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Wix.com Ltd. (NASDAQ: WIX)

Software - Infrastructure ยท Tel Aviv, Israel ยท Founded 2006

$8.0B
Market Cap
$1.7B
Revenue
5,500
Employees
$0.1B
Net Income
๐Ÿ“Š Key Statistics for Wix.com Ltd. (WIX)
  • Market capitalization: $8.0 billion
  • Annual revenue: $1.7 billion
  • Net income: $0.1 billion
  • Employees: 5,500
  • Sector: Technology
  • Headquarters: Tel Aviv, Israel
  • Founded: 2006

Source: Statvoo company profile for Wix.com Ltd.. Browse all 500+ companies

๐Ÿ“‹ About Wix.com Ltd.

Wix is a cloud-based website builder serving over 250 million registered users across 190 countries. From simple landing pages to full e-commerce stores, Wix provides drag-and-drop tools that let anyone create a website without coding. The company generates over $1.7 billion in annual revenue.

๐Ÿ’ฐ How Wix.com Ltd. Makes Money

Freemium subscriptions โ€” build a basic site free (with Wix branding), pay $17-159/month for custom domains, e-commerce, and premium features. Revenue comes from Creative Subscriptions (website plans) and Business Solutions (payments, email marketing, bookings). The free tier drives massive top-of-funnel adoption.

๐Ÿ“œ Key Milestones

Founded in 2006 in Tel Aviv by Avishai Abrahami, Nadav Abrahami, and Giora Kaplan. Wix went public on NASDAQ in 2013. The company spent heavily on TV advertising (featuring celebrities like Heidi Klum and Jason Statham) to build brand awareness. Profitability arrived in 2023 after years of growth-over-profit spending.

๐Ÿ“Š Financial Overview
Market Capitalization$8.0B
Annual Revenue$1.7B
Net Income$0.1B
Profit Margin6%
Revenue per Employee$309091K
Stock ExchangeNASDAQ
Ticker SymbolWIX

Financial data is approximate and based on most recent annual filings.

๐Ÿ’ก Did You Know?

Wix hosts over 250 million websites โ€” more than any other website builder. The company's AI Site Generator creates full websites from a text description in under a minute. Wix Studio (formerly Editor X) targets professional designers and agencies with advanced design controls.

๐Ÿ“ Analyst Take

Wix is the volume leader in website building, but faces intense competition from Squarespace, Shopify, and WordPress. The pivot to profitability pleased investors after years of losses. AI-generated websites could commoditize the space further, but Wix's scale and ecosystem (apps, payments, marketing tools) create meaningful switching costs.

โ“ Frequently Asked Questions

What is Wix.com Ltd.'s revenue?

Wix.com Ltd. generates approximately $1.7 billion in annual revenue.

How many employees does Wix.com Ltd. have?

Wix.com Ltd. employs approximately 5,500 people worldwide.

What is Wix.com Ltd.'s market cap?

Wix.com Ltd. (WIX) has a market capitalization of approximately $8.0 billion on the NASDAQ.

When was Wix.com Ltd. founded?

Wix.com Ltd. was founded in 2006 and is headquartered in Tel Aviv, Israel.

Who is the CEO of Wix.com Ltd.?

Avishai Abrahami is the current CEO of Wix.com Ltd..

What is Wix.com Ltd.'s website?

Wix.com Ltd.'s official website is wix.com.