The earnings call reflected strong financial performance with significant growth in subscription revenue, gross profit, and non-GAAP operating income. Successful customer acquisitions and strategic initiatives in retail media were also highlighted. However, macroeconomic volatility and increased R&D expenses presented challenges.

Company Guidance -

Q3 2025

In the first quarter of 2025, VTEX reported strong financial performance, with a significant focus on subscription revenue and profitability. Subscription revenue grew by 15% on an FX-neutral basis, reaching $52.6 million, while gross profit increased by 22% to $41 million, resulting in a gross margin expansion of 3.7 percentage points year-over-year. The company's non-GAAP operating income saw an 85% increase, reaching $5.3 million, accompanied by a margin increase of 4.3 percentage points. Additionally, VTEX generated a robust free cash flow of $6.6 million. The company also highlighted its strategic expansion efforts, including new customer acquisitions across various countries and advancements in its retail media strategy, which now includes over 400 advertisers. VTEX's guidance for the second quarter projects FX-neutral subscription revenue growth of 12.5% to 15.5%, with full-year 2025 growth expected to be between 14% and 17%.

Strong Subscription Revenue Growth

Subscription revenue grew 15% FX Neutral in Q1 2025, with a notable increase in enterprise customer growth and platform expansion.

Gross Profit and Margin Expansion

Gross profit reached $41 million, a 22% growth FX Neutral, with a 3.7 percentage points margin increase year-over-year.

Non-GAAP Operating Income and Free Cash Flow

Non-GAAP operating income increased to $5.3 million, an 85% growth and 4.3 percentage points margin increase year-over-year, supported by a free cash flow generation of $6.6 million.

Successful New Customer Launches

New customer launches included Magazzino and LG in Argentina, Americanas in Brazil, and others, expanding VTEX's global presence.

Recognition in Gartner Report

VTEX was recognized as a customer choice in the 2025 Gartner Voice of Customers for Digital Commerce report for the second year in a row.

Retail Media Strategy and Acquisition

The acquisition of Newtail enhanced VTEX's retail media strategy, adding over 400 advertisers and positioning VTEX as a leader in retail media.

Significant Customer Success Stories

Notable digital transformations with Americanas, J.W. Pepper, and Nestle, showcasing VTEX's ability to deliver impactful solutions.

VTEX (VTEX) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

VTEX Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 11, 2025	2025 (Q3)	0.03 / -	0.017	―	―	―
Jul 31, 2025	2025 (Q2)	0.03 / 0.04	0.026	61.54% (+0.02)	―	―
May 06, 2025	2025 (Q1)	>-0.01 / <0.01	-0.013	138.46% (+0.02)
Feb 25, 2025	2024 (Q4)	0.04 / 0.03	0.016	106.25% (+0.02)
Nov 05, 2024	2024 (Q3)	0.02 / 0.02	-0.013	230.77% (+0.03)
Aug 06, 2024	2024 (Q2)	0.02 / 0.03	-0.035	174.29% (+0.06)
May 07, 2024	2024 (Q1)	>-0.01 / -0.01	-0.042	69.05% (+0.03)
Feb 27, 2024	2023 (Q4)	<0.01 / 0.02	-0.002	900.00% (+0.02)
Nov 07, 2023	2023 (Q3)	-0.02 / -0.01	-0.06	78.33% (+0.05)
Aug 08, 2023	2023 (Q2)	-0.02 / -0.04	-0.112	68.75% (+0.08)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

VTEX Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$5.97	$5.79	-3.02%
May 06, 2025	$5.50	$5.85	+6.36%
Feb 25, 2025	$5.99	$4.71	-21.37%
Nov 05, 2024	$6.89	$6.72	-2.47%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Vtex Class A (VTEX) report earnings?

Vtex Class A (VTEX) is schdueled to report earning on Nov 11, 2025, After Close (Confirmed).

What is Vtex Class A (VTEX) earnings time?

Vtex Class A (VTEX) earnings time is at Nov 11, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is VTEX EPS forecast?

VTEX EPS forecast for the fiscal quarter 2025 (Q3) is 0.03.

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