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 Q1 2021

Earnings data Q2 2021

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Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

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Earnings data Q1 2024

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Earnings data Q4 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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SG&A

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EBITDA

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Book value per share

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Cash from investing

Capital expenditure

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Purchase/sale of business

Other sources

Cash from financing

Change in stock

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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.

WIX unveils modern AI creation capabilities for its mobile app builder platform, set to redefine application building for iOS and Android without the need for any code.

WIX Adds AI Creation Capability to its Mobile App Builder

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Users can create a fully designed, business-ready native mobile application within minutes NEW YORK , June 5, 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 AI creation capabilities for its mobile app builder.

Wix Announces Users Can Create Professional Native Mobile Applications with AI

LONDON & AUSTIN, Texas--(BUSINESS WIRE)--Montana State University Selects ORCA Computing to Advance Distributed Quantum Computing and Communications.

Montana State University Selects ORCA Computing to Advance Distributed Quantum Computing and Communications

MUNICH--(BUSINESS WIRE)--Usercentrics, data privacy solutions leader managing over 5.2 billion monthly consents across platforms, partners with Wix, Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence to announce the launch of Cookiebot™ for Wix by Usercentrics. Cookiebot™ for Wix by Usercentrics is a plug-and-play solution that simplifies consent management implementation for website owners, enabling them to safeguard pri.

Usercentrics Partners With Wix to Launch First Consent Solution on the Wix App Market

NEW YORK , June 4, 2024 /PRNewswire/ -- Wix.com Ltd. (NASDAQ: WIX), the leading SaaS website builder platform to create, manage, and grow a global, digital presence1, today issued its annual Environmental, Social, and Governance (ESG) Report.

Wix Releases 2023 Environmental, Social, and Governance Report

Wix.com (NASDAQ: WIX)  is a cloud-based web development platform allows users to create mobile responsive websites using a simple drag and drop toolkit as well as web hosting and design services.

Wix.com (WIX) Stock Price prediction: Is It a Buy?

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

Wall Street Bulls Look Optimistic About Wix.com (WIX): Should You Buy?

NEW YORK , May 28, 2024 /PRNewswire/ --  Wix.com Ltd. (Nasdaq: WIX), today announced that it has completed $225 million in share repurchases, which were part of the authorization by its Board of Directors approved in August 2023.

Wix Announces Completion of $225 Million Share Repurchase Program

WIX benefits from increasing adoption of its product portfolio especially various AI products and WIX Studio.

WIX Stock Surges 123% in a Year: Will the Rally Continue?

WIX's first-quarter performance benefits from solid momentum in the Creative Subscriptions and Business Solutions segments.

WIX Q1 Earnings & Revenues Beat Estimates, Increase Y/Y

Wix stock surged after the company reported Q1 earnings and revenue that topped estimates. The company raised its full-year revenue outlook.

Wix Stock Surges On Earnings Beat, Raised Outlook And New Buyback

New AI products from Wix are driving adoption from users who are consequently spending more than expected. Higher spending plus operational discipline means that the company's cash flow is far improved from last year.

Why Wix.com Stock Soared to a 52-Week High Today

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.

News for Wix.com Stock (WIX)