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| Date | Value |
|---|---|
| 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% |