Wix.com (WIX) Net Margin (2012 - 2023)
Wix.com (WIX) reported Net Margin of 15.95% for Q2 2023, up 5.75% sequentially from 15.08% in Q1 2023.
Wix.com (WIX) Net Margin (2012 - 2023) Analysis & Trends
Wix.com (WIX) has 10 years of Net Margin data on file, last reported at 15.95% in Q2 2023.
- For the quarter ending Q2 2023, Net Margin changed N/A year-over-year to 15.95%; the trailing twelve-month figure through Jun 2023 stood at 16.05% (changed N/A YoY), and the FY2025 full-year result was 2.9%, down 51.0% from the prior year.
- Net Margin improved to 15.95% in Q2 2023, from 15.08% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 28.44% in Q1 2019 to a low of 0.19% in Q2 2019.
- A 3-year average of 18.03% and a median of 16.63% in 2022 frame the typical range for Net Margin.
- Peak annual rise in Net Margin reached 436 bps in 2019, while the deepest fall reached 3244 bps in 2019.
- Tracing WIX's Net Margin over 3 years: stood at 25.51% in 2019, then plunged by 36 bps to 16.39% in 2022, then decreased by 3 bps to 15.95% in 2023.
- Business Quant data shows WIX's Net Margin at 15.95% in Q2 2023, 15.08% in Q1 2023, and 16.39% in Q4 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 38.34% |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | 13.90% |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 30.88% |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | - |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 53.68% |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 16.65% |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 4.71% |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 28.90% |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | -3.58% |
| 10 | Wix.com | 190.37 Mn | -1.15 Bn | 353.37 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 15.95% |
| Mar 31, 2023 | 15.08% |
| Dec 31, 2022 | 16.39% |
| Sep 30, 2022 | 16.88% |
| Dec 31, 2019 | 25.51% |
| Sep 30, 2019 | 25.85% |
| Jun 30, 2019 | 0.19% |
| Mar 31, 2019 | 28.44% |
| Dec 31, 2018 | 29.87% |
| Sep 30, 2018 | 31.17% |
| Jun 30, 2018 | 32.63% |
| Mar 31, 2018 | 33.99% |
| Dec 31, 2017 | 39.03% |
| Sep 30, 2017 | 41.29% |
| Jun 30, 2017 | 43.85% |
| Mar 31, 2017 | 48.30% |
| Dec 31, 2016 | 52.16% |
| Sep 30, 2016 | 56.44% |
| Jun 30, 2016 | 59.90% |
| Mar 31, 2016 | 65.57% |