# DLocal Limited share price today (DLocal Limited, DLO)

> DLocal Limited's results are improving, while its P/E is near the low end of its own history over 4.6 years, higher than only 12% of past readings. DLO · Technology · Software - Infrastructure · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/dlo

Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms

## Key numbers

- Business trend: Getting better, from the last 12 quarters
- Price: $13.18 (−10.0% in a year)
- P/E: 19.4× (lower than 88% of the last 4.6 years)
- Revenue (Jun 2026): $400 M (+55.8% on a year ago)
- Profit (Jun 2026): $54.6 M (+27.6% on a year ago)
- Operating margin: 16.1% (−5.6 points on a year ago)
- ROE: 35%, FY25
- ROIC: 26.3%, against a 8.7% cost of capital: +17.6 points

The main question: yearly earnings per share moved +66.7% while the share price moved −10.0%. ## What is the DLocal Limited share price today? DLocal Limited's share price was $13.18 at the close on 3 November 2026. It has been moving sideways for 2 weeks. That is 2.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between $11 and $16, and at that close it sat 48% of the way up from that low. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 2 weeks running. Over the last 5.4 years the share price moved −62% while the S&P 500 moved +79%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does DLocal Limited pay? DLocal Limited has 1 quarter of declared dividends on file, too few for a 12-month total. The most recent declaration was $0.19 for Dec 2025. DLocal Limited declared a dividend in 1 of the last 12 reported quarters, most recently $0.19 for Dec 2025. That is fewer than four quarters, so no 12-month total is shown. ## Which stock lists is DLocal Limited on? DLocal Limited is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is DLocal Limited profitable? DLocal Limited earned $54.6 M of net profit in the Jun 2026 quarter, +27.6% on the same quarter a year earlier. Full-year FY25 profit was $197 M. Over 4 years profit has grown 26.1% a year on average. That is 13.7% of the quarter's revenue. The same quarter a year earlier earned $42.8 M. For the full year, FY25 profit was $197 M (+63.4% on the year before). Why profit moved: revenue changed +55.8% on a year earlier and the margin moved −5.6 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +49.5% and revenue +57.0%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does DLocal Limited make, and is it growing? DLocal Limited reported $400 M of revenue in the Jun 2026 quarter, +55.8% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 45.5% a year on average. The last full year, FY25, came in at $1.1 B. The last four reported quarters add to $1.4 B. FY25 revenue was $1.1 B, +46.6% on the year before. Recent pace: the last four quarters grew +57.0% on average, against 45.5% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +57.0%, against +38.4% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +39.8%, against +23.9% a year (accelerating). ## How much of every $100 of sales does DLocal Limited keep? DLocal Limited's operating margin was 16.1% in the Jun 2026 quarter, 5.6 percentage points lower than the same quarter a year ago. Across 5 years it has been between 18.8% and 33.4%. The latest quarter is below every full year in that period. Why the margin moved: operating margin changed −5.6 percentage points on the year while gross margin changed −6.8 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is DLocal Limited's profit turning into cash? Over the last 3 years, 145% of DLocal Limited's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $415 M of operating cash against $197 M of profit. After $2.3 M of spending on assets, $413 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does DLocal Limited's cash go? DLocal Limited does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $5.0 M on assets over the last 3 years. Averaged over those years that is 0.2% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $5.0 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is DLocal Limited's P/E ratio, and how does it compare with its own history? DLocal Limited's P/E is 19.4×, near the low end of its own history: it has been lower only 12% of the time. Its usual P/E (the middle reading) is 29.7×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved +66.7% while the price moved −10.0%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved −10.5% a year; about +14.0% a year came from earnings growth and about −24.5 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the DLocal Limited business getting better or worse? DLocal Limited's business is getting better. Profit growth hit its low 6 quarters ago at −14.7% and has recovered to +39.8%, with ROCE rising at 46.9%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## How much does DLocal Limited earn on its capital? DLocal Limited earned a ROE of 35% in FY25. That is up from a low of 25% in FY24. Its return on capital used (ROIC) is 17.6 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 18.0% net margin and 0.71× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 18.0% net margin × 0.71× asset turnover × 2.71× leverage (assets divided by equity) ≈ 34.6% on equity. The margin does most of the work; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 26.3% − 8.7% = +17.6 percentage points. The 8.7% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. A gap this wide means each dollar put back into the business creates more than a dollar of value. ## Does DLocal Limited have too much debt? DLocal Limited has total debt of $67.4 M against shareholder equity of $541 M as of Jun 2026, so its debt is 0.12× its equity, which is very little. Year by year, that ratio went from 0.03 in FY21 to 0.16 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the DLocal Limited shareholding pattern? 18.9% of DLocal Limited's tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 10.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is DLocal Limited from balance-sheet trouble? For DLocal Limited, the Z-score is 2.91. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the grey area between the two. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 2.91 is in the grey area, neither clearly safe nor clearly in trouble. ## How does DLocal Limited rank in its industry? There is no score against its industry: DLocal Limited is not among the largest members shown in this industry comparison for Software - Infrastructure. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is DLocal Limited compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to DLocal Limited in size? DLocal Limited is the 49th largest of 117 Software - Infrastructure companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: BlackBerry, Core Scientific, Inc. and Paymentus Holdings, Inc. Just below it: Appian Corporation, Bullish and AvePoint, Inc. ### Software - Infrastructure companies close in size

