dLocal (DLO) Free Cash Flow (2020 - 2026)
dLocal (DLO) reported Free Cash Flow of $134.14 million for Q2 2026, down 0.2% from $134.46 million a year earlier but up 35.3% from the prior quarter.
dLocal (DLO) Free Cash Flow (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, dLocal's Free Cash Flow came in at $441.87 million, up 212.0% year-over-year; for FY2025, it was $444.78 million.
- Free Cash Flow has a five-year compound annual growth rate of 38.4% (FY2020 to FY2025).
- By year, Free Cash Flow came in at -$31.08 million in FY2024, $305.89 million in FY2023 (+88.4%), $162.33 million in FY2022 (+52.4%) and $106.54 million in FY2021 (+21.6%).
- Five-year quarterly Free Cash Flow spans a low of -$135.01 million in Q4 2024 and a high of $140.11 million in Q2 2023.
- Year over year, Free Cash Flow gained in four of the last six quarters, with growth averaging 146.8%.
- The high point for year-over-year Free Cash Flow in five years was Q3 2024 (growth of 376.6%); the low point was Q3 2023 (a decline of 90.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $99.16 million (Q1 2026), $116.54 million (Q4 2025) and $92.03 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - | 197.31 Mn |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - | 1.78 Bn |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn | 966.61 Mn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn | 482.24 Mn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - | 1.42 Bn |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn | 985.00 Mn |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn | 426.96 Mn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn | 28.98 Mn |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn | 281.76 Mn |
| 10 | dLocal | 4.06 Bn | 752.30 Mn | 127.15 Mn | 134.14 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 134.14 Mn |
| Mar 31, 2026 | 99.16 Mn |
| Dec 31, 2025 | 116.54 Mn |
| Sep 30, 2025 | 92.03 Mn |
| Jun 30, 2025 | 134.46 Mn |
| Mar 31, 2025 | 102.62 Mn |
| Dec 31, 2024 | -135.01 Mn |
| Sep 30, 2024 | 39.57 Mn |
| Jun 30, 2024 | 42.22 Mn |
| Mar 31, 2024 | 39.97 Mn |
| Dec 31, 2023 | 64.42 Mn |
| Sep 30, 2023 | 8.30 Mn |
| Jun 30, 2023 | 140.11 Mn |
| Mar 31, 2023 | 84.53 Mn |
| Dec 31, 2022 | -41.24 Mn |
| Sep 30, 2022 | 86.58 Mn |
| Jun 30, 2022 | 34.11 Mn |
| Mar 31, 2022 | 75.91 Mn |
| Dec 31, 2021 | 39.35 Mn |
| Sep 30, 2021 | 29.44 Mn |
dLocal Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=DLO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "DLO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=DLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();