WIXNasdaqServices-Computer Programming, Data Processing, Etc.US GAAP · USD

Wix.com Ltd.

Wix.com Ltd. builds cloud-based tools that let individuals, small businesses, and larger organizations create, manage, and grow websites and online applications without coding. The company’s platform combines website creation, hosting, commerce, payments, marketing, and application-building capabilities, with operations and product development centered in the United States and Israel.

Revenue1,993m USD
+13.2 %y/y
Operating profit (EBIT)1.8m USD
−98.3 %y/y
EBIT margin0.1%
−5.6 ppy/y
Net income50.6m USD
−63.4 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

-50005001,0001,5002,000m USD2020: 989 m USD2020: EBIT -197 m USD20202021: 1,270 m USD2021: EBIT -326 m USD20212022: 1,388 m USD2022: EBIT -285 m USD20222023: 1,562 m USD2023: EBIT -24 m USD20232024: 1,761 m USD2024: EBIT 100 m USD20242025: 1,993 m USD2025: EBIT 1.8 m USD20251,9931.8
RevenueOperating profit (EBIT)

Business

Share of revenue
Creative Subscriptions55 %

Subscription plans and tools used to build and manage websites and online presence.

Business Solutions35 %

Monetization and commerce services including payments, POS, shipping, and related tools.

Partner and agency solutions7 %

Tools and revenue generated through agencies, freelancers, and reseller partnerships.

Base44 no-code platform3 %

No-code application development platform acquired to extend the product suite.

Products

Reported · share of revenue
70.7%29.3%FY2025100 %
  • Creative Subscription70.7 %
  • Business Solutions29.3 %

Source: 20-F FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

Wix serves individuals, freelancers, small businesses, and larger organizations that need an easy way to build and operate an online presence. It also sells to agencies, freelancers, and B2B channel partners that build sites or applications for end customers. Commerce-oriented users buy business tools such as payments and shipping because they want a single platform to launch, manage, and monetize digital activity.

Individual creators and self-starters

They buy website-building and hosting tools to create a web presence quickly without technical expertise.

Small and midsize businesses

They use subscriptions and business tools to market, sell, and manage online operations.

Commerce merchants

They buy payments, POS, shipping, and gift card tools to run online and omnichannel sales.

Agencies and freelancers

They use Wix Studio and partner tools to build and manage client websites and applications.

B2B reseller partners

They distribute Wix through bundled offerings with their own services to expand reach.

Strategy

Wix is focused on broadening its platform from website creation into a larger end-to-end digital business stack that spans applications, commerce, and AI-assisted creation. The company also emphasizes partner distribution and no-code tools, which can expand use cases beyond simple websites and deepen engagement across different customer types.

Broaden the product suite beyond website creationMedium term

A wider platform increases customer retention and monetization per user.

Expand AI-assisted creation and workflow toolsMedium term

AI can lower friction for users and strengthen Wix’s product differentiation.

Grow transaction and commerce revenueMedium term

Payments and commerce tools provide deeper monetization than subscriptions alone.

Scale partner-led distributionLong term

Agencies, freelancers, and resellers extend reach without relying only on direct user acquisition.

Geography

2025

Wix sells its platform globally and states that it is trusted by users worldwide, so demand is broadly distributed rather than tied to one country. The company’s operating footprint is anchored in the United States and Israel, which are important for sales, product development, and workforce concentration. Because the product is delivered digitally, geography matters mainly through user acquisition, FX exposure, and the location of engineering and support resources.

United States68 %
Europe31 %
Israel1.1 %

Share of the revenue the company reports by geography.

Risks

Wix depends on continued user acquisition and conversion across a highly competitive digital creation market, where pricing, product features, and AI capabilities can quickly shift demand. The company also faces execution risk in expanding commerce, partner, and AI products, while operating with meaningful exposure to cybersecurity, privacy, intellectual property, and foreign exchange movements.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Competitive pressure in website creation and no-code tools1AI technology and product execution risk2Cybersecurity, privacy, and IP risk3Foreign exchange exposure4Payments and commerce operating risk5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Competitive pressure in website creation and no-code toolsImpact: HighLikelihood: High

    Users can switch among low-code, no-code, and AI-assisted alternatives quickly.

    Exposure: Core Wix subscriptions and new user acquisition

  2. AI technology and product execution riskImpact: HighLikelihood: Medium

    Wix is embedding AI across creation and workflows, which can be costly and uncertain to scale.

    ExposureAI featuresBase44Automation
  3. Cybersecurity, privacy, and IP riskImpact: HighLikelihood: Medium

    A platform hosting customer websites and commerce data must protect sensitive information and content.

    Exposure: Platform trust and customer retention

  4. Foreign exchange exposureImpact: MediumLikelihood: High

    A strengthening Israeli shekel affects operating expenses and margins because of the company’s cost base.

    Exposure: R&D and overhead costs

  5. Payments and commerce operating riskImpact: MediumLikelihood: Medium

    Business Solutions includes transaction facilitation, which brings fraud, chargeback, and compliance risk.

    ExposureWix PaymentsPOSShipping

Accounting

Judgemental items
Revenue recognition for subscriptions and transactions

Different products are recognized on different timing bases, affecting comparability across segments.

Impact: GAAP revenue lags cash receipts for subscriptions and can be point-in-time for transaction services

Bookings and cohort metrics

These non-GAAP measures are used to assess demand and user quality beyond reported revenue.

Impact: Useful for trends, but not directly comparable to GAAP revenue

Foreign exchange effects

Operating expenses are affected by shekel-dollar movements and related hedging activity.

Impact: Can shift reported cost growth and margins

Acquisition-related and share-based compensation adjustments

Non-GAAP results exclude these items, which can materially change profitability presentation.

Impact: Affects operating margin and net income comparisons

Publicly listed companies with a comparable business focus.

Last updated: 28/09/2026

Wix.com Ltd. (Nasdaq) – Services-Computer Programming, Data Proc | Financial Analysis – Clarifo