dLocal (DLO) Change in Taxes (2020 - 2025)
dLocal (DLO) posted quarterly Change in Taxes of -$4.6 million for Q4 2025, up 2.93% year-over-year from -$4.5 million in Q4 2024, and up 10.85% quarter-over-quarter from -$5.2 million in Q3 2025.
dLocal (DLO) Change in Taxes (2020 - 2025) Analysis & Trends
dLocal (DLO) has reported Change in Taxes for 6 consecutive years, with -$4.6 million the latest figure, recorded in Q4 2025.
- In Q4 2025, Change in Taxes rose 2.93% year-over-year to -$4.6 million; the TTM figure through Dec 2025 stood at -$27.0 million (up 5.78% YoY), while the FY2025 annual figure was -$27.0 million, up 5.78% from the prior year.
- Change in Taxes improved to -$4.6 million in Q4 2025 per DLO's latest filing, from -$5.2 million in the prior quarter.
- Across five years, Change in Taxes topped out at -$552000.0 in Q3 2021 and bottomed at -$13.4 million in Q2 2024.
- Historically, Change in Taxes has averaged -$4.5 million across 5 years, with a median of -$3.8 million in 2023.
- On a YoY basis, Change in Taxes climbed as much as 61.59% in 2022 and fell as far as 448.55% in 2022.
- dLocal's Change in Taxes stood at -$1.8 million in 2021, then decreased by 3.63% to -$1.9 million in 2022, then tumbled by 244.72% to -$6.6 million in 2023, then gained by 27.58% to -$4.8 million in 2024, then advanced by 2.93% to -$4.6 million in 2025.
- Business Quant data shows DLO's Change in Taxes at -$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 | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | -307.00 Mn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 1.40 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | - |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | - |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | - |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 17.56 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | - |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | - |
| 10 | dLocal | 3.92 Bn | 3.05 Bn | 127.15 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | -6.59 Mn |
| Dec 31, 2023 | -6.59 Mn |
| Sep 30, 2023 | -1.66 Mn |
| Sep 30, 2023 | -1.66 Mn |