Wix.com Ltd. Reports Strong Q1 2025 Results

Wix.com Ltd ( (WIX) ) has released its Q1 earnings. Here is a breakdown of the information Wix.com Ltd presented to its investors.

Wix.com Ltd. is a leading SaaS platform that empowers users to create, manage, and grow their digital presence with advanced tools and solutions, catering to a diverse range of users from self-creators to enterprises. In its first-quarter 2025 earnings report, Wix.com Ltd. announced a strong performance with total bookings reaching $511 million, marking a 12% year-over-year increase. The company also reported a total revenue of $474 million, surpassing expectations with a 13% year-over-year growth, driven by the growth of Self Creators and solid momentum in its Partners segment.

Key highlights from the report include the launch of Wixel, an AI-powered visual design platform that expands Wix’s offerings beyond website creation, and a robust free cash flow margin of 30% for the quarter. The company also increased its share repurchase authorization to $400 million, reflecting confidence in its financial stability and future prospects.

Wix’s financial metrics showed significant growth, with Creative Subscriptions revenue increasing by 11% and Business Solutions revenue rising by 18% year-over-year. The Partners segment delivered an impressive 24% revenue growth, indicating strong market share gains. The company achieved a GAAP net income of $33.8 million and a non-GAAP net income of $93.9 million, highlighting its strong operational performance.

Looking ahead, Wix maintains a positive outlook for the remainder of the year, expecting continued growth in bookings and revenue. The company aims to leverage its innovative products and strong user base to drive further expansion, despite macroeconomic uncertainties. Management remains optimistic about achieving its financial targets for 2025, supported by ongoing product innovation and strategic initiatives.