Wix.com Ltd

Wix.com delivered a strong first half of 2025, with total revenues climbing 12.6% year-over-year to $963.58 million as the web platform company continued converting its expanding user base into higher-value subscribers and business tool adopters. Business Solutions revenue led the charge, rising 17.3% to $280.45 million, fueled by Wix Payments adoption among new merchants that pushed transaction revenue up 18.4% to $122.40 million, while Partners revenue grew 23.7% to $354.90 million. GAAP net income reached $91.47 million, up 44% from $63.52 million a year earlier, though the figure was meaningfully supported by a $53.71 million discrete tax benefit from the release of a deferred tax asset valuation allowance; non-GAAP net income offered a cleaner read, rising 30% to $230.12 million. Free cash flow expanded to $290.11 million from $218.54 million. Looking ahead, Wix completed a $1.15 billion convertible notes offering and secured a fresh $200 million share repurchase authorization, signaling confidence in its capital position as it integrates two AI-focused acquisitions and scales newer products including Wix Capital and Wix Checking.