dLocal (DLO) Operating Expenses (2020 - 2026)
dLocal (DLO) posted Operating Expenses of -$49.76 million for Q2 2026, compared with -$34.38 million a year earlier.
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Analysis
dLocal (DLO) Operating Expenses (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Expenses at dLocal was -$188.55 million; for FY2025, it came in at -$149.48 million.
- In prior years, dLocal's Operating Expenses was -$126.85 million in FY2024, -$83.22 million in FY2023, -$54.69 million in FY2022 and -$44.02 million in FY2021.
- Quarterly Operating Expenses has run from a low of -$54.78 million in Q1 2026 to a high of -$10.74 million in Q2 2022 over five years.
- According to Business Quant data, Operating Expenses for the three prior quarters was -$54.78 million (Q1 2026), -$46.94 million (Q4 2025) and -$37.07 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 1.33 Bn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 7.26 Bn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 2.72 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 128.25 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 260.40 Mn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 4.28 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 2.98 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 52.67 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 207.36 Mn |
| 10 | dLocal | 4.08 Bn | 769.99 Mn | 127.15 Mn | -49.76 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -49.76 Mn |
| Mar 31, 2026 | -54.78 Mn |
| Dec 31, 2025 | -46.94 Mn |
| Sep 30, 2025 | -37.07 Mn |
| Jun 30, 2025 | -34.38 Mn |
| Mar 31, 2025 | -31.09 Mn |
| Dec 31, 2024 | -34.01 Mn |
| Sep 30, 2024 | -29.57 Mn |
| Jun 30, 2024 | -33.48 Mn |
| Mar 31, 2024 | -29.80 Mn |
| Dec 31, 2023 | -24.67 Mn |
| Sep 30, 2023 | -21.07 Mn |
| Jun 30, 2023 | -19.91 Mn |
| Mar 31, 2023 | -17.57 Mn |
| Dec 31, 2022 | -19.08 Mn |
| Sep 30, 2022 | -13.18 Mn |
| Jun 30, 2022 | -10.74 Mn |
| Mar 31, 2022 | -11.70 Mn |
| Dec 31, 2021 | -11.71 Mn |
| Sep 30, 2021 | -11.80 Mn |
API Access
dLocal Operating Expenses 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=operating-expenses&ticker=DLO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "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=operating-expenses&ticker=DLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();