Wix.com Ltd.

Wix.com Ltd. (the “Company,” “we” or “our”) is issuing this Report on Form 6-K on June 8, 2026 to announce the Company’s organizational realignment to streamline operations and reallocate resources to support the Company’s top strategic priorities. This includes the scaling down and/or discontinuation of certain activities, initiatives, products, and subsidiaries. The organizational realignment also includes a reduction in the Company’s workforce by approximately 20% or 1,000 employees, which was communicated on May 28, 2026.

The Company now expects FY 2026 free cash flow excluding acquisition and restructuring costs to be approximately $420 million, an approximately $20 million increase to our prior plan as we focus on profitable growth.

While Wix Harmony and Base44 continue to perform as we expected when we issued guidance as part of the first quarter 2026 earnings release, the Company expects an approximately $50 million reduction in bookings and an approximately $25 million reduction in revenue in FY 2026 as a result of our organizational realignment as well as a more pronounced slowdown, beyond our previous expectations, in the growth of our Partners business during the second half of May and early June.

This lower top-line performance is expected to be more than offset by approximately $70 million of total non-GAAP cost of revenue and operating expense savings this year associated with the organizational realignment, incremental to the Company’s previous guidance provided as part of the first quarter 2026 earnings release. The full year run rate of savings from this organizational realignment is expected to be approximately $150 million, driven by meaningfully lower payroll and overhead expenses in our go-forward cost structure.

The Company estimates it will incur approximately $30-35 million of pre-tax restructuring charges due to the organizational realignment, a substantial majority of which will be cash expenditures for the payment of severance and related benefit costs. The Company expects that the majority of these charges will be incurred in the second quarter of 2026 with cash paid in the second half of 2026.