Vtex (VTEX) EBT Margin (2020 - 2026)
Vtex's (VTEX) quarterly EBT Margin came in at 6.73% in Q1 2026, up 407.0% year-on-year from 1.33% in Q1 2025, and down 58.04% quarter-over-quarter from 16.03% in Q4 2025.
Vtex (VTEX) EBT Margin (2020 - 2026) Analysis & Trends
Vtex's EBT Margin history runs 7 years deep, the most recent figure standing at 6.73% for Q1 2026.
- On a quarterly basis, EBT Margin rose 407.0% year-over-year to 6.73% in Q1 2026; TTM through Mar 2026 was 8.44%, a 368.0% increase from a year earlier, with the FY2025 full-year figure at 9.35%, up 349.0% from the prior year.
- EBT Margin slipped to 6.73% in Q1 2026 per VTEX's latest filing, from 16.03% in the prior quarter.
- Across five years, EBT Margin topped out at 16.03% in Q4 2025 and bottomed at 62.27% in Q2 2022.
- The 5-year median for EBT Margin is 2.95% (2024), against an average of 8.22%.
- Across the five-year window, EBT Margin slumped 984 bps in 2022 and jumped 4946 bps in 2023, its largest moves.
- Year by year, EBT Margin stood at 28.87% in 2022, then jumped by 119 bps to 5.46% in 2023, then slipped by 12 bps to 4.78% in 2024, then surged by 235 bps to 16.03% in 2025, then tumbled by 58 bps to 6.73% in 2026.
- Per Business Quant, the three latest VTEX EBT Margin figures stand at 6.73% (Q1 2026), 16.03% (Q4 2025), and 6.73% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | 28.74% |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | -20.00% |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 3.76% |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 24.44% |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 10.99% |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 30.00% |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | -21.33% |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 29.04% |
| 10 | Vtex | 668.59 Mn | 668.66 Mn | 48.45 Mn | 6.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.73% |
| Dec 31, 2025 | 16.03% |
| Sep 30, 2025 | 6.73% |
| Jun 30, 2025 | 6.46% |
| Mar 31, 2025 | 2.66% |
| 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 | -18.70% |
| 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% |