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VTEX (VTEX) Financials

VTEX logo
$3.51 +0.01 (+0.40%)
Closing price 03:59 PM Eastern
Extended Trading
$3.52 +0.01 (+0.31%)
As of 04:43 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.
Annual Income Statements for VTEX

Annual Income Statements for VTEX

This table shows VTEX's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Income / (Loss) Attributable to Common Shareholders
-5.46 -5.02 -61 -52 -16 16 20
Consolidated Net Income / (Loss)
-4.58 -0.83 -61 -52 -16 16 20
Net Income / (Loss) Continuing Operations
-5.46 -5.11 -61 -56 -16 16 20
Total Pre-Tax Income
-3.69 3.46 -61 -56 -12 13 22
Total Operating Income
-3.48 1.69 -67 -52 -14 7.39 18
Total Gross Profit
41 64 76 105 140 167 186
Total Revenue
40 70 61 158 201 227 241
Operating Revenue
40 70 61 158 201 227 241
Total Cost of Revenue
20 35 50 53 61 60 54
Operating Cost of Revenue
20 35 50 53 61 60 54
Total Operating Expenses
23 33 79 157 154 160 168
Selling, General & Admin Expense
11 14 32 28 34 36 36
Marketing Expense
- - - 68 59 69 69
Research & Development Expense
13 19 45 57 60 55 64
Total Other Income / (Expense), net
-1.10 -2.52 6.47 -7.63 1.58 5.88 4.37
Other Income / (Expense), net
-1.10 -2.52 6.47 - 1.58 5.88 4.37
Income Tax Expense
0.88 4.29 - -4.03 3.39 -2.54 2.45
Net Income / (Loss) Attributable to Noncontrolling Interest
- -0.09 - - -0.01 -0.01 0.02
Basic Earnings per Share
- - - ($0.28) ($0.09) $0.09 $0.11
Weighted Average Basic Shares Outstanding
- - 191.03M 188.99M 184.03M 184.81M 172.99M
Diluted Earnings per Share
- - - ($0.28) ($0.09) $0.08 $0.11
Weighted Average Diluted Shares Outstanding
- - 191.03M 188.99M 184.03M 184.81M 172.99M
Weighted Average Basic & Diluted Shares Outstanding
- - 191.03M 188.99M 184.03M 184.81M 172.99M

Quarterly Income Statements for VTEX

No quarterly income statements for VTEX are available.


Annual Cash Flow Statements for VTEX

This table details how cash moves in and out of VTEX's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Net Change in Cash & Equivalents
-11 -128 68 -91 2.65 -6.79 -3.42
Net Cash From Operating Activities
-5.00 -122 -62 -46 5.41 26 33
Net Cash From Continuing Operating Activities
-5.00 -122 -62 -46 5.41 26 33
Net Income / (Loss) Continuing Operations
-4.58 -0.83 -61 -52 -16 16 20
Consolidated Net Income / (Loss)
-4.58 -0.83 -61 -52 -16 16 20
Depreciation Expense
2.53 2.40 4.07 4.62 3.96 3.23 3.26
Non-Cash Adjustments To Reconcile Net Income
-11 -145 -22 2.77 12 10 11
Changes in Operating Assets and Liabilities, net
8.08 21 16 -1.06 5.31 -3.12 -0.75
Net Cash From Investing Activities
-4.93 -5.29 -167 -45 35 -21 25
Net Cash From Continuing Investing Activities
-4.93 -5.29 -167 -45 35 -21 25
Purchase of Property, Plant & Equipment
-1.83 -1.65 -1.38 -0.34 -0.48 -2.07 -1.04
Acquisitions
-3.10 -3.65 -5.71 -1.69 -135 -137 -208
Purchase of Investments
0.00 0.00 -178 -121 -0.11 -3.99 0.89
Divestitures
- - - - 0.00 1.03 0.00
Sale and/or Maturity of Investments
0.00 0.00 18 78 171 121 233
Net Cash From Financing Activities
-1.37 0.00 296 0.00 -38 -12 -62
Net Cash From Continuing Financing Activities
-1.37 0.00 296 0.00 -38 -12 -62
Repayment of Debt
- - - - -1.24 -0.07 -0.05
Repurchase of Common Equity
- - - - -35 -11 -59
Payment of Dividends
-1.37 - - - 0.00 0.00 -0.16
Other Financing Activities, net
- - - - -1.46 -0.78 -2.27
Cash Interest Paid
1.14 0.96 0.78 0.73 -0.01 0.00 0.00
Cash Income Taxes Paid
-0.56 1.94 4.85 0.31 0.08 -1.92 0.10

Quarterly Cash Flow Statements for VTEX

No quarterly cash flow statements for VTEX are available.


