Wix.com (WIX) Divestments (2022 - 2024)
Wix.com's Divestments was $22.15 million in FY2024, down 67.7% from $68.67 million in FY2023.
Analysis
Wix.com (WIX) Divestments (2022 - 2024) Analysis & Trends
From FY2021 onward, Wix.com has reported Divestments for 4 years.
- Divestments shows a three-year compound annual growth rate of 5.7% (FY2021 to FY2024).
- The FY2024 figure marks the lowest annual Divestments since FY2021.
- Per Business Quant data, Divestments in earlier years was $68.67 million in FY2023 (+33.1%), $51.6 million in FY2022 (+174.9%) and $18.77 million in FY2021.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,781.98 Bn | 3,705.13 Bn | 60.48 Bn | - |
| 2 | International Business Machines | 207.92 Bn | 158.82 Bn | 9.91 Bn | - |
| 3 | Cloudflare | 114.07 Bn | 97.60 Bn | 499.52 Mn | - |
| 4 | Equinix | 99.76 Bn | 88.32 Bn | 1.40 Bn | 33.00 Mn |
| 5 | Nebius | 58.67 Bn | 32.10 Bn | 448.70 Mn | - |
| 6 | CoreWeave | 46.87 Bn | 33.97 Bn | 1.70 Bn | - |
| 7 | Verisign | 25.50 Bn | 22.71 Bn | 384.60 Mn | - |
| 8 | Nutanix | 18.59 Bn | 10.27 Bn | 651.35 Mn | - |
| 9 | Akamai Technologies | 15.65 Bn | 9.06 Bn | 613.75 Mn | - |
| 10 | Wix.com | 3.83 Bn | -437.77 Mn | 370.34 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 22.15 Mn |
| Dec 31, 2023 | 19.20 Mn |
| Jun 30, 2023 | 17.61 Mn |
| Mar 31, 2023 | 31.86 Mn |
| Dec 31, 2022 | 48.40 Mn |
| Mar 31, 2022 | 3.19 Mn |
API Access
Wix.com Divestments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=divestments&ticker=WIX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "divestments", "ticker": "WIX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=divestments&ticker=WIX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();