VTEX Q2 revenue misses estimates

Vtex

07/08/2025 21:29

Overview

VTEX Q2 revenue of $58.8 mln missed analyst expectations, per LSEG data

Adjusted income from operations beat estimates at $8.5 mln, per LSEG data

Company executed share repurchase, authorized additional $40 mln buyback

Outlook

VTEX targets Q3 2025 FX neutral subscription revenue of $57.5 mln to $59.0 mln

Company aims for full-year 2025 FX neutral subscription revenue of $233 mln to $239 mln

VTEX raises non-GAAP income and free cash flow margins to high-teens

Result Drivers

SUBSCRIPTION GROWTH - Subscription revenue grew 11.2% FX neutral, driven by scalable B2B solutions and monetization engines, despite challenges in Brazil and Argentina

AI INITIATIVES - AI initiatives on support-cost efficiency and disciplined execution contributed to resilient operational profitability

GLOBAL EXPANSION - Expansion in US and Europe with new clients like KitchenAid and Road Runner Sports highlights growing global relevance

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Miss
$58.80 mln
$60.30 mln (4 Analysts)
Q2 Adjusted Income from Operations
Beat
$8.50 mln
$4.52 mln (3 Analysts)
Q2 Adjusted Free Cash Flow
$7.10 mln
Q2 GMV
$4.80 bln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 7 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the software peer group is "buy"

Wall Street's median 12-month price target for VTEX is $10.00, about 40.9% above its August 6 closing price of $5.91

The stock recently traded at 43 times the next 12-month earnings vs. a P/E of 45 three months ago

Press Release: ID:nBwGxKvTa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)