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WIX
Wix.com Ltd.
$5B
Q1 2023 Earnings
Technology
Software - Infrastructure
Income Statement
Revenue
$374M
+9.5% YoY
Gross Profit
$245M
65.4% margin
Operating Income
-$33M
-8.9% margin
Net Income
-$10M
-2.8% margin
EPS (Diluted)
$-0.18
QoQ Revenue Growth
+5.4%
Cash Flow
Operating Cash Flow
$46M
Free Cash Flow
$25M
Stock-Based Comp.
$55M
Balance Sheet
Total Assets
$1.8B
Total Liabilities
$2.0B
Stockholders' Equity
-$217M
Cash & Equivalents
$351M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$374M
$342M
+9.5%
Gross Profit
$245M
$207M
+18.3%
Operating Income
-$33M
-$115M
+71.1%
Net Income
-$10M
-$227M
+95.4%
← FY 2023
All Quarters
Q2 2023 →
WIX Q1 2023 Earnings — Wix.com Ltd. Revenue & Financial Results | Market Cap Arena