From Financial Modeling Prep: 2025-05-21 06:47:00

Wix.com Ltd exceeded Q1 revenue expectations, reporting $473.7 million with an operating income of $37.4 million. Gross profit stood at $321.9 million, resulting in a 69% adjusted gross margin. Net income reached $33.8 million, with free cash flow hitting $142.4 million.

Key Financials:
– Revenue: $473.7 million
– Gross Profit & Margin: $321.9 million; 69% adj. gross margin
– Operating Income: $37.4 million
– Net Income: $33.8 million
– Free Cash Flow: $142.4 million

Wix’s sustainable 69% adjusted gross margin showcases its scalable subscription model. Investors can track profitability metrics like gross, operating, and net margins through FMP’s Ratios TTM API to compare Wix with other SaaS providers.

Wix’s optimistic mid-teens growth outlook highlights confidence in subscriber growth and professional services adoption. Key areas for investors to monitor include subscription ARPU, operating leverage for margin expansion, and cash flow conversion strategies.

With a focus on recurring revenue and cost management, Wix is positioned to meet growth targets and maintain strong margins in 2025. Investors should watch for upselling strategies, operating leverage improvements, and cash flow trends.



Read more at Financial Modeling Prep:: Wix.com Q1 2025: Revenue Beats, Margins Hold Stead…