DLocal Ltd. Reports Strong Q2 2026 Results and Raises Growth Guidance
DLocal Ltd. (NASDAQ: DLO), a financial infrastructure provider headquartered in Montevideo, Uruguay, announced its financial results for the second quarter ended June 30 2026. The company reported a total payment volume (TPV) of US$17.7 billion, an increase of 92 % year‑over‑year, and a revenue of US$399.7 million, up 56 % from the same period in 2025.
Key Financial Highlights
| Metric | Q2 2026 | YoY % Change | Q1 2026 | Constant‑currency YoY % |
|---|---|---|---|---|
| TPV (US$) | 17.7 billion | +92 % | 14.1 billion | +80 % |
| Revenue (US$) | 399.7 million | +56 % | 335.9 million | +50 % |
| Gross profit (US$) | 127.2 million | +29 % | 99.0 million | – |
| Operating profit (US$) | 64.0 million | +15 % | 56.2 million | – |
| Net income (US$) | 55.0 million | +28 % | 47.4 million | – |
| Diluted EPS | $0.18 | – | $0.14 | – |
| Adj. free cash flow (US$) | 69.0 million | +41 % | 48.5 million | – |
The operating profit-to‑gross profit ratio increased to 50 %, a 6‑percentage‑point improvement from the previous quarter, indicating improving operating leverage. Adjusted free‑cash‑flow conversion reached 125 % of net income.
Guidance Update
Management raised its TPV and gross‑profit guidance for the remainder of 2026:
- TPV growth: 60 %–70 % year‑over‑year
- Gross profit growth: 25 %–30 % year‑over‑year
- Operating profit: 27.5 %–32.5 % year‑over‑year
The company expects operating leverage to continue improving in the second half of the year.
Market Reaction
Following the earnings release, DLocal shares experienced after‑hours movement. Post‑market trading on August 13 at 20:58 UTC noted the stock as a focus for investors, alongside other Nasdaq names such as Applied Materials, Globant, and York Space. The company’s close price on August 12 was US$14.76, within a 52‑week range of US$10.64 (low) to US$16.78 (high).
Commentary
CEO Pedro Arnt highlighted that TPV growth has sustained above 50 % year‑over‑year for seven consecutive quarters, with the last three at or above 70 %. He attributed the performance to continued investment in the platform and an expanding portfolio of licenses, noting the confidence merchants place in DLocal as they expand into emerging markets.
Investor Resources
A conference call and audio webcast will be hosted on August 13 at 5:00 p.m. Eastern Time. Participants can pre‑register via the investor relations portal on the company’s website (https://investor.dlocal.com/) . An archive of the webcast will be available for one year post‑event, and the investor presentation will be filed with the SEC at www.sec.gov .
This article is based solely on the information provided in the input. No additional speculation or external data has been included.
