Overview
Wix.com reported fourth-quarter revenue of $524.3 million, a 14% increase from the same period a year earlier. That top-line figure was essentially in line with the consensus analyst forecast of $527.9 million compiled by Bloomberg.
Profitability and margins
The company exceeded estimates on several profitability metrics. Non-GAAP operating income for the quarter was $81.2 million, above the estimate of $77.1 million. Adjusted gross profit was $358.8 million, topping the $353.2 million forecast, and adjusted gross margin came in at 68.0% versus an expected 67.1%.
Bookings and growth
Wix reported fourth-quarter bookings of $535 million, representing a 15% increase compared with the prior-year period.
Outlook for 2026
Looking forward, the company expects mid-teens top-line growth in 2026. For the same period, it anticipates a free cash flow margin in the low- to mid-20% range.
Capital allocation and investment
Wix plans to complete the majority of its $2.0 billion share repurchase program during 2026. The company also disclosed that it received a $250 million equity investment led by Durable Capital Partners.
Context and implications
The quarter combined modest revenue expansion with margin beats and stronger operating income than analysts expected. Bookings growth indicates continued customer demand for the company’s offerings, while the repurchase program and the sizable equity investment highlight management’s focus on capital allocation and financial flexibility going into 2026.
What remains limited in the disclosure
The company provided forward guidance for revenue growth and free cash flow margin ranges for 2026 and announced capital actions, but additional detail on the timeline and mechanics of the repurchase execution and the specific terms or use of proceeds tied to the equity investment were not provided in the reported figures.
Bottom line
Wix’s fourth-quarter results delivered some upside on profitability measures while broadly meeting revenue expectations. The company entered 2026 with plans for meaningful buybacks, an outside equity infusion, and guidance that implies continued top-line expansion and robust free cash flow conversion.