DLocal (DLocal) Gross Margin % : 37.08% (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is DLocal Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. DLocal's Gross Profit for the three months ended in Dec. 2023 was $69.7 Mil. DLocal's Revenue for the three months ended in Dec. 2023 was $188.0 Mil. Therefore, DLocal's Gross Margin % for the quarter that ended in Dec. 2023 was 37.08%.

The historical rank and industry rank for DLocal's Gross Margin % or its related term are showing as below:

DLO' s Gross Margin % Range Over the Past 10 Years
Min: 42.57 Med: 53.43 Max: 64.89
Current: 42.57

During the past 5 years, the highest Gross Margin % of DLocal was 64.89%. The lowest was 42.57%. And the median was 53.43%.

DLO's Gross Margin % is ranked better than
51.22% of 2628 companies
in the Software industry
Industry Median: 41.685 vs DLO: 42.57

DLocal had a gross margin of 37.08% for the quarter that ended in Dec. 2023 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for DLocal was 0.00% per year.

DLocal Gross Margin % Historical Data

The historical data trend for DLocal's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

DLocal Gross Margin % Chart

DLocal Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

64.89

57.69

53.43

48.26

42.57

DLocal Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial												46.53	45.04	43.91	45.47	37.08

Competitive Comparison of DLocal's Gross Margin %

For the Software - Infrastructure subindustry, DLocal's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

DLocal's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, DLocal's Gross Margin % distribution charts can be found below:

* The bar in red indicates where DLocal's Gross Margin % falls into.

DLocal Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

DLocal's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	276.9	/	650.351
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(650.351 - 373.492)	/	650.351
	=	42.57 %

DLocal's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	69.7	/	188.005
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(188.005 - 118.286)	/	188.005
	=	37.08 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

DLocal (NAS:DLO) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

DLocal had a gross margin of 37.08% for the quarter that ended in Dec. 2023 => Competition eroding margins

Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.

DLocal Gross Margin % Related Terms

Thank you for viewing the detailed overview of DLocal's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.

DLocal (DLocal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DLocal Ltd (NAS:DLO) » Definitions » Gross Margin %

Comparable Companies

TENB RELY ALTR S AFRM WIX INFA QLYS TDC FIVN MSFT ORCL ADBE PANW SNPS VMW FTNT CRWD PLTR SQ

Traded in Other Exchanges

N/A

Address

Drive Luis Bonavita 1294, Montevideo, URY, 11300

Website

https://www.dlocal.com

DLocal Ltd is focused on making the complex simple, redefining the online payments experience in emerging markets. Through its technology platform, One dLocal, the company enables global enterprise merchants to get paid (pay-in) and to make payments (pay-out) online in a safe and efficient manner. The company earns revenue from fees charged to merchants in connection with payment processing services for cross-border and local payment transactions. The company's geographical segments include Latin America and Asia & Africa.