Revenue segments as reported by the company.

Creative Subscriptions

Business Solutions

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Impairment, restructuring and other costs

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Wix.com

Wix.com Ltd. operates a cloud-based website design and development platform. It offers web templates, web editor, web builder, search engine optimization tools, logo maker, web hosting, and electronic mail marketing services. The company was founded by Avishai Abrahami, Nadav Abrahami, and Giora Kaplan on October 5, 2006 and is headquartered in Tel Aviv, Israel.

Earnings data Q4 2020

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Wix.com reports robust Q4 earnings, eyes AI innovation and partnerships

Wix.com's Q4 2022 earnings call highlighted strong financial performance, cost management efforts, and strategic shifts towards brand marketing. The company's focus on AI technology, partnerships, and organizational productivity sets the stage for continued growth and innovation in 2023.

Wix.com surpasses revenue expectations, eyes growth amid operational enhancements

Wix.com delivered strong financial performance in Q1 2023, exceeding revenue expectations and showcasing operational efficiency improvements.
Despite challenges from Europe's slower growth and shifting agreement structures, the company's focus on innovation and revenue-driving strategies presents growth opportunities.
With a solid foundation in cost savings, AI integration, and revenue growth drivers, Wix.com is poised for continued success and profitability in the coming quarters.
Balancing regional challenges with global growth prospects, Wix.com's strategic focus on partnerships and user experience positions the company for sustained expansion and market leadership.

Wix surpasses revenue expectations, focuses on AI and partner growth

Wix.com delivered a strong performance in Q2, with revenue exceeding expectations and a focus on expanding its AI capabilities and partner ecosystem.
While facing challenges in meeting long-term targets and operational execution, Wix's strengths lie in its innovative products, diversified revenue streams, and margin expansion.
Opportunities for Wix include leveraging AI technology for growth, capitalizing on the momentum in partner acquisitions, and enhancing marketing efforts with Wix Studio.
Overall, Wix's Q2 earnings call highlights a solid foundation for growth, with a strategic focus on technology, partnerships, and enhancing the user experience.

Wix surpasses Q3 revenue targets, eyes AI growth opportunities

Wix's Q3 performance exceeded expectations with a strong financial outlook and positive feedback on AI technology. Challenges include addressing bookings deceleration and improving gross margins. Opportunities lie in expanding B2B partnerships and leveraging AI products for growth.

Wix reports robust Q4 earnings, eyes AI and pricing for growth

Wix's Q4 2023 Earnings Call showcased strong financial performance, strategic strengths in AI and platform success, while also addressing challenges in regional revenue fluctuations and pricing strategies.
The company's focus on innovation, market adaptation, and financial stability positions it well for growth opportunities in 2024 and beyond.
Analysts' inquiries highlighted areas for improvement and innovation, signaling a proactive approach to addressing challenges and seizing opportunities for future success.

Wix.com excels in Q1 2024 with AI-driven growth and optimistic outlook

Wix's Q1 performance reflects strong financials and user engagement, propelled by AI-driven products and Wix Studio's success. While challenges like economic factors and AI tool adoption persist, the company is optimistic about surpassing the Rule of 40 and expects accelerated bookings growth in the second half of 2024.

Wix excels in Q2, eyes sustained growth through innovation

Wix's Q2 performance reflects robust growth across key metrics, underpinned by operational excellence and financial strength.
While facing challenges in a competitive market, Wix's strategic focus on innovation and efficiency positions it for future success.
Opportunities in e-commerce trends and AI integration offer avenues for continued growth and market differentiation.
Overall, Wix's solid financial health, strong performance, and strategic initiatives bode well for its future outlook.

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Cost of revenue

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Wix.com Ltd. operates a cloud-based website design and development platform. It offers web templates, web editor, web builder, search engine optimization tools, logo maker, web hosting, and electronic mail marketing services. The company was founded by Avishai Abrahami, Nadav Abrahami, and Giora Kaplan on October 5, 2006, and is headquartered in Tel Aviv, Israel.

Wix.com Ltd. (NASDAQ:WIX ) Q1 2024 Earnings Call Transcript May 20, 2024 8:30 AM ET Company Participants Emily Liu - IR Avishai Abrahami - CEO and Co-Founder Nir Zohar - President and COO Lior Shemesh - CFO Conference Call Participants Ygal Arounian - Citigroup Ken Wong - Oppenheimer Trevor Young - Barclays Andrew Boone - JMP Securities Josh Beck - Raymond James Operator Good day, and thank you for standing by.

Wix.com Ltd. (WIX) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Wix.com (WIX) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Wix.com (WIX) Q1 Earnings: A Look at Key Metrics

Israeli website creator Wix (NASDAQ: WIX ) beat earnings estimates, sending WIX stock up 20%. Wix earned $24 million, 41 cents per share fully diluted, on revenue of almost $420 million during the quarter.

Wix Stock Soars as Q1 Earnings Crush Expectations: 5 Key Takeaways

It is not too yet too late to build a position in Wix.com Ltd (NASDAQ: WIX), says Mark Zgutowicz – a Benchmark analyst. Wix stock could climb further to $175 Wix stock is up 10% this morning after beating Street estimates in its fiscal first quarter.

Wix stock rallies on Q1 earnings: is it too late to buy?

Wix.com (WIX) came out with quarterly earnings of $1.29 per share, beating the Zacks Consensus Estimate of $1.03 per share. This compares to earnings of $0.91 per share a year ago.

