Vtex (VTEX) FCF Margin (2019 - 2026)
Vtex (VTEX) posted FCF Margin of 20.42% for Q2 2026, down 7.82% on a QoQ basis from 22.16% in Q1 2026, and up 775.0% year-over-year from 2.33% in Q2 2025.
Analysis
Vtex (VTEX) FCF Margin (2019 - 2026) Analysis & Trends
Vtex has reported FCF Margin for 8 years, with the latest figure at 20.42% in Q2 2026.
- On a quarterly basis, FCF Margin rose 775.0% year-over-year to 20.42% in Q2 2026; TTM through Jun 2026 was 13.1%, a 319.0% increase from a year earlier, with the FY2025 full-year figure at 14.31%, up 194.0% from the prior year.
- FCF Margin was 20.42% for Q2 2026 at Vtex, down from 22.16% in the prior quarter.
- The five-year high for FCF Margin was 22.16% in Q1 2026, with the low at 186.98% in Q1 2023.
- Average FCF Margin over 5 years is 18.68%, with a median of 7.08% recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: FCF Margin soared 64280 bps in 2022, then sank 14118 bps in 2023.
- Over 5 years, FCF Margin stood at 63.48% in 2022, then jumped by 129 bps to 18.72% in 2023, then plunged by 53 bps to 8.83% in 2024, then surged by 105 bps to 18.07% in 2025, then climbed by 13 bps to 20.42% in 2026.
- The last three FCF Margin figures came in at 20.42% (Q2 2026), 22.16% (Q1 2026), and 18.07% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shopify | 187.92 Bn | 182.98 Bn | 1.71 Bn | 18.25% |
| 2 | Global-E Online | 6.49 Bn | 6.13 Bn | 131.87 Mn | 24.78% |
| 3 | Vtex | 624.51 Mn | 438.62 Mn | 51.71 Mn | 20.42% |
| 4 | Rezolve Ai | 359.91 Mn | 248.80 Mn | - | - |
| 5 | Commerce.com | 212.95 Mn | 56.62 Mn | 63.53 Mn | 0.06% |
| 6 | Baozun | 154.04 Mn | -65.26 Mn | 302.56 Mn | - |
| 7 | BeLive Holdings | 23.36 Mn | 16.74 Mn | - | - |
| 8 | Paid | 20.26 Mn | 19.18 Mn | 1.22 Mn | 3.70% |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - | -1,560.10% |
| 10 | My Size | 1.36 Mn | 650,132.45 | 973,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.42% |
| Mar 31, 2026 | 22.16% |
| Dec 31, 2025 | 18.07% |
| Sep 30, 2025 | 5.23% |
| Jun 30, 2025 | 12.67% |
| Mar 31, 2025 | 12.49% |
| Dec 31, 2024 | 8.83% |
| Sep 30, 2024 | 9.17% |
| Jun 30, 2024 | 8.37% |
| Mar 31, 2024 | 5.78% |
| Dec 31, 2023 | 18.72% |
| Sep 30, 2023 | -10.22% |
| Jun 30, 2023 | -16.80% |
| Mar 31, 2023 | -186.98% |
| Dec 31, 2022 | -63.48% |
| Sep 30, 2022 | -81.29% |
| Jun 30, 2022 | -73.53% |
| Mar 31, 2022 | -45.81% |
| Dec 31, 2021 | -706.28% |
| Sep 30, 2021 | -31.52% |