Wix Research and Development Expenses 2013-2023 | WIX
Wix annual/quarterly research and development expenses history and growth rate from 2013 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Wix research and development expenses for the quarter ending December 31, 2023 were $0.126B, a 3.92% increase year-over-year.
- Wix research and development expenses for the twelve months ending December 31, 2023 were $0.481B, a 0.32% decline year-over-year.
- Wix annual research and development expenses for 2023 were $0.481B, a 0.32% decline from 2022.
- Wix annual research and development expenses for 2022 were $0.483B, a 13.63% increase from 2021.
- Wix annual research and development expenses for 2021 were $0.425B, a 32.68% increase from 2020.
Wix Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$481 |
| 2022 |
$483 |
| 2021 |
$425 |
| 2020 |
$320 |
| 2019 |
$251 |
| 2018 |
$199 |
| 2017 |
$154 |
| 2016 |
$105 |
| 2015 |
$78 |
| 2014 |
$58 |
| 2013 |
$30 |
| 2012 |
$17 |
Wix Quarterly Research and Development Expenses
(Millions of US $) |
| 2023-12-31 |
$126 |
| 2023-09-30 |
$125 |
| 2023-06-30 |
$115 |
| 2023-03-31 |
$115 |
| 2022-12-31 |
$121 |
| 2022-09-30 |
$120 |
| 2022-06-30 |
$122 |
| 2022-03-31 |
$120 |
| 2021-12-31 |
$116 |
| 2021-09-30 |
$109 |
| 2021-06-30 |
$104 |
| 2021-03-31 |
$95 |
| 2020-12-31 |
$90 |
| 2020-09-30 |
$84 |
| 2020-06-30 |
$75 |
| 2020-03-31 |
$71 |
| 2019-12-31 |
$67 |
| 2019-09-30 |
$64 |
| 2019-06-30 |
$61 |
| 2019-03-31 |
$58 |
| 2018-12-31 |
$55 |
| 2018-09-30 |
$49 |
| 2018-06-30 |
$48 |
| 2018-03-31 |
$47 |
| 2017-12-31 |
$44 |
| 2017-09-30 |
$40 |
| 2017-06-30 |
$37 |
| 2017-03-31 |
$33 |
| 2016-12-31 |
$29 |
| 2016-09-30 |
$27 |
| 2016-06-30 |
$25 |
| 2016-03-31 |
$24 |
| 2015-12-31 |
$22 |
| 2015-09-30 |
$20 |
| 2015-06-30 |
$18 |
| 2015-03-31 |
$17 |
| 2014-12-31 |
$17 |
| 2014-09-30 |
$16 |
| 2014-06-30 |
$14 |
| 2014-03-31 |
$12 |
| 2013-12-31 |
|
| 2013-09-30 |
|
| 2013-06-30 |
|
| 2013-03-31 |
|
| 2012-12-31 |
|
| Sector |
Industry |
Market Cap |
Revenue |
| Computer and Technology |
Information Technology Services |
$7.434B |
$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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