dLocal (DLO) Tax Rate (2020 - 2026)
dLocal (DLO) posted quarterly Tax Rate of 13.81% for Q4 2025, up 1338.0% year-over-year from 0.96% in Q4 2024, and up 10.0% quarter-over-quarter from 15.35% in Q3 2025.
dLocal (DLO) Tax Rate (2020 - 2026) Analysis & Trends
dLocal (DLO) has reported Tax Rate for 6 consecutive years, with 13.81% the latest figure, recorded in 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 climbed to 13.81% in Q4 2025 per DLO's latest filing, from 15.35% in the prior quarter.
- Across five years, Tax Rate topped out at 4.41% in Q1 2022 and bottomed at 28.65% in Q1 2024.
- Historically, Tax Rate has averaged 13.91% across 5 years, with a median of 12.86% in 2022.
- Annual changes were most pronounced in 2021 — Tax Rate plunged 5158 bps — and 2025, when it jumped 1852 bps.
- dLocal's Tax Rate stood at 8.24% in 2021, then slumped by 105 bps to 16.89% in 2022, then declined by 23 bps to 20.79% in 2023, then plunged by 31 bps to 27.19% in 2024, then surged by 49 bps to 13.81% in 2025.
- Business Quant data shows DLO's Tax Rate at 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 | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 24.84% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 1.42% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -10.34% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -13.46% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 15.97% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -1.22% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 18.14% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -10.99% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 71.11% |
| 10 | dLocal | 3.92 Bn | 3.05 Bn | 127.15 Mn | 15.72% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.72% |
| Jun 30, 2026 | 15.72% |
| Jun 30, 2026 | 15.72% |
| 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% |