WIX Q2 2023 Earnings — Wix.com Ltd. Revenue & Financial Results | Market Cap Arena

WIXWix.com Ltd.

$5B

Q2 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$390M+13.0% YoY

Gross Profit

$262M67.2% margin

Operating Income

$13M3.3% margin

Net Income

$34M8.6% margin

EPS (Diluted)

$0.54

QoQ Revenue Growth

+4.3%

Cash Flow

Operating Cash Flow

$48M

Free Cash Flow

$32M

Stock-Based Comp.

$54M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.9B

Stockholders' Equity

-$177M

Cash & Equivalents

$468M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$390M	$345M	+13.0%
Gross Profit	$262M	$210M	+24.6%
Operating Income	$13M	-$75M	+117.3%
Net Income	$34M	-$111M	+130.2%