Vtex (VTEX) EBT Margin (2019 - 2026)
Vtex (VTEX) recorded quarterly EBT Margin of 6.73% in Q1 2026, down 57.93% quarter-over-quarter from 15.99% in Q4 2025, and up 407.0% on a YoY basis from 1.33% in Q1 2025.
Vtex (VTEX) EBT Margin (2019 - 2026) Analysis & Trends
Vtex's EBT Margin history runs 8 years deep, the most recent figure standing at 6.73% for Q1 2026.
- In Q1 2026, EBT Margin rose 407.0% year-over-year to 6.73%; the TTM figure through Mar 2026 stood at 10.17% (up 231.0% YoY), while the FY2025 annual figure was 9.35%, up 349.0% from the prior year.
- EBT Margin was 6.73% for Q1 2026 at Vtex, down from 15.99% in the prior quarter.
- In the past five years, EBT Margin ranged from a high of 15.99% in Q4 2025 to a low of 313.77% in Q1 2023.
- Historically, EBT Margin has averaged 39.98% across 5 years, with a median of 0.76% in 2025.
- The sharpest annual moves came in 2023 and 2024: EBT Margin slumped 25267 bps in 2023, then soared 30764 bps in 2024.
- A 5-year view of EBT Margin shows it stood at 28.87% in 2022, then rose by 29 bps to 20.53% in 2023, then soared by 163 bps to 12.88% in 2024, then increased by 24 bps to 15.99% in 2025, then sank by 58 bps to 6.73% in 2026.
- The last three EBT Margin figures came in at 6.73% (Q1 2026), 15.99% (Q4 2025), and 10.7% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 28.74% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 3.76% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | -20.00% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 24.25% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 29.04% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 17.85% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 30.00% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 33.82% |
| 10 | Vtex | 87.00 | -13.94 Mn | 48.45 Mn | 6.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.73% |
| Dec 31, 2025 | 15.99% |
| Sep 30, 2025 | 10.70% |
| Jun 30, 2025 | 6.47% |
| Mar 31, 2025 | 2.66% |
| Dec 31, 2024 | 12.88% |
| Sep 30, 2024 | 3.99% |
| Jun 30, 2024 | 11.22% |
| Mar 31, 2024 | -6.13% |
| Dec 31, 2023 | -20.53% |
| Sep 30, 2023 | -4.18% |
| Jun 30, 2023 | -213.42% |
| Mar 31, 2023 | -313.77% |
| Sep 30, 2022 | -28.87% |
| Jun 30, 2022 | -62.27% |
| Mar 31, 2022 | -61.10% |
| Dec 31, 2021 | -38.58% |
| Sep 30, 2021 | -77.75% |
| Jun 30, 2021 | -57.03% |
| Mar 31, 2021 | -51.26% |