WIX Wix.com, Ltd.
Price Chart
Executive Summary
Wix reported Q1 2026 revenue of $541.2M (+14% YoY) and non-GAAP EPS of $0.68, significantly beating the $1.22 consensus on a GAAP basis (GAAP net loss of $57.5M). The company maintained full-year mid-teens growth guidance despite a softer start in Partners business, while completing a $1.6B tender offer that repurchased ~30% of shares. The massive EPS beat vs consensus is driven by non-GAAP adjustments and a lower share count post-tender, but GAAP operating loss and cautious guidance on Partners headwinds temper the headline surprise.
Key Financial Metrics
Actionable Insight
The massive non-GAAP EPS beat is largely a function of acquisition-related add-backs and a 30% lower share count post-tender — not operational leverage. The GAAP operating loss (-$69.7M) and cautious commentary on Partners headwinds and FX pressure suggest underlying momentum is softer than headline EPS implies. Watch Q2 revenue growth trajectory and whether Partners business recovers; the maintained full-year guidance provides a floor but leaves little room for further deterioration.
Key Facts
- Q1 2026 revenue $541.2M, +14% YoY (vs consensus $544.0M — slight miss)
- Non-GAAP diluted EPS $0.68 (vs consensus $1.22 — 44% beat on non-GAAP basis; GAAP EPS -$1.02)
- GAAP net loss $57.5M vs $33.8M profit in Q1 2025, driven by $37.9M acquisition-related expenses
- Total bookings $585.0M, +15% YoY; Creative Subscriptions bookings +13%, Business Solutions +18%
- Total ARR $1.903B, +15% YoY
- Free cash flow $75.0M (excluding acquisition costs: $112.3M, 21% of revenue)
- Completed $1.6B modified Dutch Auction tender, repurchasing ~17.5M shares (~30% of outstanding)
- Maintained full-year 2026 guidance: mid-teens revenue and bookings growth; Q2 also mid-teens
- Partners business had slower start; Israel shekel strength creates ~$64M operating expense headwind
- New user cohort bookings up ~46% YoY; Base44 contributed ~$150M ARR as of May
Financial Impact
Revenue $541.2M vs $544.0M consensus (-0.5% miss); non-GAAP EPS $0.68 vs $1.22 consensus (44% beat on non-GAAP); GAAP net loss $57.5M vs prior-year profit $33.8M
Risk Factors
- GAAP operating loss widened to -$69.7M from +$37.4M a year ago, driven by $37.9M acquisition costs and higher R&D/S&M spend
- Partners business growth deceleration and Israel shekel FX headwind (~$64M) could pressure H2 margins
- Massive share repurchase ($1.6B) consumed most of cash reserves; cash dropped from $1.16B to $1.34B despite $260M private placement
- Non-GAAP gross margin declined to 66% from 69% YoY, indicating cost pressure from AI investments and Base44 integration
Market Snapshot
Documents Analyzed
This report is based on 1 press release from GlobeNewswire.
| Document | Accession Number |
|---|---|
| PRESS-RELEASE Data (Synthetic) | press-3293644 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
May 13, 2026
7d ago
|
6-K
| $55.32 $53.42 | ▼ −3.43% | ▼ −2.28% | $54.79 (−0.96%) |
|
May 13, 2026
7d ago
|
Press Release
| $55.32 $53.42 | ▼ −3.43% | ▼ −2.28% | $54.79 (−0.96%) |
|
Apr 23, 2026
27d ago
|
Press Release
| $71.97 $75.71 | ▲ +5.20% | ▲ +3.72% | $54.79 (−23.87%) |
|
Apr 3, 2026
6w ago
|
Press Release
| $84.25 $64.94 | ▼ −22.92% | ▼ −27.05% | $54.79 (−34.97%) |
|
Mar 5, 2026
10w ago
|
Press Release
| $92.94 $86.91 | ▼ −6.49% | ▼ −4.25% | $54.79 (−41.05%) |
|
Mar 4, 2026
11w ago
|
Press Release
| $83.78 $89.91 | ▲ +7.32% | ▲ +8.65% | $54.79 (−34.60%) |
|
Mar 4, 2026
11w ago
|
Press Release
| $83.78 $89.91 | ▲ +7.32% | ▲ +8.65% | $54.79 (−34.60%) |
US Market Status
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