Welcome to our dedicated page for VTEX SEC filings (Ticker: VTEX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The VTEX (NYSE: VTEX) SEC filings page on Stock Titan provides access to the company’s regulatory disclosures as a foreign private issuer. VTEX files annual reports on Form 20-F and interim reports on Form 6-K, which are prepared in accordance with U.S. GAAP and the rules and regulations of the U.S. Securities and Exchange Commission. These filings contain condensed consolidated interim financial statements, management’s discussion and analysis of financial condition and results of operations, and other information relevant to shareholders and analysts.
In its 6-K filings, VTEX presents condensed consolidated interim balance sheets, statements of operations, statements of changes in shareholders’ equity, and statements of cash flows. The company discloses subscription revenue, services revenue, total revenue, cost of revenue, gross profit, operating expenses, and net income attributable to controlling shareholders. It also reports key non-GAAP metrics such as non-GAAP subscription gross profit, non-GAAP income from operations, non-GAAP net income, and non-GAAP free cash flow, along with commentary on business outlook and share repurchase activity.
The notes to the financial statements describe the nature of VTEX’s business as a provider of a software-as-a-service digital commerce platform tailored for enterprise brands and retailers. They also outline the basis of presentation, consolidation of subsidiaries in multiple countries, and significant accounting policies and estimates. Additional 6-K filings include press releases on topics such as Black Friday–Cyber Monday GMV performance, technology initiatives, and commercial highlights.
On Stock Titan, VTEX filings are updated as new documents are released to the SEC’s EDGAR system. AI-powered summaries help explain the contents of lengthy filings by highlighting revenue composition, profitability, cash flow trends, and operational themes such as AI-connected commerce, omnichannel capabilities, and B2B and B2C platform usage. Users can review these filings to understand VTEX’s financial position, results of operations, and strategic direction as disclosed in its official regulatory documents.
VTEX filed its annual report on Form 20-F, presenting audited consolidated financial statements prepared under U.S. GAAP for the first time, replacing IFRS Accounting Standards from fiscal year beginning January 1, 2025.
The company explains non-GAAP metrics such as Free Cash Flow and FX Neutral measures, emphasizing their limitations versus U.S. GAAP results. VTEX highlights extensive international operations and reliance on a partner ecosystem, third-party cloud providers and open-source software, and details risks around competition, technology innovation, cybersecurity, AI, talent retention and global regulatory compliance. As of December 31, 2025, VTEX had 92,576,749 Class A common shares and 80,416,730 Class B common shares outstanding and remains classified as an emerging growth company.
VTEX reported stronger 2025 results with rising scale and profitability. Full-year revenue reached US$240.5 million, up 6.1%, driven mainly by subscription revenue of US$234.9 million. GMV grew to US$20.5 billion, an increase of 12.1% in U.S. dollars.
Gross profit rose to US$186.3 million and margin improved to 77.5%, helped by lower service delivery costs and AI-powered support efficiencies. Net income increased to US$20.0 million from US$15.8 million, while operating cash flow strengthened to US$33.4 million.
VTEX ended 2025 with US$191.6 million in cash and marketable securities and used US$59.1 million for share buybacks. After year-end, the board approved a new Class A share repurchase authorization of up to US$50.0 million running through February 24, 2027.
VTEX reported solid fourth-quarter and full-year 2025 results with higher growth and record profitability. Q4 GMV reached US$6.3 billion, up 17.2%, while total revenue rose to US$68.0 million, up 10.5%. Subscription revenue made up 98.1% of revenue and grew 12.2% to US$66.7 million.
Non-GAAP subscription gross margin improved to 81.8%, and non-GAAP income from operations increased to US$16.2 million, a 23.8% margin. Non-GAAP net income was US$13.9 million, with free cash flow of US$11.1 million. Headcount fell to 1,139, down 16.7% year over year.
For 2025, revenue grew to US$240.5 million and GMV to US$20.5 billion. VTEX repurchased 5.1 million shares in Q4 for US$21.3 million, and the board approved a new share repurchase program of up to US$50.0 million. For 2026, VTEX targets mid- to high-single digit FX-neutral subscription revenue growth and non-GAAP operating and free cash flow margins in the low twenties.
