Saturday 17 October 2026 Export VTEX’s income statement to Excel — free account

VTEX

VTEX’s revenue for fiscal 2025 (year ended December 2025) was $240.5 million, up 6.11% from fiscal 2024. In the quarter to June 2026, revenue grew 9.52%, EPS grew 200.0%, free cash flow grew 79.1% and total debt rose 168.6%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.

4.19 0.06 −1.41%

Follow VTEX

Alert me

Market cap: $714.8M
P/E: 24.6×
Fwd P/E: 19.5×
Dividend yield: —
F-score: 8/9
Altman Z: 4.71
Beneish M: −2.61
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 2.76

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	4	9	4	9	9	9	1	2

Insider Ownership 63.68%

Capital & Financial Ratios $m

Market Cap 714.75

Revenue 252.65

Net Income 30.26

Free Cash Flow 43.76

Net Debt (180.98)

Current Ratio 2.91

Debt/Equity 0.02

P/E ratio 24.65

Fwd P/E 19.50

P/S ratio 2.78

P/B ratio 3.13

Past 5Y EPS Growth —

This Y EPS Growth 1.71%

Next Y EPS Growth 22.08%

Next Y revenue growth 9.81%

Next 5Y EPS Growth 10.31%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 11.47%

10-year low 10-year high

P/B against its own 10 years 39.56%

10-year low 10-year high

EV/Sales against its own 10 years 13.59%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	Powerpack
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	209	215	192	186
Receivables	51	63	68	65
Inventory	—	—	—	—
Other	0	0	—	5
	266	285	268	258

	2023	2024	2025	Q'26
Payables	40	36	36	35
ST’ Debt	—	—	—	—
Other	1	2	5	7
	77	80	88	89

Compound Annual Growth %

	10y	5y	3y
Sales	—	19.51%	15.13%
Cash Flow	—	24.48%	0.00%
Earnings	—	0.00%	0.00%
Book Value	—	25.26%	(5.26%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	61	64	—	—	—
’25	54	59	60	68	241
’24	53	57	56	62	227
’23	42	48	51	61	202
’22	35	39	39	45	158
’21	26	31	32	37	126
’20	17	25	28	29	99

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	13	13	—	—	—
’25	7	7	8	11	33
’24	2	3	8	13	26
’23	(5)	(3)	3	10	4
’22	(16)	(13)	(3)	3	(29)
’21	(7)	(14)	(10)	(21)	(53)
’20	(9)	6	12	3	11

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	13	13	—	—	—
’25	7	7	8	11	32
’24	2	3	7	12	24
’23	(5)	(3)	3	9	4
’22	(16)	(13)	(3)	3	(30)
’21	(8)	(15)	(11)	(21)	(55)
’20	(10)	5	12	2	10

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.02	0.06	—	—	—
’25	0.00	0.02	0.03	0.05	0.11
’24	0.00	0.03	0.02	0.03	0.08
’23	(0.04)	(0.04)	(0.01)	0.02	(0.07)
’22	(0.10)	(0.11)	(0.06)	0.00	(0.28)
’21	(0.07)	(0.09)	(0.12)	(0.06)	(0.33)
’20	(0.03)	0.03	0.02	(0.02)	0.00

