Vtex (VTEX) Tax Rate (2019 - 2026)
Vtex (VTEX) recorded quarterly Tax Rate of 0.76% in Q1 2026, up 92.1% quarter-over-quarter from 9.62% in Q4 2025, and up 3945.0% on a YoY basis from 0.02% in Q1 2025.
Vtex (VTEX) Tax Rate (2019 - 2026) Analysis & Trends
Vtex's Tax Rate history runs 8 years deep, the most recent figure standing at 0.76% for Q1 2026.
- In Q1 2026, Tax Rate rose 3945.0% year-over-year to 0.76%; the TTM figure through Mar 2026 stood at 7.58% (down 533.0% YoY), while the FY2025 annual figure was 10.91%, down 3005.0% from the prior year.
- Tax Rate was 0.76% for Q1 2026 at Vtex, up from 9.62% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 50.49% in Q3 2024 to a low of 73.24% in Q1 2024.
- Historically, Tax Rate has averaged 5.31% across 5 years, with a median of 0.65% in 2023.
- The sharpest annual moves came in 2024 and 2026: Tax Rate sank 7351 bps in 2024, then soared 3945 bps in 2026.
- A 5-year view of Tax Rate shows it stood at 2.68% in 2022, then jumped by 916 bps to 27.22% in 2023, then slumped by 154 bps to 14.7% in 2024, then jumped by 35 bps to 9.62% in 2025, then soared by 92 bps to 0.76% in 2026.
- The last three Tax Rate figures came in at 0.76% (Q1 2026), 9.62% (Q4 2025), and 0.22% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | Vtex | 87.00 | -13.94 Mn | 48.45 Mn | -0.76% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -0.76% |
| Mar 31, 2026 | -0.76% |
| Dec 31, 2025 | -9.62% |
| Dec 31, 2025 | -9.62% |
| Sep 30, 2025 | -0.22% |
| Sep 30, 2025 | -0.22% |
| Jun 30, 2025 | -21.44% |
| Jun 30, 2025 | -21.44% |
| Mar 31, 2025 | -40.21% |
| Mar 31, 2025 | -40.21% |
| Dec 31, 2024 | -14.70% |
| Dec 31, 2024 | -14.70% |
| Sep 30, 2024 | 50.49% |
| Sep 30, 2024 | 50.49% |
| Jun 30, 2024 | 3.31% |
| Jun 30, 2024 | 3.31% |
| Mar 31, 2024 | -73.24% |
| Mar 31, 2024 | -73.24% |
| Dec 31, 2023 | 27.22% |
| Dec 31, 2023 | 27.22% |