dLocal (DLO) FCF Margin (2020 - 2025)
dLocal (DLO) posted quarterly FCF Margin of 31.27% for Q4 2025, up 11177.0% year-over-year from N/an in Q4 2024, and up 40047.47% quarter-over-quarter from 0.08% in Q3 2025.
dLocal (DLO) FCF Margin (2020 - 2025) Analysis & Trends
dLocal (DLO) has reported FCF Margin for 6 consecutive years, with 31.27% the latest figure, recorded in Q4 2025.
- In Q4 2025, FCF Margin rose 11177.0% year-over-year to 31.27%; the TTM figure through Dec 2025 stood at 9.81% (up 1719.0% YoY), while the FY2025 annual figure was 40.67%, up 4484.0% from the prior year.
- FCF Margin improved to 31.27% in Q4 2025 per DLO's latest filing, from 0.08% in the prior quarter.
- Across five years, FCF Margin topped out at 86.95% in Q2 2023 and bottomed at 80.51% in Q4 2024.
- Historically, FCF Margin has averaged 26.86% across 5 years, with a median of 26.68% in 2024.
- Annual changes were most pronounced in 2024 — FCF Margin plunged 11318 bps — and 2025, when it surged 11177 bps.
- dLocal's FCF Margin stood at 59.77% in 2021, then sank by 158 bps to 34.82% in 2022, then jumped by 194 bps to 32.67% in 2023, then tumbled by 346 bps to 80.51% in 2024, then soared by 139 bps to 31.27% in 2025.
- Business Quant data shows DLO's FCF Margin at 31.27% in Q4 2025, 0.08% in Q3 2025, and 0.2% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 21.82% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 62.08% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -9.76% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 26.25% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 47.15% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 9.71% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 32.19% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -223.03% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | -114.17% |
| 10 | dLocal | 3.92 Bn | 3.05 Bn | 127.15 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 31.27% |
| Sep 30, 2025 | 0.08% |
| Jun 30, 2025 | 0.20% |
| Mar 31, 2025 | 0.44% |
| Dec 31, 2024 | -80.51% |
| Sep 30, 2024 | 21.33% |
| Jun 30, 2024 | 17.08% |
| Mar 31, 2024 | 22.10% |
| Dec 31, 2023 | 32.67% |
| 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 | 59.77% |
| Sep 30, 2021 | 43.50% |
| Jun 30, 2021 | 62.90% |
| Mar 31, 2021 | 9.51% |