VTEX VTEX R2K
VTEX, together with its subsidiaries, provides software-as-a-service digital commerce platform for enterprise brands and retailers. It provides VTEX platform that enables customers to execute commerce strategy, including building online stores, and integrating and managing orders across channels, as well as creating marketplaces to sell products from third-party vendors. The company also offers customer support services; and optional services, such as project management, solutions architecting, and implementation consulting services. It serves its products to home appliances, apparel and accessories, beauty and health, electronics, grocery, department stores, and toys and hobbies, as well as home, furniture, and decoration markets. The company has operations in Brazil, Argentina, Chile, Colombia, France, Italy, Mexico, Peru, Portugal, Romania, Spain, the United Kingdom, the United States, and internationally. VTEX was founded in 2000 and is headquartered in Grand Cayman, Cayman Islands.
READ MORE ›Market & Price
Valuation
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Growth (CAGR)
PROS
- Compounding revenue at 15.1% over 5 years.
- Profit CAGR of 46.1% over 5 years.
- Generates positive free cash flow.
CONS
- Trading 44.2% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth
No fundamental data available for this stock.
Figures from the latest reported periods. CAGR is computed across the displayed window (quarterly CAGR is annualised assuming 4 quarters per year).
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | VTEX VTEX R2K | 3.77 | 29.00 | $642.73M | - | 7.00% | 9.70% | 15.13% | 46.06% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.14 | 32.38 | $5.11T | 0.47% | 81.14% | 114.29% | 100.05% | 201.80% |
| 3 | AAPL Apple Inc. NDXSPX | 312.06 | 37.73 | $4.58T | 0.35% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 450.24 | 26.82 | $3.34T | 0.81% | 26.37% | 34.01% | 12.42% | 11.87% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 418.45 | 35.86 | $2.17T | 0.91% | 32.04% | 36.21% | 18.94% | 19.57% |
| 6 | MU Micron Technology, Inc. NDXSPXAI | 971.00 | 45.87 | $1.10T | 0.06% | 14.20% | 39.82% | 6.71% | -0.57% |
| 7 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 516.10 | 172.61 | $841.55B | - | 6.33% | 8.06% | 13.64% | 48.64% |
| 8 | ORCL Oracle Corporation SPXAI | 225.78 | 40.46 | $649.35B | 0.89% | 13.07% | 57.57% | 10.59% | 22.81% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,612.76 | 53.76 | $621.59B | 0.54% | 43.81% | 52.24% | 15.55% | 19.55% |
Quarterly Results
Figures in USD.
| Metric | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|
| Revenue | - | - | 54.16M | 58.79M | 59.61M | 67.95M | 60.70M |
| Cost of Revenue | - | - | 13.18M | 13.51M | 13.53M | 13.96M | 12.24M |
| Gross Profit | - | - | 40.98M | 45.28M | 46.08M | 54.00M | 48.45M |
| Operating Expenses | - | - | 41.18M | 42.36M | 41.91M | 42.77M | 42.61M |
| Operating Income | - | - | -197.00K | 2.91M | 4.17M | 11.22M | 5.84M |
| EBITDA | - | - | 526.00K | 3.74M | 4.17M | 12.09M | 6.72M |
| Interest Expense | 84.00K | 85.00K | - | - | - | - | - |
| Pretax Income | - | - | 1.44M | 3.80M | 6.38M | 10.86M | 4.08M |
