TLDR
- Wix reported Q4 2025 revenue of $524.3M, up 14% year-over-year, but missed analyst estimates of $528.13M.
- Non-GAAP EPS came in at $1.81, beating the consensus estimate of $1.42 by $0.39.
- Base44, acquired nine months ago, has already hit $100M in annual recurring revenue (ARR).
- Wix secured a $250M private placement led by Durable Capital Partners, with the deal expected to close March 5, 2026.
- The company plans to complete the majority of its $2 billion share repurchase program by end of 2026.
Wix posted Q4 2025 results that showed a mixed picture — earnings beat, revenue miss — but the company came in with strong momentum on its newer AI products and a fresh $250 million injection from institutional investors.
$WIX Q4’25 EARNINGS HIGHLIGHTS
🔹 Revenue: $524.3M (Est. $528.13M)
🔹 EPS: $1.81 (Est. $1.42)
🔹 Base44 reach $100m+ ARRFY’26 Outlook:
🔹 Revenue growth: mid-teens % Y/Y (est. 14.2% YoY)
🔹 Bookings growth: mid-teens % Y/Y
🔹 FCF margin: low- to mid-20% (excluding acquisition— Ricky Oracle (@da_degen_oracle) March 4, 2026
Revenue for Q4 came in at $524.3 million, up 14% year-over-year, but fell short of the $528.13 million analyst consensus. The EPS beat was more impressive: non-GAAP diluted EPS of $1.81 versus the expected $1.42 — a $0.39 outperformance.
For the full year 2025, total revenue reached $1.99 billion, up 13% year-over-year. Full-year non-GAAP net income was $441.6 million, or $7.32 per diluted share.
Free cash flow for the full year was $573 million, or $605.1 million when excluding acquisition-related costs — representing 30% of revenue. That’s a number worth paying attention to.
Q4 bookings came in at $534.5 million, up 15% year-over-year. Business Solutions revenue grew the fastest at 18% year-over-year, reaching $153.8 million in the quarter. Partners revenue was the standout, up 21% year-over-year to $203.2 million for Q4.
Total ARR stood at $1.836 billion at the end of Q4, also up 14% year-over-year. Wix ended 2025 with 304 million registered users and 6.11 million total premium subscriptions, including Base44.
Base44 Hits $100M ARR
Base44, the no-code software development platform Wix acquired nine months ago, has already crossed $100 million in ARR. That’s a fast ramp for an acquisition that closed less than a year ago.
Wix is positioning Base44 as a TAM-expander — moving the company beyond website creation into software applications. CEO Avishai Abrahami pointed to Base44 as a core part of what he called “the world of what’s possible on Wix.”
Wix Harmony, the company’s AI-driven website creation product, is also showing early traction. The company says Harmony is delivering better-than-expected conversion and monetization, with new cohort bookings growth accelerating in early 2026.
For 2026, Wix is guiding for mid-teens top-line growth and free cash flow margin in the low-to-mid 20% range. The company flagged that higher investment levels will weigh on FCF margins as it funds Harmony and Base44 development.
$250M Private Placement
Wix announced a $250 million private placement led by Durable Capital Partners, with up to $150 million coming directly from Durable. The deal prices units at a 5% discount to the March 4 closing price, with warrants attached at a 25% premium. The warrants expire in three years.
J.P. Morgan acted as exclusive placement agent. The transaction is expected to close on March 5, 2026.
In Q4, Wix repurchased approximately 750,000 ordinary shares for $100 million at a weighted average price of $133.56. The company completed $575 million in buybacks across all of 2025 and plans to execute the bulk of its $2 billion repurchase program before the end of 2026.
WIX stock closed at $74.36 on the day of reporting, down 25.80% over the prior three months and 62.36% over the past year.





