dLocal (DLO) Operating Expenses (2020 - 2025)

dLocal (DLO) has 6 years of Operating Expenses data on file, last reported at -$46.9 million in Q4 2025.

• Operating Expenses for Q4 2025 came in at -$46.9 million, down 38.03% year-over-year; the trailing twelve-month figure through Dec 2025 was -$149.5 million (down 17.84% YoY), and the FY2025 annual result was -$149.5 million, down 17.84% from the prior year.
• Operating Expenses retreated to -$46.9 million in Q4 2025 per DLO's latest filing, from -$37.1 million in the prior quarter.
• Over five years, Operating Expenses peaked at -$6.2 million in Q1 2021 and troughed at -$46.9 million in Q4 2025.
• A 5-year average of -$22.9 million and a median of -$20.5 million in 2023 frame the typical range for Operating Expenses.
• The sharpest annual moves came in 2021 and 2022: Operating Expenses plunged 361.57% in 2021, then increased 23.45% in 2022.
• A 5-year view of Operating Expenses shows it stood at -$11.7 million in 2021, then sank by 63.21% to -$19.1 million in 2022, then retreated by 29.29% to -$24.7 million in 2023, then plunged by 37.87% to -$34.0 million in 2024, then slumped by 38.03% to -$46.9 million in 2025.
• Business Quant data shows DLO's Operating Expenses at -$46.9 million in Q4 2025, -$37.1 million in Q3 2025, and -$34.4 million in Q2 2025.