Vtex (VTEX) Cost of Revenue (2020 - 2026)

Vtex's Cost of Revenue history runs 7 years deep, the most recent figure standing at $12.2 million for Q1 2026.

• On a quarterly basis, Cost of Revenue fell 7.12% year-over-year to $12.2 million in Q1 2026; TTM through Mar 2026 was $80.0 million, a 31.24% decrease from a year earlier, with the FY2025 full-year figure at $54.2 million, down 9.25% from the prior year.
• Cost of Revenue slipped to $12.2 million in Q1 2026 per VTEX's latest filing, from $14.0 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $44.1 million in Q3 2024 and bottomed at $12.2 million in Q1 2026.
• The 5-year median for Cost of Revenue is $14.6 million (2022), against an average of $19.1 million.
• Across the five-year window, Cost of Revenue jumped 193.75% in 2024 and slumped 68.23% in 2025, its largest moves.
• Year by year, Cost of Revenue stood at $14.6 million in 2022, then rose by 8.9% to $15.9 million in 2023, then jumped by 177.13% to $44.1 million in 2024, then slumped by 68.23% to $14.0 million in 2025, then slipped by 12.54% to $12.2 million in 2026.
• Per Business Quant, the three latest VTEX Cost of Revenue figures stand at $12.2 million (Q1 2026), $14.0 million (Q4 2025), and $40.2 million (Q3 2025).