An owner of VTEX common stock filed a notice under Rule 144 covering the potential sale of 4,500 shares. These shares are to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services on the NYSE, with an aggregate market value of 16,965.00 and an approximate sale date of 12/16/2025. The form notes that there were 103,947,244 shares outstanding; this is a baseline figure, not the amount being sold.
The 4,500 shares were originally acquired on 03/19/2019 by exercising stock options from the issuer and paying the purchase price in cash on the same date. The notice also lists recent Rule 10b5-1 sales over the past three months, including 1,500-share transactions for BOTSMARK LLC and for ANDRE SPOLIDORO FERREIRA GOMES on 10/16/2025 and 11/17/2025 with gross proceeds ranging from 5,880.00 to 6,412.95. The person for whose account the securities are to be sold represents that they do not know any material adverse information about the issuer that has not been publicly disclosed.
VTEX has a notice covering the planned sale of 4,500 shares of common stock on the NYSE, with Morgan Stanley Smith Barney LLC as broker, at an aggregate market value of 16,965.00.
The seller acquired these 4,500 shares on 03/19/2019 through previously exercised stock options from the issuer and paid the purchase price in cash. Shares outstanding were 103,947,244 as of this notice; this is a baseline figure, not the amount being sold.
Over the past three months, the disclosure lists 10b5-1 sales of 1,500 common shares each for BOTSMARK LLC and Andre Spolidoro Ferreira Gomes on 10/16/2025 and 11/17/2025, with gross proceeds of 6,412.95, 6,410.55, 5,880.00, and 5,880.00. The signer represents that they do not know of any material adverse information about VTEX’s current or prospective operations that has not been publicly disclosed.
VTEX reported strong holiday performance, with customers generating US$1.0B in gross merchandise volume (GMV) during the 2025 Black Friday–Cyber Monday week. Compared to 2024, orders rose 10.2%, while GMV grew 8.1% in FX-neutral terms and 18.2% in U.S. dollars, helped by favorable currency movements.
Key verticals led growth: Apparel & Accessories GMV rose 24.2%, Beauty & Health 23.5%, and Home, Furniture & Decoration 19.7%, all in dollars. Over the full month of November, GMV increased 9.4% FX-neutral and 16.8% in dollars, with the 11/11 week delivering GMV growth of 24.9% FX-neutral and 35.7% in dollars.
VTEX handled 9.9 million orders in the week, peaking at US$0.6M GMV per minute on November 28. Two out of five orders used inventory from physical stores, and VTEX’s infrastructure processed 273 billion edge requests, reaching 53 million requests per minute, underscoring its scalability during peak demand.
VTEX insider plans a small share sale under Rule 144. A holder of VTEX Class A common stock filed a notice to sell 4,808 shares through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate aggregate market value of $19,953.20 and 103,947,244 Class A shares outstanding. The shares being sold were originally acquired as founder stock on 11/02/2021 for cash. The filer also reports a prior sale during the past three months, where ITACARE CORPORATION sold 4,808 Class A shares on 11/26/2025 for gross proceeds of $19,232.00. The signer represents they are not aware of undisclosed material adverse information about the issuer’s current or prospective operations.
VTEX reported a planned insider sale under Rule 144. A holder has filed to sell up to 67,926 shares of common stock through broker Morgan Stanley Smith Barney LLC on the NYSE, with an indicated aggregate market value of $281,926.86. The filing notes that 103,947,244 shares of common stock were outstanding at the time stated; this is a baseline figure, not the amount being sold.
The shares to be sold were acquired through a mix of restricted stock vesting under a registered plan on several dates in 2024 and earlier private acquisitions from the issuer or an affiliate in 2019 and 2020. By signing the notice, the seller represents that they are not aware of any undisclosed material adverse information about VTEX’s current or prospective operations.
VTEX has a holder filing a notice of proposed sale under Rule 144 for 32,414 shares of common stock, with an aggregate market value of $133,720.72. These shares are planned to be sold through Morgan Stanley Smith Barney LLC on the NYSE, with an approximate sale date of 12/01/2025. The issuer has 178,035,595 shares of common stock outstanding, providing context for the size of this planned sale.
The shares to be sold were acquired as restricted stock directly from the issuer on 11/01/2024 and 02/01/2025 in four grants of 11,445, 1,907, 11,437, and 7,625 shares, all noted as "Not Applicable" for cash payment, consistent with stock-based awards. The person on whose behalf the sale is planned represents that they do not know of any undisclosed material adverse information about VTEX.