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| Date | Value |
|---|---|
| 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% |