| Tax Provision | - | - | 579.00K | 815.00K | 14.00K | 1.04M | 31.00K |
| Net Income | - | - | 858.00K | 2.99M | 6.35M | 9.81M | 4.06M |
| Diluted EPS | - | - | 0.01 | 0.02 | 0.03 | 0.05 | 0.02 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | - | 157.62M | 200.83M | 226.66M | 240.52M |
| Cost of Revenue | - | 52.83M | 60.99M | 59.70M | 54.18M |
| Gross Profit | - | 104.79M | 139.85M | 166.96M | 186.34M |
| Operating Expenses | - | 154.71M | 153.89M | 159.57M | 168.23M |
| Operating Income | - | -49.92M | -14.04M | 7.39M | 18.11M |
| EBITDA | - | -51.09M | -10.08M | 10.62M | 21.37M |
| Interest Expense | 790.00K | 733.00K | 578.00K | 371.00K | - |
| Pretax Income | - | -56.44M | -12.46M | 13.27M | 22.48M |
| Tax Provision | - | -4.03M | 3.39M | -2.54M | 2.45M |
| Net Income | - | -52.42M | -15.85M | 15.82M | 20.01M |
| Diluted EPS | - | -0.28 | -0.07 | 0.06 | 0.11 |
Compounded Sales Growth
| 5 Years: | 15.13% |
| 1 Year: | 12.10% |
Compounded Profit Growth
| 5 Years: | 46.06% |
| 1 Year: | 390.50% |
Stock Price Performance
| 1 Year: | -41.19% |
| 6 Months: | -3.33% |
| 3 Months: | +9.91% |
| 1 Month: | -2.08% |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Total Assets | - | 357.67M | 341.14M | 362.11M | 346.63M |
| Current Assets | - | 287.16M | 266.25M | 284.59M | 267.50M |
| Cash & Equivalents | - | 24.39M | 28.04M | 18.67M | 15.74M |
| Inventory | - | - | - | - | - |
| Receivables | - | 36.84M | 44.12M | 52.52M | 61.60M |
| Total Liabilities | - | 83.00M | 100.81M | 107.96M | 113.07M |
| Current Liabilities | - | 62.02M | 77.24M | 80.02M | 87.96M |
| Long Term Debt | 1.19M | - | - | - | - |
| Total Debt | - | 6.79M | 4.10M | 3.31M | 2.88M |
| Total Equity | - | 274.66M | 240.29M | 254.11M | 233.50M |
| Shares Outstanding | - | 188.99M | 184.03M | 184.81M | 172.99M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | - | -29.22M | 5.41M | 25.96M | 33.37M |
| Investing Cash Flow | - | -43.38M | 35.18M | -20.71M | 24.80M |
| Financing Cash Flow | - | -19.58M | -37.94M | -12.05M | -61.59M |
| Capital Expenditure | - | -340.00K | -477.00K | -2.07M | -1.04M |
| Free Cash Flow | - | -29.56M | 4.93M | 23.89M | 32.33M |
| Net Change in Cash | - | -92.18M | 2.65M | -6.79M | -3.42M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Gross Margin % | - | 66.5% | 69.6% | 73.7% | 77.5% |
| Operating Margin % | - | -31.7% | -7.0% | 3.3% | 7.5% |
| Net Margin % | - | -33.3% | -7.9% | 7.0% | 8.3% |
| ROE % | - | -19.1% | -6.6% | 6.2% | 8.6% |
| ROCE % | - | -16.9% | -5.3% | 2.6% | 7.0% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Softbank Group Corporation | 42.64% | 38.43M | $144.90M |
| 2 | Blackrock Inc. | 4.64% | 4.18M | $15.76M |
| 3 | Acadian Asset Management. LLC | 2.19% | 1.97M | $7.43M |
| 4 | State Street Corporation | 1.80% | 1.62M | $6.12M |
| 5 | Russell Investments Group, Ltd. | 1.57% | 1.42M | $5.35M |
| 6 | AQR Capital Management, LLC | 1.10% | 989.86K | $3.73M |
| 7 | UBS Group AG | 0.90% | 807.63K | $3.04M |
| 8 | Jacobs Levy Equity Management, Inc. | 0.81% | 726.52K | $2.74M |
| 9 | Renaissance Technologies, LLC | 0.79% | 713.90K | $2.69M |
| 10 | Bank of America Corporation | 0.76% | 683.06K | $2.58M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for VTEX