VTEX (VTEX) stock

VTEXNYSEServices-Prepackaged SoftwareFiscal year ends December 31

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Feb 26, 2026Score 11/30

$3.95+0.01 (+0.25%)

Close on Nov 13, 2026Market cap $683.32MP/E 36.6Yield –

VTEX r&d expenses

Research and development expenses are spending on new products and technology.

For fiscal 2025 it was $63.89M, up 15.3% from the year before. The highest annual figure on record is $63.89M in fiscal 2025.

Period	Period end	Value	Change
FY2025	Dec 31, 2025	$63.89M	+15.3%
FY2024	Dec 31, 2024	$55.41M	-8.0%
FY2023	Dec 31, 2023	$60.21M	+5.2%
FY2022	Dec 31, 2022	$57.21M	+26.6%
FY2021	Dec 31, 2021	$45.19M	+137.3%
FY2020	Dec 31, 2020	$19.04M	+50.1%
FY2019	Dec 31, 2019	$12.69M	–

Trailing twelve months. Peers are matched on business description, industry and size. Ticks are peers, the dot is VTEX.

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