Annual Balance Sheets for VTEX

This table presents VTEX's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2020 2021 2022 2023 2024 2025
Period end date 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Total Assets
140 415 358 341 362 347
Total Current Assets
109 350 287 266 285 268
Cash & Equivalents
59 121 24 28 19 16
Short-Term Investments
17 177 214 181 196 176
Accounts Receivable
24 35 37 44 53 62
Prepaid Expenses
2.38 7.91 4.15 5.14 5.27 5.07
Current Deferred & Refundable Income Taxes
4.07 - - - 10 6.72
Other Current Assets
0.22 0.40 0.21 0.08 1.67 2.02
Plant, Property, & Equipment, net
4.55 4.71 3.91 2.70 2.97 3.25
Total Noncurrent Assets
23 60 63 66 73 76
Long-Term Investments
0.14 0.62 1.15 1.12 9.65 9.65
Noncurrent Note & Lease Receivables
0.00 6.14 5.43 7.42 11 6.22
Goodwill
- - - - 22 26
Intangible Assets
15 34 31 30 6.82 7.95
Noncurrent Deferred & Refundable Income Taxes
2.17 13 18 20 14 17
Other Noncurrent Operating Assets
5.30 6.86 7.57 7.10 9.19 8.93
Total Liabilities & Shareholders' Equity
140 415 358 341 362 347
Total Liabilities
40 17 14 43 107 113
Total Current Liabilities
24 59 62 77 80 88
Accounts Payable
- - - - 36 36
Current Deferred Revenue
14 - - 26 33 38
Current Deferred & Payable Income Tax Liabilities
6.79 5.04 - - 7.86 7.26
Other Current Liabilities
1.01 1.37 1.97 3.35 3.61 6.55
Total Noncurrent Liabilities
16 29 21 24 28 25
Noncurrent Deferred Revenue
5.01 - - - 22 18
Noncurrent Deferred & Payable Income Tax Liabilities
0.73 2.21 2.62 2.67 0.81 0.75
Other Noncurrent Operating Liabilities
0.19 0.27 0.19 0.45 3.81 6.62
Commitments & Contingencies
- - - - 0.00 0.00
Total Equity & Noncontrolling Interests
76 327 275 240 254 234
Total Preferred & Common Equity
76 327 275 240 254 233
Total Common Equity
76 327 275 240 254 233
Common Stock
0.02 0.02 0.02 0.02 366 322
Retained Earnings
-3.44 -64 -116 -130 -110 -90
Accumulated Other Comprehensive Income / (Loss)
- - - - -2.02 1.31
Noncontrolling Interest
0.13 0.01 0.02 0.04 0.03 0.06

Quarterly Balance Sheets for VTEX

No quarterly balance sheets for VTEX are available.


Annual Metrics And Ratios for VTEX

This table displays calculated financial ratios and metrics derived from VTEX's official financial filings.

