Dlocal Limited ( (DLO) ) has released its Q3 earnings. Here is a breakdown of the information Dlocal Limited presented to its investors.
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DLocal Limited is a technology-first payments platform that connects global enterprise merchants with consumers in emerging markets across Africa, Asia, and Latin America, facilitating local payments through its ‘One dLocal’ platform.
In its third-quarter 2025 financial results, dLocal Limited reported a record-setting quarter with significant growth across key financial metrics. The company’s Total Payment Volume (TPV) reached an all-time high of $10.4 billion, marking a 59% increase year-over-year, while revenues rose by 52% to $282 million.
The company achieved a gross profit of $103 million, a 32% increase from the previous year, and an adjusted EBITDA of $71.7 million, up 37% year-over-year. Net income saw a remarkable 93% growth, reaching $51.8 million. Despite a slight decrease in gross profit margin to 37%, the company maintained strong cash generation with an adjusted free cash flow of $38 million.
Looking ahead, dLocal remains committed to leveraging its robust business model to sustain growth and diversification in emerging markets, as indicated by the management’s positive outlook for future quarters.

