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

dLocal (DLO) Research & Development (2020 - 2026)

dLocal's (DLO) quarterly Research & Development came in at -$9.9 million in Q2 2026, down 104.3% year-over-year from $230.3 million in Q2 2025, and little changed quarter-over-quarter from -$9.9 million in Q1 2026.

Analysis

dLocal (DLO) Research & Development (2020 - 2026) Analysis & Trends

dLocal (DLO) has reported Research & Development for 7 consecutive years, with -$9.9 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Research & Development fell 104.3% year-over-year to -$9.9 million in Q2 2026; TTM through Jun 2026 was -$34.3 million, a 40.15% decrease from a year earlier, with the FY2025 full-year figure at -$26.5 million, down 22.34% from the prior year.
  • Research & Development was -$9.9 million for Q2 2026 at dLocal, roughly flat from -$9.9 million in the prior quarter.
  • Over five years, Research & Development peaked at -$2.8 million in Q1 2022 and troughed at -$9.9 million in Q1 2026.
  • A 5-year average of -$5.5 million and a median of -$4.8 million in 2023 frame the typical range for Research & Development.
  • Across the five-year window, Research & Development slumped 177.55% in 2022 and climbed 4.65% in 2024, its largest moves.
  • Over 5 years, Research & Development stood at -$3.9 million in 2022, then slipped by 21.05% to -$4.7 million in 2023, then decreased by 18.85% to -$5.6 million in 2024, then dropped by 13.27% to -$6.3 million in 2025, then plunged by 56.0% to -$9.9 million in 2026.
  • The last three Research & Development figures came in at -$9.9 million (Q2 2026), -$9.9 million (Q1 2026), and -$6.3 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Block 47.96 Bn 41.53 Bn 3.17 Bn 664.96 Mn
2 PayPal Holdings 46.69 Bn 35.44 Bn - 849.00 Mn
3 Fiserv 26.99 Bn 26.36 Bn 3.59 Bn -
4 Corpay 26.69 Bn 19.68 Bn 1.19 Bn -
5 Global Payments 24.17 Bn 18.76 Bn 2.03 Bn -
6 Wex 6.49 Bn 384.52 Mn 463.80 Mn 112.70 Mn
7 Aci Worldwide 5.27 Bn 5.10 Bn 181.57 Mn 47.90 Mn
8 Paymentus Holdings 4.46 Bn 4.08 Bn 94.31 Mn 33.05 Mn
9 dLocal 4.35 Bn 3.47 Bn 127.15 Mn -9.89 Mn
10 Sezzle 4.00 Bn 3.91 Bn - 4.91 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -9.89 Mn
Mar 31, 2026 -9.92 Mn
Dec 31, 2025 -6.34 Mn
Sep 30, 2025 -8.14 Mn
Jun 30, 2025 -4.84 Mn
Mar 31, 2025 -7.14 Mn
Dec 31, 2024 -5.60 Mn
Sep 30, 2024 -6.89 Mn
Jun 30, 2024 -4.51 Mn
Mar 31, 2024 -4.63 Mn
Dec 31, 2023 -4.71 Mn
Sep 30, 2023 -4.45 Mn
Jun 30, 2023 -3.11 Mn
Mar 31, 2023 -4.86 Mn
Dec 31, 2022 -3.89 Mn
Sep 30, 2022 -3.47 Mn
Jun 30, 2022 -3.13 Mn
Mar 31, 2022 -2.84 Mn
Dec 31, 2021 -2.49 Mn
Sep 30, 2021 -1.26 Mn