Wix.com Ltd.
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Wix.com Ltd.'s past years’ income statements indicate that its last revenue has increased compared to the previous period by 13% to $1,561,665,000. The net income raised on $33,137,000 and profit margin reached 2%. Total operating expenses were $1,073,517,000.
Profit Margin
| 2014 | 141.84M | -56.56M | -39.88% |
|---|---|---|---|
| 2015 | 203.51M | -51.33M | -25.22% |
| 2016 | 290.10M | -47.15M | -16.26% |
| 2017 | 425.63M | -56.27M | -13.22% |
| 2018 | 603.70M | -37.12M | -6.15% |
| 2019 | 761.08M | -86.41M | -11.35% |
| 2020 | 988.76M | -216.52M | -21.9% |
| 2021 | 1.26B | -117.20M | -9.23% |
| 2022 | 1.38B | -424.86M | -30.62% |
| 2023 | 1.56B | 33.13M | 2.12% |
WIX Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.56B | 1.38B | 1.26B | 988.76M | 761.08M | 603.70M | 425.63M | 290.10M | 203.51M | 141.84M |
Cost of revenue | 512.52M | 526.22M | 488.57M | 315.69M | 196.90M | 126.94M | 69.39M | 45.28M | 34.97M | 26.10M |
Gross profit | 1.04B | 861.43M | 781.07M | 673.06M | 564.18M | 476.75M | 356.24M | 244.81M | 168.54M | 115.73M |
Operating exp. | ||||||||||
Research and development | 481.29M | 482.86M | 424.93M | 320.27M | 250.79M | 198.91M | 153.63M | 105.36M | 77.64M | 57.83M |
Selling and marketing | 399.57M | 492.88M | 512.02M | 438.21M | 307.71M | 249.17M | 204.43M | 156.51M | 120.01M | 97.74M |
Total operating expenses | 1.07B | 1.14B | 1.10B | 870.40M | 644.43M | 507.38M | 406.25M | 288.84M | 217.18M | 171.37M |
Operating income | -24.38M | -285.35M | -325.53M | -197.34M | -80.25M | -30.63M | -50.01M | -44.03M | -48.63M | -55.64M |
Other income (expenses), net | 62.21M | -182.49M | 272.52M | 47.17M | -3.56M | -489K | -4.93M | -4K | 66K | 2.13M |
Income before tax | 37.83M | -467.84M | -53.00M | -216.87M | -83.81M | -33.91M | -54.95M | -43.79M | -48.56M | -53.51M |
Income tax expense | 4.70M | -42.98M | 64.20M | -354K | 2.59M | 3.20M | 1.32M | 3.36M | 2.76M | 3.05M |
Net income | 33.13M | -424.86M | -117.20M | -216.52M | -86.41M | -37.12M | -56.27M | -47.15M | -51.33M | -56.56M |
Earnings per share | ||||||||||
Basic EPS | 0.58 | -7.33 | -2.06 | -3.98 | -1.71 | -0.77 | -1.24 | -1.12 | -1.3 | -1.49 |
Diluted EPS | 0.57 | -7.33 | -2.06 | -3.98 | -1.71 | -0.77 | -1.24 | -1.12 | -1.3 | -1.49 |
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