Growth Metrics

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

Vtex's quarterly Cost of Revenue came in at $16.8 million in Q1 2026, little changed year-on-year from $16.8 million in Q1 2025, and down 5.01% quarter-over-quarter from $17.7 million in Q4 2025.

Vtex has reported Cost of Revenue for 7 years, with the latest figure at $16.8 million in Q1 2026.

  • For the quarter ending Q1 2026, Cost of Revenue changed 0.45% year-over-year to $16.8 million; the trailing twelve-month figure through Mar 2026 stood at $68.6 million (changed 0.48% YoY), and the FY2025 full-year result was $68.6 million, changed 0.07% from the prior year.
  • Cost of Revenue for Q1 2026 stood at $16.8 million, down from $17.7 million in the prior quarter.
  • The five-year high for Cost of Revenue was $59.4 million in Q4 2023, with the low at $12.4 million in Q4 2022.
  • Average Cost of Revenue over 5 years is $19.1 million, with a median of $16.8 million recorded in 2025.
  • Year-over-year, Cost of Revenue soared 378.65% in 2023 and tumbled 70.58% in 2024.
  • Tracing VTEX's Cost of Revenue over 5 years: stood at $12.4 million in 2022, then surged by 378.65% to $59.4 million in 2023, then sank by 70.58% to $17.5 million in 2024, then increased by 1.12% to $17.7 million in 2025, then fell 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn 3.02 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn 4.02 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn 1.33 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn 1.62 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn 940.00 Mn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn 211.49 Mn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn 1.71 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn 3.07 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn 1.79 Bn
10 Vtex 85.92 -13.94 Mn 48.45 Mn 16.77 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 16.77 Mn
Mar 31, 2026 16.77 Mn
Dec 31, 2025 17.66 Mn
Dec 31, 2025 17.66 Mn
Sep 30, 2025 16.70 Mn
Sep 30, 2025 16.70 Mn
Jun 30, 2025 17.44 Mn
Jun 30, 2025 17.44 Mn
Mar 31, 2025 16.85 Mn
Mar 31, 2025 16.85 Mn
Dec 31, 2024 17.46 Mn
Dec 31, 2024 17.46 Mn
Sep 30, 2024 16.61 Mn
Sep 30, 2024 16.61 Mn
Jun 30, 2024 17.32 Mn
Jun 30, 2024 17.32 Mn
Mar 31, 2024 17.21 Mn
Mar 31, 2024 17.21 Mn
Dec 31, 2023 59.35 Mn
Dec 31, 2023 59.35 Mn
Sep 30, 2023 15.10 Mn
Sep 30, 2023 15.10 Mn
Jun 30, 2023 14.45 Mn
Jun 30, 2023 14.45 Mn
Mar 31, 2023 14.78 Mn
Mar 31, 2023 14.78 Mn
Dec 31, 2022 12.40 Mn
Dec 31, 2022 12.40 Mn
Sep 30, 2022 16.20 Mn
Sep 30, 2022 16.20 Mn
Jun 30, 2022 21.30 Mn
Jun 30, 2022 21.30 Mn
Mar 31, 2022 17.90 Mn
Mar 31, 2022 17.90 Mn
Dec 31, 2021 17.46 Mn
Dec 31, 2021 17.46 Mn
Sep 30, 2021 19.33 Mn
Sep 30, 2021 19.33 Mn
Jun 30, 2021 15.70 Mn
Jun 30, 2021 15.70 Mn
Mar 31, 2021 11.04 Mn
Mar 31, 2021 11.04 Mn
Dec 31, 2020 7.49 Mn
Dec 31, 2020 7.49 Mn
Sep 30, 2020 5.25 Mn
Sep 30, 2020 5.25 Mn
Jun 30, 2020 5.36 Mn
Jun 30, 2020 5.36 Mn