
Wix.com (WIX) | Financial Analysis & Statements
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Mar 2025Income 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
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Revenue | 1.8B | 1.6B | 1.4B | 1.3B | 984.4M |
Cost of Goods Sold | 564.6M | 512.5M | 526.2M | 488.6M | 313.0M |
Gross Profit | 1.2B | 1.0B | 861.4M | 781.1M | 671.3M |
Gross Margin % | 67.9% | 67.2% | 62.1% | 61.5% | 68.2% |
Operating Expenses | |||||
Research & Development | 495.3M | 481.3M | 482.9M | 424.9M | 320.3M |
Selling, General & Administrative | 600.6M | 559.6M | 663.9M | 681.7M | 550.1M |
Other Operating Expenses | - | - | - | - | - |
Total Operating Expenses | 1.1B | 1.0B | 1.1B | 1.1B | 870.4M |
Operating Income | 100.1M | 8.2M | -285.4M | -325.5M | -199.1M |
Operating Margin % | 5.7% | 0.5% | -20.6% | -25.6% | -20.2% |
Non-Operating Items | |||||
Interest Income | 42.0M | 45.2M | 19.4M | 10.5M | 16.4M |
Interest Expense | 3.2M | 4.2M | 5.2M | 5.3M | 30.0M |
Other Non-Operating Income | 13.7M | -10.8M | -196.0M | 268.1M | 61.3M |
Pre-tax Income | 151.9M | 37.8M | -467.8M | -53.0M | -151.9M |
Income Tax | 13.6M | 4.7M | -43.0M | 64.2M | 15.0M |
Effective Tax Rate % | 9.0% | 12.4% | 0.0% | 0.0% | 0.0% |
Net Income | 138.3M | 33.1M | -424.9M | -117.2M | -166.9M |
Net Margin % | 7.9% | 2.1% | -30.6% | -9.2% | -17.0% |
Key Metrics | |||||
EBITDA | 172.5M | 79.0M | -242.8M | -296.4M | -165.9M |
EPS (Basic) | $2.49 | $0.58 | $-7.33 | $-2.06 | $-3.98 |
EPS (Diluted) | $2.36 | $0.57 | $-7.33 | $-2.06 | $-3.98 |
Basic Shares Outstanding | 55579368 | 56829962 | 57993364 | 57004154 | 54425056 |
Diluted Shares Outstanding | 55579368 | 56829962 | 57993364 | 57004154 | 54425056 |
Income Statement Trend
Wix.com Balance Sheet From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Assets | |||||
Current Assets | |||||
Cash & Equivalents | 660.9M | 609.6M | 244.7M | 451.4M | 168.9M |
Short-term Investments | 445.4M | 353.3M | 818.8M | 868.2M | 867.1M |
Accounts Receivable | 44.7M | 57.4M | 42.1M | 30.4M | 23.7M |
Inventory | - | - | - | - | - |
Other Current Assets | 22.3M | 23.3M | 15.0M | 12.7M | 19.6M |
Total Current Assets | 1.3B | 1.1B | 1.1B | 1.4B | 1.1B |
Non-Current Assets | |||||
Property, Plant & Equipment | 399.9M | 420.6M | 200.6M | 101.1M | 88.4M |
Goodwill | 120.8M | 126.7M | 132.6M | 138.8M | 67.8M |
Intangible Assets | 22.1M | 28.0M | 34.0M | 40.2M | 19.3M |
Long-term Investments | - | - | - | - | - |
Other Non-Current Assets | 27.0M | 34.3M | 23.0M | 41.6M | 87.7M |
Total Non-Current Assets | 632.6M | 733.9M | 610.6M | 670.0M | 792.3M |
Total Assets | 1.9B | 1.8B | 1.8B | 2.1B | 1.9B |
Liabilities | |||||
Current Liabilities | |||||
Accounts Payable | 47.1M | 38.3M | 96.1M | 114.6M | 79.9M |
Short-term Debt | 600.8M | 25.0M | 390.9M | 29.2M | 22.3M |
