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Wix.com Ltd.

For the period ended Jun 30, 2026. Filed Aug 4, 2026.

View on SEC.gov

About this filing

What a company based outside the US has published at home or sent to its shareholders. It is how many foreign companies share results and news between annual reports.

Jun 30, 2026 · Filed Aug 4, 2026

Use the contents to explore the available documents and sections.

WIX$76.09-0.8%Stored close · as of Nov 6, 2026
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EX-99.1 · Forward-Looking Statements

Forward-Looking Statements

This document contains forward-looking statements, within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. Such forward-looking statements may include projections regarding our future performance, including, but not limited to revenue, bookings and free cash flow, and may be identified by words like “anticipate,” “assume,” “believe,” “aim,” “forecast,” “indication,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “subject,” “project,” “outlook,” “future,” “will,” “seek” and similar terms or phrases. The forward-looking statements contained in this document, including the quarterly and annual guidance, are based on management’s current expectations, which are subject to uncertainty, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Important factors that could cause our actual results to differ materially from those indicated in the forward-looking statements include, among others, our expectation that we will be able to attract and retain registered users and partners to our various offerings, and generate new paid subscriptions, in particular as we continuously adjust our marketing strategy and as the macro-economic environment continues to be turbulent; our expectation that we will be able to increase the average revenue we derive per paid subscription, including through our partners; our expectation that new products and developments (such as Wix Harmony and/or our proprietary LLMs), as well as third-party products we will offer in the future within our platform, will receive customer acceptance and satisfaction, including the growth in market adoption of our online commerce solutions and our Wix Studio product, as well as our Base44 offering; our expectations regarding our ability to develop relevant and required products using artificial intelligence (“AI”), the legal and regulatory environment impacting AI and AI-related activities; cybersecurity, privacy and intellectual property, and potential competitive impacts from AI tools (including the impact on our business of users and potential users choosing to build their online presence using other AI products), and other risks associated with AI technologies; our assumption that historical user behavior can be extrapolated to predict future user behavior, in particular during turbulent macro-economic environments; our prediction of the future revenues and/or bookings generated by our user cohorts and our ability to maintain and increase such revenue growth, as well as our ability to generate and maintain elevated levels of free cash flow and profitability; our expectation to maintain and enhance our brand and reputation; our expectation that we will effectively execute our initiatives to improve our user support function through our Customer Care team, and continue attracting registered users and partners, and increase user retention, user engagement and sales; our ability to successfully expand our payment infrastructure to transact in additional local currencies and accept additional payment methods; our expectation regarding the impact of fluctuations in foreign currency exchange rates, interest rates, potential illiquidity of banking systems, and other recessionary trends on our business; our expectations relating to the repurchase of our ordinary shares and/or convertible notes pursuant to our repurchase program, or as required; our expectation that we will comply with the restrictions under our Credit Agreement; our expectation that we will effectively manage our infrastructure; our expectation that we will efficiently and successfully manage cybersecurity risks and incidents; our expectations regarding the outcome of any regulatory investigation or litigation, including class actions; our expectations regarding future changes in our cost of revenues and our operating expenses on an absolute basis and as a percentage of our revenues, including as a result of elevated costs related to AI; our expectation with respect to future sales of our ordinary shares by directors, officers or large shareholders; our expectations regarding changes in the global, national, regional or local economic, business, competitive, market, and regulatory landscape, including as a result of the war and hostilities between Israel and Hamas, Hezbollah, Iran and the Houthi movement in Yemen and/or the Ukraine-Russia war and any escalations thereof and potential for wider regional instability and conflict; our planned level of capital expenditures and our belief that our existing cash and cash from operations will be sufficient to fund our operations for at least the next 12 months and for the foreseeable future; our expectations with respect to the integration and performance of acquisitions; our ability to attract and retain qualified employees and key personnel; and our expectations about entering into new markets and attracting new customer demographics, including our ability to successfully attract new partners, large enterprise-level users and to grow our activities, including through the adoption of our Wix Studio product, with these customer types as anticipated; and other factors discussed under the heading “Risk Factors” in the Company’s annual report on Form 20-F for the year ended December 31, 2025 filed with the Securities and Exchange Commission on March 5, 2026. The preceding list is not intended to be an exhaustive list of all of our forward-looking statements. Any forward-looking statement made by us in this press release speaks only as of the date hereof. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.

