dLocal (DLO) Free Cash Flow (2020 - 2025)
dLocal's (DLO) quarterly Free Cash Flow came in at $105.6 million in Q4 2025, up 175.08% year-on-year from $38.4 million in Q4 2024, and up 10.75% on a QoQ basis from $95.4 million in Q3 2025.
dLocal (DLO) Free Cash Flow (2020 - 2025) Analysis & Trends
dLocal (DLO) has 6 years of Free Cash Flow data on file, last reported at $105.6 million in Q4 2025.
- On a quarterly basis, Free Cash Flow rose 175.08% year-over-year to $105.6 million in Q4 2025; TTM through Dec 2025 was $432.4 million, a 2546.9% increase from a year earlier, with the FY2025 full-year figure at $444.8 million, up 1531.11% from the prior year.
- Free Cash Flow for Q4 2025 stood at $105.6 million, up 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.
- Historically, Free Cash Flow has averaged $49.2 million across 5 years, with a median of $44.1 million in 2021.
- Across the five-year window, Free Cash Flow surged 1884.07% in 2022 and slumped 318.43% in 2024, its largest moves.
- Year by year, Free Cash Flow stood at $45.6 million in 2021, then slumped by 190.48% to -$41.2 million in 2022, then jumped by 256.2% to $64.4 million in 2023, then plunged by 318.43% to -$140.7 million in 2024, then soared by 175.08% to $105.6 million in 2025.
- Per Business Quant data, the three most recent Free Cash Flow figures were $105.6 million in Q4 2025, $95.4 million in Q3 2025, and $135.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 45.75 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 223.25 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | -1.87 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 891.76 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 384.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 628.76 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 1.02 Bn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 164.72 Mn |
| 10 | dLocal | 4.32 Bn | 3.50 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 |