Vtex (VTEX) Net Margin (2020 - 2026)
Vtex's quarterly Net Margin came in at 6.73% in Q1 2026, up 514.0% year-on-year from 1.1% in Q1 2025, and down 57.93% quarter-over-quarter from 15.99% in Q4 2025.
Vtex has reported Net Margin for 7 years, with the latest figure at 6.73% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 514.0% year-over-year to 6.73%; the trailing twelve-month figure through Mar 2026 stood at 9.83% (up 362.0% YoY), and the FY2025 full-year result was 8.33%, up 303.0% from the prior year.
- Net Margin for Q1 2026 stood at 6.73%, down from 15.99% in the prior quarter.
- The five-year high for Net Margin was 29.75% in Q3 2022, with the low at 314.6% in Q1 2023.
- Average Net Margin over 5 years is 20.45%, with a median of 5.09% recorded in 2025.
- Year-over-year, Net Margin plunged 25959 bps in 2023 and jumped 31296 bps in 2024.
- Tracing VTEX's Net Margin over 5 years: stood at 0.71% in 2022, then soared by 848 bps to 5.31% in 2023, then rose by 3 bps to 5.48% in 2024, then soared by 192 bps to 15.99% in 2025, then plunged by 58 bps to 6.73% in 2026.
- The last three Net Margin figures came in at 6.73% (Q1 2026), 15.99% (Q4 2025), and 10.65% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 20.22% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 17.47% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 2.29% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | -18.33% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 12.44% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 22.77% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 29.52% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 22.90% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 35.80% |
| 10 | Vtex | 85.92 | -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 | 10.65% |
| Jun 30, 2025 | 5.09% |
| Mar 31, 2025 | 1.59% |
| Dec 31, 2024 | 5.48% |
| Sep 30, 2024 | 6.02% |
| Jun 30, 2024 | 11.62% |
| Mar 31, 2024 | -1.64% |
| Dec 31, 2023 | 5.31% |
| Sep 30, 2023 | -4.69% |
| Jun 30, 2023 | -13.81% |
| Mar 31, 2023 | -314.60% |
| Dec 31, 2022 | -0.71% |
| Sep 30, 2022 | 29.75% |
| Jun 30, 2022 | -55.46% |
| Mar 31, 2022 | -55.01% |
| Dec 31, 2021 | -28.63% |
| Sep 30, 2021 | -68.91% |
| Jun 30, 2021 | -50.11% |
| Mar 31, 2021 | -48.06% |
| Dec 31, 2020 | -14.67% |
| Sep 30, 2020 | 10.63% |
| Jun 30, 2020 | 22.23% |