Vtex sees Q2 subscription revenue up low to mid single digits

The company states: For the second quarter of 2026, we are targeting: Subscription revenue to grow at a low-to-mid single digit percentage rate on an FX-neutral year-over-year basis; Gross profit to grow at a mid-single digit percentage rate on an FX-neutral year-over-year basis; Non-GAAP income from operations to be in the high-teens to low-twenties percentage margin; and Free cash flow to be in the high-teens to low-twenties percentage margin. For the full year 2026, we are now targeting: Subscription revenue to grow at a mid-single digit percentage rate on an FX-neutral year-over-year basis; Gross profit to grow at a high-single digit percentage rate on an FX-neutral year-over-year basis; Non-GAAP income from operations to be in the low-twenties percentage margin; and Free cash flow to be in the low-twenties percentage margin.”