dLocal (DLO) Company Report

DLocal achieved a record third quarter 2025, with Total Payment Volume (TPV) exceeding $10 billion, representing a 59% year-over-year increase (66% on a constant currency basis).
The company reported gross profit of $103 million, up 32% year over year, and adjusted EBITDA of $72 million, which was 70% of gross profit.
Net Retention of Revenue (NRR) increased to 149%.
DLocal launched new products, including Buy Now Pay Later Fuse in six countries and expanded its APM on file capabilities to 27 local payment methods across 16 countries.
The company reiterated its guidance for the year, expecting TPV to exceed the high end of the previous range, revenue to track around the upper limit, and gross profit and adjusted EBITDA to be between the midpoint and upper level.

Nov 12, 2025, 10:00 PM

DLO Reports Record Q3 2025 Financial Results

DLO

Earnings

Revenue Acceleration/Inflection

Guidance Update

DLO achieved a record-setting Q3 2025, with Total Payment Volume (TPV) reaching $10.4 billion, a 59% year-over-year increase.
Revenue grew 52% year-over-year to $282 million, and Gross Profit surpassed $100 million for the first time, reaching $103 million, up 32% year-over-year.
Net income increased 93% year-over-year to $52 million, resulting in diluted EPS of $0.17.
Adjusted EBITDA rose 37% year-over-year to $72 million, and Adjusted Free Cash Flow generated was $38 million.
The company reported strong client retention with a net revenue retention rate of 149% for the quarter.

Nov 12, 2025, 10:00 PM

dLocal Reports Record-Setting Q3 2025 Financial Results

DLO

Earnings

Revenue Acceleration/Inflection

Share Buyback

dLocal Limited reported Q3 2025 revenue of US$282.5 million, marking a 52% year-over-year increase.
Total Payment Volume (TPV) reached a record US$10.4 billion in Q3 2025, growing 59% year-over-year.
Gross profit for Q3 2025 was US$103.2 million, up 32% year-over-year, surpassing US$100 million for the first time.
Net income for Q3 2025 increased 93% year-over-year to US$51.8 million, with diluted earnings per share of US$0.17.

Nov 12, 2025, 9:06 PM

dLocal Announces Record Q3 2025 Financial Performance

DLO

Earnings

Revenue Acceleration/Inflection

dLocal reported a record Total Payment Volume (TPV) of US$10.4 billion in the third quarter ended September 30, 2025, representing a 59% year-over-year increase.
Revenue for the quarter reached US$282.5 million, demonstrating 52% year-over-year growth.
Gross profit surpassed US$100 million for the first time, reaching US$103.2 million, an increase of 32% year-over-year.
Adjusted EBITDA increased 37% year-over-year to US$71.7 million, and Net income grew 93% year-over-year to US$51.8 million, resulting in US$0.17 diluted EPS for Q3 2025.

Nov 12, 2025, 9:05 PM

DLocal Announces Secondary Offering

DLO

DLocal Limited announced the commencement of an underwritten registered secondary offering of Class A common shares.
The offering involves 15,000,000 Class A common shares being sold by an entity associated with General Atlantic.
DLocal Limited is not selling any shares in this offering and will not receive any proceeds from it.
The Selling Shareholder plans to grant the underwriters a 30-day option to purchase up to an additional 2,250,000 Class A common shares.
The underwriting group is led by J.P. Morgan, Goldman Sachs & Co. LLC, and Morgan Stanley, with BTG Pactual and Citigroup also acting as joint bookrunners.

Sep 3, 2025, 9:11 PM

dLocal Ltd. Reports Strong Financial Performance for Six-Month Period Ended June 30, 2025

DLO

Earnings

Revenue Acceleration/Inflection

M&A

dLocal Ltd. reported revenues of US$473.2 million, a 33.0% increase, and profit for the period of US$89.5 million, a 39.9% increase, for the six-month period ended June 30, 2025, compared to the same period in 2024.
Total Payments Volume (TPV) grew 53% year-over-year to US$17.3 billion, and Adjusted EBITDA reached US$128.0 million with an Adjusted EBITDA Margin of 27.0% for the six-month period ended June 30, 2025.
As of June 30, 2025, the company held US$476.9 million in cash and cash equivalents.
Recent developments include the intention to acquire AZA Finance, involving a US$23.2 million credit facility, which may be restructured due to a third-party complaint. The company is also considering legal action against a third-party payment processor for a failed US$8.3 million installment payment due on June 30, 2025.