Vtex VTEX
NYSE VTEX
$3.61 -0.01 (-0.28%)
At close: Sep 4, 2026 · 4:00 PM EDT

Vtex (VTEX) Net Margin (2019 - 2026)

Vtex (VTEX) posted Net Margin of 15.59% for Q2 2026, up 133.0% on a QoQ basis from 6.69% in Q1 2026, and up 1050.0% year-over-year from 1.36% in Q2 2025.

Analysis

Vtex (VTEX) Net Margin (2019 - 2026) Analysis & Trends

Vtex has reported Net Margin for 8 years, with the latest figure at 15.59% in Q2 2026.

  • On a quarterly basis, Net Margin rose 1050.0% year-over-year to 15.59% in Q2 2026; TTM through Jun 2026 was 9.33%, a 284.0% increase from a year earlier, with the FY2025 full-year figure at 8.32%, up 134.0% from the prior year.
  • Net Margin was 15.59% for Q2 2026 at Vtex, up from 6.69% in the prior quarter.
  • The five-year high for Net Margin was 15.59% in Q2 2026, with the low at 314.6% in Q1 2023.
  • Average Net Margin over 5 years is 23.67%, with a median of 0.44% recorded in 2025.
  • The sharpest annual moves came in 2022 and 2023: Net Margin jumped 82741 bps in 2022, then tumbled 25959 bps in 2023.
  • Over 5 years, Net Margin stood at 0.71% in 2022, then tumbled by 3596 bps to 26.24% in 2023, then jumped by 137 bps to 9.58% in 2024, then surged by 51 bps to 14.42% in 2025, then gained by 8 bps to 15.59% in 2026.
  • The last three Net Margin figures came in at 15.59% (Q2 2026), 6.69% (Q1 2026), and 14.42% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Shopify 187.92 Bn 182.98 Bn 1.71 Bn 41.92%
2 Global-E Online 6.49 Bn 6.13 Bn 131.87 Mn 15.96%
3 Vtex 624.51 Mn 438.62 Mn 51.71 Mn 15.59%
4 Rezolve Ai 359.91 Mn 248.80 Mn - -
5 Commerce.com 212.95 Mn 56.62 Mn 63.53 Mn 1.30%
6 Baozun 154.04 Mn -65.26 Mn 302.56 Mn 0.62%
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

Historic Data

Download Data
DateValue
Jun 30, 2026 15.59%
Mar 31, 2026 6.69%
Dec 31, 2025 14.42%
Sep 30, 2025 5.91%
Jun 30, 2025 5.09%
Mar 31, 2025 1.58%
Dec 31, 2024 9.58%
Sep 30, 2024 5.50%
Jun 30, 2024 11.63%
Mar 31, 2024 -1.63%
Dec 31, 2023 -26.24%
Sep 30, 2023 -4.69%
Jun 30, 2023 -13.89%
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 -828.12%
Sep 30, 2021 -68.91%