dLocal (DLO) FCF Margin (2020 - 2026)
dLocal's (DLO) quarterly FCF Margin came in at 35.22% in Q2 2026, down 1741.0% year-over-year from 2.15% in Q2 2025, and up 26.78% quarter-over-quarter from 27.78% in Q1 2026.
Analysis
dLocal (DLO) FCF Margin (2020 - 2026) Analysis & Trends
dLocal (DLO) has reported FCF Margin for 7 consecutive years, with 35.22% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin fell 1741.0% year-over-year to 35.22% in Q2 2026; TTM through Jun 2026 was 32.09%, a 1701.0% increase from a year earlier, with the FY2025 full-year figure at 40.67%, up 4484.0% from the prior year.
- FCF Margin was 35.22% for Q2 2026 at dLocal, up from 27.78% in the prior quarter.
- Over five years, FCF Margin peaked at 86.95% in Q2 2023 and troughed at 68.81% in Q4 2024.
- A 5-year average of 31.98% and a median of 33.74% in 2022 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin sank 10307 bps in 2024 and soared 10007 bps in 2025, its largest moves.
- Over 5 years, FCF Margin stood at 34.82% in 2022, then surged by 198 bps to 34.26% in 2023, then sank by 301 bps to 68.81% in 2024, then jumped by 145 bps to 31.27% in 2025, then gained by 13 bps to 35.22% in 2026.
- The last three FCF Margin figures came in at 35.22% (Q2 2026), 27.78% (Q1 2026), and 31.27% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 48.00 Bn | 41.58 Bn | 3.17 Bn | -114.17% |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | 20.44% |
| 3 | Fiserv | 27.20 Bn | 26.57 Bn | 3.59 Bn | 18.61% |
| 4 | Corpay | 26.90 Bn | 19.90 Bn | 1.19 Bn | 105.74% |
| 5 | Global Payments | 24.38 Bn | 18.97 Bn | 2.03 Bn | 12.86% |
| 6 | Wex | 6.49 Bn | 390.77 Mn | 463.80 Mn | -16.07% |
| 7 | Aci Worldwide | 5.19 Bn | 5.03 Bn | 181.57 Mn | 14.85% |
| 8 | Paymentus Holdings | 4.43 Bn | 4.06 Bn | 94.31 Mn | 10.86% |
| 9 | dLocal | 4.39 Bn | 3.51 Bn | 127.15 Mn | 35.22% |
| 10 | Sezzle | 4.02 Bn | 3.94 Bn | - | 34.35% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 35.22% |
| Mar 31, 2026 | 27.78% |
| Dec 31, 2025 | 31.27% |
| Sep 30, 2025 | 33.77% |
| Jun 30, 2025 | 52.63% |
| Mar 31, 2025 | 44.45% |
| Dec 31, 2024 | -68.81% |
| Sep 30, 2024 | 21.33% |
| Jun 30, 2024 | 24.91% |
| Mar 31, 2024 | 22.10% |
| Dec 31, 2023 | 34.26% |
| Sep 30, 2023 | 5.07% |
| Jun 30, 2023 | 86.95% |
| Mar 31, 2023 | 61.61% |
| Dec 31, 2022 | -34.82% |
| Sep 30, 2022 | 77.40% |
| Jun 30, 2022 | 33.71% |
| Mar 31, 2022 | 86.89% |
| Dec 31, 2021 | 52.00% |
| Sep 30, 2021 | 43.50% |