Wix.com Ltd.

CONSOLIDATED STATEMENTS OF OPERATIONS - GAAP

(In thousands, except loss per share data)

Three Months Ended · Six Months Ended
June 30,June 30,
2026202520262025
(unaudited) · (unaudited)
Revenues
Creative Subscriptions$398,350$345,456$780,711$683,132
Business Solutions164,708144,474323,518280,449
563,058489,9301,104,229963,581
Cost of Revenues
Creative Subscriptions81,05054,131159,543110,198
Business Solutions111,66799,209220,979194,934
192,717153,340380,522305,132
Gross Profit370,341336,590723,707658,449
Operating expenses:
Research and development175,685134,735353,903262,232
Selling and marketing181,705113,155381,295224,718
General and administrative44,64144,39489,91989,788
Restructuring and other costs27,109—27,109—
Total operating expenses429,140292,284852,226576,738
Operating income (loss)(58,799)44,306(128,519)81,711
Financial income (expenses), net(12,153)(38,377)7,205(32,545)
Other income (expenses), net(49)123(26)187
Income (loss) before taxes on income(71,001)6,052(121,340)49,353
Income tax benefit (expenses)(4,409)51,651(10,642)42,116
Loss from equity method investment950—1,843—
Net income (loss)$(76,360)$57,703$(133,825)$91,469
Basic net income (loss) per share$(1.78)$1.03$(2.70)$1.64
Basic weighted-average shares used to compute net income (loss) per share42,965,08955,905,45149,626,35555,807,604
Diluted net income (loss) per share$(1.78)$0.98$(2.70)$1.55
Diluted weighted-average shares used to compute net income (loss) per share42,965,08959,650,00849,626,35560,017,802

Wix.com Ltd.

CONDENSED CONSOLIDATED BALANCE SHEETS

(In thousands)

Period ended
June 30,December 31,
20262025
Assets(unaudited)(audited)
Current Assets:
Cash and cash equivalents$262,776$311,356
Restricted cash—5,520
Short-term deposits355,265385,280
Restricted deposits114222
Marketable securities342,744483,859
Trade receivables49,12941,525
Prepaid expenses and other current assets93,83396,252
Total current assets1,103,8611,324,014
Long-Term Assets:
Prepaid expenses and other long-term assets58,55233,847
Property and equipment, net109,533114,419
Equity method investment3,7194,851
Deferred tax asset98,66994,549
Marketable securities—474,198
Intangible assets, net27,76531,810
Goodwill135,021135,021
Operating lease right-of-use assets312,415398,265
Total long-term assets745,6741,286,960
Total assets$1,849,535$2,610,974
Liabilities and Shareholders' Deficiency
Current Liabilities:
Trade payables$76,738$74,811
Employees and payroll accruals115,791110,526
Deferred revenues784,794737,346
Credit facility loans500,069—
Accrued expenses and other current liabilities278,283146,716
Operating lease liabilities48,34243,262
Total current liabilities1,804,0171,112,661
Long Term Liabilities:
Deferred revenues126,772116,991
Deferred tax liability2,0953,923
Convertible notes, net1,128,3411,125,769
Other long-term liabilities167,322200,054
Operating lease liabilities361,907417,578
Total long-term liabilities1,786,4371,864,315
Total liabilities3,590,4542,976,976
Shareholders' Deficiency
Ordinary shares63104
Additional paid-in capital2,456,6142,067,407
Treasury shares(3,223,538)(1,600,156)
Accumulated other comprehensive income10,66317,539
Accumulated deficit(984,721)(850,896)
Total shareholders' deficiency(1,740,919)(366,002)
Total liabilities and shareholders' deficiency$1,849,535$2,610,974

Wix.com Ltd.

