Wix shares jumped about 14% on Wednesday after the website-building platform reported fourth-quarter earnings that topped expectations and outlined continued profitability gains, despite a slight revenue miss.
For the fourth quarter, Wix reported earnings of $1.81 per share, beating the consensus estimate of $1.36 per share.
Revenue for the quarter totaled $524 million, up 14% year-over-year but just below consensus estimates of $528 million.
Fourth quarter bookings rose 15% from a year earlier to $535 million, which the company said was driven by momentum from newer customer cohorts and outperformance from its Base44 offering.
Base44 recently reached $100 million in annual recurring revenue, supported by a growing community of users building applications and customized business software, the company said.
Looking ahead, Wix said it anticipates “healthy mid-teens top-line growth” in 2026 as it advances product initiatives, including Base44 and Wix Harmony. The company noted that Harmony is demonstrating strong early conversion and monetization, contributing to accelerating bookings growth from new core Wix cohorts in early 2026.
Wix expects free cash flow margin to be in the low- to mid-20% range in 2026, reflecting planned investments aimed at expanding its product offerings and market opportunity.
The company also said it plans to complete the majority of its $2 billion share repurchase program in 2026.
Separately, Wix announced it has entered into a definitive agreement for a private placement expected to generate up to $250 million in gross proceeds, led by Durable Capital Partners. The transaction includes up to $150 million from Durable Capital Partners and underscores what the company described as shared conviction in Wix’s long-term strategy.
“We exited 2025 with healthy momentum, setting us up for continued growth in 2026,” Wix chief financial officer Lior Shemesh said in a statement. “We expect 2026 to be a pivotal year as we make category-defining innovations and expand our leadership across the broader online ecosystem as AI tech increasingly makes the impossible now possible, setting the foundation for long-term growth acceleration.”