dLocal (DLO) Tax Rate (2020 - 2025)
dLocal (DLO) posted quarterly Tax Rate of 13.81% for Q4 2025, up 1338.0% YoY from 0.96% in Q4 2024, and up 10.0% sequentially from 15.35% in Q3 2025.
dLocal (DLO) Tax Rate (2020 - 2025) Analysis & Trends
dLocal has disclosed Tax Rate across 6 years of filings, most recently posting 13.81% for Q4 2025.
- In Q4 2025, Tax Rate rose 1338.0% year-over-year to 13.81%; the TTM figure through Dec 2025 stood at 13.89% (up 634.0% YoY), while the FY2025 annual figure was 13.89%, up 634.0% from the prior year.
- Tax Rate advanced to 13.81% in Q4 2025, 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.
- The 5-year median for Tax Rate is 12.86% (2022), against an average of 13.91%.
- Annual changes were most pronounced in 2021 — Tax Rate slumped 5158 bps — and 2025, when it jumped 1852 bps.
- A 5-year view of Tax Rate shows it stood at 8.24% in 2021, then tumbled by 105 bps to 16.89% in 2022, then dropped by 23 bps to 20.79% in 2023, then sank by 31 bps to 27.19% in 2024, then jumped by 49 bps to 13.81% in 2025.
- According to Business Quant data, Tax Rate over the past three periods registered 13.81%, 15.35%, and 16.06% for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 19.22% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 19.84% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 1.37% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 21.31% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | -6.22% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 18.58% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -7.01% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 18.14% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 21.40% |
| 10 | dLocal | 4.27 Bn | 3.55 Bn | 115.80 Mn | -13.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -13.81% |
| Dec 31, 2025 | -13.81% |
| Sep 30, 2025 | -15.35% |
| Sep 30, 2025 | -15.35% |
| Jun 30, 2025 | -16.06% |
| Jun 30, 2025 | -16.06% |
| Mar 31, 2025 | -10.13% |
| Mar 31, 2025 | -10.13% |
| Dec 31, 2024 | -27.19% |
| Dec 31, 2024 | -27.19% |
| Sep 30, 2024 | -7.86% |
| Sep 30, 2024 | -7.86% |
| Jun 30, 2024 | -17.87% |
| Jun 30, 2024 | -17.87% |
| Mar 31, 2024 | -28.65% |
| Mar 31, 2024 | -28.65% |
| Dec 31, 2023 | -20.79% |
| Dec 31, 2023 | -20.79% |
| Sep 30, 2023 | -18.06% |
| Sep 30, 2023 | -18.06% |