Vtex (VTEX) Operating Expenses (2019 - 2026)

Vtex's Operating Expenses history runs 8 years deep, the most recent figure standing at -$25.4 million for Q1 2026.

• In Q1 2026, Operating Expenses fell 6.38% year-over-year to -$25.4 million; the TTM figure through Mar 2026 stood at -$99.4 million (down 9.45% YoY), while the FY2025 annual figure was -$97.9 million, down 9.13% from the prior year.
• Operating Expenses was -$25.4 million for Q1 2026 at Vtex, down from -$24.7 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of -$20.7 million in Q3 2022 to a low of -$92.6 million in Q4 2023.
• Historically, Operating Expenses has averaged -$27.1 million across 5 years, with a median of -$23.8 million in 2024.
• The sharpest annual moves came in 2023 and 2024: Operating Expenses plunged 336.88% in 2023, then surged 77.2% in 2024.
• A 5-year view of Operating Expenses shows it stood at -$21.2 million in 2022, then slumped by 336.88% to -$92.6 million in 2023, then soared by 77.2% to -$21.1 million in 2024, then dropped by 16.86% to -$24.7 million in 2025, then decreased by 3.03% to -$25.4 million in 2026.
• The last three Operating Expenses figures came in at -$25.4 million (Q1 2026), -$24.7 million (Q4 2025), and -$24.9 million (Q3 2025), per Business Quant data.