dLocal (DLO) Operating Income (2020 - 2025)
dLocal (DLO) posted quarterly Operating Income of $62.7 million for Q4 2025, up 48.38% YoY from $42.3 million in Q4 2024, and up 12.82% sequentially from $55.6 million in Q3 2025.
dLocal (DLO) Operating Income (2020 - 2025) Analysis & Trends
dLocal has disclosed Operating Income across 6 years of filings, most recently posting $62.7 million for Q4 2025.
- In Q4 2025, Operating Income rose 48.38% year-over-year to $62.7 million; the TTM figure through Dec 2025 stood at $219.9 million (up 56.52% YoY), while the FY2025 annual figure was $219.9 million, up 56.52% from the prior year.
- Operating Income improved to $62.7 million in Q4 2025, from $55.6 million in the prior quarter.
- Over the last five years, Operating Income for DLO reached as high as $62.7 million in Q4 2025 and fell as low as $18.8 million in Q1 2021.
- The 5-year median for Operating Income is $38.3 million (2022), against an average of $37.6 million.
- Annual changes were most pronounced in 2021 — Operating Income jumped 141.73% — and 2024, when it slumped 36.79%.
- A 5-year view of Operating Income shows it stood at $24.6 million in 2021, then increased by 7.88% to $26.5 million in 2022, then soared by 54.71% to $41.0 million in 2023, then rose by 3.09% to $42.3 million in 2024, then jumped by 48.38% to $62.7 million in 2025.
- According to Business Quant data, Operating Income over the past three periods registered $62.7 million, $55.6 million, and $55.8 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 38.40 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 6.13 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 754.00 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 397.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 13.79 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 580.00 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -61.99 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 203.05 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -171.99 Mn |
| 10 | dLocal | 4.27 Bn | 3.55 Bn | 115.80 Mn | 62.72 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 62.72 Mn |
| Sep 30, 2025 | 55.59 Mn |
| Jun 30, 2025 | 55.77 Mn |
| Mar 31, 2025 | 45.85 Mn |
| Dec 31, 2024 | 42.27 Mn |
| Sep 30, 2024 | 41.14 Mn |
| Jun 30, 2024 | 30.20 Mn |
| Mar 31, 2024 | 26.90 Mn |
| Dec 31, 2023 | 41.00 Mn |
| Sep 30, 2023 | 51.53 Mn |
| Jun 30, 2023 | 47.77 Mn |
| Mar 31, 2023 | 39.36 Mn |
| Dec 31, 2022 | 26.50 Mn |
| Sep 30, 2022 | 37.23 Mn |
| Jun 30, 2022 | 35.09 Mn |
| Mar 31, 2022 | 29.09 Mn |
| Dec 31, 2021 | 24.57 Mn |
| Sep 30, 2021 | 21.57 Mn |
| Jun 30, 2021 | 18.92 Mn |
| Mar 31, 2021 | 18.79 Mn |