dLocal (DLO) Tax Rate (2020 - 2025)
dLocal (DLO) reported 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 - 2025) Analysis & Trends
dLocal (DLO) has 6 years of Tax Rate data on file, last reported at 13.81% in Q4 2025.
- Tax Rate for Q4 2025 came in at 13.81%, up 1338.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 13.89% (up 634.0% YoY), and the FY2025 annual result was 13.89%, up 634.0% from the prior year.
- Tax Rate rose to 13.81% in Q4 2025 per DLO's latest filing, from 15.35% in the prior quarter.
- Over five years, Tax Rate peaked at 4.41% in Q1 2022 and troughed at 28.65% in Q1 2024.
- A 5-year average of 13.91% and a median of 12.86% in 2022 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2021 and 2025: Tax Rate plunged 5158 bps in 2021, then jumped 1852 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 8.24% in 2021, then sank by 105 bps to 16.89% in 2022, then dropped by 23 bps to 20.79% in 2023, then tumbled by 31 bps to 27.19% in 2024, then jumped 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 | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 19.22% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 23.68% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 15.74% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 1.37% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 21.31% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | -6.22% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 18.58% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 18.14% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -7.01% |
| 10 | dLocal | 3.47 Bn | 2.75 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% |