Wix.com (WIX) Net Margin (2012 - 2023)
Wix.com's (WIX) quarterly Net Margin came in at 8.61% in Q2 2023, up 410.62% quarter-over-quarter from 2.77% in Q1 2023.
Wix.com (WIX) Net Margin (2012 - 2023) Analysis & Trends
Wix.com has disclosed Net Margin across 10 years of filings, most recently posting 8.61% for Q2 2023.
- Net Margin for Q2 2023 came in at 8.61%, changed N/A year-over-year; the trailing twelve-month figure through Jun 2023 was 4.31% (changed N/A YoY), and the FY2025 annual result was 2.62%, down 524.0% from the prior year.
- Net Margin came in at 8.61% for Q2 2023 at Wix.com, up from 2.77% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 8.61% in Q2 2023 to a low of 17.64% in Q1 2019.
- The 3-year median for Net Margin is 9.87% (2019), against an average of 8.13%.
- Peak annual rise in Net Margin reached 326 bps in 2019, while the deepest fall reached 722 bps in 2019.
- Wix.com's Net Margin stood at 10.72% in 2019, then dropped by 2 bps to 10.98% in 2022, then surged by 178 bps to 8.61% in 2023.
- The last three Net Margin figures came in at 8.61% (Q2 2023), 2.77% (Q1 2023), and 10.98% (Q4 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,998.30 Bn | 2,920.03 Bn | 56.06 Bn | 38.34% |
| 2 | Alarum Technologies | 1,040.72 Bn | 1,026.57 Bn | 7.23 Mn | 5.06% |
| 3 | Oracle | 590.32 Bn | 551.74 Bn | 15.14 Bn | 21.52% |
| 4 | Palantir Technologies | 316.31 Bn | 308.39 Bn | 1.42 Bn | 53.68% |
| 5 | Palo Alto Networks | 181.17 Bn | 176.63 Bn | 1.91 Bn | 16.65% |
| 6 | CrowdStrike Holdings | 161.69 Bn | 158.63 Bn | 993.68 Mn | 4.71% |
| 7 | Fortinet | 102.35 Bn | 99.06 Bn | 1.49 Bn | 28.90% |
| 8 | Synopsys | 88.25 Bn | 88.13 Bn | 1.77 Bn | 2.69% |
| 9 | Cloudflare | 83.26 Bn | 82.32 Bn | 455.60 Mn | -3.58% |
| 10 | Wix.com | 5.70 Bn | 4.36 Bn | 353.37 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 8.61% |
| Mar 31, 2023 | -2.77% |
| Dec 31, 2022 | -10.98% |
| Sep 30, 2022 | -13.70% |
| Dec 31, 2019 | -10.72% |
| Sep 30, 2019 | -8.83% |
| Jun 30, 2019 | -9.02% |
| Mar 31, 2019 | -17.64% |
| Dec 31, 2018 | -3.50% |
| Sep 30, 2018 | -3.80% |
| Jun 30, 2018 | -3.86% |
| Mar 31, 2018 | -14.38% |
| Dec 31, 2017 | -5.57% |
| Sep 30, 2017 | -13.08% |
| Jun 30, 2017 | -13.78% |
| Mar 31, 2017 | -22.57% |
| Dec 31, 2016 | -7.34% |
| Sep 30, 2016 | -12.75% |
| Jun 30, 2016 | -16.62% |
| Mar 31, 2016 | -32.33% |