Vtex (VTEX) EBITDA Margin (2020 - 2026)
Vtex's EBITDA Margin came in at 16.42% for Q2 2026, up 9.81 percentage points from 6.61% a year earlier and up 5.26 percentage points from the prior quarter.
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Analysis
Vtex (VTEX) EBITDA Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Vtex reported EBITDA Margin of 10.20%, up 4.92 percentage points year-over-year; for FY2025, it came in at 9.55%, up 4.87 percentage points from FY2024.
- EBITDA Margin has increased in each of the last four years, with a five-year change of +0.52 percentage points (FY2020 to FY2025).
- Going back by year, EBITDA Margin was 4.68% in FY2024 (+9.71 pp), -5.02% in FY2023 (+23.72 pp), -28.74% in FY2022 (+20.44 pp) and -49.18% in FY2021 (-58.22 pp).
- The five-year range for quarterly EBITDA Margin is -174.31% (Q4 2021) to 17.73% (Q4 2025).
- Year-over-year, EBITDA Margin has increased for 17 consecutive quarters, with an average year-over-year change of +5.64 percentage points over the last eight quarters.
- The fastest year-over-year change in EBITDA Margin over five years came in Q4 2022 (a gain of 170.44 percentage points), and the weakest in Q4 2021 (a drop of 169.15 percentage points).
- Business Quant data shows VTEX's EBITDA Margin at 11.16% (Q1 2026), 17.73% (Q4 2025) and 4.58% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,248.48 Bn | 4,006.00 Bn | 73.85 Bn | 39.96% |
| 2 | Meta Platforms | 1,873.50 Bn | 1,576.02 Bn | 49.47 Bn | 41.33% |
| 3 | Netflix | 304.25 Bn | 264.45 Bn | 6.52 Bn | 68.51% |
| 4 | Alibaba Group Holding | 257.83 Bn | 71.60 Bn | 15.11 Bn | - |
| 5 | Shopify | 230.63 Bn | 207.82 Bn | 1.71 Bn | 13.82% |
| 6 | Uber Technologies | 145.10 Bn | 116.90 Bn | 6.38 Bn | 14.69% |
| 7 | Booking Holdings | 127.39 Bn | 60.44 Bn | - | 35.76% |
| 8 | PDD Holdings | 115.26 Bn | -128.52 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 109.42 Bn | 66.92 Bn | 1.86 Bn | 14.32% |
| 10 | Vtex | 760.70 Mn | -13.61 Mn | 51.71 Mn | 16.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.42% |
| Mar 31, 2026 | 11.16% |
| Dec 31, 2025 | 17.73% |
| Sep 30, 2025 | 8.76% |
| Jun 30, 2025 | 6.61% |
| Mar 31, 2025 | 3.36% |
| Dec 31, 2024 | 12.60% |
| Sep 30, 2024 | 8.00% |
| Jun 30, 2024 | 4.00% |
| Mar 31, 2024 | -2.68% |
| Dec 31, 2023 | 10.37% |
| Sep 30, 2023 | -6.96% |
| Jun 30, 2023 | -10.10% |
| Mar 31, 2023 | -336.43% |
| Dec 31, 2022 | -3.93% |
| Sep 30, 2022 | -451.63% |
| Jun 30, 2022 | -46.02% |
| Mar 31, 2022 | -746.53% |
| Dec 31, 2021 | -32.09% |
| Sep 30, 2021 | -73.26% |
API Access
Vtex EBITDA Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda-margin&ticker=VTEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "ticker": "VTEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebitda-margin&ticker=VTEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();