Wix (NASDAQ: WIX) Exceeds Earnings and Revenue Estimates

• Wix (NASDAQ: WIX) reported earnings per share of $1.42, surpassing the $1.40 estimate, and revenue of $570.2 million, exceeding the $566.3 million estimate.
• Third-quarter 2026 bookings grew 11% to $573 million, with revenue up 13% to $570 million, driven by Base44's strong performance.
• Non-GAAP gross margin remained stable at 69%, while Base44's margin rose to 58%, and Wix launched its new Studio Two AI-powered platform.

Wix (NASDAQ: WIX) offers an AI-powered creation platform for professional designers and agencies. It reports earnings per share of $1.42, above the $1.40 estimate, and revenue of $570.2 million, above the $566.3 million estimate.

For third-quarter 2026, Wix reports bookings of $573 million, up 11% from a year earlier. Bookings measure customer orders. Revenue is reported at $570 million, up 13%, with Base44’s performance driving growth, as highlighted by GlobeNewsWire.

Base44 nears $250 million in annual recurring revenue as demand and marketing investment rise. More users from its earliest group remain after 12 months than expected, while renewal rates improve among later groups.

Wix’s non-GAAP gross margin, which excludes certain accounting costs, is 69%, unchanged from a year earlier and up two percentage points from the prior quarter. Base44’s margin on the same basis rises to 58% from near zero in the first quarter. Wix also launches Studio Two, an AI-powered platform for designers and agencies.

Separately, Zacks Investment Research reports an earnings forecast of $1.30 per share for the quarter ended September 2026, down 22.6% from a year earlier, as highlighted by Zacks Investment Research. Its revenue forecast is $566.8 million, up 12.2%. Wix’s trailing price-to-sales ratio is 1.37, meaning its market value is 1.37 times its past-year sales.