Wix.com (WIX) Gross Margin (2012 - 2023)

Wix.com's (WIX) quarterly Gross Margin came in at 67.2% in Q2 2023, up 2.78% quarter-over-quarter from 65.39% in Q1 2023.

Wix.com (WIX) Gross Margin (2012 - 2023) Analysis & Trends

Wix.com has disclosed Gross Margin across 10 years of filings, most recently posting 67.2% for Q2 2023.

  • Gross Margin for Q2 2023 came in at 67.2%, changed N/A year-over-year; the trailing twelve-month figure through Jun 2023 was 64.91% (changed N/A YoY), and the FY2025 annual result was 68.07%, up 14.0% from the prior year.
  • Gross Margin came in at 67.2% for Q2 2023 at Wix.com, up from 65.39% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 77.21% in Q1 2019 to a low of 63.03% in Q3 2022.
  • The 3-year median for Gross Margin is 70.06% (2023), against an average of 69.7%.
  • Peak annual rise in Gross Margin reached 171 bps in 2019, while the deepest fall reached 589 bps in 2019.
  • Wix.com's Gross Margin stood at 73.25% in 2019, then retreated by 13 bps to 63.73% in 2022, then gained by 5 bps to 67.2% in 2023.
  • The last three Gross Margin figures came in at 67.2% (Q2 2023), 65.39% (Q1 2023), and 63.73% (Q4 2022), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 67.63%
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 61.73%
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 88.06%
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 86.78%
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 73.59%
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 76.12%
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 80.29%
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 73.54%
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 71.21%
10 Wix.com 5.70 Bn 4.36 Bn 353.37 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2023 67.20%
Mar 31, 2023 65.39%
Dec 31, 2022 63.73%
Sep 30, 2022 63.03%
Dec 31, 2019 73.25%
Sep 30, 2019 72.92%
Jun 30, 2019 74.83%
Mar 31, 2019 77.21%
Dec 31, 2018 79.00%
Sep 30, 2018 78.81%
Jun 30, 2018 79.17%
Mar 31, 2018 78.92%
Dec 31, 2017 85.09%
Sep 30, 2017 83.04%
Jun 30, 2017 82.59%
Mar 31, 2017 83.94%
Dec 31, 2016 84.87%
Sep 30, 2016 85.42%
Jun 30, 2016 83.97%
Mar 31, 2016 82.94%