Metric 2019 2020 2021 2022 2023 2024 2025
Period end date 12/31/2019 12/31/2020 12/31/2021 12/31/2022 12/31/2023 12/31/2024 12/31/2025
Growth Metrics
- - - - - - -
Revenue Growth
0.00% 74.37% -12.59% 157.58% -6.01% 9.45% 6.11%
EBITDA Growth
0.00% 176.83% -3,683.62% 15.30% 81.85% 288.54% 56.00%
EBIT Growth
0.00% 81.97% -7,235.03% 13.38% 73.88% 187.59% 69.41%
NOPAT Growth
0.00% 83.44% -11,526.17% 21.75% 73.88% 255.33% 83.33%
Net Income Growth
0.00% 81.97% -7,235.03% 13.38% 73.88% 187.59% 26.68%
EPS Growth
0.00% 0.00% 0.00% 0.00% 73.45% 184.93% 31.71%
Operating Cash Flow Growth
0.00% -2,351.21% 49.62% 25.26% 59.07% 207.74% 28.51%
Free Cash Flow Firm Growth
0.00% 0.00% -271.95% 67.90% 134.46% -30.11% -75.04%
Invested Capital Growth
0.00% 0.00% 222.60% 0.08% -22.68% 7.95% 7.98%
Revenue Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBITDA Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EBIT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
NOPAT Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Net Income Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
EPS Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Cash Flow Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Free Cash Flow Firm Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Invested Capital Q/Q Growth
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Profitability Metrics
- - - - - - -
Gross Margin
102.32% 91.17% 124.49% 66.48% 94.88% 103.17% 77.47%
EBITDA Margin
-5.11% 2.25% -92.24% -30.33% -5.86% 10.09% 10.70%
Operating Margin
-8.67% 2.42% -109.47% -33.26% -9.24% 7.40% 7.53%
EBIT Margin
-11.40% -1.18% -98.89% -33.26% -9.24% 7.40% 9.35%
Profit (Net Income) Margin
-11.40% -1.18% -98.89% -33.26% -9.24% 7.40% 8.33%
Tax Burden Percent
123.91% -23.82% 100.00% 92.87% 129.35% 124.13% 89.09%
Interest Burden Percent
80.70% -419.76% 100.00% 107.68% 77.31% 80.56% 100.00%
Effective Tax Rate
0.00% 123.82% 0.00% 0.00% 0.00% -24.13% 10.91%
Return on Invested Capital (ROIC)
0.00% -2.65% -73.02% -37.41% -11.02% 18.88% 52.66%
ROIC Less NNEP Spread (ROIC-NNEP)
0.00% -0.79% -63.09% -29.66% -8.61% 20.59% 50.84%
Return on Net Nonoperating Assets (RNNOA)
0.00% 0.48% 42.98% 19.99% 5.70% -14.04% -44.45%
Return on Equity (ROE)
0.00% -2.18% -30.04% -17.42% -5.32% 4.84% 8.21%
Cash Return on Invested Capital (CROIC)
0.00% -202.65% -178.36% -37.49% 14.57% 11.23% 44.98%
Operating Return on Assets (OROA)
0.00% -0.59% -21.81% -13.57% -3.92% 3.39% 6.34%
Return on Assets (ROA)
0.00% -0.59% -21.81% -13.57% -3.92% 3.39% 5.65%
Return on Common Equity (ROCE)
0.00% -2.17% -30.03% -17.42% -5.32% 4.83% 8.21%
Return on Equity Simple (ROE_SIMPLE)
0.00% -1.09% -18.50% -19.09% -5.70% 4.69% 0.00%
Net Operating Profit after Tax (NOPAT)
-2.44 -0.40 -47 -37 -9.59 15 16
NOPAT Margin
-6.07% -0.58% -76.63% -23.28% -6.47% 9.18% 6.71%
Net Nonoperating Expense Percent (NNEP)
0.00% -1.86% -9.93% -7.75% -2.41% -1.71% 1.83%
Return On Investment Capital (ROIC_SIMPLE)
- - - -13.13% -3.95% 5.78% 6.91%
Cost of Revenue to Revenue
50.43% 49.78% 81.04% 33.52% 44.64% 37.52% 22.53%
SG&A Expenses to Revenue
26.63% 19.94% 52.11% 17.99% 22.73% 21.23% 14.84%
R&D to Revenue
31.60% 27.20% 73.84% 36.29% 40.58% 33.07% 26.56%
Operating Expenses to Revenue
58.23% 47.80% 128.43% 99.74% 64.60% 55.09% 69.94%
Earnings before Interest and Taxes (EBIT)
-4.58 -0.83 -61 -52 -14 12 22
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
-2.05 1.58 -56 -48 -8.68 16 26
Valuation Ratios
- - - - - - -
Price to Book Value (P/BV)
0.00 4.77 0.62 2.61 5.41 4.24 2.98
Price to Tangible Book Value (P/TBV)
0.00 5.96 0.69 2.94 6.18 4.78 3.49
Price to Revenue (P/Rev)
8.99 5.16 3.33 4.54 8.78 6.68 2.89
Price to Earnings (P/E)
0.00 0.00 0.00 0.00 0.00 90.34 34.73
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
0.00% 0.00% 0.00% 0.00% 0.00% 1.11% 2.88%
Enterprise Value to Invested Capital (EV/IC)
0.00 9.73 0.00 4.89 14.39 10.63 15.51
Enterprise Value to Revenue (EV/Rev)
0.00 4.22 0.00 3.05 7.37 5.37 2.05
Enterprise Value to EBITDA (EV/EBITDA)
0.00 187.74 0.00 0.00 0.00 53.24 19.16
Enterprise Value to EBIT (EV/EBIT)
0.00 0.00 0.00 0.00 0.00 72.60 21.94
Enterprise Value to NOPAT (EV/NOPAT)
0.00 0.00 0.00 0.00 0.00 58.49 30.57
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 0.00 0.00 0.00 0.00 42.84 14.78
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 86.17 98.33 35.79
Leverage & Solvency
- - - - - - -
Debt to Equity
0.00 0.15 0.03 0.02 0.01 0.01 0.00
Long-Term Debt to Equity
0.00 0.13 0.02 0.01 0.01 0.01 0.00
Financial Leverage
0.00 -0.60 -0.68 -0.67 -0.66 -0.68 -0.87
Leverage Ratio
0.00 1.85 1.38 1.28 1.36 1.43 1.45
Compound Leverage Factor
0.00 -7.76 1.38 1.38 1.05 1.15 1.45
