Wix.com Past Earnings Performance
Past criteria checks 2/6
Wix.com has been growing earnings at an average annual rate of 5.5%, while the IT industry saw earnings growing at 7.2% annually. Revenues have been growing at an average rate of 16.7% per year.
Key information
5.5%
Earnings growth rate
7.4%
EPS growth rate
| IT Industry Growth | 22.4% |
| Revenue growth rate | 16.7% |
| Return on equity | n/a |
| Net Margin | 4.4% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
There's Been No Shortage Of Growth Recently For Wix.com's (NASDAQ:WIX) Returns On Capital
Sep 18
Wix's Profitability Focus Is Increasingly Showing
Aug 07Is Wix.com Ltd. (NASDAQ:WIX) Trading At A 37% Discount?
Jul 29Wix.com Ltd. (NASDAQ:WIX) Stocks Shoot Up 44% But Its P/S Still Looks Reasonable
Jun 06Is Wix.com Ltd. (NASDAQ:WIX) Potentially Undervalued?
May 22Wix Earnings: Financial Strength Shines Brightly
May 20Returns Are Gaining Momentum At Wix.com (NASDAQ:WIX)
Apr 09Wix: Increasing Price Target As Partners Business And AI Should Continue To Drive Growth
Mar 29Wix.com Ltd.'s (NASDAQ:WIX) Shareholders Might Be Looking For Exit
Mar 22Wix: Seize The Opportunity As Growth Prospects Are Solid
Feb 16Is There An Opportunity With Wix.com Ltd.'s (NASDAQ:WIX) 38% Undervaluation?
Feb 14Why Wix.com Ltd. (NASDAQ:WIX) Could Be Worth Watching
Jan 09Wix.com Ltd.'s (NASDAQ:WIX) 26% Price Boost Is Out Of Tune With Revenues
Dec 22Wix.com Ltd.'s (NASDAQ:WIX) Intrinsic Value Is Potentially 94% Above Its Share Price
Nov 09Is Wix.com Ltd. (NASDAQ:WIX) Trading At A 22% Discount?
Jul 28Wix.com Ltd.'s (NASDAQ:WIX) Share Price Not Quite Adding Up
Jul 07Is It Too Late To Consider Buying Wix.com Ltd. (NASDAQ:WIX)?
Apr 17A Look At The Intrinsic Value Of Wix.com Ltd. (NASDAQ:WIX)
Feb 17At US$80.89, Is It Time To Put Wix.com Ltd. (NASDAQ:WIX) On Your Watch List?
Dec 17Wix gains after activist Starboard discusses upside potential at conference
Oct 18Wix.com: Fundamentally Undervalued, Technically Stronger (Technical Analysis)
Oct 11Revenue & Expenses Breakdown
How Wix.com makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 1,653 | 73 | 583 | 494 |
| 31 Mar 24 | 1,607 | 68 | 571 | 491 |
| 31 Dec 23 | 1,562 | 33 | 560 | 481 |
| 30 Sep 23 | 1,513 | -9 | 550 | 477 |
| 30 Jun 23 | 1,465 | -63 | 569 | 472 |
| 31 Mar 23 | 1,420 | -208 | 599 | 478 |
| 31 Dec 22 | 1,388 | -425 | 664 | 483 |
| 30 Sep 22 | 1,366 | -495 | 708 | 478 |
| 30 Jun 22 | 1,340 | -431 | 707 | 467 |
| 31 Mar 22 | 1,310 | -282 | 705 | 450 |
| 31 Dec 21 | 1,270 | -117 | 682 | 425 |
| 30 Sep 21 | 1,224 | -18 | 645 | 398 |
| 30 Jun 21 | 1,157 | -91 | 626 | 373 |
| 31 Mar 21 | 1,077 | -248 | 607 | 345 |
| 31 Dec 20 | 984 | -167 | 550 | 320 |
| 30 Sep 20 | 911 | -175 | 503 | 297 |
| 30 Jun 20 | 853 | -136 | 463 | 277 |
| 31 Mar 20 | 803 | -95 | 411 | 263 |
| 31 Dec 19 | 758 | -88 | 394 | 251 |
| 30 Sep 19 | 721 | -71 | 373 | 239 |
| 30 Jun 19 | 680 | -59 | 350 | 224 |
| 31 Mar 19 | 640 | -48 | 332 | 211 |
| 31 Dec 18 | 604 | -37 | 308 | 199 |
| 30 Sep 18 | 558 | -38 | 296 | 188 |
| 30 Jun 18 | 513 | -47 | 282 | 179 |
| 31 Mar 18 | 471 | -55 | 268 | 167 |
| 31 Dec 17 | 426 | -56 | 253 | 154 |
| 30 Sep 17 | 391 | -56 | 233 | 136 |
| 30 Jun 17 | 356 | -51 | 217 | 124 |
| 31 Mar 17 | 321 | -48 | 203 | 114 |
| 31 Dec 16 | 290 | -47 | 183 | 105 |
| 30 Sep 16 | 263 | -52 | 172 | 98 |
| 30 Jun 16 | 241 | -54 | 159 | 92 |
| 31 Mar 16 | 221 | -55 | 149 | 85 |
| 31 Dec 15 | 204 | -51 | 140 | 78 |
| 30 Sep 15 | 188 | -55 | 135 | 72 |
| 30 Jun 15 | 172 | -56 | 129 | 68 |
| 31 Mar 15 | 158 | -58 | 124 | 63 |
| 31 Dec 14 | 142 | -57 | 114 | 58 |
| 30 Sep 14 | 125 | -55 | 102 | 52 |
| 30 Jun 14 | 109 | -50 | 90 | 44 |
| 31 Mar 14 | 94 | -42 | 77 | 36 |
| 31 Dec 13 | 80 | -32 | 62 | 30 |
| 30 Sep 13 | 69 | -22 | 52 | 24 |
Quality Earnings: WIX has a large one-off gain of $26.1M impacting its last 12 months of financial results to 30th June, 2024.
Growing Profit Margin: WIX became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: WIX has become profitable over the past 5 years, growing earnings by 5.5% per year.
Accelerating Growth: WIX has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: WIX has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (-10.3%).
Return on Equity
High ROE: WIX's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.