Current Portion of Long-term Debt | - | - | - | - | - |
Other Current Liabilities | 31.4M | 39.8M | 57.7M | 29.6M | 28.0M |
Total Current Liabilities | 1.5B | 789.0M | 1.2B | 774.3M | 631.5M |
Non-Current Liabilities | |||||
Long-term Debt | 369.2M | 971.3M | 739.5M | 1.0B | 908.6M |
Deferred Tax Liabilities | 2.0M | 7.2M | 14.9M | 72.8M | 15.3M |
Other Non-Current Liabilities | 16.0M | 7.7M | 6.1M | 2.3M | - |
Total Non-Current Liabilities | 476.4M | 1.1B | 831.1M | 1.1B | 974.8M |
Total Liabilities | 2.0B | 1.9B | 2.0B | 1.9B | 1.6B |
Equity | |||||
Common Stock | 107.0K | 110.0K | 108.0K | 111.0K | 107.0K |
Retained Earnings | -901.5M | -1.0B | -1.1B | -648.1M | -584.5M |
Treasury Stock | 1.0B | 558.9M | 431.9M | 200.0M | 0 |
Other Equity | - | - | - | - | - |
Total Shareholders Equity | -78.8M | -54.5M | -263.2M | 145.7M | 287.2M |
Key Metrics | |||||
Total Debt | 969.9M | 996.3M | 1.1B | 1.0B | 931.0M |
Working Capital | -235.0M | 281.2M | -42.7M | 615.5M | 469.7M |
Balance Sheet Composition
Wix.com Cash Flow Statement From 2020 to 2024
Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|---|
Operating Activities | |||||
Net Income | 138.3M | 33.1M | -424.9M | -117.2M | -166.9M |
Depreciation & Amortization | 31.1M | 26.4M | 22.9M | 18.9M | 17.2M |
Stock-Based Compensation | 240.7M | 224.6M | 236.8M | 221.4M | 147.3M |
Working Capital Changes | 90.3M | 4.3M | 25.5M | 104.5M | 155.2M |
Operating Cash Flow | 498.4M | 283.9M | -192.3M | 287.3M | 194.9M |
Investing Activities | |||||
Capital Expenditures | -17.8M | -63.0M | -68.6M | -35.8M | -18.4M |
Acquisitions | - | 0 | 0 | -42.7M | -6.6M |
Investment Purchases | -440.7M | -312.3M | -969.9M | -605.7M | -1.3B |
Investment Sales | 424.0M | 945.1M | 986.5M | 1.1B | 572.7M |
Investing Cash Flow | -33.9M | 569.7M | -52.5M | 378.8M | -799.8M |
Financing Activities | |||||
Share Repurchases | -466.3M | -127.0M | -231.9M | -200.0M | 0 |
Dividends Paid | - | - | - | - | - |
Debt Issuance | - | - | 0 | 0 | 575.0M |
Debt Repayment | 0 | -362.7M | 0 | 0 | - |
Financing Cash Flow | -466.3M | -489.7M | -231.9M | -200.0M | 513.3M |
Free Cash Flow | 478.1M | 182.2M | -33.5M | 28.0M | 129.2M |
Net Change in Cash | -1.8M | 364.0M | -476.7M | 466.1M | -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
Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
---|---|---|---|---|---|---|
wix | 7.0B | 44.90 | -60.30 | -175.57% | 8.90% | -8.50 |
Microsoft | 3.8T | 39.67 | 11.86 | 33.61% | 35.79% | 32.63 |
Oracle | 659.0B | 54.06 | 32.20 | 82.38% | 21.68% | 519.59 |
Amdocs | 9.5B | 17.53 | 2.72 | 15.73% | 11.94% | 23.65 |
Klaviyo | 9.6B | -179.00 | 8.75 | -6.42% | -6.19% | 9.04 |
Shift4 Payments | 8.0B | 33.82 | 9.84 | 18.28% | 6.11% | 186.68 |
Financial data is updated regularly. All figures are in the company's reporting currency.