Vtex (VTEX) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	252.6M	240.5M	226.7M	201.5M	157.6M
Cost of Revenue	53.0M	54.2M	59.4M	60.9M	52.8M
Gross Profit	199.6M	186.3M	167.3M	140.6M	104.8M
Operating Expenses
R&D Expense	68.6M	63.9M	53.6M	60.1M	57.2M
SG&A Expense	99.8M	102.6M	102.3M	93.1M	96.1M
General & Admin Expense	32.9M	34.0M	34.4M	33.7M	28.3M
Selling & Marketing Expense	66.9M	68.6M	67.9M	59.5M	67.8M
Other Expenses	(16.0K)	1.7M	1.3M	1.9M	1.4M
Total Operating Expenses	168.3M	168.2M	157.2M	155.2M	154.7M
Cost and Expenses	221.3M	222.4M	216.6M	216.1M	207.5M
Operating Income (EBIT)	31.3M	18.1M	10.1M	(14.6M)	(49.9M)
Non-Operating
Interest Income	2.8M	3.7M	14.2M	23.8M	2.3M
Interest Expense	—	—	1.4M	578.0K	733.0K
Net Interest Income	2.8M	3.7M	12.7M	23.2M	1.5M
Other Non-Op Income/Expense	1.3M	4.4M	(440.0K)	4.0M	(6.5M)
Non-Operating Income (excl Interest)	322.0K	(4.4M)	69.0K	(4.6M)	5.8M
EBT (Pre-Tax Income)	32.6M	22.5M	9.7M	(10.6M)	(56.4M)
Income Tax Expense	2.4M	2.5M	(2.3M)	3.1M	(4.0M)
Bottom Line
Net Income	30.3M	20.0M	12.0M	(13.7M)	(52.4M)
Earnings from Cont. Ops	30.3M	20.0M	12.0M	(13.7M)	(52.4M)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	30.3M	20.0M	12.0M	(13.7M)	(52.4M)
Per Share
Basic EPS	$0.17	$0.11	$0.06	($0.07)	($0.27)
Diluted EPS	$0.17	$0.11	$0.06	($0.07)	($0.27)
Revenue Per Share	$1.48	$1.30	$1.23	$1.08	$0.83
Shares
Basic Shares Outstanding	170.8M	185.3M	185.0M	186.4M	190.7M
Diluted Shares Outstanding	170.8M	185.3M	192.3M	186.4M	190.7M
Profitability Metrics
EBITDA	34.4M	25.7M	14.4M	(5.0M)	(51.1M)
D&A	3.5M	3.3M	4.4M	5.0M	4.6M
EBIT	31.0M	22.5M	10.0M	(10.0M)	(55.7M)

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026