Wix (WIX) Revenue & Revenue Breakdown
Wix Revenue Highlights
Latest Revenue (Y)
$1.56B
Latest Revenue (Q)
$419.78M
Main Segment (Y)
Creative Subscription
Main Geography (Y)
North America
Wix Revenue by Period
Wix Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $1.56B | 12.54% |
| 2022-12-31 | $1.39B | 9.29% |
| 2021-12-31 | $1.27B | 28.41% |
| 2020-12-31 | $988.76M | 29.91% |
| 2019-12-31 | $761.09M | 26.07% |
| 2018-12-31 | $603.70M | 41.84% |
| 2017-12-31 | $425.64M | 46.72% |
| 2016-12-31 | $290.10M | 42.54% |
| 2015-12-31 | $203.52M | 43.48% |
| 2014-12-31 | $141.84M | 76.26% |
| 2013-12-31 | $80.47M | 84.25% |
| 2012-12-31 | $43.68M | 77.54% |
| 2011-12-31 | $24.60M | 149.75% |
| 2010-12-31 | $9.85M | - |
Wix generated $1.56B in revenue during NA 2023, up 12.54% compared to the previous quarter, and up 258.68% compared to the same period a year ago.
Wix Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $419.78M | 3.96% |
| 2023-12-31 | $403.77M | 2.52% |
| 2023-09-30 | $393.84M | 0.99% |
| 2023-06-30 | $389.98M | 4.25% |
| 2023-03-31 | $374.08M | 5.36% |
| 2022-12-31 | $355.04M | 2.67% |
| 2022-09-30 | $345.81M | 0.17% |
| 2022-06-30 | $345.22M | 1.06% |
| 2022-03-31 | $341.60M | 4.04% |
| 2021-12-31 | $328.34M | 2.35% |
| 2021-09-30 | $320.80M | 1.39% |
| 2021-06-30 | $316.41M | 4.04% |
| 2021-03-31 | $304.11M | 7.64% |
| 2020-12-31 | $282.53M | 11.16% |
| 2020-09-30 | $254.18M | 7.68% |
| 2020-06-30 | $236.06M | 9.29% |
| 2020-03-31 | $215.99M | 5.57% |
| 2019-12-31 | $204.59M | 3.96% |
| 2019-09-30 | $196.79M | 6.13% |
| 2019-06-30 | $185.42M | 6.39% |
| 2019-03-31 | $174.29M | 6.15% |
| 2018-12-31 | $164.20M | 5.53% |
| 2018-09-30 | $155.60M | 6.48% |
| 2018-06-30 | $146.13M | 6.07% |
| 2018-03-31 | $137.78M | 16.22% |
| 2017-12-31 | $118.55M | 6.77% |
| 2017-09-30 | $111.03M | 7.25% |
| 2017-06-30 | $103.52M | 11.87% |
| 2017-03-31 | $92.54M | 9.93% |
| 2016-12-31 | $84.18M | 11.33% |
| 2016-09-30 | $75.61M | 10.01% |
| 2016-06-30 | $68.73M | 11.60% |
| 2016-03-31 | $61.59M | 8.37% |
| 2015-12-31 | $56.83M | 6.06% |
| 2015-09-30 | $53.58M | 10.29% |
| 2015-06-30 | $48.58M | 9.11% |
| 2015-03-31 | $44.52M | 7.13% |
| 2014-12-31 | $41.56M | 10.81% |
| 2014-09-30 | $37.50M | 10.53% |
| 2014-06-30 | $33.93M | 17.62% |
| 2014-03-31 | $28.85M | 15.65% |
| 2013-12-31 | $24.94M | 16.48% |
| 2013-09-30 | $21.41M | 15.17% |
| 2013-06-30 | $18.59M | 19.79% |
| 2013-03-31 | $15.52M | 16.73% |
| 2012-12-31 | $13.30M | 15.68% |
| 2012-09-30 | $11.49M | - |
Wix generated $419.78M in revenue during Q1 2024, up 3.96% compared to the previous quarter, and up 118.23% compared to the same period a year ago.
Wix Revenue Breakdown
Wix Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Business Solutions | $409.66M | $622.83M | $319.36M | $205.30M | $116.60M |
| Creative Subscription | $1.15B | $1.29B | $950.30M | $783.46M | $644.49M |
Wix's latest annual revenue breakdown by segment (product or service), as of Dec 23: Creative Subscription (73.77%), and Business Solutions (26.23%).
Wix Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Asia Pacific | $178.14M | $161.51M | - | - | - |
| Latin America | $64.49M | $56.71M | $55.24M | $51.05M | $51.11M |
| Europe | $380.50M | $350.20M | $195.32M | - | - |
| North America | $938.53M | $819.25M | $414.77M | - | - |
| UNITED STATES | $864.48M | $709.70M | - | - | - |
| Europe and Asia | - | - | $334.68M | $251.60M | - |
| USA | - | - | $588.89M | $481.10M | $363.43M |
| Asia and others | - | - | $148.49M | $122.29M | $99.88M |
| America | - | - | $731.25M | $563.82M | - |
Wix's latest annual revenue breakdown by geography, as of Dec 23: North America (38.68%), UNITED STATES (35.63%), Europe (15.68%), Asia Pacific (7.34%), and Latin America (2.66%).
Wix Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| PANW | Palo Alto Networks | $8.03B | $1.98B |
| CRWD | CrowdStrike | $3.06B | $963.87M |
| CHKP | Check Point Software | $2.41B | $598.80M |
| ZS | Zscaler | $2.17B | $553.20M |
| MDB | MongoDB | $1.68B | $478.11M |
| WIX | Wix | $1.56B | $419.78M |
| PATH | UiPath | $1.31B | $316.25M |
| NET | Cloudflare | $1.30B | $401.00M |
| TENB | Tenable | $798.71M | $221.24M |
| RPD | Rapid7 | $777.71M | $205.10M |
| CFLT | Confluent | $776.95M | $234.99M |
| DOCN | DigitalOcean | $692.88M | $192.48M |
| BAND | Bandwidth | $601.12M | $173.60M |
| OKTA | Okta | $2.26M | $646.00K |
WIX Revenue FAQ
What is Wix’s yearly revenue?
Wix's yearly revenue for 2023 was $1.56B, representing an increase of 12.54% compared to 2022. The company's yearly revenue for 2022 was $1.39B, representing an increase of 9.29% compared to 2021. WIX's yearly revenue for 2021 was $1.27B, representing an increase of 28.41% compared to 2020.
What is Wix’s quarterly revenue?
Wix's quarterly revenue for Q1 2024 was $419.78M, a 3.96% increase from the previous quarter (Q4 2023), and a 12.22% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $403.77M, a 2.52% increase from the previous quarter (Q3 2023), and a 13.73% increase year-over-year (Q4 2022). WIX's quarterly revenue for Q3 2023 was $393.84M, a 0.99% increase from the previous quarter (Q2 2023), and a 13.89% increase year-over-year (Q3 2022).
What is Wix’s revenue growth rate?
Wix's revenue growth rate for the last 3 years (2021-2023) was 23.00%, and for the last 5 years (2019-2023) was 105.19%.
What are Wix’s revenue streams?
Wix's revenue streams in c 23 are Business Solutions, and Creative Subscription. Business Solutions generated $409.66M in revenue, accounting 26.23% of the company's total revenue, down -34.23% year-over-year. Creative Subscription generated $1.15B in revenue, accounting 73.77% of the company's total revenue, down -10.77% year-over-year.
What is Wix’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Wix was Creative Subscription. This segment made a revenue of $1.15B, representing 73.77% of the company's total revenue.