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

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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 extends its partnership with Stripe to introduce Tap to Pay on Android to U.S.-based Wix merchants.

WIX Collaborates With Stripe to Launch Tap to Pay on Android

Wix, a global software-as-a-service (SaaS) platform for managing an online presence, has partnered with payment processing platform Stripe to introduce Tap to Pay on Android. This new feature allows U.S.-based merchants to process payments using their Android devices as point-of-sale (POS) terminals, the companies said in a Tuesday (Sept.

Wix and Stripe Partnership Introduces Tap to Pay on Android

Merchants using Wix can process payments by converting their Android devices into Point-of-Sale terminals to accept secure, contactless payments anywhere in the U.S. NEW YORK , Sept. 12, 2023 /PRNewswire/ -- Wix.com Ltd.

Wix Launches Tap to Pay on Android to Make In-Person Commerce Easier for U.S. Merchants with Stripe

WIX partners with Webnames.ca to address the growing need for e-commerce and marketing solutions.

WIX Collaborates With Webnames.ca to Help Canadian Entrepreneurs

Does Wix.com (WIX) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why Wix.com (WIX) is a Great Momentum Stock to Buy

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The Zacks Computers - IT Services Industry participants like Roper Technologies (ROP), Check Point Software (CHKP), Vertiv (VRT) and Wix.com (WIX) are benefiting from ongoing digitization, strong demand for hybrid working solutions and improving IT spending.

4 IT Services Stocks to Buy From a Prospering Industry

Wix recognized as an impactful partner for the third year in a row NEW YORK , Aug. 29, 2023 /PRNewswire/ --  Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced that it has been awarded the 2023 Global Google Workspace Expansion Partner of the Year.

Wix Wins Global Google Cloud Partner of the Year Award - Google Workspace Expansion

The consensus price target hints at a 26.9% upside potential for Wix.com (WIX). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Wall Street Analysts Predict a 26.92% Upside in Wix.com (WIX): Here's What You Should Know

Wix is helping more than just individuals build websites. Recent cost reductions have helped Wix improve its profitability.

This Website Maker Is Finally Profitable. Is It Time to Add More Shares?

WIX performance benefits from continued momentum in annualized recurring revenues from Creative subscriptions.

WIX Stock Surges 17.8% YTD: Will the Upward Trend Continue?

NEW YORK , Aug. 22, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that Wix management will participate in a fireside chat at Citi's 2023 Global Technology Conference on Wednesday, September 6, 2023 at 4:45 p.m.

Wix to Participate in Fireside Chat at Citi's 2023 Global Technology Conference

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On top of strong expected growth, all three have enjoyed positive earnings estimate revisions, indicating optimism among analysts.

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The consensus price target hints at a 26.3% upside potential for Wix.com (WIX). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

How Much Upside is Left in Wix.com (WIX)? Wall Street Analysts Think 26.31%

NEW YORK , Aug. 9, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today released additional details about the two-part virtual Analyst & Investor Day, consisting of prepared management presentations on Wednesday, August 9, 2023 and a live Q&A event on Thursday, August 10, 2023.

Wix Releases Additional Details for its Upcoming Analyst & Investor Day on August 9-10, 2023

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The second quarter 2023 earnings season has seen a wide variance between the "haves" and the "have nots" of performance. While many companies have had impressive earnings beats, some crushed earnings estimates by nearly triple or more.

2 Stocks that Doubled and Tripled EPS Estimates and Soared

Wix has seen a surprise acceleration in revenue growth, benefiting from generative AI and easy comparables. The stock is up 50% from its lows but remains far below its all-time high. Wix has a strong balance sheet, positive cash flow, and has generated profits on a GAAP basis.

Wix.com Is Soaring: Generative AI Is A Tailwind, Not A Risk - Buy This Rally

While the top- and bottom-line numbers for Wix.com (WIX) give a sense of how the business performed in the quarter ended June 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Wix.com (WIX) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Wix.com (WIX) came out with quarterly earnings of $1.26 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to loss of $0.14 per share a year ago.

Wix.com (WIX) Surpasses Q2 Earnings and Revenue Estimates

Outperformance continued in the second quarter with total revenue of $390.0 million exceeding expectations, up 13% y/y as Creative Subscriptions and Business Solutions revenue growth accelerated for third consecutive quarter Growing number of Partners1 building on Wix and higher usage of Wix for projects with improved monetization driving growth acceleration of Partners revenue to $115.2 million, up 36% y/y Benefits from operational efficiencies completed over the past year across the organization drove continued profitability improvements, resulting in higher than expected FCF2 margin of 13% and leading to expected acceleration of FCF margin in 2H23 Total non-GAAP gross profit up 23% y/y leading to non-GAAP gross margin of 68% and non-GAAP Creative Subscriptions gross margin of 83%, both well ahead of expectations First quarter of positive GAAP operating income in our history totaling $13.0 million, or 3% of revenue and new high-water mark for non-GAAP operating income Launched Wix Studio, a revolutionary all-in-one new platform with deep design control, advanced capabilities, workflow management tools and AI products designed specifically for professionals to create, manage and grow more efficiently than ever before Expansion of AI and genAI-driven product suite with the introduction of AI Site Generator, AI Assistant for Business, and more NEW YORK , Aug. 3, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX) today reported financial results for the second quarter of 2023.

Wix Reports Second Quarter 2023 Results

Wix Studio marks a significant evolution in web creation for agencies, delivering a revolutionary platform that combines AI-powered features, the latest design and development capabilities and seamless workflows for multi-site management to help agencies create projects with greater quality and velocity NEW YORK , Aug. 1, 2023 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced the release of Wix Studio , the ultimate web creation and development experience, elevating the platform for agencies and freelancers.

Introducing Wix Studio, the Ultimate Web Creation Platform for Agencies and Freelancers

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WIX unveils AI Site Generator and a suite of AI-powered features to improve website development.

WIX Launches AI Powered Tools to Transform Website Creation

Wix will release second quarter 2023 results on August 3, 2023 NEW YORK , July 18, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that it will host a two-part virtual Analyst & Investor Day, consisting of prepared management presentations on Wednesday, August 9, 2023 and a live Q&A event on Thursday, August 10, 2023.

Wix Announces Details for Upcoming Analyst & Investor Day and Second Quarter 2023 Earnings Release

The upcoming AI Site Generator will create an entire website complete with text, images and business solutions within seconds NEW YORK , July 17, 2023 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced its plans to launch the AI Site Generator, along with a suite of AI-powered capabilities, many of which are already available to users.

News for Wix.com Stock (WIX)