Wix.com Q4 revenue rises but slightly misses estimates

Reuters03-04 14:14
Wix.com Q4 revenue rises but slightly misses estimates

Overview

  • Israel-based web development platform's Q4 revenue rose 14% y/y, slightly missing analyst expectations

  • Adjusted gross margin for Q4 was 68%

  • Company announced $250 mln equity investment led by Durable Capital Partners

Outlook

  • Wix expects 2026 revenue to grow at mid-teens percentage y/y

  • Company anticipates FCF margin in low- to mid-20% range in 2026

Result Drivers

  • BASE44 PERFORMANCE - Base44 reached $100 mln in ARR, contributing to revenue growth

  • HARMONY IMPACT - Harmony showed strong early conversion and monetization, driving new cohort bookings

Company press release: ID:nGNE4KYVrG

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

Slight Miss*

$524 mln

$527.82 mln (20 Analysts)

Q4 EPS

-$0.73

Q4 Adjusted Gross Margin

68.00%

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 21 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the online services peer group is "buy"

  • Wall Street's median 12-month price target for Wix.Com Ltd is $147.21, about 98% above its March 3 closing price of $74.36

  • The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 14 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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