Wix.Com (WIX) financial statements
Wix.Com reported revenue of $2.0B in fiscal 2025, up 23.9% a year over 9 years.
Net income was $51M and the operating margin 0.1%, against -15.2% in 2016.
Free cash flow was $582M, and the company returned $575M in net buybacks.
The diluted share count rose 587% over the period (dilution).
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from Wix.Com's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $290M | $426M | $604M | $758M | $984M | $1.3B | $1.4B | $1.6B | $1.8B | $2.0B |
| Cost of revenue | $45M | $69M | $127M | $195M | $313M | $489M | $526M | $513M | $565M | $636M |
| Gross profit | $245M | $356M | $477M | $563M | $671M | $781M | $861M | $1.0B | $1.2B | $1.4B |
| Research and development | $105M | $154M | $199M | $251M | $320M | $425M | $483M | $481M | $495M | $646M |
| Selling, general and admin | $183M | $253M | $308M | $394M | $550M | $682M | $664M | $560M | $601M | $709M |
| Operating income | -$44M | -$50M | -$31M | -$82M | -$199M | -$326M | -$285M | -$24M | $100M | $2M |
| Pre-tax income | -$44M | -$55M | -$34M | -$85M | -$152M | -$53M | -$468M | $38M | $152M | $1M |
| Income tax | $3M | $1M | $3M | $3M | $15M | $64M | -$43M | $5M | $14M | -$51M |
| Net income | -$47M | -$56M | -$37M | -$88M | -$167M | -$117M | -$425M | $33M | $138M | $51M |
| EPS (diluted) | -$1.12 | -$1.24 | -$0.77 | -$1.74 | -$3,070.00 | -$2.06 | -$7.33 | $0.57 | $2.36 | $0.88 |
| Diluted shares | 8M | 8M | 8M | 7M | 54M | 57M | 58M | 58M | 60M | 58M |
| Gross margin | 84.4% | 83.7% | 79.0% | 74.3% | 68.2% | 61.5% | 62.1% | 67.2% | 67.9% | 68.1% |
| Operating margin | -15.2% | -11.7% | -5.1% | -10.8% | -20.2% | -25.6% | -20.6% | -1.6% | 5.7% | 0.1% |
| Net margin | -16.2% | -13.2% | -6.1% | -11.6% | -17.0% | -9.2% | -30.6% | 2.1% | 7.9% | 2.5% |
Balance sheet
Fiscal years, from Wix.Com's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $149M | $201M | $681M | $432M | $459M | $908M | $537M | $750M | $1000M | $795M |
| Receivables | $8M | $11M | $14M | $17M | $24M | $30M | $42M | $57M | $45M | $42M |
| Total current assets | $198M | $265M | $730M | $764M | $1.1B | $1.4B | $1.1B | $1.1B | $1.3B | $1.3B |
| Property, plant and equipment | $9M | $16M | $22M | $32M | $36M | $50M | $109M | $137M | $128M | $114M |
| Goodwill | $2M | $18M | $18M | $18M | $24M | $49M | $49M | $49M | $49M | $135M |
| Total assets | $215M | $330M | $845M | $1.1B | $1.9B | $2.1B | $1.8B | $1.8B | $1.9B | $2.6B |
| Total current liabilities | $207M | $302M | $340M | $444M | $631M | $774M | $1.2B | $789M | $1.5B | $1.1B |
| Total liabilities | $217M | $319M | $692M | $892M | $1.6B | $1.9B | $2.0B | $1.9B | $2.0B | $3.0B |
| Shareholders' equity | -$2M | $11M | $141M | $195M | $287M | $146M | -$263M | -$54M | -$79M | -$366M |
| Net debt | -$93M | -$85M | -$331M | -$268M | -$169M | -$451M | -$245M | -$610M | -$661M | -$311M |
Cash flow
Fiscal years, from Wix.Com's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $41M | $83M | $116M | $150M | $148M | $66M | $37M | $248M | $497M | $583M |
| Capital spending | $4M | $12M | $14M | $22M | $19M | $2M | $2M | $3M | $2M | $1M |
| Free cash flow | $36M | $71M | $102M | $127M | $129M | $64M | $35M | $245M | $496M | $582M |
| Stock-based compensation | $28M | $48M | $72M | $109M | $147M | $221M | $237M | $225M | $241M | $237M |
| Share buybacks (net) | — | — | — | $0 | $0 | -$200M | -$232M | -$127M | -$466M | -$575M |
| Free cash flow margin | 12.5% | 16.6% | 16.8% | 16.8% | 13.1% | 5.0% | 2.5% | 15.7% | 28.2% | 29.2% |
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Open WIX in InvestinglyQuestions
What was Wix.Com's revenue in 2025?
$2.0B in fiscal 2025, from its 10-K filing.
How much free cash flow does Wix.Com generate?
$582M in fiscal 2025 (operating cash flow minus capital spending).
From Wix.Com's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.