dLocal annual gross margin
2019
2020
2021
2022
2023
2024
2025
dLocal Gross Margin Growth & History (DLO)
dLocal's gross margin was 36.83% for fiscal 2025.
View full dLocal company overviewdLocal annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 36.83% | −2.67 pp |
| 2024 | 2024-12-31 | 39.50% | −3.07 pp |
| 2023 | 2023-12-31 | 42.57% | −5.69 pp |
| 2022 | 2022-12-31 | 48.26% | −5.18 pp |
| 2021 | 2021-12-31 | 53.43% | −4.25 pp |
| 2020 | 2020-12-31 | 57.69% | −7.20 pp |
| 2019 | 2019-12-31 | 64.89% | — |
dLocal quarterly gross margin
Q3.24
Q3.25
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2025 | 2025-09-30 | 36.53% | — |
| Q3 2024 | 2024-09-30 | 42.08% | — |
dLocal gross margin trends
Over the last five reported fiscal years, dLocal's gross margin decreased from 57.69% to 36.83%, a change of −20.86 percentage points. The latest reported quarter, Q3 2025, shows 36.53%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review dLocal filings at SEC.gov ↗