Debt to Total Capital
0.00% 13.34% 2.43% 1.75% 0.92% 0.66% 0.00%
Short-Term Debt to Total Capital
0.00% 1.81% 0.62% 0.41% 0.00% 0.00% 0.00%
Long-Term Debt to Total Capital
0.00% 11.53% 1.81% 1.34% 0.92% 0.66% 0.00%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.14% 0.00% 0.01% 0.02% 0.02% 0.03%
Common Equity to Total Capital
0.00% 86.51% 97.56% 98.24% 99.06% 99.32% 99.97%
Debt to EBITDA
0.00 7.40 -0.14 -0.10 -0.26 0.10 0.00
Net Debt to EBITDA
0.00 -41.54 5.17 4.95 24.01 -13.03 0.00
Long-Term Debt to EBITDA
0.00 6.40 -0.11 -0.08 -0.26 0.10 0.00
Debt to NOPAT
0.00 -28.91 -0.17 -0.13 -0.23 0.11 0.00
Net Debt to NOPAT
0.00 162.22 6.22 6.44 21.73 -14.31 0.00
Long-Term Debt to NOPAT
0.00 -24.98 -0.13 -0.10 -0.23 0.11 0.00
Altman Z-Score
0.00 6.65 7.46 31.41 18.63 14.12 4.85
Noncontrolling Interest Sharing Ratio
0.00% 0.17% 0.03% 0.00% 0.01% 0.02% 0.02%
Liquidity Ratios
- - - - - - -
Current Ratio
0.00 4.62 5.94 4.63 3.45 3.51 3.04
Quick Ratio
0.00 4.25 5.65 4.44 3.28 3.30 2.88
Cash Flow Metrics
- - - - - - -
Free Cash Flow to Firm (FCFF)
0.00 -31 -115 -37 13 8.86 14
Operating Cash Flow to CapEx
-273.25% -7,429.49% -4,459.94% -13,558.24% -3,997.46% 982.50% 3,211.45%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 -1.17 0.29 0.26 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 -1.47 -0.44 0.61 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 -1.48 -0.45 0.54 0.00
Efficiency Ratios
- - - - - - -
Asset Turnover
0.00 0.50 0.22 0.41 0.42 0.46 0.68
Accounts Receivable Turnover
0.00 2.86 2.07 4.41 3.66 3.36 4.22
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.00 15.38 13.21 36.57 44.85 56.94 77.40
Accounts Payable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 1.50
Days Sales Outstanding (DSO)
0.00 127.69 176.48 82.82 99.74 108.77 86.59
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
0.00 0.00 0.00 0.00 0.00 0.00 243.26
Cash Conversion Cycle (CCC)
0.00 127.69 176.48 82.82 99.74 108.77 -156.67
Capital & Investment Metrics
- - - - - - -
Invested Capital
0.00 30 98 98 76 82 32
Invested Capital Turnover
0.00 4.61 0.95 1.61 1.70 2.06 7.85
Increase / (Decrease) in Invested Capital
0.00 30 68 0.08 -22 6.03 2.35
Enterprise Value (EV)
0.00 296 -88 480 1,092 871 493
Market Capitalization
361 361 204 716 1,300 1,084 695
Book Value per Share
$0.00 $3.98 $1.71 $1.44 $1.27 $1.39 $1.26
Tangible Book Value per Share
$0.00 $3.19 $1.54 $1.27 $1.11 $1.23 $1.08
Total Capital
0.00 87 335 280 243 257 234
Total Debt
0.00 12 8.17 4.89 2.23 1.70 0.00
Total Long-Term Debt
0.00 10 6.08 3.74 2.23 1.70 0.00
Net Debt
0.00 -65 -292 -236 -208 -213 -202
Capital Expenditures (CapEx)
1.83 1.65 1.38 0.34 0.47 2.07 1.04
Debt-free, Cash-free Net Working Capital (DFCFNWC)
0.00 9.81 -6.67 -14 -20 -11 -13
Debt-free Net Working Capital (DFNWC)
0.00 87 293 226 189 204 180
Net Working Capital (NWC)
0.00 85 291 225 189 204 180
Net Nonoperating Expense (NNE)
2.14 0.42 14 16 4.11 2.89 -3.90
Net Nonoperating Obligations (NNO)
0.00 -45 -229 -177 -164 -174 -202
Total Depreciation and Amortization (D&A)
2.53 2.40 4.07 4.62 5.02 4.36 3.26
Debt-free, Cash-free Net Working Capital to Revenue
0.00% 14.01% -10.89% -8.80% -13.77% -6.90% -5.22%
Debt-free Net Working Capital to Revenue
0.00% 123.94% 478.35% 143.57% 127.58% 125.57% 74.65%
Net Working Capital to Revenue
0.00% 121.67% 474.94% 142.84% 127.58% 125.57% 74.65%
Earnings Adjustments
- - - - - - -
Adjusted Basic Earnings per Share
$0.00 $0.00 ($0.33) ($0.28) $0.00 $0.07 $0.11
Adjusted Weighted Average Basic Shares Outstanding
0.00 0.00 191.03M 188.99M 184.03M 184.81M 172.99M
Adjusted Diluted Earnings per Share
$0.00 $0.00 ($0.33) ($0.28) $0.00 $0.06 $0.11
Adjusted Weighted Average Diluted Shares Outstanding
0.00 0.00 191.03M 188.99M 184.03M 184.81M 172.99M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 ($0.33) $0.00 $0.00 $0.07 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
0.00 0.00 191.03M 188.99M 184.03M 184.81M 172.99M
Normalized Net Operating Profit after Tax (NOPAT)
-2.44 1.19 -47 -37 -9.59 8.40 16
Normalized NOPAT Margin
-6.07% 1.69% -76.63% -23.28% -6.47% 5.18% 6.71%
Pre Tax Income Margin
-9.20% 4.95% -98.89% -35.81% -7.15% 5.96% 9.35%
Debt Service Ratios
- - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 -1.67 -0.32 0.36 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 -1.17 -0.22 0.44 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 -1.68 -0.33 0.30 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 -1.18 -0.23 0.38 0.00
Payout Ratios
- - - - - - -
Dividend Payout Ratio
-29.85% 0.00% 0.00% 0.00% 0.00% 0.00% 0.82%
Augmented Payout Ratio
-29.85% 0.00% 0.00% 0.00% 0.00% 0.00% 295.95%

