dLocal DLO
NASDAQ DLO
$14.97 -0.55 (-3.54%)
As of: Sep 8, 2026 · 3:59 PM EDT

dLocal (DLO) Operating Expenses (2020 - 2026)

dLocal's (DLO) quarterly Operating Expenses came in at -$46.4 million in Q2 2026, down 57.85% year-over-year from -$110.0 million in Q2 2025, and up 11.11% quarter-over-quarter from -$52.1 million in Q1 2026.

Analysis

dLocal (DLO) Operating Expenses (2020 - 2026) Analysis & Trends

dLocal (DLO) has reported Operating Expenses for 7 consecutive years, with -$46.4 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 57.85% year-over-year to -$46.4 million in Q2 2026; TTM through Jun 2026 was -$181.0 million, a 48.46% decrease from a year earlier, with the FY2025 full-year figure at -$140.5 million, down 18.96% from the prior year.
  • Operating Expenses was -$46.4 million for Q2 2026 at dLocal, up from -$52.1 million in the prior quarter.
  • Over five years, Operating Expenses peaked at -$12.2 million in Q2 2022 and troughed at -$52.1 million in Q1 2026.
  • A 5-year average of -$28.3 million and a median of -$28.3 million in 2024 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses gained 13.7% in 2022 and tumbled 68.01% in 2026, its largest moves.
  • Over 5 years, Operating Expenses stood at -$21.4 million in 2022, then slipped by 18.67% to -$25.4 million in 2023, then retreated by 26.21% to -$32.0 million in 2024, then sank by 44.24% to -$46.1 million in 2025, then declined by 0.44% to -$46.4 million in 2026.
  • The last three Operating Expenses figures came in at -$46.4 million (Q2 2026), -$52.1 million (Q1 2026), and -$46.1 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Block 47.96 Bn 41.53 Bn 3.17 Bn 2.72 Bn
2 PayPal Holdings 46.69 Bn 35.44 Bn - 7.26 Bn
3 Fiserv 26.99 Bn 26.36 Bn 3.59 Bn 4.28 Bn
4 Corpay 26.69 Bn 19.68 Bn 1.19 Bn 260.40 Mn
5 Global Payments 24.17 Bn 18.76 Bn 2.03 Bn 2.98 Bn
6 Wex 6.49 Bn 384.52 Mn 463.80 Mn 233.50 Mn
7 Aci Worldwide 5.27 Bn 5.10 Bn 181.57 Mn 385.77 Mn
8 Paymentus Holdings 4.46 Bn 4.08 Bn 94.31 Mn 61.69 Mn
9 dLocal 4.35 Bn 3.47 Bn 127.15 Mn -46.35 Mn
10 Sezzle 4.00 Bn 3.91 Bn - 94.72 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -46.35 Mn
Mar 31, 2026 -52.14 Mn
Dec 31, 2025 -46.15 Mn
Sep 30, 2025 -36.36 Mn
Jun 30, 2025 -29.37 Mn
Mar 31, 2025 -31.04 Mn
Dec 31, 2024 -32.00 Mn
Sep 30, 2024 -29.53 Mn
Jun 30, 2024 -30.03 Mn
Mar 31, 2024 -27.14 Mn
Dec 31, 2023 -25.35 Mn
Sep 30, 2023 -21.83 Mn
Jun 30, 2023 -20.37 Mn
Mar 31, 2023 -20.14 Mn
Dec 31, 2022 -21.36 Mn
Sep 30, 2022 -14.96 Mn
Jun 30, 2022 -12.22 Mn
Mar 31, 2022 -13.14 Mn
Dec 31, 2021 -13.05 Mn
Sep 30, 2021 -11.92 Mn