TL;DR: Financial Overview - Revenue, Profits & Key Metrics

Latest Quarterly: Mar 2025

Income Metrics

Revenue 473.7M
Gross Profit 321.9M 67.95%
Operating Income 37.4M 7.90%
Net Income 33.8M 7.13%
EPS (Diluted) $0.57

Balance Sheet Metrics

Total Assets 1.8B
Total Liabilities 2.0B
Shareholders Equity -168.6M

Cash Flow Metrics

Operating Cash Flow 130.8M
Free Cash Flow 142.4M

Revenue & Profitability Trend

Wix.com Income Statement From 2020 to 2024

Metric20242023202220212020
Revenue i1.8B1.6B1.4B1.3B984.4M
Cost of Goods Sold i564.6M512.5M526.2M488.6M313.0M
Gross Profit i1.2B1.0B861.4M781.1M671.3M
Gross Margin % i67.9%67.2%62.1%61.5%68.2%
Operating Expenses
Research & Development i495.3M481.3M482.9M424.9M320.3M
Selling, General & Administrative i600.6M559.6M663.9M681.7M550.1M
Other Operating Expenses i-----
Total Operating Expenses i1.1B1.0B1.1B1.1B870.4M
Operating Income i100.1M8.2M-285.4M-325.5M-199.1M
Operating Margin % i5.7%0.5%-20.6%-25.6%-20.2%
Non-Operating Items
Interest Income i42.0M45.2M19.4M10.5M16.4M
Interest Expense i3.2M4.2M5.2M5.3M30.0M
Other Non-Operating Income13.7M-10.8M-196.0M268.1M61.3M
Pre-tax Income i151.9M37.8M-467.8M-53.0M-151.9M
Income Tax i13.6M4.7M-43.0M64.2M15.0M
Effective Tax Rate % i9.0%12.4%0.0%0.0%0.0%
Net Income i138.3M33.1M-424.9M-117.2M-166.9M
Net Margin % i7.9%2.1%-30.6%-9.2%-17.0%
Key Metrics
EBITDA i172.5M79.0M-242.8M-296.4M-165.9M
EPS (Basic) i$2.49$0.58$-7.33$-2.06$-3.98
EPS (Diluted) i$2.36$0.57$-7.33$-2.06$-3.98
Basic Shares Outstanding i5557936856829962579933645700415454425056
Diluted Shares Outstanding i5557936856829962579933645700415454425056

Income Statement Trend

Wix.com Balance Sheet From 2020 to 2024

Metric20242023202220212020
Assets
Current Assets
Cash & Equivalents i660.9M609.6M244.7M451.4M168.9M
Short-term Investments i445.4M353.3M818.8M868.2M867.1M
Accounts Receivable i44.7M57.4M42.1M30.4M23.7M
Inventory i-----
Other Current Assets22.3M23.3M15.0M12.7M19.6M
Total Current Assets i1.3B1.1B1.1B1.4B1.1B
Non-Current Assets
Property, Plant & Equipment i399.9M420.6M200.6M101.1M88.4M
Goodwill i120.8M126.7M132.6M138.8M67.8M
Intangible Assets i22.1M28.0M34.0M40.2M19.3M
Long-term Investments-----
Other Non-Current Assets27.0M34.3M23.0M41.6M87.7M
Total Non-Current Assets i632.6M733.9M610.6M670.0M792.3M
Total Assets i1.9B1.8B1.8B2.1B1.9B
Liabilities
Current Liabilities
Accounts Payable i47.1M38.3M96.1M114.6M79.9M
Short-term Debt i600.8M25.0M390.9M29.2M22.3M
Current Portion of Long-term Debt-----
Other Current Liabilities31.4M39.8M57.7M29.6M28.0M
Total Current Liabilities i1.5B789.0M1.2B774.3M631.5M
Non-Current Liabilities
Long-term Debt i369.2M971.3M739.5M1.0B908.6M
Deferred Tax Liabilities i2.0M7.2M14.9M72.8M15.3M
Other Non-Current Liabilities16.0M7.7M6.1M2.3M-
Total Non-Current Liabilities i476.4M1.1B831.1M1.1B974.8M
Total Liabilities i2.0B1.9B2.0B1.9B1.6B
Equity
Common Stock i107.0K110.0K108.0K111.0K107.0K
Retained Earnings i-901.5M-1.0B-1.1B-648.1M-584.5M
Treasury Stock i1.0B558.9M431.9M200.0M0
Other Equity-----
Total Shareholders Equity i-78.8M-54.5M-263.2M145.7M287.2M
Key Metrics
Total Debt i969.9M996.3M1.1B1.0B931.0M
Working Capital i-235.0M281.2M-42.7M615.5M469.7M

Balance Sheet Composition

Wix.com Cash Flow Statement From 2020 to 2024

Metric20242023202220212020
Operating Activities
Net Income i138.3M33.1M-424.9M-117.2M-166.9M
Depreciation & Amortization i31.1M26.4M22.9M18.9M17.2M
Stock-Based Compensation i240.7M224.6M236.8M221.4M147.3M
Working Capital Changes i90.3M4.3M25.5M104.5M155.2M
Operating Cash Flow i498.4M283.9M-192.3M287.3M194.9M
Investing Activities
Capital Expenditures i-17.8M-63.0M-68.6M-35.8M-18.4M
Acquisitions i-00-42.7M-6.6M
Investment Purchases i-440.7M-312.3M-969.9M-605.7M-1.3B
Investment Sales i424.0M945.1M986.5M1.1B572.7M
Investing Cash Flow i-33.9M569.7M-52.5M378.8M-799.8M
Financing Activities
Share Repurchases i-466.3M-127.0M-231.9M-200.0M0
Dividends Paid i-----
Debt Issuance i--00575.0M
Debt Repayment i0-362.7M00-
Financing Cash Flow i-466.3M-489.7M-231.9M-200.0M513.3M
Free Cash Flow i478.1M182.2M-33.5M28.0M129.2M
Net Change in Cash i-1.8M364.0M-476.7M466.1M-91.6M

Cash Flow Trend

Wix.com Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 44.90
Forward P/E 18.17
Price to Book -60.30
Price to Sales 3.77
PEG Ratio 1.00

Profitability Ratios

Profit Margin 8.90%
Operating Margin 9.08%
Return on Equity -175.57%
Return on Assets 5.01%

Financial Health

Current Ratio 0.81
Debt to Equity -8.50
Beta 1.27

Per Share Data

EPS (TTM) $2.82
Book Value per Share $-2.11
Revenue per Share $33.60

Peer Financial Comparison

CompanyMarket CapP/E RatioP/B RatioROEProfit MarginDebt/Equity
wix7.0B44.90-60.30-175.57%8.90%-8.50
Microsoft 3.8T39.6711.8633.61%35.79%32.63
Oracle 659.0B54.0632.2082.38%21.68%519.59
Amdocs 9.5B17.532.7215.73%11.94%23.65
Klaviyo 9.6B-179.008.75-6.42%-6.19%9.04
Shift4 Payments 8.0B33.829.8418.28%6.11%186.68

Financial data is updated regularly. All figures are in the company's reporting currency.