dLocal (DLO) Invested Capital (2019 - 2025)
dLocal (DLO) posted quarterly Invested Capital of $567.7 million for Q4 2025, up 434.76% YoY from $106.2 million in Q4 2024, and little changed sequentially from $567.6 million in Q3 2025.
dLocal (DLO) Invested Capital (2019 - 2025) Analysis & Trends
dLocal has disclosed Invested Capital across 7 years of filings, most recently posting $567.7 million for Q4 2025.
- In Q4 2025, Invested Capital rose 434.76% year-over-year to $567.7 million; the TTM figure through Dec 2025 stood at $567.7 million (up 434.76% YoY), while the FY2025 annual figure was $567.7 million, up 434.76% from the prior year.
- Invested Capital steadied at $567.7 million in Q4 2025, from $567.6 million in the prior quarter.
- Over the last five years, Invested Capital for DLO reached as high as $567.7 million in Q4 2025 and fell as low as -$169.6 million in Q4 2024.
- The 5-year median for Invested Capital is $430.7 million (2023), against an average of $388.4 million.
- Annual changes were most pronounced in 2024 — Invested Capital plunged 137.26% — and 2025, when it soared 434.76%.
- A 5-year view of Invested Capital shows it stood at $285.3 million in 2021, then soared by 45.25% to $414.4 million in 2022, then advanced by 9.83% to $455.1 million in 2023, then sank by 137.26% to -$169.6 million in 2024, then soared by 434.76% to $567.7 million in 2025.
- According to Business Quant data, Invested Capital over the past three periods registered $567.7 million, $567.6 million, and $460.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 423.21 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 43.06 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 8.45 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 9.39 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 4.43 Bn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 989.70 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 2.82 Bn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 40.59 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 28.97 Bn |
| 10 | dLocal | 4.27 Bn | 3.55 Bn | 115.80 Mn | 567.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 567.69 Mn |
| Mar 31, 2025 | 20.00 Mn |
| Dec 31, 2024 | -169.58 Mn |
| Dec 31, 2023 | 455.14 Mn |
| Jun 30, 2023 | 100.00 Mn |
| Dec 31, 2022 | 399.62 Mn |
| Sep 30, 2022 | 14.78 Mn |
| Jun 30, 2022 | 14.66 Mn |
| Mar 31, 2022 | 6.08 Mn |
| Dec 31, 2021 | 285.30 Mn |
| Dec 31, 2020 | 190.81 Mn |
| Dec 31, 2019 | 24.53 Mn |