Vasta Platform Limited (VSTA) Revenue History
Annual and quarterly revenue from 2018 to present
VSTA Revenue Over Time (2018–2024)
VSTA Revenue Growth History
5 of 6 years with positive growth- FY2018 revenue growth
- N/A
- FY2019 revenue growth
- +0.4%
- FY2020 revenue growth
- +0.8%
- FY2021 revenue growth
- -5.0%
- FY2022 revenue growth
- +33.4%
- FY2023 revenue growth
- +17.6%
- FY2024 revenue growth
- +12.6%
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2025 | $249.6M | +13.4% |
| Q2 2025 | $358.5M | +21.8% |
| Q1 2025 | $430.4M | -6.6% |
| Q4 2024 | $698.9M | +26.1% |
| Q3 2024 | $220.2M | -14.6% |
| Q2 2024 | $294.4M | +8.5% |
| Q1 2024 | $460.7M | +14.4% |
| Q4 2023 | $554.1M | +9.7% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2024)
VSTA's revenue distribution by segment and geography for fiscal year 2024
By Product/Segment
VSTA Revenue Analysis (2018–2024)
Current Revenue & Growth
As of June 24, 2026, Vasta Platform Limited (VSTA) generated trailing twelve-month (TTM) revenue of $1.74 billion, reflecting strong growth of +13.4% year-over-year. The most recent quarter (Q3 2025) recorded $249.6 million in revenue, down 30.4% sequentially.
Historical Growth Trajectory
VSTA's 5-year compound annual growth rate (CAGR) stands at +11.1%, indicating consistent double-digit revenue growth. The 3-year CAGR of +20.9% exceeds the 5-year average, indicating an acceleration in the most recent period. Vasta Platform Limited's highest annual revenue of $1.67 billion was recorded in 2024, an all-time high.
Revenue by Segment
VSTA's revenue is primarily driven by Learning Systems (74%), Complementary Education Services (16%), and Textbooks (10%). With over half of revenue concentrated in Learning Systems, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Consumer Defensive sector peers — including PRDO (+17.7% YoY), STRA (+3.0% YoY), and LRN (+10.9% YoY) — VSTA has outperformed the peer group in revenue growth. Compare VSTA vs PRDO →
VSTA Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| VSTACurrent | $1.7B | +13.4% | +11.1% | 21.8% | |
 PRDO | $846M | +17.7% | +4.2% | 23.2% | |
 STRA | $1.3B | +3.0% | +4.3% | 15.5% | |
 LRN | $2.4B | +10.9% | +18.2% | 15.0% | |
 LAUR | $1.7B | +13.8% | +10.7% | 25.3% | |
 AFYA | $3.6B | +9.7% | +24.7% | 32.8% |
VSTA Historical Revenue Data (2018–2024)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2024 | $1.67B | +12.6% | $1.02B | 61.0% | $365.7M | 21.8% |
| 2023 | $1.49B | +17.6% | $915.4M | 61.6% | $189.4M | 12.7% |
| 2022 | $1.26B | +33.4% | $791.1M | 62.6% | $126.5M | 10.0% |
| 2021 | $947.4M | -5.0% | $550.6M | 58.1% | $-38,574,000 | -4.1% |
| 2020 | $997.6M | +0.8% | $619.6M | 62.1% | $52.4M | 5.3% |
| 2019 | $989.7M | +0.4% | $542.6M | 54.8% | $82.5M | 8.3% |
| 2018 | $985.4M | - | $705.8M | 71.6% | $164.0M | 16.6% |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
8+ years return with dividends reinvested.
DCA Calculator
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Peer Comparison
Compare growth, multiples, and margins vs sector.
VSTA — Frequently Asked Questions
Quick answers to the most common questions about buying VSTA stock.
Is VSTA's revenue growth accelerating or slowing?
VSTA revenue growth is holding steady at +13.4% year-over-year. TTM revenue is $1.7B. The current growth rate closely tracks the 5-year CAGR of +11.1%, signalling consistent execution.
What is VSTA's revenue history from 2018 to 2026?
Vasta Platform Limited (VSTA) revenue history spans 2018 to 2026. TTM revenue as of 2026 is $1.7B, growing at +13.4% YoY. The 5-year CAGR is +11.1%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is VSTA's long-term revenue growth rate (CAGR)?
Vasta Platform Limited's 5-year revenue CAGR of +11.1% reflects the sustained nature of its business expansion. As of 2026, the current YoY growth rate of +13.4% is in line with this long-term average. CAGR is the most reliable measure of sustained revenue momentum for VSTA.
Why does VSTA's quarterly revenue fluctuate?
VSTA quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Vasta Platform Limited's revenue data from 2018 to 2026 shows full historical quarterly detail on this page.
How is VSTA's revenue distributed by segment?
VSTA reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does VSTA's revenue compare to industry peers?
Vasta Platform Limited (VSTA) with TTM revenue of $1.7B and +13.4% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.