dLocal (DLO) Invested Capital (2019 - 2025)
dLocal (DLO) reported Invested Capital of $567.7 million for Q4 2025, up 434.76% year-over-year from $106.2 million in Q4 2024, and little changed quarter-over-quarter from $567.6 million in Q3 2025.
dLocal (DLO) Invested Capital (2019 - 2025) Analysis & Trends
dLocal (DLO) has 7 years of Invested Capital data on file, last reported at $567.7 million in Q4 2025.
- Invested Capital for Q4 2025 came in at $567.7 million, up 434.76% year-over-year; the trailing twelve-month figure through Dec 2025 was $567.7 million (up 434.76% YoY), and the FY2025 annual result was $567.7 million, up 434.76% from the prior year.
- Invested Capital was little changed at $567.7 million in Q4 2025 per DLO's latest filing, from $567.6 million in the prior quarter.
- Over five years, Invested Capital peaked at $567.7 million in Q4 2025 and troughed at -$169.6 million in Q4 2024.
- A 5-year average of $389.9 million and a median of $430.7 million in 2023 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2021 and 2024: Invested Capital soared 681.84% in 2021, then slumped 137.26% in 2024.
- A 5-year view of Invested Capital shows it stood at $285.3 million in 2021, then surged by 40.07% to $399.6 million in 2022, then advanced by 13.89% to $455.1 million in 2023, then tumbled by 137.26% to -$169.6 million in 2024, then soared by 434.76% to $567.7 million in 2025.
- Business Quant data shows DLO's Invested Capital at $567.7 million in Q4 2025, $567.6 million in Q3 2025, and $504.8 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 423.21 Bn |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | - |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 38.50 Bn |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 8.45 Bn |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 9.39 Bn |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 4.43 Bn |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 989.70 Mn |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 40.59 Bn |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | 2.82 Bn |
| 10 | dLocal | 3.47 Bn | 2.75 Bn | 115.80 Mn | 567.69 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 567.69 Mn |
| Sep 30, 2025 | 567.61 Mn |
| Jun 30, 2025 | 504.77 Mn |
| Mar 31, 2025 | 565.08 Mn |
| Dec 31, 2024 | -169.58 Mn |
| Sep 30, 2024 | 473.65 Mn |
| Jun 30, 2024 | 442.29 Mn |
| Mar 31, 2024 | 476.62 Mn |
| Dec 31, 2023 | 455.14 Mn |
| Sep 30, 2023 | 430.72 Mn |
| Jun 30, 2023 | 488.91 Mn |
| Mar 31, 2023 | 402.04 Mn |
| Dec 31, 2022 | 399.62 Mn |
| Sep 30, 2022 | 377.76 Mn |
| Jun 30, 2022 | 343.09 Mn |
| Mar 31, 2022 | 310.17 Mn |
| Dec 31, 2021 | 285.30 Mn |
| Sep 30, 2021 | 254.87 Mn |
| Jun 30, 2021 | 232.93 Mn |
| Dec 31, 2020 | 190.81 Mn |