VTEX (NYSE:VTEX) Announces Earnings Results, Meets Estimates

VTEX (NYSE:VTEX) posted its quarterly earnings data on Thursday. The company reported $0.05 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.05, FiscalAI reports. VTEX had a return on equity of 6.63% and a net margin of 7.03%.The firm had revenue of $67.95 million for the quarter, compared to the consensus estimate of $68.11 million.

Here are the key takeaways from VTEX’s conference call:

• VTEX is executing on four strategic growth levers — global expansion, B2B, retail media, and AI — which in Q4 represented ~15% of subscription revenue and drove roughly 20% FX‑neutral growth, with global markets growing 22% in 2025.
• The company reported record profitability and margin expansion (subscription gross margin 81.8%, operating margin 23.8%, Q4 free cash flow margin 16.3%) and announced a $50 million, 12‑month share repurchase program.
• Enterprise sales cycles have materially lengthened due to macro weakness in Brazil/Argentina and an “AI wait‑and‑see” effect, slowing new‑store additions and dragging subscription revenue growth (Q4 subscription revenue +5.4% FX‑neutral) despite stable churn.
• AI is already delivering operational benefits (about +3 percentage points to subscription gross margin via support automation) and VTEX is reallocating spend toward R&D and an AI‑first product roadmap, but broader commercial outcomes and timing remain uncertain.

VTEX Stock Up 4.1%

VTEX stock traded up $0.12 during trading hours on Thursday, hitting $3.08. The company’s stock had a trading volume of 1,061,413 shares, compared to its average volume of 998,592. The stock has a 50 day moving average price of $3.39 and a two-hundred day moving average price of $3.90. VTEX has a 12 month low of $2.84 and a 12 month high of $6.82. The company has a market capitalization of $563.02 million, a PE ratio of 34.23 and a beta of 1.34. The company has a quick ratio of 3.10, a current ratio of 3.10 and a debt-to-equity ratio of 0.01.

Analyst Ratings Changes

A number of research firms have recently issued reports on VTEX. Wall Street Zen upgraded shares of VTEX from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 14th. Weiss Ratings reissued a “hold (c-)” rating on shares of VTEX in a research note on Friday, January 9th. JPMorgan Chase & Co. decreased their target price on VTEX from $6.00 to $5.00 and set a “neutral” rating for the company in a research report on Monday, November 10th. Finally, UBS Group lowered VTEX from a “buy” rating to a “neutral” rating and dropped their price target for the company from $8.00 to $4.00 in a research report on Wednesday, January 14th. Three analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $6.16.

Institutional Trading of VTEX

Institutional investors and hedge funds have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD increased its holdings in shares of VTEX by 11.7% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 32,306 shares of the company’s stock valued at $122,000 after acquiring an additional 3,389 shares during the last quarter. Van ECK Associates Corp boosted its position in VTEX by 18.5% during the third quarter. Van ECK Associates Corp now owns 30,759 shares of the company’s stock worth $135,000 after purchasing an additional 4,802 shares during the period. Barclays PLC boosted its position in VTEX by 6.3% during the fourth quarter. Barclays PLC now owns 87,792 shares of the company’s stock worth $330,000 after purchasing an additional 5,169 shares during the period. State of Wyoming acquired a new position in VTEX during the second quarter valued at approximately $59,000. Finally, Boston Partners raised its holdings in VTEX by 12.3% in the 4th quarter. Boston Partners now owns 84,306 shares of the company’s stock worth $317,000 after acquiring an additional 9,243 shares during the period. Institutional investors and hedge funds own 63.69% of the company’s stock.

VTEX Company Profile

VTEX is a global commerce platform provider that offers a full suite of software-as-a-service (SaaS) solutions designed to power online retail and marketplace operations. Its cloud-native platform combines e-commerce, order management and marketplace capabilities in a single environment, enabling brands and retailers to launch and scale digital commerce initiatives without the need for extensive in-house infrastructure. The company’s API-first architecture and microservices design support headless implementations, allowing businesses to integrate front-end experiences, third-party applications and custom modules with minimal development overhead.

Founded in 1999 and headquartered in São Paulo, Brazil, VTEX has expanded its reach to serve customers across Latin America, North America, Europe and Asia-Pacific.