Vtex cash flow statement

In fiscal 2025, Vtex's operations generated $33.4m of cash; it spent $1.0m on capital projects, leaving free cash flow of $32.3m. It returned $59.1m through buybacks.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Vtex: cash flow statement, annual
Fiscal year	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Cash from operations	2	11	−53	−29	5	26	33
Depreciation and amortisation	—	—	—	—	4	3	3
Stock-based pay	1	3	9	12	16	17	17
Capital spending	2	2	1	0	0	2	1
Free cash flow	0	10	−54	−30	5	24	32
Free cash flow after stock pay	−1	7	−64	−42	−11	7	15
Share buybacks	—	—	—	—	35	11	59

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

Compare with peers

Head to head: PDFS vs VTEX GCL vs VTEX DCBO vs VTEX AI vs VTEX

More: Application Software stocks compared, Technology sector, rankings of US companies

Figures from Vtex's SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Vtex.