DLocal Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	960.19	745.97	650.35	418.93	244.12	104.14
Revenue Growth (YoY)	31.62%	14.70%	55.24%	71.61%	134.41%	88.36%
Cost of Revenue	589.53	451.3	373.49	216.76	113.68	44.07
Gross Profit	370.66	294.67	276.86	202.17	130.44	60.08
Selling, General & Admin	132.45	122.85	87.69	61.68	46.55	25.04
Research & Development	29.81	25.63	12.65	6.35	3.39	2.01
Other Operating Expenses	7.63	5.7	-3.14	6.23	-3.33	2.09
Total Operating Expenses	169.89	154.17	97.2	74.26	46.61	29.13
Operating Income	199.47	140.5	179.66	127.91	83.84	30.95
Interest Income	45.79	66.88	128.23	18.08	2.54	0.5
Interest Expense	-37.31	-49.7	-116.83	-24.67	-0.54	-0.07
Other Non-Operating Income (Expense)	2.37	3.86	-13.68	-8.66	1.33	0.51
Total Non-Operating Income (Expense)	10.85	21.04	-2.29	-15.25	3.32	0.95
Pretax Income	204.89	151.02	178.51	120.28	85.5	31.42
Provision for Income Taxes	33.93	30.55	29.43	11.59	7.65	3.23
Net Income	170.95	120.42	148.96	108.68	77.88	28.18
Minority Interest in Earnings	0.02	0.05	0.12	0.01	-0.02	0
Net Income to Common	170.95	120.42	148.96	108.68	77.88	28.18
Net Income Growth	43.35%	-19.16%	37.06%	39.56%	176.31%	80.64%
Shares Outstanding (Basic)	287	288	293	296	289	269
Shares Outstanding (Diluted)	300	288	293	296	289	269
Shares Change (YoY)	-0.95%	-1.47%	-1.01%	2.22%	7.71%	-
EPS (Basic)	0.60	0.42	0.51	0.37	0.27	0.10
EPS (Diluted)	0.56	0.39	0.49	0.35	0.25	0.10
EPS Growth	40.00%	-20.41%	40.00%	40.00%	150.00%	100.00%
Free Cash Flow	372.9	-38.58	597.42	316.78	224.84	178.25
Free Cash Flow Growth	-	-	88.59%	40.89%	26.14%	182.92%
Free Cash Flow Per Share	1.24	-0.13	2.04	1.07	0.78	0.66
Gross Margin	38.60%	39.50%	42.57%	48.26%	53.43%	57.69%
Operating Margin	20.77%	18.83%	27.62%	30.53%	34.34%	29.71%
Profit Margin	14.71%	16.15%	22.92%	25.95%	31.89%	27.07%
FCF Margin	38.84%	-5.17%	91.86%	75.62%	92.10%	171.16%
EBITDA	222.09	157.9	191.88	136.06	88.59	31.94
EBITDA Margin	23.13%	21.17%	29.50%	32.48%	36.29%	30.67%
EBIT	199.47	140.5	179.66	127.91	83.84	30.95
EBIT Margin	20.77%	18.83%	27.62%	30.53%	34.34%	29.71%
Effective Tax Rate	16.56%	20.23%	16.48%	9.63%	8.94%	10.28%

Updated Nov 12, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q