DLocal Reports Record Q2 2025 Financial Results with 53% YoY TPV Growth

dLocal reported a record Q2 TPV of $9.2 billion, a 53% YoY increase, driven by growth in Brazil, Mexico, and other geographies. Adjusted EBITDA exceeded gross profit for the fifth straight quarter, and free cash flow reached $48 million. The company updated its 2025 guidance, with expected year-over-year growth rates of 40%-50% for TPV, 30%-40% for revenue, 27.5%-37.5% for gross profit, and 40%-50% for adjusted EBITDA.