dLocal (DLO) Free Cash Flow (2020 - 2025)
dLocal (DLO) posted quarterly Free Cash Flow of $105.6 million for Q4 2025, up 175.08% YoY from $38.4 million in Q4 2024, and up 10.75% sequentially from $95.4 million in Q3 2025.
dLocal (DLO) Free Cash Flow (2020 - 2025) Analysis & Trends
dLocal has disclosed Free Cash Flow across 6 years of filings, most recently posting $105.6 million for Q4 2025.
- In Q4 2025, Free Cash Flow rose 175.08% year-over-year to $105.6 million; the TTM figure through Dec 2025 stood at $432.4 million (up 2546.9% YoY), while the FY2025 annual figure was $444.8 million, up 1531.11% from the prior year.
- Free Cash Flow rose to $105.6 million in Q4 2025, from $95.4 million in the prior quarter.
- Over the last five years, Free Cash Flow for DLO reached as high as $140.1 million in Q2 2023 and fell as low as -$140.7 million in Q4 2024.
- The 5-year median for Free Cash Flow is $44.1 million (2021), against an average of $49.2 million.
- Annual changes were most pronounced in 2022 — Free Cash Flow jumped 1884.07% — and 2024, when it slumped 318.43%.
- A 5-year view of Free Cash Flow shows it stood at $45.6 million in 2021, then tumbled by 190.48% to -$41.2 million in 2022, then jumped by 256.2% to $64.4 million in 2023, then sank by 318.43% to -$140.7 million in 2024, then soared by 175.08% to $105.6 million in 2025.
- According to Business Quant data, Free Cash Flow over the past three periods registered $105.6 million, $95.4 million, and $135.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 15.80 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 13.85 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 891.76 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 384.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 395.40 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 1.02 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 93.10 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 821.51 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 935.02 Mn |
| 10 | dLocal | 4.27 Bn | 3.55 Bn | 115.80 Mn | 105.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 105.65 Mn |
| Dec 31, 2025 | 105.65 Mn |
| Sep 30, 2025 | 95.39 Mn |
| Sep 30, 2025 | 95.39 Mn |
| Jun 30, 2025 | 134.97 Mn |
| Jun 30, 2025 | 134.97 Mn |
| Mar 31, 2025 | 96.36 Mn |
| Mar 31, 2025 | 96.36 Mn |
| Dec 31, 2024 | -140.71 Mn |
| Dec 31, 2024 | -140.71 Mn |
| Sep 30, 2024 | 39.62 Mn |
| Sep 30, 2024 | 39.62 Mn |
| Jun 30, 2024 | 42.66 Mn |
| Jun 30, 2024 | 42.66 Mn |
| Mar 31, 2024 | 40.75 Mn |
| Mar 31, 2024 | 40.75 Mn |
| Dec 31, 2023 | 64.42 Mn |
| Dec 31, 2023 | 64.42 Mn |
| Sep 30, 2023 | 8.30 Mn |
| Sep 30, 2023 | 8.30 Mn |