dLocal (DLO) Tax Rate (2022)
dLocal's Tax Rate was -15.72% in Q2 2026, up 0.34 percentage points from -16.06% a year earlier and up 10.12 percentage points from the prior quarter.
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Analysis
dLocal (DLO) Tax Rate (2022) Analysis & Trends
On a trailing twelve-month basis, dLocal's Tax Rate was -17.44% through Jun 30, 2026, down 1.92 percentage points year-over-year; for FY2025, it was -13.89%, up 6.34 percentage points from FY2024.
- Tax Rate shows a five-year change of -3.60 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was -20.23% in FY2024 (-3.74 pp), -16.48% in FY2023 (-6.85 pp), -9.63% in FY2022 (-0.69 pp) and -8.94% in FY2021 (+1.34 pp).
- Quarterly Tax Rate has moved between -28.65% (Q1 2024) and 4.41% (Q1 2022) over five years.
- Compared with a year earlier, Tax Rate was higher in five of the last eight quarters, with an average year-over-year change of +1.83 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q1 2025 (a gain of 18.52 percentage points); the worst was Q1 2024 (a drop of 17.87 percentage points).
- Per Business Quant data, DLO's Tax Rate in the three quarters before Q2 2026 was -25.84% (Q1 2026), -13.81% (Q4 2025) and -15.35% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 15.73% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 71.11% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | - |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 26.96% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 20.13% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | - |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | - |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 30.70% |
| 10 | dLocal | 4.08 Bn | 769.99 Mn | 127.15 Mn | - |
API Access
dLocal Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=DLO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "DLO", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=DLO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();