Quick Answer
dLocal Ltd reported R&D Expense of $30.71 million for fiscal year 2025.
dLocal Ltd R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $30.71M | +19.8% |
| 2024 | $25.62M | +102.6% |
| 2023 | $12.65M | +99.3% |
| 2022 | $6.35M | +87.5% |
| 2021 | $3.39M | +68.9% |
| 2020 | $2.00M | +48.8% |
| 2019 | $1.35M | — |
- dLocal Ltd showed an increase of +19.8% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2025 period, dLocal Ltd’s r&d expense has grown by 2179.7% (from $1.35 million to $30.71 million).
- The most recent figure is from dLocal Ltd’s fiscal year 2025 report (Form 20-F), filed with the SEC on March 18, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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