dLocal (DLO) Payables (2020 - 2025)
dLocal's (DLO) quarterly Payables came in at $854.4 million in Q4 2025, up 40.42% year-on-year from $608.5 million in Q4 2024, and up 4.62% on a QoQ basis from $816.7 million in Q3 2025.
dLocal (DLO) Payables (2020 - 2025) Analysis & Trends
dLocal (DLO) has 6 years of Payables data on file, last reported at $854.4 million in Q4 2025.
- On a quarterly basis, Payables rose 40.42% year-over-year to $854.4 million in Q4 2025; TTM through Dec 2025 was $854.4 million, a 40.42% increase from a year earlier, with the FY2025 full-year figure at $854.4 million, up 40.42% from the prior year.
- Payables for Q4 2025 stood at $854.4 million, up from $816.7 million in the prior quarter.
- Over the last five years, Payables for DLO reached as high as $854.4 million in Q4 2025 and fell as low as $244.5 million in Q3 2021.
- Historically, Payables has averaged $532.2 million across 5 years, with a median of $598.0 million in 2023.
- Across the five-year window, Payables jumped 97.51% in 2021 and decreased 5.54% in 2025, its largest moves.
- Year by year, Payables stood at $282.2 million in 2021, then jumped by 44.55% to $407.9 million in 2022, then surged by 47.72% to $602.5 million in 2023, then rose by 0.99% to $608.5 million in 2024, then jumped by 40.42% to $854.4 million in 2025.
- Per Business Quant data, the three most recent Payables figures were $854.4 million in Q4 2025, $816.7 million in Q3 2025, and $691.1 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 38.14 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 611.56 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 18.18 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | 25.18 Mn |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 495.96 Mn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 262.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 105.32 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 238.70 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 58.84 Mn |
| 10 | dLocal | 4.32 Bn | 3.50 Bn | 115.80 Mn | 854.44 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 854.44 Mn |
| Sep 30, 2025 | 816.73 Mn |
| Jun 30, 2025 | 691.08 Mn |
| Mar 31, 2025 | 614.13 Mn |
| Dec 31, 2024 | 608.47 Mn |
| Sep 30, 2024 | 669.61 Mn |
| Jun 30, 2024 | 719.10 Mn |
| Mar 31, 2024 | 650.18 Mn |
| Dec 31, 2023 | 602.49 Mn |
| Sep 30, 2023 | 549.84 Mn |
| Jun 30, 2023 | 598.01 Mn |
| Mar 31, 2023 | 449.25 Mn |
| Dec 31, 2022 | 407.87 Mn |
| Sep 30, 2022 | 423.61 Mn |
| Jun 30, 2022 | 335.58 Mn |
| Mar 31, 2022 | 346.78 Mn |
| Dec 31, 2021 | 282.17 Mn |
| Sep 30, 2021 | 244.48 Mn |
| Jun 30, 2021 | 247.06 Mn |
| Dec 31, 2020 | 142.87 Mn |