DLocal Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	1,094	745.97	650.35	418.93	244.12
Revenue Growth (YoY)	46.60%	14.70%	55.24%	71.61%	134.41%
Cost of Revenue	690.83	451.3	373.49	216.76	113.68
Gross Profit	402.76	294.67	276.86	202.17	130.44
Selling, General & Admin	145.23	122.85	87.69	61.68	46.55
Research & Development	30.71	25.63	12.65	6.35	3.39
Other Operating Expenses	6.9	5.7	-3.14	6.23	-3.33
Total Operating Expenses	182.84	154.17	97.2	74.26	46.61
Operating Income	219.92	140.5	179.66	127.91	83.84
Interest Income	40.8	66.88	128.23	18.08	2.54
Interest Expense	-27.86	-49.7	-116.83	-24.67	-0.54
Other Non-Operating Income (Expense)	12.94	17.17	11.39	-6.59	2
Total Non-Operating Income (Expense)	25.89	34.35	22.79	-13.18	3.99
Pretax Income	228.65	151.02	178.51	120.28	85.5
Provision for Income Taxes	31.75	30.55	29.43	11.59	7.65
Net Income	196.8	120.42	148.96	108.68	77.88
Minority Interest in Earnings	-	-	-	0.01	-0.02
Net Income to Common	196.8	120.42	148.96	108.68	77.88
Net Income Growth	63.43%	-19.16%	37.06%	39.56%	176.31%
Shares Outstanding (Basic)	291	290	292	296	287
Shares Outstanding (Diluted)	302	305	303	313	309
Shares Change (YoY)	-1.11%	0.72%	-3.25%	1.36%	8.46%
EPS (Basic)	0.68	0.42	0.51	0.37	0.27
EPS (Diluted)	0.65	0.39	0.49	0.35	0.25
EPS Growth	66.67%	-20.41%	40.00%	40.00%	150.00%
Shares Outstanding	294.93	285.48	295.99	295.99	295.03
Free Cash Flow	413.18	-34.49	292.49	153.46	106.54
Free Cash Flow Growth	-	-	90.59%	44.05%	21.60%
Free Cash Flow Per Share	1.37	-0.11	0.97	0.49	0.34
Dividends Per Share	0.194	-	-	-	-
Gross Margin	36.83%	39.50%	42.57%	48.26%	53.43%
Operating Margin	20.11%	18.83%	27.62%	30.53%	34.34%
Profit Margin	18.01%	16.15%	22.92%	25.95%	31.89%
FCF Margin	37.78%	-4.62%	44.97%	36.63%	43.64%
EBITDA	246.18	157.9	191.88	136.06	88.59
EBITDA Margin	22.51%	21.17%	29.50%	32.48%	36.29%
EBIT	219.92	140.5	179.66	127.91	83.84
EBIT Margin	20.11%	18.83%	27.62%	30.53%	34.34%
Effective Tax Rate	13.89%	20.23%	16.48%	9.63%	8.94%

Updated Mar 18, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q