dLocal DLO Revenue Breakdown

NASDAQ DLO
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At close: Sep 29, 2026 · 4:00 PM EDT
Annual revenue breakdowns for dLocal, fiscal 2019 to 2025, as reported in its filings.
Annual history

dLocal Revenue by Geography

Years FY 2019–2025
Lines 5
FY 2025 Total $770.76M

Brazil was dLocal’s largest region in fiscal 2025, bringing in $207.19M of $770.76M (27%).

dLocal revenue by geography, fiscal 2019 to 2025
Geography FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Other Countries $32.78M $121.01M $89.84M $159.71M
Brazil $84.03M $159.00M $151.96M $207.19M
Mexico $68.00M $116.84M $149.25M $183.04M
Argentina $77.58M $75.13M $85.45M $161.09M
Egypt $6.98M $36.66M $93.95M $59.74M
Total $355.63M $508.63M $570.45M $770.76M
Totals include 4 discontinued lines from earlier reporting.

dLocal revenue by geography: what the figures show

dLocal brought in $770.76M from its five regions in fiscal 2025, the year ended December 31, 2025. That was up 35.1% from $570.45M in fiscal 2024. Brazil was the largest at $207.19M (26.9%), ahead of Mexico at $183.04M (23.7%) and Argentina at $161.09M (20.9%). The other two regions brought in $219.45M combined.

Compared with fiscal 2024, Argentina grew fastest, up 88.5% to $161.09M, while Egypt fell the most, down 36.4% to $59.74M.

dLocal stopped reporting Chile ($52.46M in fiscal 2022) and Nigeria ($33.81M in fiscal 2022) as separate regions.

Questions

dLocal Revenue Breakdown FAQ

How does dLocal make money?

dLocal (DLO) reports its revenue by geography. In fiscal 2025, Brazil was its largest region, bringing in $207.19M (26.9% of the total), followed by Mexico at $183.04M (23.7%).

What is dLocal's largest region?

Brazil was dLocal's largest region in fiscal 2025, bringing in $207.19M, or 26.9% of the $770.76M total across its five regions.

Which dLocal region is growing the fastest?

Among dLocal's regions that make up at least 2% of revenue, Argentina grew fastest in fiscal 2025, up 88.5% from $85.45M to $161.09M.

Where does this revenue breakdown data come from?

Every figure comes from dLocal's annual financial filings, as reported. Each line keeps the name dLocal gives it, and years follow its fiscal calendar.

How far back does dLocal's revenue breakdown go?

dLocal's revenue by geography goes back to fiscal 2019, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.