Dlocal Ltd income statement

In fiscal 2025, Dlocal Ltd reported revenue of $1.09bn, up 46.6% on the year before, operating income of $220m (a 20.1% margin) and net income of $197m, or $0.65 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Dlocal Ltd: income statement, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Revenue	55	104	244	419	650	746	1,094
Cost of revenue	19	44	114	217	373	451	691
Gross profit	36	60	130	202	277	295	403
Research and development	1	2	3	6	13	26	31
Operating income	18	31	84	128	180	141	220
Interest expense	—	0	0	0	1	1	0
Income before tax	18	31	86	120	179	151	229
Income tax	2	3	8	12	29	31	32
Net income	16	28	78	109	149	120	197
Diluted EPS	$0.05	$0.10	$0.25	$0.35	$0.49	$0.39	$0.65
Diluted shares (average)	275m	285m	309m	313m	303m	305m	302m
EBITDA	18	32	89	136	192	158	246

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Dlocal Ltd's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Dlocal Ltd.