dLocal (DLO) Net Margin (2020 - 2026)
dLocal's (DLO) quarterly Net Margin came in at 13.67% in Q2 2026, down 302.0% year-over-year from 6.77% in Q2 2025, and down 99.89% quarter-over-quarter from 12497.56% in Q1 2026.
Analysis
dLocal (DLO) Net Margin (2020 - 2026) Analysis & Trends
dLocal (DLO) has reported Net Margin for 7 consecutive years, with 13.67% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin fell 302.0% year-over-year to 13.67% in Q2 2026; TTM through Jun 2026 was 3107.65%, a 230411.0% decrease from a year earlier, with the FY2025 full-year figure at 18.0%, up 185.0% from the prior year.
- Net Margin was 13.67% for Q2 2026 at dLocal, down from 12497.56% in the prior quarter.
- Over five years, Net Margin peaked at 21512.52% in Q1 2025 and troughed at 9.6% in Q1 2024.
- A 5-year average of 1907.76% and a median of 21.47% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin surged 2150292 bps in 2025 and slumped 901497 bps in 2026, its largest moves.
- Over 5 years, Net Margin stood at 16.34% in 2022, then dropped by 7 bps to 15.17% in 2023, then decreased by 4 bps to 14.52% in 2024, then climbed by 13 bps to 16.44% in 2025, then dropped by 17 bps to 13.67% in 2026.
- The last three Net Margin figures came in at 13.67% (Q2 2026), 12497.56% (Q1 2026), and 16.44% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 48.00 Bn | 41.58 Bn | 3.17 Bn | 1.32% |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | 12.72% |
| 3 | Fiserv | 27.20 Bn | 26.57 Bn | 3.59 Bn | 11.70% |
| 4 | Corpay | 26.90 Bn | 19.90 Bn | 1.19 Bn | 18.81% |
| 5 | Global Payments | 24.38 Bn | 18.97 Bn | 2.03 Bn | 0.22% |
| 6 | Wex | 6.49 Bn | 390.77 Mn | 463.80 Mn | 14.41% |
| 7 | Aci Worldwide | 5.19 Bn | 5.03 Bn | 181.57 Mn | 7.39% |
| 8 | Paymentus Holdings | 4.43 Bn | 4.06 Bn | 94.31 Mn | 7.09% |
| 9 | dLocal | 4.39 Bn | 3.51 Bn | 127.15 Mn | 13.67% |
| 10 | Sezzle | 4.02 Bn | 3.94 Bn | - | 27.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.67% |
| Mar 31, 2026 | 12,497.56% |
| Dec 31, 2025 | 16.44% |
| Sep 30, 2025 | 18.35% |
| Jun 30, 2025 | 16.69% |
| Mar 31, 2025 | 21,512.52% |
| Dec 31, 2024 | 14.52% |
| Sep 30, 2024 | 14.42% |
| Jun 30, 2024 | 27.00% |
| Mar 31, 2024 | 9.60% |
| Dec 31, 2023 | 15.17% |
| Sep 30, 2023 | 24.59% |
| Jun 30, 2023 | 27.74% |
| Mar 31, 2023 | 25.82% |
| Dec 31, 2022 | 16.34% |
| Sep 30, 2022 | 29.02% |
| Jun 30, 2022 | 30.22% |
| Mar 31, 2022 | 30.06% |
| Dec 31, 2021 | 30.93% |
| Sep 30, 2021 | 28.64% |