Growth & profitability
- Revenue has grown 9.4% per year over the past 2 years.
- Operating margin has expanded, at 7.5% in the latest year.
- Free cash flow has grown 156.0% per year over the past 2 years.
3 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $241M | $20M | 77.5% | 7.5% | $32M | — | $16M |
| 2024 | $227M | $16M | 73.7% | 3.3% | $24M | — | $19M |
| 2023 | $201M | -$16M | 69.6% | -7.0% | $5M | — | — |
How the market has priced VTEX against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 2 years, Vtex's revenue has grown 9.4% per year. These are computed facts, not advice.
As of FY2025, Vtex reported — of total debt against $16M of cash.
In FY2025, gross margin was 77.5%, operating margin 7.5%, and net margin 8.3%.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.