Vtex (VTEX) Tax Rate (2019 - 2026)
Vtex (VTEX) posted Tax Rate of 11.48% for Q2 2026, down 25.1% on a QoQ basis from 9.17% in Q4 2025, and up 996.0% year-over-year from 1.05% in Q2 2025.
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Analysis
Vtex (VTEX) Tax Rate (2019 - 2026) Analysis & Trends
Vtex has reported Tax Rate for 8 years, with the latest figure at 11.48% in Q2 2026.
- On a quarterly basis, Tax Rate rose 996.0% year-over-year to 11.48% in Q2 2026; TTM through Jun 2026 was 9.77%, a 4225.0% decrease from a year earlier, with the FY2025 full-year figure at 10.91%, down 3005.0% from the prior year.
- Tax Rate was 11.48% for Q2 2026 at Vtex, down from 9.17% in the prior quarter.
- The five-year high for Tax Rate was 69.23% in Q3 2024, with the low at 93.94% in Q4 2023.
- Average Tax Rate over 5 years is 10.16%, with a median of 9.91% recorded in 2022.
- The sharpest annual moves came in 2024 and 2025: Tax Rate soared 14083 bps in 2024, then tumbled 8135 bps in 2025.
- Over 5 years, Tax Rate stood at 2.68% in 2022, then tumbled by 3607 bps to 93.94% in 2023, then jumped by 150 bps to 46.89% in 2024, then sank by 120 bps to 9.17% in 2025, then retreated by 25 bps to 11.48% in 2026.
- The last three Tax Rate figures came in at 11.48% (Q2 2026), 9.17% (Q4 2025), and 12.12% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Shopify | 187.92 Bn | 182.98 Bn | 1.71 Bn | 15.38% |
| 2 | Global-E Online | 6.49 Bn | 6.13 Bn | 131.87 Mn | 3.38% |
| 3 | Vtex | 624.51 Mn | 438.62 Mn | 51.71 Mn | -11.48% |
| 4 | Rezolve Ai | 359.91 Mn | 248.80 Mn | - | - |
| 5 | Commerce.com | 212.95 Mn | 56.62 Mn | 63.53 Mn | 15.62% |
| 6 | Baozun | 154.04 Mn | -65.26 Mn | 302.56 Mn | -30.14% |
| 7 | BeLive Holdings | 23.36 Mn | 16.74 Mn | - | - |
| 8 | Paid | 20.26 Mn | 19.18 Mn | 1.22 Mn | - |
| 9 | Caro Holdings | 11.71 Mn | 11.71 Mn | - | - |
| 10 | My Size | 1.36 Mn | 650,132.45 | 973,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.48% |
| Dec 31, 2025 | -9.17% |
| Sep 30, 2025 | -12.12% |
| Jun 30, 2025 | -21.44% |
| Mar 31, 2025 | -42.86% |
| Dec 31, 2024 | 46.89% |
| Sep 30, 2024 | 69.23% |
| Jun 30, 2024 | 3.17% |
| Mar 31, 2024 | -75.00% |
| Dec 31, 2023 | -93.94% |
| Sep 30, 2023 | 12.00% |
| Mar 31, 2023 | 0.27% |
| Sep 30, 2022 | 2.68% |
| Jun 30, 2022 | -10.79% |
| Mar 31, 2022 | -9.91% |
| Dec 31, 2021 | -5.28% |
| Sep 30, 2021 | -11.36% |
| Jun 30, 2021 | -12.13% |
| Mar 31, 2021 | -6.22% |
| Dec 31, 2020 | 27.27% |