dLocal Limited DLO

dLocal Limited trades at 2.3x EV/NTM revenue on a $3.54B enterprise value. Revenue grew 55.8% year over year to $399.7M in the quarter ending June 2026, an annual run rate of $1.6B. dLocal Limited reports a 31.8% gross margin and 1.4-month CAC payback.

ARR ($M)
Net Dollar Retention
--
ARR Growth
--
EV / NTM Revenue
2.3x
Payback Period
1.4
EV / Run Rate
2.2x
Price & Key Metrics
Price Performance
Company Details
Share Price: 15.03
Last Filing Date: 2026-06-30
Fiscal Year End: 12-31
Last Filing: Form
Founding Year: 2016
IPO Year: 2021
% of 52 wk High: 95%
Description
dLocal is focused on simplifying and redefining the online payments experience in emerging markets. Through one API, one technology platform, and one contract, dLocal enables global enterprise merchants to get paid (pay-in) and to make payments (pay-out) online in a safe and efficient manner. Merchants on the platform benefit from improved acceptance and conversion rates, reduced friction, and enhanced fraud prevention, which enables merchants to better serve nearly 2 billion potential combined internet users in 40+ countries.
Reporting Notes
Categories
Fintech Payments Financial Services Internet
Valuation
Market Cap: 4,334.905
Enterprise Value: 3,539.962
EV / Revenue Run Rate: 2.2x
EV / NTM Revenue: 2.3x
EV / 2026 Revenue Estimates: 2.4x
EV / 2027 Revenue Estimates: 1.9x
EV / 2028 Revenue Estimates: --
Key Business Metrics
Net Dollar Retention: --
Customers: --
ARR: --
ARR Growth %: --
ARR/Customer ($K): --
ARR/Employee ($K): --
Revenue
Revenue Run Rate: 1,598
ARR: --
2026 Revenue Estimates: 1,498
2027 Revenue Estimates: 1,898
2028 Revenue Estimates: --
LTM Revenue: 1,355
Last Year Run Rate: 1,025
Growth
Revenue Growth: 56%
ARR Growth: --
Growth Persistence: 112%
2026 Revenue Growth Estimates: 43%
2027 Revenue Growth Estimates: 27%
2028 Revenue Growth Estimates: --
Financials
Quarterly
Calendar Year
Frequently Asked Questions

How fast is dLocal Limited growing?

dLocal Limited grew revenue 55.8% year over year, reaching $399.7M in the quarter ending June 2026.

What multiple does dLocal Limited trade at?

dLocal Limited trades at 2.3x EV/NTM revenue and 2.2x EV/run-rate, on an enterprise value of $3.54B.

Is dLocal Limited profitable?

For dLocal Limited, operating income was $64.2M last quarter and LTM free cash flow margin is 28.6%.

How long does it take dLocal Limited to pay back CAC?

dLocal Limited recovers customer acquisition cost in about 1.4 months.

What sector is dLocal Limited in?

Public Comps classifies dLocal Limited under Fintech, Payments, Financial Services, and Internet.

Where does Public Comps get dLocal Limited's data?

Figures come from dLocal Limited's own SEC filings, normalised into a consistent quarterly format and refreshed after each earnings release.