WIX Q1 2024 Earnings — Wix.com Ltd. Revenue & Financial Results | Market Cap Arena

WIXWix.com Ltd.

$5B

Q1 2024 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$420M+12.2% YoY

Gross Profit

$282M67.3% margin

Operating Income

$10M2.3% margin

Net Income

$24M5.7% margin

EPS (Diluted)

$0.41

QoQ Revenue Growth

+4.0%

Cash Flow

Operating Cash Flow

$114M

Free Cash Flow

$106M

Stock-Based Comp.

$58M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.9B

Stockholders' Equity

-$194M

Cash & Equivalents

$515M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$420M	$374M	+12.2%
Gross Profit	$282M	$245M	+15.5%
Operating Income	$10M	-$33M	+129.0%
Net Income	$24M	-$10M	+331.5%