2025, $55.6 million in Q3 2025, and $55.8 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 40.60 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 912.00 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 6.13 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -183.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 689.30 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -205.70 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 203.05 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -49.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 446.87 Mn |
| 10 | dLocal | 3.92 Bn | 3.05 Bn | 127.15 Mn | 64.16 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 64.16 Mn |
| Dec 31, 2025 | 78.42 Mn |
| Sep 30, 2025 | 55.59 Mn |
| Jun 30, 2025 | 55.77 Mn |
| Mar 31, 2025 | 45.85 Mn |
| Dec 31, 2024 | 56.91 Mn |
| Sep 30, 2024 | 41.14 Mn |
| Jun 30, 2024 | 30.20 Mn |
| Mar 31, 2024 | 26.90 Mn |
| Dec 31, 2023 | 41.00 Mn |
| Sep 30, 2023 | 51.53 Mn |
| Jun 30, 2023 | 47.77 Mn |
| Mar 31, 2023 | 39.36 Mn |
| Dec 31, 2022 | 26.50 Mn |
| Sep 30, 2022 | 37.23 Mn |
| Jun 30, 2022 | 35.09 Mn |
| Mar 31, 2022 | 29.09 Mn |
| Dec 31, 2021 | 24.57 Mn |
| Sep 30, 2021 | 26.00 Mn |
| Jun 30, 2021 | 25.93 Mn |