dLocal (DLO) Change in Intangibles (2020 - 2025)

dLocal's (DLO) quarterly Change in Intangibles came in at -$10.9 million in Q4 2025, down 91.05% year-on-year from -$121.7 million in Q4 2024, and down 19.27% on a QoQ basis from -$9.1 million in Q3 2025.

dLocal (DLO) Change in Intangibles (2020 - 2025) Analysis & Trends

dLocal (DLO) has 6 years of Change in Intangibles data on file, last reported at -$10.9 million in Q4 2025.

  • On a quarterly basis, Change in Intangibles fell 91.05% year-over-year to -$10.9 million in Q4 2025; TTM through Dec 2025 was -$34.5 million, a 64.76% decrease from a year earlier, with the FY2025 full-year figure at -$34.5 million, down 64.76% from the prior year.
  • Change in Intangibles for Q4 2025 stood at -$10.9 million, down from -$9.1 million in the prior quarter.
  • Over the last five years, Change in Intangibles for DLO reached as high as -$1.2 million in Q1 2021 and fell as low as -$40.1 million in Q2 2021.
  • Historically, Change in Intangibles has averaged -$6.5 million across 5 years, with a median of -$4.6 million in 2023.
  • Across the five-year window, Change in Intangibles sank 307.35% in 2021 and soared 94.47% in 2022, its largest moves.
  • Year by year, Change in Intangibles stood at -$2.5 million in 2021, then sank by 46.41% to -$3.6 million in 2022, then sank by 30.36% to -$4.8 million in 2023, then fell by 19.78% to -$5.7 million in 2024, then tumbled by 91.05% to -$10.9 million in 2025.
  • Per Business Quant data, the three most recent Change in Intangibles figures were -$10.9 million in Q4 2025, -$9.1 million in Q3 2025, and -$7.9 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Intangibles (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn -
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -
3 Oracle 344.13 Bn 312.24 Bn - -
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn -
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn -
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn -
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn -
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn -
10 dLocal 4.32 Bn 3.50 Bn 115.80 Mn -10.89 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -10.89 Mn
Dec 31, 2025 -10.89 Mn
Sep 30, 2025 -9.13 Mn
Sep 30, 2025 -9.13 Mn
Jun 30, 2025 -7.92 Mn
Jun 30, 2025 -7.92 Mn
Mar 31, 2025 -6.57 Mn
Mar 31, 2025 -6.57 Mn
Dec 31, 2024 -5.70 Mn
Dec 31, 2024 -5.70 Mn
Sep 30, 2024 -5.38 Mn
Sep 30, 2024 -5.38 Mn
Jun 30, 2024 -4.84 Mn
Jun 30, 2024 -4.84 Mn
Mar 31, 2024 -5.02 Mn
Mar 31, 2024 -5.02 Mn
Dec 31, 2023 -4.76 Mn
Dec 31, 2023 -4.76 Mn
Sep 30, 2023 -4.36 Mn
Sep 30, 2023 -4.36 Mn