dLocal (DLO) Invested Capital (2021 - 2026)
dLocal's Invested Capital was $669.51 million in Q2 2026, up 11.2% from $602.01 million a year earlier and up 1.4% from the prior quarter.
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Analysis
dLocal (DLO) Invested Capital (2021 - 2026) Analysis & Trends
For FY2025, Invested Capital at dLocal came in at $743.06 million, up 26.0% from FY2024.
- Invested Capital has now increased for four consecutive years, with a four-year compound annual growth rate of 27.0% (FY2021 to FY2025).
- In earlier years, Invested Capital was $589.8 million in FY2024 (+29.6%), $455.14 million in FY2023 (+13.9%), $399.62 million in FY2022 (+40.1%) and $285.3 million in FY2021.
- Quarterly Invested Capital has moved between $285.3 million (Q4 2021) and $743.06 million (Q4 2025) over five years.
- Compared with a year earlier, Invested Capital has increased for four straight quarters, with growth averaging 19.4% over the last five quarters.
- Across the past five years, year-over-year growth in Invested Capital ran from 10.1% in Q1 2026 to 40.1% in Q4 2022.
- Per Business Quant data, DLO's Invested Capital in the three quarters before Q2 2026 was $660.28 million (Q1 2026), $743.06 million (Q4 2025) and $567.74 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 30.17 Bn |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | 32.96 Bn |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | 20.64 Bn |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | 48.15 Bn |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | 14.58 Bn |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | 47.47 Bn |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | 1.87 Bn |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 2.09 Bn |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | 1.64 Bn |
| 10 | dLocal | 4.06 Bn | 758.60 Mn | 127.15 Mn | 669.51 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 669.51 Mn |
| Mar 31, 2026 | 660.28 Mn |
| Dec 31, 2025 | 743.06 Mn |
| Sep 30, 2025 | 567.74 Mn |
| Jun 30, 2025 | 602.01 Mn |
| Mar 31, 2025 | 599.45 Mn |
| Dec 31, 2024 | 589.80 Mn |
| Sep 30, 2024 | 473.78 Mn |
| Dec 31, 2023 | 455.14 Mn |
| Jun 30, 2023 | 489.00 Mn |
| Dec 31, 2022 | 399.62 Mn |
| Sep 30, 2022 | 392.53 Mn |
| Jun 30, 2022 | 357.86 Mn |
| Mar 31, 2022 | 316.21 Mn |
| Dec 31, 2021 | 285.30 Mn |
API Access
dLocal Invested Capital 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=invested-capital&ticker=DLO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=DLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();