Wix.com Ltd
Q4 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: −3.82%.
Did WIX Beat Earnings? Q4 2025 Results
Wix closed out Q4 2025 with a sharply mixed but ultimately compelling report, delivering a significant earnings beat even as revenue came in fractionally light. Non-GAAP EPS of $1.81 topped the $1.47 consensus by 23.13%, driven by disciplined cost management beneath the headline, while revenue of $524.27 million grew 13.9% year-over-year but fell just 0.64% short of the $527.66 million estimate. The standout story behind the numbers was Base44, the no-code application platform Wix acquired in 2025, which reached $100 million in annualized recurring revenue within a year of founding and helped push total Q4 bookings to $534.52 million, up 15%. Early performance from Wix Harmony, the company's AI-powered creation platform, also exceeded internal expectations, with improved conversion and monetization metrics. Despite a GAAP net loss of $40.23 million tied largely to acquisition costs, management struck a confident forward tone, guiding for mid-teens revenue and bookings growth in 2026, though shares slipped roughly 6% as investors weighed dilution from a concurrent $250 million private placement.
- New cohort momentum and Base44 outperformance driving Q4 bookings growth
- Creative Subscriptions bookings up 16% y/y in Q4
- Business Solutions revenue grew 18% y/y driven by transaction revenue growth
- Partners revenue grew 21% y/y to $203.2 million in Q4
- Total ARR reached $1.836 billion, up 14% y/y
“2026 marks a defining new chapter for Wix as we enter an era of the internet that is evolving exponentially faster through AI advancements, with Wix Harmony and Base44 leading our roadmap. Early Wix Harmony performance is better-than-expected, with improved conversion and monetization. In tandem, Base44 recently reached $100 million in ARR, just one year after its founding and 9 months after our acquisition. Together, Wix Harmony and Base44 open up the world of what's possible on Wix, with Base44 significantly expanding our TAM to include software applications. Importantly, these new flagship products align with our long‑standing vision of making complex technology accessible to everyone.”
Wix CEO, on the earnings call
Forward Guidance & Outlook
For full year 2026, Wix expects both bookings and revenue to grow at a mid-teens percentage year-over-year. Q1 2026 revenue is also expected to grow at a mid-teens percentage. Full year 2026 FCF margin (excluding acquisition costs and share repurchase impact) is expected in the low- to mid-20% range, with the wider range reflecting Base44's dynamic hyper-growth trajectory. The core Wix business is expected to deliver flat to expanding FCF margins in 2026. The company plans to complete the majority of its $2 billion share repurchase program before the end of 2026. Early Wix Harmony performance is better-than-expected with improved conversion and monetization driving new core Wix cohort bookings growth acceleration in early 2026.
WIX YoY Financials
WIX Revenue by Segment
WIX Revenue by Geography
Figures from SEC filings and company reports. Not investment advice.