Wix reports better-than-expected earnings but slight revenue miss for Q4

Wix shares jumped astir 14% connected Wednesday aft the website-building level reported fourth-quarter net that topped expectations and outlined continued profitability gains, contempt a flimsy gross miss.

For the 4th quarter, Wix reported net of $1.81 per share, beating the statement estimation of $1.36 per share.

Revenue for the 4th totaled $524 million, up 14% year-over-year but conscionable beneath statement estimates of $528 million.

Fourth 4th bookings roseate 15% from a twelvemonth earlier to $535 million, which the institution said was driven by momentum from newer lawsuit cohorts and outperformance from its Base44 offering.

Base44 precocious reached $100 cardinal successful yearly recurring revenue, supported by a increasing assemblage of users gathering applications and customized concern software, the institution said.

Looking ahead, Wix said it anticipates “healthy mid-teens top-line growth” successful 2026 arsenic it advances merchandise initiatives, including Base44 and Wix Harmony. The institution noted that Harmony is demonstrating beardown aboriginal conversion and monetization, contributing to accelerating bookings maturation from caller halfway Wix cohorts successful aboriginal 2026.

Wix expects escaped currency travel borderline to beryllium successful the low- to mid-20% scope successful 2026, reflecting planned investments aimed astatine expanding its merchandise offerings and marketplace opportunity.

The institution besides said it plans to implicit the bulk of its $2 cardinal stock repurchase programme successful 2026.

Separately, Wix announced it has entered into a definitive statement for a backstage placement expected to make up to $250 cardinal successful gross proceeds, led by Durable Capital Partners. The transaction includes up to $150 cardinal from Durable Capital Partners and underscores what the institution described arsenic shared condemnation successful Wix’s semipermanent strategy.

“We exited 2025 with steadfast momentum, mounting america up for continued maturation successful 2026,” Wix main fiscal serviceman Lior Shemesh said successful a statement. “We expect 2026 to beryllium a pivotal twelvemonth arsenic we marque category-defining innovations and grow our enactment crossed the broader online ecosystem arsenic AI tech progressively makes the intolerable present possible, mounting the instauration for semipermanent maturation acceleration.”