1. [BlackBerry Limited](https://www.sectoralpha.in/us/stocks/bb) $4.8 billion
2. [Core Scientific, Inc.](https://www.sectoralpha.in/us/stocks/corz) $4.6 billion
3. [Paymentus Holdings, Inc.](https://www.sectoralpha.in/us/stocks/pay) $3.9 billion
4. DLocal Limited $3.8 billion
5. [Appian Corporation](https://www.sectoralpha.in/us/stocks/appn) $3.5 billion
6. [Bullish](https://www.sectoralpha.in/us/stocks/blsh) $3.5 billion
7. [AvePoint, Inc.](https://www.sectoralpha.in/us/stocks/avpt) $3.5 billion

[All 117 Software - Infrastructure companies, largest first](https://www.sectoralpha.in/us/sectors/software-infrastructure#all-companies)

### Companies close in size in other industries

1. [Cohen & Steers, Inc.](https://www.sectoralpha.in/us/stocks/cns) $3.8 billion · Asset Management
2. [Lazard, Inc.](https://www.sectoralpha.in/us/stocks/laz) $3.8 billion · Capital Markets
3. DLocal Limited $3.8 billion
4. [Palomar Holdings, Inc.](https://www.sectoralpha.in/us/stocks/plmr) $3.8 billion · Insurance - Property & Casualty
5. [BancFirst Corporation](https://www.sectoralpha.in/us/stocks/banf) $3.8 billion · Banks - Regional

## What else do people ask about DLocal Limited? ### What were DLocal Limited Limited's latest quarterly results? DLocal Limited reported revenue of $400 M and net profit of $54.6 M for the Jun 2026 quarter. Revenue rose 55.8% and profit rose 27.6% compared with a year earlier. Earnings per share were $0.18. The operating margin was 16.1%, 5.6 percentage points lower than a year earlier (as of 3 November 2026). ### What is DLocal Limited Limited's market cap? DLocal Limited's market capitalisation is $3.8 B at a stock price of $13.18. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is DLocal Limited Limited performing? DLocal Limited's share price has been moving sideways for 2 weeks. In its latest quarter, revenue rose 55.8% and profit rose 27.6% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 2 weeks running (as of 3 November 2026). ### Will DLocal Limited Limited's stock price go up? This page does not forecast DLocal Limited's stock price. What it shows instead: the stock price is $13.18, and it has been moving sideways for 2 weeks. Its P/E of 19.4× is higher than 12% of its own last 5 years (as of 3 November 2026). ### Where is DLocal Limited Limited in its business cycle? DLocal Limited's FY25 operating margin was 20.1%, against a 5-year range of 18.8% to 33.4%: the low end of its own range, which is often where recoveries start. The latest quarter was 16.1%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the DLocal Limited Limited story? The main question: yearly earnings per share moved +66.7% while the share price moved −10.0%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is DLocal Limited Limited a stock worth studying right now? What the numbers show: DLocal Limited's results are improving, while its P/E is near the low end of its own history over 4.6 years, higher than only 12% of past readings. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

This is research, not advice. We’re not SEBI-registered.