Vtex (VTEX) Net Margin (2020 - 2026)

Vtex's (VTEX) quarterly Net Margin came in at 383.81% in Q1 2026, up 38222.0% year-on-year from N/an in Q1 2025, and up 2561.26% quarter-over-quarter from 14.42% in Q4 2025.

Vtex (VTEX) Net Margin (2020 - 2026) Analysis & Trends

Vtex's Net Margin history runs 7 years deep, the most recent figure standing at 383.81% for Q1 2026.

  • On a quarterly basis, Net Margin rose 38222.0% year-over-year to 383.81% in Q1 2026; TTM through Mar 2026 was 204.1%, a 8397.0% increase from a year earlier, with the FY2025 full-year figure at 97.08%, up 9010.0% from the prior year.
  • Net Margin climbed to 383.81% in Q1 2026 per VTEX's latest filing, from 14.42% in the prior quarter.
  • Across five years, Net Margin topped out at 907.23% in Q1 2022 and bottomed at 55.46% in Q2 2022.
  • The 5-year median for Net Margin is 140.19% (2025), against an average of 226.22%.
  • Across the five-year window, Net Margin soared 95529 bps in 2022 and tumbled 92598 bps in 2023, its largest moves.
  • Year by year, Net Margin stood at 0.71% in 2022, then slumped by 3596 bps to 26.24% in 2023, then soared by 137 bps to 9.58% in 2024, then jumped by 51 bps to 14.42% in 2025, then surged by 2561 bps to 383.81% in 2026.
  • Per Business Quant, the three latest VTEX Net Margin figures stand at 383.81% (Q1 2026), 14.42% (Q4 2025), and 140.19% (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 20.22%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -18.33%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 2.29%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 18.93%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 7.47%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 22.90%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -21.25%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 22.77%
10 Vtex 668.59 Mn 668.66 Mn 48.45 Mn 383.81%

Historic Data

Download Data
DateValue
Mar 31, 2026 383.81%
Dec 31, 2025 14.42%
Sep 30, 2025 140.19%
Jun 30, 2025 425.55%
Mar 31, 2025 1.58%
Dec 31, 2024 9.58%
Sep 30, 2024 158.74%
Jun 30, 2024 444.09%
Mar 31, 2024 461.77%
Dec 31, 2023 -26.24%
Sep 30, 2023 486.57%
Jun 30, 2023 543.09%
Mar 31, 2023 -18.75%
Dec 31, 2022 -0.71%
Sep 30, 2022 -29.75%
Jun 30, 2022 -55.46%
Mar 31, 2022 907.23%
Dec 31, 2021 -28.63%
Sep 30, 2021 -68.91%
Jun 30, 2021 -50.11%