Vtex annual operating expenses
2019
2020
2021
2022
2023
2024
2025
Vtex Operating Expenses Growth & History (VTEX)
Vtex's operating expenses was $168.2M for fiscal 2025.
View full Vtex company overviewVtex annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $168.2M | −$48.4M | −22.33% |
| 2024 | 2024-12-31 | $216.6M | $487,000 | +0.23% |
| 2023 | 2023-12-31 | $216.1M | $8.6M | +4.13% |
| 2022 | 2022-12-31 | $207.5M | $15.8M | +8.26% |
| 2021 | 2021-12-31 | $191.7M | $99.5M | +108.02% |
| 2020 | 2020-12-31 | $92.2M | $29.0M | +45.97% |
| 2019 | 2019-12-31 | $63.1M | — | — |
Vtex quarterly operating expenses
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $42.1M | −$310,000 | −0.73% |
| Q1 2026 | 2026-03-31 | $42.6M | — | — |
| Q4 2025 | 2025-12-31 | $42.8M | — | — |
| Q3 2025 | 2025-09-30 | $41.9M | — | — |
| Q2 2025 | 2025-06-30 | $42.4M | — | — |
Vtex operating expenses trends
Over the last five fiscal years, Vtex's operating expenses increased from $92.2M to $168.2M, a change of $76.1M. The latest reported quarter, Q2 2026, shows $42.1M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vtex source filings ↗