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Wix.com (WIX) Deferred Taxes: 2012-2023

Historic Deferred Taxes for Wix.com (WIX) over the last 9 years, with Jun 2023 value amounting to -$6.3 million.

  • Wix.com's Deferred Taxes rose 50.03% to -$6.3 million in Q2 2023 from the same period last year, while for Jun 2023 it was -$20.1 million, marking a year-over-year increase of 40.63%. This contributed to the annual value of $5.2 million for FY2024, which is 40.85% down from last year.
  • Per Wix.com's latest filing, its Deferred Taxes stood at -$6.3 million for Q2 2023, which was down 52.46% from -$4.1 million recorded in Q1 2023.
  • Wix.com's 5-year Deferred Taxes high stood at $32.8 million for Q2 2021, and its period low was -$35.6 million during Q1 2022.
  • Over the past 3 years, Wix.com's median Deferred Taxes value was -$5.2 million (recorded in 2023), while the average stood at -$1.4 million.
  • As far as peak fluctuations go, Wix.com's Deferred Taxes plummeted by 2,439.19% in 2019, and later surged by 12,445.61% in 2021.
  • Quarterly analysis of 5 years shows Wix.com's Deferred Taxes stood at $748,000 in 2019, then soared by 1,577.54% to $12.5 million in 2020, then crashed by 153.87% to -$6.8 million in 2021, then plummeted by 77.47% to -$12.0 million in 2022, then surged by 50.03% to -$6.3 million in 2023.
  • Its last three reported values are -$6.3 million in Q2 2023, -$4.1 million for Q1 2023, and -$12.0 million during Q4 2022.