Last year, VTEX generated 234.91M USD for its biggest-performing segment, Revenue from subscriptions. The Brazil made the largest contribution, accounting for 138.76M USD last year.

By Business

Revenue

Proportion

Annual

Annual

Quarterly

Revenue from subscriptions

Revenue from services

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

Revenue from subscriptions

234.91M(97.67%)

217.71M(96.03%)

190.30M(94.43%)

148.47M(94.20%)

118.47M(94.19%)

93.37M(94.62%)

58.29M(95.05%)

Revenue from services

5.60M(2.33%)

9.00M(3.97%)

11.21M(5.57%)

9.14M(5.80%)

7.31M(5.81%)

5.31M(5.38%)

3.04M(4.95%)

By Region

Revenue

Proportion

Annual

Annual

Quarterly

Brazil

Latin America

Rest of the World

FY2025

FY2024

FY2023

FY2022

FY2021

FY2020

FY2019

Brazil

138.76M(57.69%)

128.30M(56.59%)

109.47M(54.32%)

86.07M(54.60%)

66.46M(52.84%)

56.48M(57.24%)

43.44M(70.83%)

Latin America

75.16M(31.25%)

73.60M(32.46%)

70.30M(34.89%)

55.77M(35.38%)

48.04M(38.19%)

36.49M(36.98%)

14.98M(24.42%)

Rest of the World

26.60M(11.06%)

24.81M(10.94%)

21.75M(10.79%)

15.78M(10.01%)

11.27M(8.96%)

5.71M(5.78%)

2.91M(4.75%)