VTEX
TechnologyVtex · Software - Application · $630M
What is Vtex?
Vtex is a cloud-based digital commerce platform built for enterprise brands and retailers. Founded in 2000 and headquartered in London, the company serves customers across Latin America, Europe, and North America.
Vtex provides a software-as-a-service platform that helps enterprise retailers build online stores, manage orders across multiple channels, and launch marketplaces where third-party vendors can sell products. The company earns revenue primarily through subscription and transaction-based fees tied to its platform. Its operations span markets including Brazil, Mexico, the United States, and several European countries, positioning it as a cross-regional commerce infrastructure provider.
Vtex was founded in 2000 and is headquartered in London, United Kingdom.
- Multi-channel order management and fulfillment tools
- Online storefront creation and customization
- Third-party marketplace enablement
- Commerce platform integrations for enterprise retailers
- Cross-border and multi-region commerce capabilities
Is VTEX a Good Stock to Buy?
UQS Score rates VTEX as Below Average overall.
The most notable bright spot in VTEX's profile is its Risk pillar, which scores Strong — suggesting the company carries relatively manageable financial and operational risk compared to many small-cap technology peers. Valuation and Growth both land at Neutral, meaning neither presents a clear red flag nor a compelling edge at this time.
Both the Quality and Moat pillars register as Weak, indicating that the business has not yet demonstrated durable competitive advantages or the kind of financial consistency that long-term investors typically look for in a platform company.
Pro members can view the full pillar breakdown and underlying financial metrics to dig deeper into what's driving each score. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does VTEX pay dividends?
No — Vtex does not currently pay a dividend.
VTEX does not currently pay a dividend. As a growth-oriented SaaS company still expanding across multiple geographies, capital is typically reinvested into platform development, sales, and market expansion rather than returned to shareholders through distributions. Income-focused investors should factor this into their assessment.
When does VTEX report earnings?
Vtex reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.
The company's Growth pillar sits at Neutral, reflecting a mixed picture of expansion relative to sector peers. Revenue trajectory and platform adoption across its key markets remain central to how the business is evaluated each quarter.
For the most recent quarter's results and guidance, visit Vtex's official investor relations page.
VTEX Price History
-82.3% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Vtex?
Based on Vtex's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
VTEX Long-term Outlook
Vtex's fundamental outlook is shaped by its Neutral Growth profile and Strong Risk standing. The company operates in a competitive commerce infrastructure space where platform stickiness and geographic diversification matter. Its Latin American roots give it exposure to underpenetrated e-commerce markets, but converting that opportunity into consistent financial quality remains the central challenge reflected in its Weak Quality and Moat scores.
Growth drivers
- Expansion into underpenetrated e-commerce markets across Latin America and Southern Europe
- Growing enterprise demand for flexible, multi-channel commerce platforms
- Cross-sell and upsell potential within existing retailer and brand relationships
Key risks
- Weak moat profile leaves the platform vulnerable to competition from larger, better-resourced commerce vendors
- Sustaining growth across diverse geographies with varying regulatory and economic conditions
- Translating platform adoption into durable financial quality metrics over time
VTEX vs Peers
VTEX operates in the broader technology and SaaS landscape alongside a range of publicly traded companies, including the following peers tracked by UQS Score.
OppFi focuses on financial technology and consumer lending rather than commerce infrastructure, serving a distinctly different end market than Vtex's enterprise retail customers.
Daily Journal Corporation operates in legal publishing and court technology software, making it a very different business model from Vtex's commerce-focused SaaS platform.
Blackline Safety provides connected safety technology for industrial workers, occupying a niche SaaS vertical entirely separate from Vtex's digital commerce focus.
Frequently Asked Questions
What does Vtex do?
Vtex provides a cloud-based digital commerce platform for enterprise brands and retailers. Its software helps companies build online stores, manage orders across channels, and operate third-party marketplaces. The platform is used across Latin America, Europe, and North America.
Does VTEX pay dividends?
No, VTEX does not currently pay a dividend. The company reinvests available capital into platform growth and geographic expansion. Investors seeking regular income distributions should note this when evaluating the stock.
When does VTEX report earnings?
Vtex reports on a quarterly basis, in line with standard US-listed company practice. For exact dates and the most recent results, check Vtex's investor relations page directly, as our data source does not cover upcoming earnings dates.
Is VTEX a good stock to buy?
