EarningsQ2 2026 Earnings Report
MX:WIXN Q2 2026 EPS Results
Actual EPS$24.97
Consensus EPS$20.24
Beat/MissBeat by +$4.72
One Year Ago EPS$40.95
MX:WIXN Q2 2026 Revenue Results
Actual Revenue$10.11B
Expected Revenue$9.93B
Beat/MissBeat by +$188.60M
YoY Revenue Growth+14.93%
Earnings Announcement Details
QuarterQ2 2026
Date08/04/2026
TimeBefore Open
Conference CallTuesday, August 4, 2026
MX:WIXN Upcoming Earnings
Wix's next earnings date is estimated for November 5, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
MX:WIXN Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call highlights strong product and AI-driven progress (notably the Base1 proprietary LLM and a projected jump in BASE44 gross margin to ~60% in H2), healthy revenue growth (15% YoY) and maintained guidance. Offsetting these positives are near-term margin pressures from elevated S&M and AI compute costs, bookings trailing revenue, limited disclosure on BASE44 renewals/ARR, and competitive/market uncertainty. Management is purposefully reinvesting margin gains to accelerate BASE44 growth, indicating a tradeoff of short-term profitability for market capture.Company Guidance
Top-Line Growth
Revenue grew 15% year-over-year in Q2 2026 and bookings grew 12% year-over-year, reflecting steady top-line performance and demand across products.
BASE44 Strong Performance and Demand
BASE44 continued strong growth in Q2 with elevated top-of-funnel demand, newer cohorts outperforming prior ones, increasing adoption of annual plans, and meaningful contribution to Partners revenue.
Base1 Launch — Proprietary LLM
Introduced Base1, an in-house LLM for BASE44 (first platform in its category to launch a proprietary LLM) that management says delivers better results for BASE44 use cases and materially lower inference cost versus frontier providers.
Material Gross Margin Improvement for BASE44
BASE44 non-GAAP gross margin is expected to improve from roughly 0% at the start of 2026 to approximately 60% in H2 2026 due to Base1 and cost optimization — a dramatic margin trajectory shift.
Consolidated Margin and Financial Position
Total non-GAAP gross margin in Q2 was 67% (slight sequential increase). Company ended Q2 with approximately $960 million cash and cash equivalents and $1.63 billion in short- and long-term debt.
Guidance and Cash Flow Expectations Maintained
Company is maintaining guidance: full-year revenue growth expected at low- to mid-teens YoY, bookings growth at low teens YoY, Q3 revenue growth expected low double-digits YoY, and full-year free cash flow margin (ex-acquisition/restructuring) targeted in the high teens.
Strategic Product Momentum (Harmony + BASE44)
Progress on Wix Harmony (editing + AI collaboration) and BASE44 (natural language, vibe-coded app creation) with a dual-path strategy to capture self-creators and app/software creators, and management is raising the TROI target moderately to invest further in BASE44.
MX:WIXN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed