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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

What does one expect from a website builder in 2023? That's the question many startups — and incumbents — are trying to answer as the landscape changes, driven by trends in generative AI.

Wix's new tool can create entire websites from prompts

Wix.com Ltd. has a promising growth outlook due to its freemium business model, a large user base, and impressive cohort retention. Despite a focus on expanding the payments segment, the core business of Wix remains strong with potential for growth as more small and medium-sized businesses establish or upgrade their online presence. The company is focusing on expanding its payments segment and leveraging AI tools to streamline customer experience and reduce operational costs.

Wix.com: Freemium Model And AI Tools Driving Growth

Several recent developments have led to financial improvements at WIX. Wix management has a background in advanced computing, including AI, and is focusing on cost reduction and new marketing strategies. We believe that these initiatives will create market share & additional ARPU.

Wix.com: Margin Growth And AI Point To Potential

Wix is actively incorporating AI into its products. AI can help the company operate faster and smarter.

The AI Revolution: How Wix.com Is Positioning Itself for Success

The consensus price target hints at a 27% 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.

Can Wix.com (WIX) Climb 27.03% to Reach the Level Wall Street Analysts Expect?

Wix.com (WIX) reported earnings 30 days ago. What's next for the stock?

Why Is Wix.com (WIX) Up 10.5% Since Last Earnings Report?

Wix's recent performance has been disappointing. But the company is betting on new products and AI to grow in the long run.

Is Wix.com Stock a Buy Now?

The mean of analysts' price targets for Wix.com (WIX) points to a 41.7% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Wall Street Analysts See a 41.7% Upside in Wix.com (WIX): Can the Stock Really Move This High?

NEW YORK , May 31, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), a leading global SaaS platform to create, manage and grow an online presence, issued its second Environmental, Social and Governance (ESG) Report today.

Wix Releases 2022 Environmental, Social and Governance (ESG) Report

NEW YORK , May 24, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), today announced that it has completed the $300 million share repurchase program authorized by the Board of Directors and announced in October 2022.

Wix Announces Completion of $300 Million Share Repurchase Program

Synopsys

ViaSat

Here are three top-rated Zacks Computer and Technology sector stocks that are standing out after their quarterly reports last week.

3 Intriguing Tech Stocks to Buy After Earnings

: WIX's Google Ads with Wix feature will allow users to tailor ad settings according to their requirements. This will also help in creating ad content.

WIX Rolls Out New Google Ads With Wix Feature for Users

NEW YORK , May 18, 2023 /PRNewswire/ -- Wix.com Ltd. (Nasdaq:  WIX ), today announced that Nir Zohar, COO &  President, and Lior Shemesh, CFO, will participate in a fireside chat at the Jefferies Software Conference on Wednesday, May 31, 2023 at 8 AM PDT.

Wix to Participate in Fireside Chat at the Jefferies Software Conference

Wix reported better earnings results than expected. The company sees artificial intelligence as an opportunity for more growth.

Why Wix.com Stock Was Down Earlier Wednesday

Wix.com Ltd. (NASDAQ:WIX ) Q1 2023 Earnings Conference Call May 17, 2023 8:30 AM ET Company Participants Rona Davis - Head PR & Communications Avishai Abrahami - Chief Executive Officer and Co-Founder Nir Zohar - President and Chief Operating Officer Lior Shemesh - Chief Financial Officer Conference Call Participants Ygal Arounian - Citigroup Aaron Kessler - Raymond James Mark Mahaney - Evercore ISI Elizabeth Porter - Morgan Stanley Clarke Jeffries - Piper Sandler Trevor Young - Barclays Brent Thill - Jefferies Andrew Boone - JMP Securities Operator Good day and thank you for standing by.

Wix.com Ltd. (WIX) Q1 2023 Earnings Call Transcript

The headline numbers for Wix.com (WIX) give insight into how the company performed in the quarter ended March 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Wix.com (WIX) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Wix.com Ltd  (NASDAQ: WIX) stock is down 2.3% at $79.55 last glance, despite the web development name delivering a top- and bottom-line win.

Wix.com Raises Forecast After Revenue, Earnings Beat

Doximity

Stock markets looked poised to recover some of their recent losses on Wednesday morning. Wix.com shares moved higher as the website facilitator lauded its AI efforts.

SaaS Stocks Aren't Out of the Woods Just Yet

Wix.com (WIX) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to loss of $0.72 per share a year ago.

Wix.com (WIX) Tops Q1 Earnings and Revenue Estimates

Wix.com , which helps small businesses build and operate websites, on Wednesday said it swung to a net profit in the first quarter, boosted by growth in subscription revenue.

Website creator Wix.com Q1 profit beats estimates, raises 2023 outlook

Strong profitable start to the year with total revenue of $374.1 million in the first quarter exceeding expectations, up 10% y/y, marked by acceleration in Creative Subscriptions revenue growth, up 9% y/y and continued strong growth in Business Solutions revenue, up 11% y/y Intensified focus on driving efficiencies and discipline across operating cost structure resulted in stronger than expected FCF1 generation and FCF margin of 12% Non-GAAP gross margin increased to 67% with non-GAAP Creative Subscriptions gross margin of 80% – both targets we had anticipated achieving later in the year Highest quarterly non-GAAP operating income in Wix history, driven by 24% y/y decrease in non-GAAP operating expenses Our accelerated profitability reassures our confidence in achieving "Rule of 40" in 2025, with expectations of significant cash flow margin expansion Power of the Wix brand delivering higher y/y new cohort bookings while investing ~47% less in acquisition marketing in Q1'23 AI technologies driving future growth opportunities with an exciting pipeline ahead, following many years of leading AI innovation NEW YORK , May 17, 2023 /PRNewswire/ --  Wix.com  Ltd. (Nasdaq: WIX) today reported financial results for the first quarter 2023.

Wix Reports First Quarter 2023 Results

NEW YORK , May 16, 2023 /PRNewswire/ --  Wix.com Ltd. (NASDAQ: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced Google Ads with Wix, which enables Wix users to create Google Ads directly from the Wix platform.

Wix Integrates with Google Ads Enabling Users to Create and Manage Paid Campaigns Directly From the Wix Platform

Wix's (WIX) Q1 performance is likely to have benefited from strong bookings growth and an improvement in the user base.

Wix.com (WIX) to Report Q1 Earnings: What's in the Offing?

Celsius Holdings

Kellogg

Price targets can be helpful for investors, as they can facilitate a more structured trade with pre-determined exit levels. Of course, it's important to remember that not all stocks reach analysts' forecasted levels.

3 Stocks Seeing Recent Analyst Upgrades

Datadog

Zscaler

The latest read on inflation sparked a relief rally as investors celebrated signs of improvement. The underlying data showed that inflation, while historically high, had fallen to a two-year low.

News for Wix.com Stock (WIX)