Vtex(VTEX)Earnings, Financials & Key Ratios
VTEX•NYSE
$4.12
37.5× P/E·Price updated Jul 7, 2026
AboutVTEX provides software-as-a-service digital commerce platform for enterprise brands and retailers. Its platform enables customers to execute their commerce strategy, including building online stores, integrating, and managing orders across channels, and creating marketplaces to sell products from third-party vendors. It has operations in Brazil, Argentina, Chile, Colombia, France, Italy, Mexico, Peru, Portugal, Romania, Spain, the United Kingdom, and the United States. VTEX was founded in 2000 and is headquartered in London, the United Kingdom.Show more
- Revenue$241M+6.1%
- EBITDA$21M+47.7%
- Net Income$20M+66.8%
- EPS (Diluted)0.11+76.3%
- Gross Margin77.47%+5.0%
- EBITDA Margin8.89%+39.3%
- Operating Margin7.53%+68.9%
- Net Margin8.32%+57.2%
- ROE8.18%+69.1%
VTEX Price & Volume
Vtex (VTEX) stock price & volume — 10-year historical chart
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Operational Efficiency Gains Offset Revenue Growth Deceleration
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Decelerating
Profitability:Moderate
Financial:Vulnerable
Cash Flow:Improving
Primary Risk:Thin Liquidity and Macro Sensitivity
Key Thesis Takeaways
- VTEX has successfully transitioned from a growth-at-all-costs model to a disciplined, profitable enterprise, evidenced by a 10.3% operating margin in 2026Q1 compared to negative margins in early 2024.
- While the company demonstrates impressive cloud-native scalability with gross margins reaching 78.8%, investors should remain cautious regarding the deceleration of revenue growth to 6.09% and the potential liquidity risks posed by aggressive capital allocation.
- The firm's reliance on share repurchases, such as the $9.7M outflow in 2026Q1, warrants close monitoring given the relatively thin cash balance of $16.8M.
Verdict Logic
while the company has achieved a 21.9% FCF margin, the combination of decelerating revenue growth and a thin liquidity buffer of $16.8M suggests that investors should wait for more consistent top-line acceleration before increasing exposure.
VTEX Growth Metrics
Vtex (VTEX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years19.51%
3 Years15.13%
TTM8.25%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM37.06%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM60.03%
Return on Capital
10 Years-4.88%
5 Years-7.92%
3 Years1.7%
Last Year6.65%
VTEX Recent Earnings
Vtex (VTEX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 2/12 qtrs (17%)●Beat Revenue 3/12 qtrs (25%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$0.02-33.3%
$0.03
Rev
$61M+0.1%
$61M
Q1 2026
Feb 26, 2026Metric
Actual
Est
EPS
$0.05+0.0%
$0.05
Rev
$68M-0.0%
$68M
Q4 2025
Nov 6, 2025Metric
Actual
Est
EPS
$0.03+0.0%
$0.03
Rev
$60M-12.3%
$68M
Q3 2025
Aug 7, 2025Metric
Actual
Est
EPS
$0.02+0.0%
$0.02
Rev
$59M-5.5%
$62M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $0.02vs $0.03-33.3% | $61Mvs $61M+0.1% |
| Q1 2026 | Feb 26, 2026 | $0.05vs $0.05+0.0% | $68Mvs $68M-0.0% |
| Q4 2025 | Nov 6, 2025 | $0.03vs $0.03+0.0% | $60Mvs $68M-12.3% |
| Q3 2025 | Aug 7, 2025 | $0.02vs $0.02+0.0% | $59Mvs $62M-5.5% |
Based on last 12 quarters of dataView full earnings history →
Peers Comparison
Key metrics vs top competitors for Vtex (VTEX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $4.12 | $729.11M | 37.45 | 6.09% | 8.32% | 8.18% | — | |
| $121.88 | $158.16B | 129.66 | 30.14% | 10.77% | 10.52% | — | |
| $50.36 | $2.77B | 57.23 | 13.2% | -1.97% | — | — | |
| $48.08 | $11.38B | 30.05 | 10.78% | 12.55% | 16.35% | — | |
| $1813.61 | $91.94B | 46.04 | 39.06% | 6.04% | 29.58% | — | |
| $114.71 | $52.42B | 26.43 | 7.95% | 17.58% | 44.12% | — |
Compare VTEX vs Peers
Vtex (VTEX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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VTEX Frequently Asked Questions
Vtex (VTEX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Vtex's revenue?
Vtex (VTEX) reported $247.0M in revenue for fiscal year 2025. This represents a 303% increase from $61.3M in 2019.
How fast is Vtex growing?
Vtex (VTEX) grew revenue by 6.1% over the past year. This is steady growth.
Is VTEX profitable?
Yes, Vtex (VTEX) is profitable, generating $23.2M in net income for fiscal year 2025 (8.3% net margin).
Dividend & Returns
What is VTEX's return on equity?
Vtex (VTEX) has a return on equity (ROE) of 8.2%. This is below average, suggesting room for improvement.
What is Vtex's free cash flow?
Vtex (VTEX) generated $39.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.