UQS Score rates VTEX as Below Average, driven by Weak scores on Quality and Moat. The Risk pillar is Strong, which provides some reassurance, but the overall profile suggests the company has meaningful ground to cover before it ranks among higher-quality peers. Pro members can access the full breakdown.
Is VTEX overvalued?
VTEX's Valuation pillar currently sits at Neutral, meaning it does not appear dramatically overpriced or deeply discounted relative to the scoring model's assessment. That said, valuation context is best understood alongside the Quality and Growth pillars — all available in the full Pro report.
How does VTEX compare to its competitors?
The peers tracked alongside VTEX on UQS Score — including OppFi, Daily Journal Corporation, and Blackline Safety — operate in different verticals. Direct commerce platform comparisons require looking at the broader SaaS and e-commerce infrastructure landscape. UQS Score's side-by-side pillar view helps contextualize these differences.
What is VTEX's market cap bracket?
VTEX is classified as a small-cap stock. This places it in a segment of the market that can offer growth potential but also tends to carry higher volatility and less analyst coverage than large- or mega-cap technology companies.
Who founded Vtex?
Vtex was founded in 2000. Information about the company's founders is widely available through public sources and Vtex's own corporate history pages. The company is now headquartered in London, United Kingdom.
Is VTEX a long-term quality investment?
As a long-term quality indicator, VTEX's current UQS profile raises questions. Weak Quality and Moat scores suggest the business has not yet established the durable advantages that tend to support compounding returns over time. Investors focused on long-term quality may want to monitor whether these pillars improve before committing capital.
What is the main competitive advantage of Vtex?
Vtex's platform targets enterprise retailers with complex, multi-channel commerce needs — a segment that requires deep integrations and ongoing support. Its presence across Latin America gives it regional familiarity in markets where e-commerce adoption is still growing. However, its Moat pillar currently scores Weak, indicating these advantages are not yet strongly differentiated.
What sector does VTEX belong to?
VTEX belongs to the Technology sector, specifically within the software-as-a-service segment. It focuses on digital commerce infrastructure for enterprise clients, placing it alongside other cloud-based platform businesses that serve retail and brand customers.
Is VTEX a growth stock or value stock?
Based on its UQS profile, VTEX shows a Neutral Growth score and a Neutral Valuation score — placing it in an ambiguous middle ground. It does not clearly fit the profile of a high-growth compounder or a deep-value opportunity at this time. The full pillar detail is available to Pro members.
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Pro Analysis
VTEX — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 53.4 | 43.8 | 33.0 | 52.4 | 82.4 | 75.6 | -0.1 |
| May 17, 2026 | 53.5 | 43.8 | 33.0 | 52.4 | 82.4 | 76.2 | +3.9 |
| May 7, 2026 | 49.6 | 37.3 | 33.0 | 52.2 | 82.4 | 61.7 | +0.1 |
| May 3, 2026 | 49.5 | 37.3 | 33.0 | 52.2 | 82.4 | 61.2 | +0.1 |
| Apr 30, 2026 | 49.4 | 37.3 | 33.0 | 52.2 | 82.4 | 60.4 | 0.0 |
| Apr 26, 2026 | 49.4 | 37.3 | 33.0 | 52.1 | 82.4 | 60.4 | +0.2 |
| Apr 19, 2026 | 49.2 | 37.3 | 33.0 | 52.1 | 82.4 | 59.0 | -0.1 |
| Apr 18, 2026 | 49.3 | 37.3 | 33.0 | 52.1 | 82.4 | 59.6 | -2.2 |
| Apr 14, 2026 | 51.5 | 37.3 | 33.0 | 52.1 | 82.4 | 74.5 | -0.2 |
| Apr 12, 2026 | 51.7 | 37.3 | 33.0 | 52.1 | 82.4 | 75.5 | +0.1 |
VTEX — Pillar Breakdown
Quality
— 43.7/100 (25%)Vtex has average quality metrics, with room for improvement in margins or capital efficiency.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 52.4/100 (20%)Vtex shows steady but unspectacular growth, typical for mature companies.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 82.4/100 (15%)Vtex carries minimal financial risk with conservative leverage and strong solvency.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 75.6/100 (15%)Vtex appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 33/100 (25%)Vtex operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for VTEX.
Score Composition
Financial Data
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How is the VTEX UQS Score Calculated?
The UQS (Unified Quality Score) for Vtex is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Vtex's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Vtex is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.