Wix (WIX) Q1 2026 Earnings
Reported May 13, 2026 at 7:07 AM ET · SEC Source
Q1 26 EPS
$0.68
MISS 44.18%
Est. $1.22
Q1 26 Revenue
$541.2M
MISS 0.53%
Est. $544.0M
vs S&P Since Q1 26
-32.6%
TRAILING MARKET
WIX -33.0% vs S&P -0.5%
Market Reaction
Did WIX Beat Earnings? Q1 2026 Results
Wix.com delivered a mixed first quarter for fiscal 2026, posting results that disappointed on both the top and bottom lines as acquisition-related costs weighed heavily on profitability. The Israel-based web development platform reported non-GAAP ear… Read more Wix.com delivered a mixed first quarter for fiscal 2026, posting results that disappointed on both the top and bottom lines as acquisition-related costs weighed heavily on profitability. The Israel-based web development platform reported non-GAAP earnings of $0.68 per diluted share, missing the $1.22 consensus estimate by 44.18%, while revenue of $541.17 million came in 0.53% below expectations despite growing 14.3% year-over-year. The primary culprit was a $37.91 million charge tied to the Base44 acquisition, compounded by selling and marketing expenses that surged 79% year-over-year to $199.59 million, swinging the company to a GAAP net loss of $57.47 million from net income of $33.77 million a year ago. Shares slipped in premarket trading following the release, reflecting investor unease over the magnitude of the earnings shortfall. Still, management reaffirmed its full-year 2026 outlook for mid-teens growth in both bookings and revenue, pointing to Base44's rapid scaling to approximately $150 million in ARR and new user cohort bookings growth of roughly 46% as evidence that its growth investments are taking hold.
Key Takeaways
- • New user cohort bookings increased ~46% year-over-year
- • Base44 achieved ~$150 million of ARR as of May
- • Total ARR reached $1.903 billion, up 15% year-over-year
- • Business Solutions bookings grew 18% year-over-year
- • Transaction revenue grew 19% year-over-year
- • Partners revenue grew 19% year-over-year
WIX Forward Guidance & Outlook
Wix maintained its full-year 2026 outlook, expecting both bookings and revenue to grow at mid-teens percentage year-over-year. Q2 2026 revenue is also expected to grow at mid-teens percentage year-over-year. The outlook accounts for a slower-than-expected start in the Partners business and productivity headwinds due to the Middle East war, which delayed certain product rollouts for professional audiences. These headwinds are expected to be largely offset by broader growth initiatives across core Wix, with focus on top-of-funnel optimization and existing user base performance, plus continued Base44 outperformance. Full-year 2026 FCF margin excluding acquisition costs is expected in the high-teens, reflecting foregone interest income from cash liquidated for the tender program, interest expense on the $500 million credit facility, and approximately $64 million of operating expense headwind from Israeli shekel strengthening. Excluding the impact of the repurchase program and acquisition costs, full-year FCF margin would be in the low- to mid-20% range.
WIX YoY Financials
Q1 2026 vs Q1 2025, source: SEC Filings
WIX Revenue by Segment
With YoY comparisons, source: SEC Filings
WIX Revenue by Geography
Regional revenue distribution
“As innovation in the web and app building space has accelerated over the past few quarters, my conviction in its long-term value and Wix's market positioning remains strong. We recently built our own proprietary LLM that is now powering Wix Harmony. By allowing us to continuously fine-tune our platform using our own data and user feedback at scale, this model creates a flywheel that we believe is unmatched and creates a significant competitive advantage. Importantly, our model empowers us with more control of AI inference costs as we scale the Harmony platform with little to no reliance on third party LLMs. We expect this to be the first of many custom Wix-built AI models, which is becoming increasingly central to our product roadmap and long-term profitability strategy.”
— Avishai Abrahami, Q1 2026 Earnings Press Release
WIX Earnings Trends
WIX vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
WIX EPS Trend
Earnings per share: estimate vs actual
WIX Revenue Trend
Quarterly revenue: estimate vs actual
WIX Quarterly Results
4 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 MISS | $1.22 | $0.68 | -44.18% | $541.2M | -0.53% |
| Q4 25 BEAT FY | $1.47 | $1.81 | +22.95% | $524.3M | -0.65% |
| FY Full Year | $6.73 | $7.32 | +8.76% | $1.99B | -0.17% |
| Q3 25 BEAT | $1.49 | $1.68 | +12.64% | $505.2M | +0.53% |
| Q2 25 BEAT | $1.76 | $2.28 | +29.69% | $489.9M | +0.53% |