Vtex (VTEX) EBT Margin (2019 - 2026)
Vtex (VTEX) posted EBT Margin of 17.59% for Q2 2026, up 160.44% on a QoQ basis from 6.75% in Q1 2026, and up 1113.0% year-over-year from 1.45% in Q2 2025.
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Analysis
Vtex (VTEX) EBT Margin (2019 - 2026) Analysis & Trends
Vtex has reported EBT Margin for 8 years, with the latest figure at 17.59% in Q2 2026.
- On a quarterly basis, EBT Margin rose 1113.0% year-over-year to 17.59% in Q2 2026; TTM through Jun 2026 was 10.38%, a 621.0% increase from a year earlier, with the FY2025 full-year figure at 9.35%, up 349.0% from the prior year.
- EBT Margin was 17.59% for Q2 2026 at Vtex, up from 6.75% in the prior quarter.
- The five-year high for EBT Margin was 17.59% in Q2 2026, with the low at 313.77% in Q1 2023.
- Average EBT Margin over 5 years is 24.06%, with a median of 3.24% recorded in 2024.
- The sharpest annual moves came in 2023 and 2024: EBT Margin sank 25267 bps in 2023, then jumped 30769 bps in 2024.
- Over 5 years, EBT Margin stood at 28.87% in 2022, then surged by 119 bps to 5.46% in 2023, then dropped by 12 bps to 4.78% in 2024, then soared by 235 bps to 16.03% in 2025, then increased by 10 bps to 17.59% in 2026.
- The last three EBT Margin figures came in at 17.59% (Q2 2026), 6.75% (Q1 2026), and 16.03% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shopify | 187.92 Bn | 182.98 Bn | 1.71 Bn | 49.54% |
| 2 | Global-E Online | 6.49 Bn | 6.13 Bn | 131.87 Mn | 16.52% |
| 3 | Vtex | 624.51 Mn | 438.62 Mn | 51.71 Mn | 17.59% |
| 4 | Rezolve Ai | 359.91 Mn | 248.80 Mn | - | - |
| 5 | Commerce.com | 212.95 Mn | 56.62 Mn | 63.53 Mn | 1.55% |
| 6 | Baozun | 154.04 Mn | -65.26 Mn | 302.56 Mn | 3.11% |
| 7 | BeLive Holdings | 23.36 Mn | 16.74 Mn | - | - |
| 8 | Paid | 20.26 Mn | 19.18 Mn | 1.22 Mn | -0.13% |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - | -27,799.80% |
| 10 | My Size | 1.36 Mn | 650,132.45 | 973,000.00 | -57.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.59% |
| Mar 31, 2026 | 6.75% |
| Dec 31, 2025 | 16.03% |
| Sep 30, 2025 | 6.73% |
| Jun 30, 2025 | 6.47% |
| Mar 31, 2025 | 2.58% |
| Dec 31, 2024 | 4.78% |
| Sep 30, 2024 | 3.24% |
| Jun 30, 2024 | 11.15% |
| Mar 31, 2024 | -6.08% |
| Dec 31, 2023 | 5.46% |
| Sep 30, 2023 | -4.94% |
| Jun 30, 2023 | -12.82% |
| Mar 31, 2023 | -313.77% |
| Sep 30, 2022 | -28.87% |
| Jun 30, 2022 | -62.27% |
| Mar 31, 2022 | -61.10% |
| Dec 31, 2021 | -957.79% |
| Sep 30, 2021 | -77.75% |
| Jun 30, 2021 | -57.03% |