Vtex (VTEX) — Financial statements
Income statement, balance sheet, and cash flow for Vtex — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 241↑6.1% | 227↑12.5% | 202↑27.8% | 158↑25.3% | 126 | |
| Cost of Revenue | 54↓8.8% | 59↓2.5% | 61↑15.4% | 53↑6.5% | 50 | |
| Gross Profit | 186↑11.4% | 167↑19.0% | 141↑34.1% | 105↑37.6% | 76 | |
| Operating Expenses | ||||||
| R&D Expenses | 64↑19.2% | 54↓10.8% | 60↑5.1% | 57↑26.6% | 45 | |
| General & Administrative Expenses | 34↓1.3% | 34↑2.3% | 34↑18.8% | 28↓11.1% | 32 | |
| Selling & Marketing Expenses | 69↑1.2% | 68↑14.1% | 59↓12.3% | 68↑6.7% | 64 | |
| SG&A Expenses | 103↑0.3% | 102↑9.8% | 93↓3.1% | 96↑0.8% | 95 | |
| Other Expenses | 2↑33.1% | 1↓33.6% | 2↑41.6% | 1↓10.4% | 2 | |
| Operating Expenses | 168↑7.0% | 157↑1.3% | 155↑0.3% | 155↑8.9% | 142 | |
| Total Costs & Expenses | 222↑2.7% | 217↑0.2% | 216↑4.1% | 208↑8.3% | 192 | |
| Operating Results | ||||||
| Operating Income | 18↑79.2% | 10↑169.2% | -15↑70.7% | -50↑24.3% | -66 | |
| Depreciation & Amortization | 3↓25.2% | 4↓13.1% | 5↑8.7% | 5↑13.4% | 4 | |
| EBITDA | 26↑78.8% | 14↑388.5% | -5↑90.2% | -51↑21.5% | -65 | |
| EBIT | 22↑124.0% | 10↑200.2% | -10↑82.0% | -56↑19.5% | -69 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00↓100.0% | 13↓45.0% | 23↑1425.9% | 2↑388.8% | -0.53 | |
| Interest Income | 0.00↓100.0% | 14↓40.4% | 24↑954.9% | 2↑753.0% | 0.26 | |
| Interest Expense | 0.00↓100.0% | 1↑147.4% | 0.58↓21.1% | 0.73↓7.2% | 0.79 | |
| Non-Operating Income | -4↓6437.7% | 0.07↑101.5% | -5↓179.3% | 6↑77.3% | 3 | |
| Other Income / Expenses | 4↑1093.9% | -0.44↓111.0% | 4↑161.5% | -7↓60.8% | -4 | |
| Income Before Tax | 22↑132.7% | 10↑191.3% | -11↑81.2% | -56↑19.3% | -70 | |
| Income Tax Expense | 2↑205.2% | -2↓175.1% | 3↑177.2% | -4↑57.5% | -9 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 20↑67.0% | 12↑187.6% | -14↑73.9% | -52↑13.4% | -61 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 20↑66.8% | 12↑187.7% | -14↑73.9% | -52↑13.4% | -61 | |
| Bottom-Line Net Income | 20↑66.8% | 12↑187.7% | -14↑73.9% | -52↑13.4% | -61 | |
| EPS (Basic) | 0.11↑70.0% | 0.06↑188.1% | -0.07↑72.8% | -0.27↑15.6% | -0.32 | |
| EPS (Diluted) | 0.11↑76.3% | 0.06↑185.0% | -0.07↑72.8% | -0.27↑15.6% | -0.32 | |
| Weighted Average Shares | 185↑0.1% | 185↓0.7% | 186↓2.3% | 191↓0.2% | 191 | |
| Weighted Average Diluted Shares | 185↓3.7% | 192↑3.2% | 186↓2.3% | 191↓0.2% | 191 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.