dLocal (DLO) EBITDA Margin (2020 - 2025)

dLocal (DLO) posted quarterly EBITDA Margin of 0.06% for Q4 2025, up 210.0% YoY from 0.02% in Q4 2024, and up 93.81% sequentially from 0.93% in Q3 2025.

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

dLocal has disclosed EBITDA Margin across 6 years of filings, most recently posting 0.06% for Q4 2025.

  • In Q4 2025, EBITDA Margin rose 210.0% year-over-year to 0.06%; the TTM figure through Dec 2025 stood at 0.46% (up 196.0% YoY), while the FY2025 annual figure was 0.46%, up 196.0% from the prior year.
  • EBITDA Margin improved to 0.06% in Q4 2025, from 0.93% in the prior quarter.
  • Over the last five years, EBITDA Margin for DLO reached as high as 1.68% in Q2 2025 and fell as low as 4.82% in Q4 2023.
  • The 5-year median for EBITDA Margin is 0.32% (2022), against an average of 0.34%.
  • The widest YoY moves for EBITDA Margin: up 5614 bps in 2021, down 4109 bps in 2021.
  • A 5-year view of EBITDA Margin shows it stood at 0.49% in 2021, then jumped by 187 bps to 0.43% in 2022, then plunged by 1223 bps to 4.82% in 2023, then jumped by 55 bps to 2.16% in 2024, then jumped by 97 bps to 0.06% in 2025.
  • According to Business Quant data, EBITDA Margin over the past three periods registered 0.06%, 0.93%, and 1.68% for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA 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 -0.06%

Historic Data

Download Data
DateValue
Dec 31, 2025 -0.06%
Sep 30, 2025 -0.93%
Jun 30, 2025 1.68%
Mar 31, 2025 1.63%
Dec 31, 2024 -2.16%
Sep 30, 2024 -0.27%
Jun 30, 2024 -3.27%
Mar 31, 2024 -0.36%
Dec 31, 2023 -4.82%
Sep 30, 2023 -1.11%
Jun 30, 2023 1.04%
Mar 31, 2023 1.08%
Dec 31, 2022 0.43%
Sep 30, 2022 -0.36%
Jun 30, 2022 -1.23%
Mar 31, 2022 1.33%
Dec 31, 2021 -0.49%
Sep 30, 2021 -0.57%
Jun 30, 2021 1.11%
Mar 31, 2021 0.53%