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Dlocal vs Tenable Holdings

Dlocal and Tenable Holdings are similar in size: $1.09bn and $999m of revenue in their latest fiscal years. Dlocal grew faster (46.6% against 11.0%). Dlocal kept more of each dollar of sales as profit: a net margin of 18.0% against -3.6%.

Latest fiscal yearDlocalDLO, 2025Tenable HoldingsTENB, 2025
Revenue $1.09bn $999m
Revenue growth 46.6% 11.0%
Net income $197m −$36.1m
Operating margin 20.1% —
Net margin 18.0% -3.6%
Return on equity 37.2% -9.9%
Free cash flow $413m $255m
Cash $720m $188m
Total debt $86.7m $360m
Debt to equity 15.2% —
Dividend per share — —
Dividend yield 3.8% —
Share buybacks — $247m
Employees — 1,995
Market value $3.98bn $5.36bn
Price vs our value range Below our value range Above our value range
Moat score — 58 (Moderate)
Insider trades, 12 months 1 buys, 4 sales 3 buys, 7 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.