Earnings Summary

Wix.com Ltd’s revenue jumped 10.64% since last year same period to $435.75Mn in the Q2 2024. On a quarterly growth basis, Wix.com Ltd has generated 0% jump in its revenue since last 3-months.

Wix.com Ltd’s net profit jumped 466.57% since last year same period to $39.52Mn in the Q2 2024. On a quarterly growth basis, Wix.com Ltd has generated 0% jump in its net profits since last 3-months.

Wix.com Ltd’s net profit margin jumped 412.08% since last year same period to 9.07% in the Q2 2024. On a quarterly growth basis, Wix.com Ltd has generated 0% jump in its net profit margins since last 3-months.

Wix.com Ltd’s price-to-earnings ratio after this Q2 2024 earnings stands at 141.79.

Wix.com Ltd’s earning per share (EPS) estimates for the current quarter stand at 1.43 - a 5.93% jump from last quarter’s estimates.

Wix.com Ltd’s earning per share (EPS) estimates for the current year stand at 1.43.

Wix.com Ltd’s earning per share (EPS) jumped 32.54% since last year same period to 1.67 in the Q2 2024. This indicates that the Wix.com Ltd has generated 32.54% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Wix.com Ltd’s return on assets (ROA) stands at 0.01.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Wix.com Ltd’s return on equity (ROE) stands at -7.54.