capital · May 16, 2026
dLocal Stock Falls 7% After Q1 2026 Earnings With $9.7 Million Tax Adjustment
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dLocal shares fell 7.19% in premarket trading on May 15, 2026 following Q1 2026 results that included a one-off $9.7 million prior-period tax adjustment. Gross profit yield declined to 0.84% from 1.05% year-over-year due to scaling with large merchants and lower take-rate methods. Operating expenses rose 58% year-over-year to $65.9 million from 2025 investment cycle carry-over. Full-year guidance remained unchanged at 50-60% TPV growth, 22.5-27.5% gross profit growth and 27.5-32.5% operating profit growth.
Spend governor blocked model creation: provider_circuit_open (lane=dev, provider=together)