Wix Profit Margin 2013-2023 | WIX

Current and historical gross margin, operating margin and net profit margin for Wix (WIX) over the last 10 years. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Wix net profit margin as of December 31, 2023 is 2.12%.
Wix Annual Profit Margins
Wix Quarterly Profit Margins
Sector Industry Market Cap Revenue
Computer and Technology Information Technology Services $7.550B $1.562B
Wix.com Ltd. is a cloud-based web development platform. The company's platform offers solutions that enable businesses, organizations, professionals and individuals to develop customized websites and application platforms. The company's core products and services include Wix Editor, Wix ADI, Corvid by Wix (now Velo by Wix), Wix Mobile, Web, Wix App and Wix SEO Wi. Wix Editor offers ready templates and drag-and-drop editor tool to facilitate Website editing to make web stores look professional without any design experience. Wix ADI allows users to design websites customized to meet their specific needs. Corvid by Wix is designed to aid developers manage their workflow in a streamlined manner. Ascend by Wix suite comprises of advanced features which allow users to seamlessly connect with customers, automate work processes, and aids in expanding business. Moreover, with Wix Logo Maker users can generate a logo by utilizing artificial intelligence.
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