Wix.com (WIX) Interest Expenses (2017 - 2020)

Wix.com (WIX) posted Interest Expenses of -$10.2 million for Q4 2020, down 39.19% sequentially from -$7.3 million in Q3 2020, and down 297.88% YoY from $5.1 million in Q1 2020.

Wix.com (WIX) Interest Expenses (2017 - 2020) Analysis & Trends

Wix.com (WIX) has 4 years of Interest Expenses data on file, last reported at -$10.2 million in Q4 2020.

  • Quarterly Interest Expenses fell 297.88% year-over-year to -$10.2 million in Q4 2020, while the trailing twelve-month figure through Sep 2021 was -$10.2 million (up 15.67% YoY) and the FY2020 annual result came in at -$19.6 million, down 442.67% from the prior year.
  • Interest Expenses declined to -$10.2 million in Q4 2020 per WIX's latest filing, from -$7.3 million in the prior quarter.
  • The five-year high for Interest Expenses was $1.5 million in Q2 2018, with the low at -$10.2 million in Q4 2020.
  • Average Interest Expenses over 4 years is -$2.1 million, with a median of -$1.7 million recorded in 2018.
  • Year-over-year, Interest Expenses slumped 1241.09% in 2019 and surged 166.18% in 2020.
  • Wix.com's Interest Expenses stood at -$1.1 million in 2017, then slumped by 47.81% to -$1.7 million in 2018, then tumbled by 51.24% to -$2.6 million in 2019, then plunged by 297.88% to -$10.2 million in 2020.
  • Business Quant data shows WIX's Interest Expenses at -$10.2 million in Q4 2020, -$7.3 million in Q3 2020, and -$3.3 million in Q2 2020.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 778.00 Mn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 1.44 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn -
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 7.55 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 4.20 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 2.56 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 162.72 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -
10 Wix.com 5.77 Bn 4.10 Bn 353.37 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2020 -10.16 Mn
Dec 31, 2020 -10.16 Mn
Sep 30, 2020 -7.30 Mn
Sep 30, 2020 -7.30 Mn
Jun 30, 2020 -3.34 Mn
Jun 30, 2020 -3.34 Mn
Mar 31, 2020 1.15 Mn
Mar 31, 2020 1.15 Mn
Dec 31, 2019 -2.55 Mn
Dec 31, 2019 -2.55 Mn
Sep 30, 2019 1.24 Mn
Sep 30, 2019 1.24 Mn
Jun 30, 2019 -580,000.00
Jun 30, 2019 -580,000.00
Mar 31, 2019 -1.73 Mn
Mar 31, 2019 -1.73 Mn
Dec 31, 2018 -1.69 Mn
Dec 31, 2018 -1.69 Mn
Sep 30, 2018 -2.51 Mn
Sep 30, 2018 -2.51 Mn