WIX Q3 2023 Earnings — Wix.com Ltd. Revenue & Financial Results | Market Cap Arena

WIXWix.com Ltd.

$5B

Q3 2023 Earnings

Technology Software - Infrastructure

Income Statement

Revenue

$394M+13.9% YoY

Gross Profit

$265M67.2% margin

Operating Income

-$6M-1.5% margin

Net Income

$7M1.8% margin

EPS (Diluted)

$0.12

QoQ Revenue Growth

+1.0%

Cash Flow

Operating Cash Flow

$64M

Free Cash Flow

$45M

Stock-Based Comp.

$58M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$1.8B

Stockholders' Equity

-$95M

Cash & Equivalents

$505M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$394M	$346M	+13.9%
Gross Profit	$265M	$218M	+21.5%
Operating Income	-$6M	-$62M	+90.7%
Net Income	$7M	-$47M	+114.7%