Vtex (VTEX) Operating Expenses (2020 - 2026)

Vtex's Operating Expenses history runs 7 years deep, the most recent figure standing at -$25.8 million for Q1 2026.

• On a quarterly basis, Operating Expenses fell 6.18% year-over-year to -$25.8 million in Q1 2026; TTM through Mar 2026 was -$148.9 million, a 20.18% increase from a year earlier, with the FY2025 full-year figure at -$99.6 million, down 9.47% from the prior year.
• Operating Expenses fell to -$25.8 million in Q1 2026 per VTEX's latest filing, from -$25.1 million in the prior quarter.
• Across five years, Operating Expenses topped out at -$20.2 million in Q3 2022 and bottomed at -$73.6 million in Q3 2025.
• The 5-year median for Operating Expenses is -$24.3 million (2025), against an average of -$31.8 million.
• Across the five-year window, Operating Expenses sank 189.74% in 2024 and surged 63.72% in 2025, its largest moves.
• Year by year, Operating Expenses stood at -$21.6 million in 2022, then slipped by 13.98% to -$24.6 million in 2023, then sank by 181.47% to -$69.3 million in 2024, then surged by 63.72% to -$25.1 million in 2025, then declined by 2.77% to -$25.8 million in 2026.
• Per Business Quant, the three latest VTEX Operating Expenses figures stand at -$25.8 million (Q1 2026), -$25.1 million (Q4 2025), and -$73.6 million (Q3 2025).