Brazil was dLocal’s largest region in fiscal 2025, bringing in $207.19M of $770.76M (27%).
| 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 | |||
| Latin America | — | — | — | — | |||
| Egypt | $6.98M | $36.66M | $93.95M | $59.74M | |||
| Chile | $52.46M | — | — | — | |||
| Nigeria | $33.81M | — | — | — | |||
| Asia & Africa | — | — | — | — | |||
| Total | $355.63M | $508.63M | $570.45M | $770.76M |
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.
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%).
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.
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.
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.
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.