Wix.com Ltd.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.99B | $1.76B | $1.56B | $1.39B | $1.27B | $984.4M | $757.7M | $603.7M |
| Cost of Revenue | $636.4M | $564.6M | $512.5M | $526.2M | $488.6M | $313.0M | $194.8M | $126.9M |
| Gross Profit | $1.36B | $1.20B | $1.05B | $861.4M | $781.1M | $671.3M | $562.8M | $476.8M |
| Gross Margin | 68.1% | 67.9% | 67.2% | 62.1% | 61.5% | 68.2% | 74.3% | 79.0% |
| Operating Expenses | ||||||||
| Research & Development | $645.5M | $495.3M | $481.3M | $482.9M | $424.9M | $320.3M | $250.8M | $198.9M |
| SG&A Expense | $195.2M | $175.1M | $160.0M | $171.0M | $169.6M | $111.9M | $85.9M | $59.3M |
| Operating Income | $1.8M | $100.1M | $-24.4M | $-285.4M | $-325.5M | $-199.1M | $-81.6M | $-30.6M |
| Operating Margin | 0.1% | 5.7% | -1.6% | -20.6% | -25.6% | -20.2% | -10.8% | -5.1% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $1.1M | $151.9M | $37.8M | $-467.8M | $-53.0M | $-151.9M | $-85.2M | $-33.9M |
| Income Tax Expense | $-51.0M | $13.6M | $4.7M | $-43.0M | $64.2M | $15.0M | $2.6M | $3.2M |
| Net Income | $50.6M | $138.3M | $33.1M | $-424.9M | $-117.2M | $-166.9M | $-87.7M | $-37.1M |
| Net Margin | 2.5% | 7.9% | 2.1% | -30.6% | -9.2% | -17.0% | -11.6% | -6.1% |
| EPS (Basic) | $0.91 | $2.49 | $0.58 | $-7.33 | $-2.06 | $-3,070.00 | $-0.25 | $-0.11 |
| EPS (Diluted) | $0.88 | $2.36 | $0.57 | $-7.33 | $-2.06 | $-3,070.00 | $-0.25 | $-0.11 |
| Shares Outstanding (Basic) | 55.6M | 55.6M | 56.8M | 58.0M | 57.0M | 54.4M | — | — |
| Shares Outstanding (Diluted) | 57.7M | 60.0M | 58.4M | 58.0M | 57.0M | 54.4M | 52.1M | 53.7M |
| Dividends Per Share | — | — | — | — | — | — | — | — |