What were Wix.com’s (NASDAQ:WIX) total revenues for Q1 2026?

Wix.com reported Q1 2026 revenue of $541.2 million, reflecting a 14% year-over-year increase. This growth was driven by the company's strategic pivot toward artificial intelligence and capital consolidation.

How did Wix’s Total Annual Recurring Revenue (ARR) perform in Q1 2026?

Wix’s Total ARR reached $1.903 billion, up 15% year-over-year. This growth was largely driven by the integration of the Base44 no-code platform and the rollout of the "Wix Harmony" AI model.

What capital restructuring did Wix undertake in Q1 2026?

Wix completed a $1.6 billion modified Dutch Auction tender offer in April 2026, repurchasing 17.5 million shares at $92 per share. This move retired approximately 30% of the company’s outstanding share capital, significantly reducing the number of shares outstanding.

How did Wix’s revenue segments perform in Q1 2026?

Wix saw balanced growth across its segments, with Business Solutions revenue rising 17% to $158.8 million and Partners revenue surging 19% to $203.4 million. This reflects the strength of Wix’s diversified business model.

What drove Wix’s bookings growth from new user cohorts in Q1 2026?

Wix reported a 46% year-over-year increase in bookings from new user cohorts, which management attributed to the strength of the Base44 platform. This indicates successful customer acquisition and retention.

Tech

Wix Q1 revenue climbs 14% to $541.2 million

Written by Brie CarterPublished May. 13 2026Last Updated May. 13 2026

Wix.com (NASDAQ:WIX) reported a 14% increase in first-quarter revenue to $541.2 million, as the company aggressively pivots toward proprietary artificial intelligence and capital consolidation.

The Tel Aviv-based web development leader ended the period with Total Annual Recurring Revenue (ARR) of $1.903 billion, up 15% year-over-year, driven largely by the integration of its Base44 no-code platform and the rollout of its "Wix Harmony" AI model.

The quarter was defined by a massive restructuring of the company’s capital base.

In April, Wix completed a $1.6 billion modified Dutch Auction tender offer, repurchasing 17.5 million shares at $92 per share.

The move retired approximately 30% of the company's outstanding share capital, a significant bet on its own valuation that leaves the firm with 41.8 million shares outstanding as of mid-May.

Operationally, Wix saw balanced growth across its segments.

Business Solutions revenue rose 17% to $158.8 million, while Partners revenue surged 19% to $203.4 million.

The company also reported a 46% year-over-year increase in bookings from new user cohorts, a metric management credited to "Base44 strength."

Creative Subscriptions maintained a robust 80% non-GAAP gross margin, even as the company scaled its native AI assistant and Figma-to-web integrations.

While Wix reported a GAAP net loss of $57.5 million for the quarter—reflecting acquisition and restructuring costs—it achieved a non-GAAP net income of $42.5 million, or $0.68 per diluted share.

Free cash flow stood at $75 million, though it would have reached $112.3 million (21% of revenue) excluding one-time acquisition-related expenses.