Vtex (VTEX) Research & Development (2019 - 2026)

Vtex has reported Research & Development for 8 years, with the latest figure at -$17.9 million in Q2 2026.

• On a quarterly basis, Research & Development fell 16.33% year-over-year to -$17.9 million in Q2 2026; TTM through Jun 2026 was -$99.0 million, a 13.38% increase from a year earlier, with the FY2025 full-year figure at -$63.9 million, down 15.3% from the prior year.
• Research & Development was -$17.9 million for Q2 2026 at Vtex, down from -$17.2 million in the prior quarter.
• The five-year high for Research & Development was -$13.8 million in Q3 2022, with the low at -$47.0 million in Q3 2025.
• Average Research & Development over 5 years is -$20.0 million, with a median of -$15.4 million recorded in 2022.
• The sharpest annual moves came in 2022 and 2024: Research & Development soared 77.8% in 2022, then tumbled 191.76% in 2024.
• Over 5 years, Research & Development stood at -$14.1 million in 2022, then decreased by 2.13% to -$14.4 million in 2023, then sank by 191.76% to -$42.0 million in 2024, then surged by 59.78% to -$16.9 million in 2025, then dropped by 6.11% to -$17.9 million in 2026.
• The last three Research & Development figures came in at -$17.9 million (Q2 2026), -$17.2 million (Q1 2026), and -$16.9 million (Q4 2025), per Business Quant data.