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

dLocal (DLO) reported Change in Intangibles of -$10.9 million for Q4 2025, down 91.05% year-over-year from -$121.7 million in Q4 2024, and down 19.27% quarter-over-quarter 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.

  • Change in Intangibles for Q4 2025 came in at -$10.9 million, down 91.05% year-over-year; the trailing twelve-month figure through Dec 2025 was -$34.5 million (down 64.76% YoY), and the FY2025 annual result was -$34.5 million, down 64.76% from the prior year.
  • Change in Intangibles fell to -$10.9 million in Q4 2025 per DLO's latest filing, from -$9.1 million in the prior quarter.
  • Over five years, Change in Intangibles peaked at -$1.2 million in Q1 2021 and troughed at -$40.1 million in Q2 2021.
  • A 5-year average of -$6.5 million and a median of -$4.6 million in 2023 frame the typical range for Change in Intangibles.
  • The sharpest annual moves came in 2021 and 2022: Change in Intangibles tumbled 307.35% in 2021, then surged 94.47% in 2022.
  • A 5-year view of Change in Intangibles shows it stood at -$2.5 million in 2021, then plunged by 46.41% to -$3.6 million in 2022, then plunged by 30.36% to -$4.8 million in 2023, then slipped by 19.78% to -$5.7 million in 2024, then slumped by 91.05% to -$10.9 million in 2025.
  • Business Quant data shows DLO's Change in Intangibles at -$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 2,998.30 Bn 2,920.03 Bn 56.06 Bn -
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn -
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn -
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn -
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn -
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn -
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn -
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn -
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 9.03 Mn
10 dLocal 3.47 Bn 2.75 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