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

Three Months Ended · Six Months Ended
June 30,June 30,
2026202520262025
(unaudited) · (unaudited)
OPERATING ACTIVITIES:
Net income (loss)$(76,360)$57,703$(133,825)$91,469
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation5,9786,09911,96512,236
Amortization2,0221,2464,0452,707
Share based compensation expenses53,37259,439110,318119,700
Amortization of debt discount and debt issuance costs1,2877952,5721,589
Changes in accrued interest and exchange rate on short term and long term deposits3812653(98)
Changes in accrued interest and exchange rate on short term and long term bank loan69—69—
Non-cash impairment, restructuring and other costs19,246—19,246—
Amortization of premium and discount and accrued interest on marketable securities, net(15,918)(24,409)(19,588)(20,852)
Loss from equity method investment950—1,843—
Remeasurement loss (gain) on marketable equity securities and investments in privately held companies2,374—1,674(42)
Changes in deferred income taxes, net(3,435)(64,817)(5,012)(64,816)
Changes in operating lease right-of-use assets5,7644,80012,2219,603
Changes in operating lease liabilities25,13334,06223,03825,299
Gain on foreign exchange, net(2,166)(3,832)(2,532)(5,838)
Increase in trade receivables(895)(7,956)(7,604)(10,610)
Decrease (increase) in prepaid expenses and other current and long-term assets(25,775)(6,090)(47,178)52,241
Increase (decrease) in trade payables(34,451)(12,581)1,401(21,919)
Increase (decrease) in employees and payroll accruals5,64321,409967(42,739)
Increase in short term and long term deferred revenues8,31426,21157,22970,573
Increase in accrued expenses and other current liabilities84,37258,130103,18877,323
Net cash provided by operating activities55,562150,335134,090295,826
INVESTING ACTIVITIES:
Proceeds from short-term deposits and restricted deposits160—30,170107,780
Investment in short-term deposits and restricted deposits——(100)(112,810)
Proceeds from available-for-sale marketable debt securities—20,700635,36051,300
Investment in trading marketable debt securities(194,734)(163,313)(227,276)(191,006)
Proceed from trading marketable debt securities194,317162,525226,858190,217
Purchase of property and equipment and lease prepayment(2,648)(2,265)(5,949)(4,894)
Capitalization of internal use of software(272)(405)(526)(826)
Proceeds from (investment in) other assets—(10,458)—(10,458)
Payment for Businesses acquired, net of acquired cash—(18,545)—(18,545)
Proceed from realization of investments in privately held companies399—1,330417
Purchases of investments in privately held companies(1,660)(2,358)(5,265)(3,108)
Net cash provided by (used in) investing activities(4,438)(14,119)654,6028,067
FINANCING ACTIVITIES:
Proceeds from exercise of options and ESPP shares22536026,52223,014
Purchase of treasury shares—(100,000)—(300,000)
Purchase of treasury shares under tender offer(1,623,100)—(1,623,438)—
Proceeds from credit facility loan500,000—500,000—
Proceeds from private placement (ordinary shares and warrants)——260,000—
Payment of issuance costs related to private placement(8,319)—(8,408)—
Net cash used in financing activities(1,131,194)(99,640)(845,324)(276,986)
Effect of exchange rates on cash, cash equivalent and restricted cash2,16614,2902,53216,296
INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH(1,077,904)50,866(54,100)43,203
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—Beginning of period1,340,680653,276316,876660,939
CASH, CASH EQUIVALENTS AND RESTRICTED CASH—End of period$262,776$704,142$262,776$704,142

Wix.com Ltd.

