VTEX (VTEX)

NYSE: VTEX · Real-Time Price · USD

3.800

+0.010 (0.26%)

At close: Oct 6, 2026, 4:00 PM EDT

4.000

+0.200 (5.26%)

After-hours: Oct 6, 2026, 7:30 PM EDT

VTEX Financials Overview

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	252.65	240.52	226.66	200.83	157.62	125.77
Revenue Growth	9.63%	6.11%	12.86%	27.42%	25.32%	27.46%
Gross Profit	200.24	186.34	166.96	139.85	104.79	76.18
Operating Income	30.42	18.11	7.39	-14.05	-49.92	-65.93
Net Income	30.26	20.01	15.82	-15.85	-52.42	-60.51
Earnings Per Share	0.17	0.11	0.08	-0.09	-0.28	-0.33
EPS Growth	133.85%	31.71%	-	-	-	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Brazil	138.76	128.3	109.47	86.07	66.46
Latin America – except Brazil	75.16	73.55	69.62	55.77	48.04
Global Markets	26.6	24.81	21.75	15.78	11.27
Total	240.52	226.66	200.83	157.62	125.77

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	185.96	192.1	214.81	209.41	238.56	298.2
Total Debt	7.1	2.88	3.31	4.1	6.79	9.27
Net Cash (Debt)	178.87	189.22	211.5	205.31	231.77	288.93
Net Cash Growth	-13.57%	-10.53%	3.01%	-11.42%	-19.78%	358.51%
Net Cash Per Share	1.00	1.02	1.10	1.10	1.22	1.59

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	45.69	33.37	25.96	5.41	-29.22	-52.99
Capital Expenditures	-1.08	-1.04	-2.07	-0.48	-0.34	-1.38
Free Cash Flow	44.6	32.33	23.9	4.93	-29.56	-54.37
Free Cash Flow Growth	34.63%	35.29%	384.59%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	79.26%	77.47%	73.66%	69.63%	66.48%	60.57%
Operating Margin	12.04%	7.53%	3.26%	-6.99%	-31.67%	-52.42%
Pretax Margin	12.92%	9.35%	5.85%	-6.21%	-35.81%	-55.64%
Profit Margin	11.98%	8.32%	6.98%	-7.89%	-33.26%	-48.11%
FCF Margin	17.66%	13.44%	10.54%	2.46%	-18.75%	-43.23%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Oct '26 Oct 7, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	22.45	33.39	69.08	-	-	-
Forward PE	17.58	29.56	53.99	-	-	-
P/FCF Ratio	14.09	20.67	45.73	258.76	-	-
PS Ratio	2.49	2.78	4.82	6.35	4.53	16.20