Wix.com (WIX) Q1 Earnings and Revenues Top Estimates

Wix.com , which helps small businesses build and operate websites, reported on Monday a higher-than-expected rise in quarterly net profit, boosted by its new artificial intelligence (AI) and Studio products for designing advanced websites.

Website creator Wix.com Q1 profit tops estimates, raises 2024 outlook

Record increase to FCF outlook driven by Q1 outperformance and expected 2H bookings acceleration – now anticipating 26% FCF margin in FY2024, one year ahead of plan and within clear sight of hitting Rule of 40 milestone already this year Strong start to year with total bookings of $457.3 million, up 10% y/y driven by reacceleration of Creative Subscriptions growth Total revenue of $419.8 million exceeded expectations, up 12% y/y driven by continued momentum in the Partners business – reflecting market share gains and stronger than anticipated Wix Studio uptake Robust top-line growth coupled with stable optimized cost structure drove record FCF1 margin of 26% in the most recent quarter GAAP operating income of $9.7 million marks second consecutive quarter of GAAP operating profit; we continue to expect positive full year 2024 GAAP operating income Expect acceleration of both Self Creators and Partners bookings growth in second half of 2024, driven by strong traction of expanding AI product suite and Studio, as well as encouraging business fundamentals Increasing 2024 bookings outlook with 2H bookings growth expected to accelerate to 16% y/y vs. 15% previously expected Increasing 2024 FCF1 margin outlook to ~26% – well ahead of three-year plan as 25%+ FCF margin target was previously anticipated for 2025 NEW YORK , May 20, 2024 /PRNewswire/ -- Wix.com Ltd.

Wix Reports First Quarter 2024 Results

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WIX unveils new AI-based tools to assist customers in streamlining the process of creating and managing their online presence.

WIX Launches Advanced AI-Powered Image Enhancement Tools

WIX's Q1 performance is likely to have benefited from momentum in Partners' revenues, which is witnessing higher monetization driven by the strong adoption of WIX Studio.

Here's How WIX is Placed Just Ahead of Q1 Earnings Release

The new AI-powered tools include a new image generator, an object eraser, and an image editor with the ability to add and replace objects, empowering users to level up their site's visual content NEW YORK , May 16, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence1, today announced the launch of three new AI-powered image enhancement and creation tools to help users create and display high-quality images that improve, customize and personalize visual content to their specific needs.

Wix Launches AI-Powered Image Enhancement and Creation Tools, Empowering Users to Create Stunning Visuals Effortlessly

Besides Wall Street's top -and-bottom-line estimates for Wix.com (WIX), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended March 2024.

Insights Into Wix.com (WIX) Q1: Wall Street Projections for Key Metrics

Wix.com (WIX) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Wix.com (WIX) Moves 3.9% Higher: Will This Strength Last?

Squarespace

Wix (NASDAQ: WIX) stock price came into the spotlight on Monday after Permira, a London-based private equity company, acquired Squarespace (SQSP) in a $6.9 billion all-cash transaction. It jumped by over 3% as Squarespace surged by over 13%.

Wix stock price outlook after Squarespace's acquisition

WIX launches an advanced AI Portfolio Creator tool that revolutionizes the way portfolios are created and presented online.

WIX Introduces Cutting-Edge AI Portfolio Creator Platform

The AI Portfolio Creator enables users to create unique and professional portfolios online by using AI to showcase their work NEW YORK , May 9, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global digital presence,1  today announced the launch of the AI Portfolio Creator, enhancing how users create and showcase an online professional portfolio.

Wix Launches AI Portfolio Creator

NEW YORK , May 8, 2024 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX ), today announced that Wix management will participate in a fireside chat at J.P.

Wix to Participate in Fireside Chat at J.P. Morgan Global Technology, Media and Communications Conference

The new, tailor-made solution provides a complete offering for businesses to create professional proposals and manage financial engagements at the contractual and payments levels NEW YORK , May 1, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence1, today announced the launch of Wix Proposals, powered by Prospero , a leading proposal creation platform.

Wix Launches Wix Proposals, Powered by Prospero, Providing a Comprehensive Solution for Managing Long-Term Financial Engagements

NEW YORK , April 29, 2024 /PRNewswire/ --  Wix.com Ltd. (Nasdaq: WIX), today announced that it will report its results for the first quarter ended March 31, 2024 before the market opens on Monday, May 20, 2024.

Wix to Announce First Quarter 2024 Results on May 20, 2024

BERKELEY, Calif. , April 25, 2024 /PRNewswire/ -- iHomefinder, a leading provider of real estate property search technology and online marketing tools, has announced a strategic partnership with Wix.com Ltd.

iHomefinder Partners with Wix to Offer Advanced Real Estate Website Solutions

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WIX is expanding the WIX Marketplace for its partners by allowing them to directly sell their templates created on WIX Studio alongside offering their services on the platform.

WIX Generates New Monetizing Opportunities for Partners

Agencies and freelancers creating on Wix Studio can further increase their revenue streams by selling templates alongside their services within the Wix ecosystem NEW YORK , April 17, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence1, today announced that Partners creating on Wix Studio can sell Studio templates directly within the Wix Marketplace.

Wix Studio Expands Growth Opportunity for Partners to Sell Website Templates and Monetize their Creations

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WIX's new all-in-one donations collection platform is set to aid users in the effective management of their donations campaign as well as increasing their online presence.

News for Wix.com Stock (WIX)