KEY PERFORMANCE METRICS

(In thousands)

Three Months Ended · Six Months Ended
June 30,June 30,
2026202520262025
(unaudited) · (unaudited)
Creative Subscriptions$398,350$345,456$780,711$683,132
Business Solutions164,708144,474323,518280,449
Total Revenues$563,058$489,930$1,104,229$963,581
Creative Subscriptions$405,815$364,871$824,586$734,340
Business Solutions163,314145,053329,535286,489
Total Bookings$569,129$509,924$1,154,121$1,020,829
Free Cash Flow$52,642$147,665$127,615$290,106
Free Cash Flow excluding acquisition costs$61,176$147,665$173,428$290,106
Total consolidated ARR$1,962,536$1,699,905$1,962,536$1,699,905

Wix.com Ltd.

RECONCILIATION OF REVENUES TO BOOKINGS

(In thousands)

Three Months Ended · Six Months Ended
June 30, · June 30,
2026 · 2025 · 2026 · 2025
(unaudited) · (unaudited)
Revenues$563,058$489,930$1,104,229$963,581
Change in deferred revenues8,31426,23257,22970,594
Change in unbilled contractual obligations(2,243)(6,238)(7,337)(13,346)
Bookings$569,129$509,924$1,154,121$1,020,829
Y/Y growth12%13%
Three Months Ended · Six Months Ended
June 30, · June 30,
2026 · 2025 · 2026 · 2025
(unaudited) · (unaudited)
Creative Subscriptions Revenues$398,350$345,456$780,711$683,132
Change in deferred revenues9,70825,65351,21264,554
Change in unbilled contractual obligations(2,243)(6,238)(7,337)(13,346)
Creative Subscriptions Bookings$405,815$364,871$824,586$734,340
Y/Y growth11%12%
Three Months Ended · Six Months Ended
June 30, · June 30,
2026 · 2025 · 2026 · 2025
(unaudited) · (unaudited)
Business Solutions Revenues$164,708$144,474$323,518$280,449
Change in deferred revenues(1,394)5796,0176,040
Business Solutions Bookings$163,314$145,053$329,535$286,489
Y/Y growth13%15%

Wix.com Ltd.

RECONCILIATION OF COHORT BOOKINGS

(In millions)

Six Months Ended
June 30,
20262025
(unaudited)
Q1 Cohort revenues$40$21
Q1 Change in deferred revenues3526
Q1 Cohort Bookings$75$47

Wix.com Ltd.

RECONCILIATION OF REVENUES AND BOOKINGS EXCLUDING FX IMPACT

(In thousands)

Three Months Ended
June 30,
20262025
(unaudited)
Revenues$563,058$489,930
FX impact on Q2/26 using Y/Y rates(3,656)—
Revenues excluding FX impact$559,402$489,930
Y/Y growth14%
Three Months Ended
June 30,
20262025
(unaudited)
Bookings$569,129$509,924
FX impact on Q2/26 using Y/Y rates(4,726)—
Bookings excluding FX impact$564,403$509,924
Y/Y growth11%

Wix.com Ltd.

TOTAL ADJUSTMENTS GAAP TO NON-GAAP

(In thousands)

Three Months Ended · Six Months Ended
June 30,June 30,
2026202520262025
(1) Share based compensation expenses: · (unaudited) · (unaudited)
Cost of revenues$3,042$3,472$6,314$6,792
Research and development29,97432,09862,35763,589
Selling and marketing8,0509,04616,29618,223
General and administrative12,30614,82325,35131,096
Total share based compensation expenses53,37259,439110,318119,700
(2) Amortization2,0341,2594,0692,731
(3) Acquisition related expenses41,0596,08778,9676,087
(4) Amortization of debt discount and debt issuance costs1,2877952,5721,589
(5) Restructuring and other costs27,109—27,109—
(6) Sales tax accrual and other G&A expenses52(938)669(239)
(7) Unrealized gain on equity and other investments2,374—1,674(42)
(8) Non-operating foreign exchange expenses16,91111,90217,6908,823
(9) Provision for income tax effects related to non-GAAP adjustments(546)—(385)—
(10) Loss from equity method investment950—1,843—
Total adjustments of GAAP to Non GAAP$144,602$78,544$244,526$138,649

Wix.com Ltd.

