VTEX

NYSE•VTEX

CEO: Mr. Geraldo do Carmo Thomaz Jr.

Sector: Technology

Industry: Software - Application

Listing Date: 2021-07-21

VTEX 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, Singapore, Spain, the United Kingdom, and the United States. VTEX was founded in 2000 and is headquartered in London, the United Kingdom.

Contact Information

Aviation House, 3rd Floor, room 03-A109 125 Kingsway, London, WC2B 6NH, United Kingdom

N/A

vtex.com

Market Cap

$716.70M

P/E (TTM)

36.3

34.7

Dividend Yield

52W High

$6.82

52W Low

$2.84

52W Range

29%

Rank58Top 85.6%

2.3

F-Score

Modified Piotroski Analysis

Based on 6-year fundamentals

Weak • 2.3 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2020-2025

Financial Dashboard

Q4 2025 Data

Revenue

$67.95M+0.00%

4-Quarter Trend

EPS

$0.06+0.00%

4-Quarter Trend

FCF

$11.06M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Income Rises Sharply Net income reached $20.0M in 2025, marking a 26.7% increase over $15.8M reported in 2024.

Total Revenue Shows Solid Growth Total revenue grew 6.1% to $240.5M in 2025, driven by 7.9% subscription revenue growth.

Gross Profit Margin Expansion Gross profit increased 11.6% to $186.3M; margin improved to 77.5% from 73.7% in prior year.

Enterprise Customer Base Grows Cohort of customers with ARR over $250K reached 158 in 2025, reflecting focus on large accounts.

Risk Factors

Macroeconomic and Currency Volatility Operations exposed to political instability in Latin America and adverse foreign currency exchange rate fluctuations.

Sales Cycle Elongation Concerns Macroeconomic uncertainty caused sales cycles to lengthen in 2025, impacting revenue recognition timing predictability.

Intense Market Competition Facing strong competition from established players like SAP Hybris, Oracle Commerce, and Shopify Plus globally.

Cybersecurity and Data Breach Exposure Reliance on third-party providers and continuous evolution of cyber threats expose systems to disruption and liability.

Outlook

Accelerate Global Footprint Expansion Strategy centers on expanding global reach, focusing investments in the US and Europe markets for future growth.

Continued AI and Innovation Investment Investing in AI-driven features and platform transformation to enhance efficiency and maintain competitive edge.

Focus on Existing Customer GMV Growth Growth strategy emphasizes increasing GMV within the existing customer base via platform adoption and expansion.

Share Repurchase Program Authorized Board authorized up to $50.0M share repurchase program scheduled to expire in February 2027.

Peer Comparison

Revenue (TTM)

YMM

$1.73B

+10.7%

OPFI

$597.05M

+13.5%

APPS

$532.40M

+5.2%

Gross Margin (Latest Quarter)

OPFI

129.3%

+2.5pp

RDVT

94.7%

+1.7pp

APPS

91.9%

+1.9pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
YMM	$9.10B	14.3	11.2%	0.1%
HKD	$807.29M	17.2	23.2%	27.3%
OPFI	$749.96M	8.6	26.7%	42.6%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

7.9%

Steady Growth

4Q Net Income CAGR

125.3%

Profitability Improved

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:May 4, 2026

EPS:-

Revenue:-

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data