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

dLocal's (DLO) quarterly Change in Taxes came in at -$4.6 million in Q4 2025, up 2.93% year-on-year from -$4.5 million in Q4 2024, and up 10.85% on a QoQ basis from -$5.2 million in Q3 2025.

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

dLocal (DLO) has 6 years of Change in Taxes data on file, last reported at -$4.6 million in Q4 2025.

  • On a quarterly basis, Change in Taxes rose 2.93% year-over-year to -$4.6 million in Q4 2025; TTM through Dec 2025 was -$27.0 million, a 5.78% increase from a year earlier, with the FY2025 full-year figure at -$27.0 million, up 5.78% from the prior year.
  • Change in Taxes for Q4 2025 stood at -$4.6 million, up from -$5.2 million in the prior quarter.
  • Over the last five years, Change in Taxes for DLO reached as high as -$552000.0 in Q3 2021 and fell as low as -$13.4 million in Q2 2024.
  • Historically, Change in Taxes has averaged -$4.3 million across 5 years, with a median of -$3.3 million in 2022.
  • On a YoY basis, Change in Taxes climbed as much as 61.59% in 2022 and fell as far as 448.55% in 2022.
  • Year by year, Change in Taxes stood at -$1.8 million in 2021, then dropped by 3.63% to -$1.9 million in 2022, then slumped by 56.69% to -$3.0 million in 2023, then plunged by 59.31% to -$4.8 million in 2024, then grew by 2.93% to -$4.6 million in 2025.
  • Per Business Quant data, the three most recent Change in Taxes figures were -$4.6 million in Q4 2025, -$5.2 million in Q3 2025, and -$10.0 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Microsoft 2,891.16 Bn 2,766.73 Bn 56.06 Bn 2.30 Bn
2 PagSeguro Digital 2,685.31 Bn 2,685.31 Bn 358.92 Mn -
3 Repay Holdings 347.25 Bn 347.10 Bn - -
4 Oracle 339.38 Bn 307.49 Bn - 1.40 Bn
5 Palantir Technologies 297.85 Bn 289.82 Bn 1.42 Bn -
6 Palo Alto Networks 221.94 Bn 217.41 Bn 1.91 Bn -
7 CrowdStrike Holdings 182.12 Bn 179.02 Bn 993.68 Mn -
8 Fortinet 108.92 Bn 105.62 Bn 1.49 Bn -
9 Cloudflare 95.44 Bn 94.50 Bn 455.60 Mn -
10 dLocal 4.32 Bn 3.50 Bn 115.80 Mn -4.63 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -4.63 Mn
Dec 31, 2025 -4.63 Mn
Sep 30, 2025 -5.20 Mn
Sep 30, 2025 -5.20 Mn
Jun 30, 2025 -10.00 Mn
Jun 30, 2025 -10.00 Mn
Mar 31, 2025 -7.21 Mn
Mar 31, 2025 -7.21 Mn
Dec 31, 2024 -4.77 Mn
Dec 31, 2024 -4.77 Mn
Sep 30, 2024 -6.96 Mn
Sep 30, 2024 -6.96 Mn
Jun 30, 2024 -13.41 Mn
Jun 30, 2024 -13.41 Mn
Mar 31, 2024 -3.56 Mn
Mar 31, 2024 -3.56 Mn
Dec 31, 2023 -3.00 Mn
Dec 31, 2023 -3.00 Mn
Sep 30, 2023 -1.66 Mn
Sep 30, 2023 -1.66 Mn