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
DateValue
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