Wix.com Ltd. | Mid-cap | Technology

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 1.8B
Gross Profit 1.2B 67.93%
Operating Income 100.1M 5.69%
Net Income 138.3M 7.86%
EPS (Diluted) $2.36

Balance Sheet Metrics

Total Assets 1.9B
Total Liabilities 2.0B
Shareholders Equity -78.8M

Cash Flow Metrics

Operating Cash Flow 498.4M
Free Cash Flow 478.1M

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
Operating Expenses 1.1B 1.0B 1.1B 1.1B 870.4M
Operating Income 100.1M 8.2M -285.4M -325.5M -199.1M
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
Net Income 138.3M 33.1M -424.9M -117.2M -166.9M
EPS (Diluted) $2.36 $0.57 -$7.33 -$2.06 -$3.98

Income Statement Trend

Wix.com Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 1.3B 1.1B 1.1B 1.4B 1.1B
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 1.5B 789.0M 1.2B 774.3M 631.5M
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
Total Shareholders Equity -78.8M -54.5M -263.2M 145.7M 287.2M

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
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
Investing Cash Flow -33.9M 569.7M -52.5M 378.8M -799.8M
Financing Activities
Dividends Paid - - - - -
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

Cash Flow Trend

Wix.com Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 59.17
Forward P/E 21.39
Price to Book -51.57
Price to Sales 4.57
PEG Ratio 21.39

Profitability Ratios

Profit Margin 8.16%
Operating Margin 7.90%
Return on Equity -175.57%
Return on Assets 4.57%

Financial Health

Current Ratio 0.79
Debt to Equity -5.71
Beta 1.31

Per Share Data

EPS (TTM) $2.52
Book Value per Share -$3.03
Revenue per Share $32.71

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
wix 8.3B 59.17 -51.57 -175.57% 8.16% -5.71
Microsoft 3.6T 36.91 11.04 33.61% 35.79% 32.63
Oracle 603.5B 49.48 28.79 82.38% 21.68% 496.47
Shift4 Payments 7.9B 30.38 7.58 29.87% 6.50% 283.66
Dropbox 7.7B 18.48 -7.58 -60.11% 18.50% -2.80
Confluent 8.1B - 7.84 -34.18% -31.42% 108.15

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