Vtex (VTEX) Cost of Revenue (2019 - 2026)

Vtex's Cost of Revenue history runs 8 years deep, the most recent figure standing at $16.8 million for Q1 2026.

• In Q1 2026, Cost of Revenue changed 0.45% year-over-year to $16.8 million; the TTM figure through Mar 2026 stood at $68.6 million (changed 0.48% YoY), while the FY2025 annual figure was $68.6 million, changed 0.07% from the prior year.
• Cost of Revenue was $16.8 million for Q1 2026 at Vtex, down from $17.7 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $59.4 million in Q4 2023 to a low of $12.4 million in Q4 2022.
• Historically, Cost of Revenue has averaged $19.1 million across 5 years, with a median of $16.8 million in 2025.
• The sharpest annual moves came in 2023 and 2024: Cost of Revenue jumped 378.65% in 2023, then tumbled 70.58% in 2024.
• A 5-year view of Cost of Revenue shows it stood at $12.4 million in 2022, then jumped by 378.65% to $59.4 million in 2023, then slumped by 70.58% to $17.5 million in 2024, then grew by 1.12% to $17.7 million in 2025, then declined by 5.01% to $16.8 million in 2026.
• The last three Cost of Revenue figures came in at $16.8 million (Q1 2026), $17.7 million (Q4 2025), and $16.7 million (Q3 2025), per Business Quant data.