How did VTEX's gross margin and operating expenses change versus the prior quarter and year‑over‑year?
Answer
Based on the excerpt you provided from the VTEX second‑quarter 2025 earnings release, the specific figures for gross margin and operating expenses—and how they changed versus the prior quarter (Q1 2025) and versus the same quarter in the prior year (Q2 2024)—are not included. The summary stops after a brief quote from co‑CEO Geraldo Thomaz Jr. and does not contain the detailed financial tables or commentary that normally accompany a quarterly earnings announcement.
What you would normally look for in the full release
In a complete earnings press release, VTEX would typically disclose:
| Metric | Q2 2025 | Q1 2025 (Quarter‑over‑Quarter) | Q2 2024 (Year‑over‑Year) | % Change QoQ | % Change YoY |
|---|---|---|---|---|---|
| Gross margin (absolute $) | … | … | … | … | … |
| Gross margin (percentage of revenue) | …% | …% | …% | …% | …% |
| Operating expenses (absolute $) | … | … | … | … | … |
| Operating expenses (as % of revenue) | …% | …% | …% | …% | …% |
These numbers would allow a direct answer to the question:
- Gross‑margin change: e.g., “Gross margin rose 3 percentage points (pp) to 45 % in Q2 2025, up from 42 % in Q1 2025 (QoQ) and up from 38 % in Q2 2024 (YoY).”
- Operating‑expense change: e.g., “Operating expenses increased 5 % YoY to $120 million, but were flat versus Q1 2025, reflecting continued investment in technology and sales.”
What to do next
To obtain the precise changes you’re looking for, you’ll need to locate the full VTEX Q2 2025 earnings release (often posted on the company’s investor‑relations website or on Business Wire). The full release will include:
- A consolidated statement of operations (or income statement) showing revenue, cost of goods sold, gross profit, and operating expenses.
- Management’s discussion and analysis (MD&A) that often highlights the drivers behind margin and expense movements.
- Tables or footnotes that break out R&D, sales & marketing, and G&A expenses, which can be compared to the prior quarter and prior year.
If you can provide those sections (or a link to the full press release), I can extract the exact numbers and calculate the quarter‑over‑quarter and year‑over‑year changes for you.