VTEX (VTEX) revenue breakdown
By product, Subscription is the largest at 98% of fiscal 2025 revenue, growing 26% a year over 6 years.
By region, Brazil is the largest at 57% of fiscal 2024 revenue; Rest of the World grew fastest, 53% a year over 5 years.
Revenue by product
Fiscal years, as VTEX reports them in its 10-K filings; fiscal 2025 total $241M.
| Products | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Share |
|---|---|---|---|---|---|---|---|---|
| Subscription | $58M | $93M | $118M | $148M | $190M | $218M | $235M | 98% |
| Services | $3M | $5M | $7M | $9M | $11M | $9M | $6M | 2% |
Revenue by region
Fiscal years, as VTEX reports them in its 10-K filings; fiscal 2024 total $227M.
| Regions | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Share |
|---|---|---|---|---|---|---|---|
| Brazil | $43M | $56M | $66M | $86M | $109M | $128M | 57% |
| Latin America - Except Brazil | $15M | $36M | $48M | $56M | $70M | $74M | 32% |
| Rest of the World | $3M | $6M | $11M | $16M | $22M | $25M | 11% |
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Where does VTEX make its money?
In fiscal 2025, by product: Subscription $235M, Services $6M.
From VTEX's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.