Quarterly Metrics And Ratios for VTEX

No quarterly metrics and ratios for VTEX are available.



Financials Breakdown Chart

VTEX Financials - Frequently Asked Questions

According to the most recent income statement we have on file, VTEX's fiscal year ends in December. Their fiscal year 2025 ended on December 31, 2025.

VTEX's net income appears to be on a downward trend, with a most recent value of $20.03 million in 2025, falling from -$4.58 million in 2019. The previous period was $15.81 million in 2024. See where experts think VTEX is headed by visiting VTEX's forecast page.

VTEX's total operating income in 2025 was $18.11 million, based on the following breakdown:
  • Total Gross Profit: $186.34 million
  • Total Operating Expenses: $168.23 million

Over the last 6 years, VTEX's total revenue changed from $40.15 million in 2019 to $240.52 million in 2025, a change of 499.1%.

VTEX's total liabilities were at $113.07 million at the end of 2025, a 5.8% increase from 2024, and a 185.9% increase since 2020.

In the past 5 years, VTEX's cash and equivalents has ranged from $15.74 million in 2025 to $121.01 million in 2021, and is currently $15.74 million as of their latest financial filing in 2025.

Over the last 6 years, VTEX's book value per share changed from 0.00 in 2019 to 1.26 in 2025, a change of 126.3%.



Financial statements for NYSE:VTEX last updated on 3/6/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.
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