Vtex annual r&d spending
2019
2020
2021
2022
2023
2024
2025
Vtex R&D Spending Growth & History (VTEX)
Vtex's r&d spending was $63.9M for fiscal 2025.
View full Vtex company overviewVtex annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $63.9M | $10.3M | +19.16% |
| 2024 | 2024-12-31 | $53.6M | −$6.5M | −10.81% |
| 2023 | 2023-12-31 | $60.1M | $2.9M | +5.09% |
| 2022 | 2022-12-31 | $57.2M | $12.0M | +26.60% |
| 2021 | 2021-12-31 | $45.2M | $26.1M | +137.33% |
| 2020 | 2020-12-31 | $19.0M | $6.4M | +50.06% |
| 2019 | 2019-12-31 | $12.7M | — | — |
Vtex quarterly r&d spending
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $17.9M | $2.5M | +16.33% |
| Q1 2026 | 2026-03-31 | $17.2M | — | — |
| Q4 2025 | 2025-12-31 | $16.9M | — | — |
| Q3 2025 | 2025-09-30 | $16.7M | — | — |
| Q2 2025 | 2025-06-30 | $15.4M | — | — |
Vtex r&d spending trends
Over the last five fiscal years, Vtex's r&d spending increased from $19.0M to $63.9M, a change of $44.9M. The latest reported quarter, Q2 2026, shows $17.9M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vtex source filings ↗