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
DateValue
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%