RECONCILIATION OF GAAP TO NON-GAAP GROSS PROFIT

(In thousands)

Three Months Ended · Six Months Ended
June 30,June 30,
2026202520262025
(unaudited) · (unaudited)
Gross Profit$370,341$336,590$723,707$658,449
Share based compensation expenses3,0423,4726,3146,792
Acquisition related expenses2316344163
Amortization1,4556682,9101,335
Non GAAP Gross Profit$374,861$340,893$732,975$666,739
Non GAAP Gross margin67%70%66%69%
Three Months Ended · Six Months Ended
June 30,June 30,
2026202520262025
(unaudited) · (unaudited)
Gross Profit - Creative Subscriptions$317,300$291,325$621,168$572,934
Share based compensation expenses2,1522,4424,4644,809
Acquisition related expenses2316344163
Amortization709—1,418—
Non GAAP Gross Profit - Creative Subscriptions$320,184$293,930$627,094$577,906
Non GAAP Gross margin - Creative Subscriptions80%85%80%85%
Three Months Ended · Six Months Ended
June 30,June 30,
2026202520262025
(unaudited) · (unaudited)
Gross Profit - Business Solutions$53,041$45,265$102,539$85,515
Share based compensation expenses8901,0301,8501,983
Amortization7466681,4921,335
Non GAAP Gross Profit - Business Solutions$54,677$46,963$105,881$88,833
Non GAAP Gross margin - Business Solutions33%33%33%32%

Wix.com Ltd.

RECONCILIATION OF OPERATING INCOME (LOSS) TO NON-GAAP OPERATING INCOME

(In thousands)

Three Months Ended · Six Months Ended
June 30,June 30,
2026202520262025
(unaudited) · (unaudited)
Operating income (loss)$(58,799)$44,306$(128,519)$81,711
Adjustments:
Share based compensation expenses53,37259,439110,318119,700
Amortization2,0341,2594,0692,731
Impairment, restructuring and other charges27,109—27,109—
Sales tax accrual and other G&A expenses52(938)669(239)
Acquisition related expenses41,0596,08778,9676,087
Total adjustments123,62665,847221,132128,279
Non GAAP operating income$64,827$110,153$92,613$209,990
Non GAAP operating margin12%22%8%22%

Wix.com Ltd.

RECONCILIATION OF NET INCOME (LOSS) TO NON-GAAP NET INCOME AND NON-GAAP NET INCOME PER SHARE

(In thousands, except per share data)

Three Months Ended · Six Months Ended
June 30,June 30,
2026202520262025
(unaudited) · (unaudited)
Net income (loss)$(76,360)$57,703$(133,825)$91,469
Share based compensation expenses and other Non GAAP adjustments144,60278,544244,526138,649
Non-GAAP net income$68,242$136,247$110,701$230,118
Basic Non GAAP net income per share$1.59$2.44$2.23$4.12
Weighted average shares used in computing basic Non GAAP net income per share42,965,08955,905,45149,626,35555,807,604
Diluted Non GAAP net income per share$1.39$2.28$1.97$3.83
Weighted average shares used in computing diluted Non GAAP net income per share49,271,01259,650,00856,152,98060,017,802

Wix.com Ltd.

RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES TO FREE CASH FLOW

(In thousands)

Three Months Ended · Six Months Ended
June 30,June 30,
2026202520262025
(unaudited) · (unaudited)
Net cash provided by operating activities$55,562$150,335$134,090$295,826
Capital expenditures, net(2,920)(2,670)(6,475)(5,720)
Free Cash Flow$52,642$147,665$127,615$290,106
Restructuring and other costs8,534—8,534—
Cash paid for acquisition-related costs——37,279—
Free Cash Flow excluding acquisition and restructuring costs$61,176$147,665$173,428$290,106
ContentsView on SEC.gov

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