Earnings ·
VTEX reported second quarter 2026 financial results ending June 30, 2026
VTEXVTEX
VTEX reported second quarter 2026 financial results ending June 30, 2026. Total revenue increased 9.5% year-over-year to US$64.4 million, while subscription revenue grew 11.4% to US$63.8 million. Gross merchandise value (GMV) rose 17.8% to US$5.7 billion. Non-GAAP income from operations increased 62.4% to US$13.8 million with a 21.4% margin, and non-GAAP free cash flow grew 79.1% to US$12.7 million. The company repurchased 6.2 million Class A common shares for US$23.2 million during the quarter. VTEX provided updated guidance for Q3 and full-year 2026, targeting low-single digit FX-neutral subscription revenue growth and non-GAAP operating margins in the low-twenties percentage range. The company operates in the technology industry, providing an AI-native commerce suite for brands and retailers.