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	10.11	2.66	3.24	5.60	3.65	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	33.36	10.94	7.15	9.59	6.93
People
People	Employees	—	—	—	—	1,238	1,727	1,349	1,277	1,368	1,139
	Revenue/emp, $m	—	—	—	0.00	0.08	0.07	0.12	0.16	0.17	0.21
Income, $m
Income, $m	Revenue	—	—	—	61	99	126	158	202	227	241
	Gross margin, %	—	—	—	66.99	64.68	60.57	66.48	69.75	73.66	77.47
	EBT	—	—	—	(4)	3	(70)	(56)	(11)	13	22
	EBT margin, %	—	—	—	(6.02)	3.51	(55.64)	(35.81)	(5.25)	5.85	9.35
	Net income	—	0	—	(5)	(1)	(61)	(52)	(14)	16	20
	Depreciation	—	—	—	3	2	4	5	5	3	3
Per share, $
Per share, $	Revenue	—	—	—	0.39	0.59	0.69	0.83	1.08	1.22	1.34
	Earnings	—	—	—	(0.03)	0.00	(0.33)	(0.28)	(0.07)	0.09	0.11
	Cash flow	—	—	—	0.01	0.07	(0.29)	(0.15)	0.02	0.14	0.19
	Capex	—	—	—	(0.01)	(0.01)	(0.01)	0.00	0.00	(0.01)	(0.01)
	Free cash flow	—	—	—	0.00	0.06	(0.30)	(0.15)	0.02	0.13	0.18
	Book value	—	—	—	0.30	0.45	1.80	1.44	1.29	1.37	1.30
	Shares, m	—	—	—	156	168	182	191	186	185	180
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.00	0.00	78.22	32.78
	P/S	—	—	—	33.72	33.72	15.47	4.75	6.19	4.81	2.81
	P/B	—	—	—	69.52	69.52	5.95	2.73	5.19	4.29	2.89
	EV/Sales	—	—	—	33.45	33.45	13.14	3.25	5.16	3.87	2.01
	EV/FCF	—	—	—	(437.95)	(437.95)	(30.40)	(17.35)	274.52	36.69	14.99
Cash, $m
Cash, $m	Operating cash flow	—	—	—	2	11	(53)	(29)	4	26	33
	Capex	—	—	—	(2)	(2)	(2)	0	0	(2)	(1)
	Free cash flow	—	—	—	0	10	(55)	(30)	4	24	32
Balance, $m
Balance, $m	Working capital	—	—	—	37	62	291	225	189	205	180
	Total debt	—	—	—	14	10	6	4	2	2	1
	Net debt	—	—	—	(33)	(67)	(293)	(236)	(207)	(213)	(191)
	Shareholders’ equity	—	—	—	47	76	327	275	240	254	234
Returns, %
Returns, %	ROA	—	—	—	(9.40)	(0.77)	(21.81)	(13.57)	(3.92)	4.50	5.65
	ROIC	—	—	—	(7.92)	45.93	(121.60)	(81.57)	(27.53)	11.25	26.50
	ROE	—	—	—	(7.48)	(1.49)	(30.03)	(17.42)	(5.32)	6.40	8.21

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
PUBM PubMatic, Inc.	$812.2M	— (loss-making)	— (loss-making)	+10.55% (above 0%: growing)	n/m	+47.47% (above 0%: growing)	67.07%	0.74%	Compare
MNTN MNTN Inc.	$784.7M	13.2×	10.3×	+20.56% (above 0%: growing)	n/m	+87.71% (above 0%: growing)	80.32%	8.62%	Compare
SMWB Similarweb Ltd.	$770.0M	— (loss-making)	— (loss-making)	+8.76% (above 0%: growing)	n/m	+217.42% (above 0%: growing)	80.73%	0.96%	Compare
MITK Mitek Systems, Inc.	$761.7M	32.2×	36.0×	+18.17% (above 0%: growing)	+280.00% (above 0%: growing)	+19.18% (above 0%: growing)	84.86%	21.36%	Compare
YALA Truth Social God Bless America ETF	$719.4M	6.2×	6.7×	−2.31% (below 0%: shrinking)	−12.50% (below 0%: shrinking)	+9,191.70% (above 0%: growing)	67.55%	23.49%	Compare
PAR PAR Technology Corporation	$717.6M	— (loss-making)	— (loss-making)	+18.69% (above 0%: growing)	n/m	+142.91% (above 0%: growing)	42.41%	(9.67%)	Compare
VTEX VTEX	$714.8M	24.6×	19.5×	+9.52% (above 0%: growing)	+200.00% (above 0%: growing)	+79.12% (above 0%: growing)	80.31%	15.00%
DCBO Docebo Inc.	$701.6M	23.6×	17.2×	+13.04% (above 0%: growing)	−10.00% (below 0%: shrinking)	−154.48% (below 0%: shrinking)	79.44%	3.76%	Compare
SPT Sprout Social, Inc.	$701.5M	— (loss-making)	— (loss-making)	+10.80% (above 0%: growing)	n/m	+87.64% (above 0%: growing)	77.59%	(2.16%)	Compare
Median of peers	$740.5M	18.4×	13.8×	+11.92%	−10.00%	+87.67%	78.52%	2.36%

All 237 Software Application stocks →

VTEX (VTEX) key facts

Strength: VTEX’s revenue for fiscal 2025 (year ended December 2025) was $240.5 million, up 6.11% from fiscal 2024.
VTEX (VTEX) is a Software Application company in the Technology sector, listed on the New York Stock Exchange.
As of October 16, 2026, VTEX traded at $4.19, a market capitalization of $714.8 million.
Return on equity was 8.21% and debt-to-equity 0.02.
Its Piotroski F-score is 8 out of 9 and its Altman Z-score is 4.71 (safe zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.