VTEX (NYSE:VTEX) Releases Earnings Results, Beats Estimates By $0.01 EPS

08 Aug 2026, 16:40 by Tristan Rich · The Markets Daily

VTEX (NYSE:VTEX – Get Free Report) released its quarterly earnings data on Thursday. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.05 by $0.01, FiscalAI reports. The business had revenue of $64.39 million during the quarter, compared to analyst estimates of $64.69 million. VTEX had a net margin of 11.98% and a return on equity of 12.81%.

Here are the key takeaways from VTEX’s conference call:

Near-term growth weakened: Q2 subscription revenue rose only 1.3% on an FX-neutral basis to $63.8 million, pressured by softer consumption in Brazil and Argentina, larger-customer mix, and longer enterprise sales cycles. Management now expects approximately flat FX-neutral subscription revenue growth in Q3 and low-single-digit growth for full-year 2026.
Growth initiatives outperformed: Global expansion, B2B, Ads, and AI represented about 18% of subscription revenue and grew 20% on an FX-neutral basis. Management cited improving U.S. and European enterprise pipelines, expanding B2B demand, retail media partnerships, and accelerating adoption of the CX Platform.
Profitability and cash generation strengthened: Non-GAAP operating income increased 62% year over year, operating margin expanded to 21.4%, and free cash flow rose 79% to $12.7 million. Gross margins benefited from AI-powered support automation, hosting efficiencies, partner-led implementations, and disciplined spending.
AI product momentum is building: The CX Platform generated more than 200 trial activations, cut average sales cycles by over 50%, and achieved AI-agent conversation containment above 92%. The AI Workspace has more than 100 enterprise customers on its wait list, although it is not yet contributing materially to revenue.
Share repurchases continued: VTEX bought back 6.2 million Class A shares for $23.2 million during Q2, which management said was immediately accretive to free cash flow per share and supported by the company’s strong balance sheet.

VTEX Stock Performance

Shares of NYSE:VTEX traded down $0.11 during midday trading on Friday, hitting $4.18. The company’s stock had a trading volume of 1,313,386 shares, compared to its average volume of 876,076. The stock’s 50 day simple moving average is $3.97 and its 200 day simple moving average is $3.75. The stock has a market capitalization of $712.48 million, a price-to-earnings ratio of 26.12, a PEG ratio of 0.59 and a beta of 1.02. VTEX has a fifty-two week low of $2.84 and a fifty-two week high of $4.91.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on VTEX. Wall Street Zen upgraded VTEX from a “buy” rating to a “strong-buy” rating in a research note on Sunday, April 12th. Weiss Ratings downgraded VTEX from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, July 31st. Bradesco Corretora lowered VTEX to a “neutral” rating and set a $4.50 target price for the company. in a report on Friday. Finally, UBS Group upped their target price on VTEX from $4.00 to $4.10 and gave the stock a “neutral” rating in a research report on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $5.07.

View Our Latest Stock Analysis on VTEX

Insider Buying and Selling at VTEX

In related news, Director Alejandro Raul Scannapieco sold 15,937 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $3.59, for a total transaction of $57,213.83. Following the completion of the sale, the director owned 9,965 shares in the company, valued at $35,774.35. This represents a 61.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last ninety days, insiders sold 84,749 shares of company stock worth $338,747. 40.93% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of VTEX by 37.8% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,822 shares of the company’s stock worth $187,000 after acquiring an additional 10,110 shares during the last quarter. Goldman Sachs Group Inc. raised its stake in VTEX by 61.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 220,758 shares of the company’s stock valued at $1,119,000 after purchasing an additional 84,189 shares during the last quarter. Jane Street Group LLC raised its stake in VTEX by 1,570.1% during the 1st quarter. Jane Street Group LLC now owns 187,146 shares of the company’s stock valued at $949,000 after purchasing an additional 175,940 shares during the last quarter. Geode Capital Management LLC bought a new stake in VTEX in the 2nd quarter valued at $4,543,000. Finally, Rhumbline Advisers bought a new stake in VTEX in the 2nd quarter valued at $392,000. 63.69% of the stock is currently owned by institutional investors and hedge funds.

About VTEX

(Get Free Report)

VTEX is a global commerce platform provider that offers a full suite of software-as-a-service (SaaS) solutions designed to power online retail and marketplace operations. Its cloud-native platform combines e-commerce, order management and marketplace capabilities in a single environment, enabling brands and retailers to launch and scale digital commerce initiatives without the need for extensive in-house infrastructure. The company’s API-first architecture and microservices design support headless implementations, allowing businesses to integrate front-end experiences, third-party applications and custom modules with minimal development overhead.