Brazil was Vtex’s largest region in fiscal 2025, bringing in $138.76M of $240.52M (58%).
| Geography | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Brazil | $109.47M | $128.30M | $138.76M |
| Latin America - Except Brazil | $69.62M | $73.55M | $75.16M |
| Global Markets | $21.75M | $24.81M | $26.60M |
| Total | $200.83M | $226.66M | $240.52M |
Vtex brought in $240.52M from its three regions in fiscal 2025, the year ended December 31, 2025. That was up 6.1% from $226.66M in fiscal 2024. Brazil was the largest at $138.76M (57.7%), ahead of Latin America - Except Brazil at $75.16M (31.2%) and Global Markets at $26.60M (11.1%).
Compared with fiscal 2024, Brazil grew fastest, up 8.2% to $138.76M. Every region above 2% of revenue grew. From fiscal 2023 to 2025, combined revenue from these regions grew from $200.83M to $240.52M, a compound annual growth rate of 9.4%. Brazil's share of the total rose from 54.5% to 57.7%.
Subscription was Vtex’s largest product and service line in fiscal 2025, bringing in $234.92M of $240.52M (98%).
| Product and Service | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|
| Subscription | $189.62M | $217.66M | $234.92M |
| Services | $11.21M | $9.00M | $5.60M |
| Total | $200.83M | $226.66M | $240.52M |
Vtex brought in $240.52M from its two product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 6.1% from $226.66M in fiscal 2024. Subscription was the largest at $234.92M (97.7%), ahead of Services at $5.60M (2.3%).
Compared with fiscal 2024, Subscription grew 7.9% to $234.92M, while Services fell 37.8% to $5.60M. From fiscal 2023 to 2025, combined revenue from these lines grew from $200.83M to $240.52M, a compound annual growth rate of 9.4%. Subscription's share of the total rose from 94.4% to 97.7%.
Brazil was Vtex’s largest region in fiscal 2024, bringing in $128.30M of $226.71M (57%).
| Geography | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 |
|---|---|---|---|---|---|---|
| Brazil | $66.46M | $86.07M | $109.47M | $128.30M | ||
| Latin America - Except Brazil | $48.04M | $55.77M | $70.30M | $73.60M | ||
| Rest Of The World | $11.27M | $15.78M | $21.75M | $24.81M | ||
| Total | $125.77M | $157.62M | $201.52M | $226.71M |
Vtex brought in $226.71M from its three regions in fiscal 2024, the year ended December 31, 2024. That was up 12.5% from $201.52M in fiscal 2023. Brazil was the largest at $128.30M (56.6%), ahead of Latin America - Except Brazil at $73.60M (32.5%) and Rest Of The World at $24.81M (10.9%).
Compared with fiscal 2023, Brazil grew fastest, up 17.2% to $128.30M. Every region above 2% of revenue grew. From fiscal 2021 to 2024, combined revenue from these regions grew from $125.77M to $226.71M, a compound annual growth rate of 21.7%. Brazil's share of the total rose from 52.8% to 56.6%.
Vtex (VTEX) reports its revenue by geography and by product and service. In fiscal 2025, Brazil was its largest region, bringing in $138.76M (57.7% of the total), followed by Latin America - Except Brazil at $75.16M (31.2%).
Brazil was Vtex's largest region in fiscal 2025, bringing in $138.76M, or 57.7% of the $240.52M total across its three regions.
Subscription was Vtex's largest product and service line in fiscal 2025, bringing in $234.92M, or 97.7% of the $240.52M total across its two product and service lines.
Among Vtex's regions that make up at least 2% of revenue, Brazil grew fastest in fiscal 2025, up 8.2% from $128.30M to $138.76M.
Every figure comes from Vtex's annual financial filings, as reported. Each line keeps the name Vtex gives it, and years follow its fiscal calendar.
Vtex's revenue by geography goes back to fiscal 2023, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.