R&D expense · 2023–2025

Vtex R&D expense

$63.9M+15.3% · FY2025

Vtex (VTEX) reported $63.9M in R&D expense for fiscal 2025, +15.3% year on year.

$60.2M2023$55.4M2024$63.9M2025
Vtex — R&D expense, 2023–2025
Fiscal yearR&D expenseChangeFiling
FY20252025-12-31$63.9M+15.3%Open →
FY20242024-12-31$55.4M−8.0%Open →
FY20232023-12-31$60.2M—Open →

R&D expense — Research and development expense is what the company charged to R&D in the income statement for the year. Most companies report no R&D at all — the line is absent rather than zero — so this ranking covers the roughly 40% of filers that do.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2023–2025 compound annual growth +3.0%

R&D expense at companies of similar size

Full ranking by R&D expense →

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Vtex R&D expense |url=https://companiesranked.com/en/company/vtex/research-and-development-expense |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Vtex R&D expense. CompaniesRanked. https://companiesranked.com/en/company/vtex/research-and-development-expense

BibTeX

@misc{companiesranked-en-company-vtex-research-and-development-expense-2026,
  author       = {{CompaniesRanked}},
  title        = {{Vtex R\&D expense}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/vtex/research-and-development-expense}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 20-F · 0001193125-26-076504 · February 26, 2026

{{cite web |title=Vtex R&D expense — 20-F (0001193125-26-076504) |url=https://www.sec.gov/Archives/edgar/data/1793663/000119312526076504/ck0001793663-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-26}}

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