dLocal (DLO) Tax Rate (2020 - 2025)

dLocal's (DLO) quarterly Tax Rate came in at 13.81% in Q4 2025, up 1338.0% year-on-year from 0.96% in Q4 2024, and up 10.0% on a QoQ basis from 15.35% in Q3 2025.

dLocal (DLO) Tax Rate (2020 - 2025) Analysis & Trends

dLocal (DLO) has 6 years of Tax Rate data on file, last reported at 13.81% in Q4 2025.

  • On a quarterly basis, Tax Rate rose 1338.0% year-over-year to 13.81% in Q4 2025; TTM through Dec 2025 was 13.89%, a 634.0% increase from a year earlier, with the FY2025 full-year figure at 13.89%, up 634.0% from the prior year.
  • Tax Rate for Q4 2025 stood at 13.81%, up from 15.35% in the prior quarter.
  • Over the last five years, Tax Rate for DLO reached as high as 4.41% in Q1 2022 and fell as low as 28.65% in Q1 2024.
  • Historically, Tax Rate has averaged 13.91% across 5 years, with a median of 12.86% in 2022.
  • On a YoY basis, Tax Rate climbed as much as 36279 bps in 2021 and fell as far as 52547 bps in 2021.
  • Year by year, Tax Rate stood at 8.24% in 2021, then slumped by 105 bps to 16.89% in 2022, then retreated by 23 bps to 20.79% in 2023, then plunged by 31 bps to 27.19% in 2024, then jumped by 49 bps to 13.81% in 2025.
  • Per Business Quant data, the three most recent Tax Rate figures were 13.81% in Q4 2025, 15.35% in Q3 2025, and 16.06% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 19.22%
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn -12.08%
3 Oracle 344.13 Bn 312.24 Bn - -10.34%
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 1.37%
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 21.31%
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn -6.22%
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 18.58%
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn -7.01%
10 dLocal 4.32 Bn 3.50 Bn 115.80 Mn -13.81%

Historic Data

Download Data
DateValue
Dec 31, 2025 -13.81%
Dec 31, 2025 -13.81%
Dec 31, 2025 -13.81%
Sep 30, 2025 -15.35%
Sep 30, 2025 -15.35%
Sep 30, 2025 -15.35%
Jun 30, 2025 -16.06%
Jun 30, 2025 -16.06%
Jun 30, 2025 -16.06%
Mar 31, 2025 -10.13%
Mar 31, 2025 -10.13%
Mar 31, 2025 -10.13%
Dec 31, 2024 -27.19%
Dec 31, 2024 -27.19%
Dec 31, 2024 -27.19%
Sep 30, 2024 -7.86%
Sep 30, 2024 -7.86%
Sep 30, 2024 -7.86%
Jun 30, 2024 -17.87%
Jun 30, 2024 -17.87%