Company Description
Wix.com Ltd. (Nasdaq: WIX) is a global software-as-a-service (SaaS) platform for creating, managing, and growing a complete digital presence. Founded in 2006, Wix focuses on empowering users with tools to build and operate their online presence, from websites and applications to commerce and payments. According to the company, it serves self-creators, agencies, enterprises and other users, combining advanced AI, flexible design capabilities, and business and commerce features to help them build brands, connect with audiences, and scale online.
Wix is described in industry classification data as operating within Custom Computer Programming Services in the broader Professional, Scientific, and Technical Services sector. Its shares trade on the Nasdaq Global Select Market under the symbol WIX, and the company reports to the U.S. Securities and Exchange Commission as a foreign private issuer on Form 20-F and Form 6-K.
Core platform and business focus
The Wix platform is built to support the full lifecycle of a user’s digital presence. The company highlights its role in enabling users to create websites and applications through a content management system delivered as SaaS. Wix is known for its Wix Editor, which is tailored to self-creators who design and manage their own sites, and for Wix Studio, which is aimed at partners such as agencies and developers building for clients. These offerings reflect a focus on both individual users and professional creators.
Beyond site creation, Wix emphasizes business and commerce solutions that help users operate online. The company states that it offers solutions that connect websites to commerce, bookings, and payouts infrastructure, so that payments, orders, and related activities can be managed directly within Wix. This approach is intended to simplify workflows for business owners who want to run their operations from a single platform.
AI, no-code development, and Base44
Wix positions itself as using advanced AI to make sophisticated digital creation more accessible. The platform includes an AI-powered website builder, and the company highlights no-code application creation through its product Base44. According to Wix, Base44 brings natural-language development to applications and is part of its broader mission to democratize technology by reducing complexity for users.
In its communications, Wix describes Base44 as a next generation AI and natural-language development environment that extends the company’s long-standing goal of giving people access to advanced technology. Base44 is integrated into the company’s broader "Creative Subscriptions" and "Business Solutions" businesses, and Wix has indicated that Base44 is expected to be a meaningful growth driver over time.
Segments and user groups
Wix’s public disclosures refer to two major business categories: Creative Subscriptions and Business Solutions. Creative Subscriptions include subscriptions to Wix’s core website creation and related offerings, including Base44. Business Solutions include products and services that support commerce and operations, such as payments and multi-channel commerce tools. The company also highlights Partners revenue, which it defines as revenue generated through agencies and freelancers that build sites or applications for others, as well as through B2B partnerships with resellers.
Within its user base, Wix explicitly identifies several groups: self-creators building their own online presence, agencies and freelancers who build for clients, enterprises, and partners such as resellers. The company notes that its platform is used by small businesses and a wide variety of creators on the internet, and that demand from new user cohorts is an important driver of bookings and revenue.
Commerce, payments, and financial solutions
Wix has developed Wix Payments, which it describes as its fully integrated payment solution. Wix Payments allows businesses to securely accept and manage payments directly on their Wix websites. The company states that users can offer major credit and debit cards, Apple Pay, Google Pay, Tap to Pay on iPhone and Android, PayPal, and other popular methods, with these payment capabilities connected to Wix’s commerce, bookings, and payouts infrastructure.
Wix Payments has operated in Europe since 2019, and the company has announced an expansion of local payment options across multiple European countries through collaboration with Stripe. As part of this expanded offering, Wix businesses in certain markets can offer locally preferred payment methods and manage operations through a unified experience on Wix. The company also notes that Wix businesses in the United Kingdom can unify online transactions with point-of-sale (POS) functionality to obtain a holistic view of operations across channels.
In its financial disclosures, Wix defines transaction revenue as a portion of Business Solutions revenue generated through transaction facilitation, primarily from Wix Payments, as well as Wix POS, shipping solutions, multi-channel commerce, and gift card solutions. This indicates that payments and commerce-related tools are a significant component of the company’s Business Solutions segment.
AI commerce and ecosystem partnerships
Wix has announced several collaborations aimed at positioning its merchants within emerging AI-driven commerce channels. Through an integration with Stripe’s Agentic Commerce Suite, Wix merchants are expected to be able to sell across multiple AI agents with a single, low-code setup. The company frames this as a way for businesses on Wix to participate in agentic commerce as AI reshapes how customers discover and buy products.
In addition, Wix has entered into a strategic collaboration with PayPal related to PayPal’s agentic commerce services. Under this collaboration, Wix merchants will be able to make their product catalogs discoverable on certain AI large language model (LLM) shopping surfaces and accept payments through PayPal’s agentic commerce solution. The company highlights benefits such as reaching shoppers on AI channels and agents, maintaining the merchant’s brand visibility and customer relationships, and using a single PayPal integration to access multiple AI shopping experiences.
Wix’s technology is also used in partnership offerings. For example, Broadridge Financial Solutions has described using Wix-powered, mobile-first websites with built-in compliance review processes and performance insights as part of its advisor marketing solutions. This illustrates how Wix’s website technology can be integrated into third-party platforms serving specific professional verticals.
Capital markets activity and corporate structure
Wix is organized as a foreign issuer and files periodic reports with the SEC, including Form 20-F and multiple Form 6-K current reports. In its filings, the company has disclosed convertible senior notes due 2030 issued in a private offering to qualified institutional buyers. These notes are senior unsecured obligations of the company and are convertible into cash, ordinary shares, or a combination, subject to specified conditions and terms described in the related indenture.
The company has also reported entering into capped call transactions related to these convertible notes, which are intended to reduce potential dilution to ordinary shares upon conversion and/or offset cash payments in excess of principal, subject to a cap. In addition, Wix has disclosed share repurchase activity funded in part by the proceeds of the notes and has announced increases to its share repurchase program.
Wix holds annual general meetings of shareholders, where resolutions such as director elections, director compensation arrangements, and the appointment of independent registered public accounting firms are presented for shareholder approval. The company’s principal executive offices are located in Tel Aviv, Israel, and it identifies itself in SEC filings as Wix.com Ltd.
Financial reporting and key metrics
In its investor communications and SEC-furnished materials, Wix discusses a range of non-GAAP financial measures and operating metrics that it uses for financial and operational decision making. These include bookings, cumulative cohort bookings, revenue on a constant currency basis, non-GAAP gross margin, non-GAAP operating income (loss), non-GAAP net income (loss), free cash flow, and various non-GAAP expense measures. The company provides definitions and reconciliations for these metrics and explains that it uses them to evaluate period-to-period comparisons and to enhance understanding of its operating performance.
Wix also highlights the performance of its Creative Subscriptions and Business Solutions categories, as well as Partners revenue, in its quarterly results. It has emphasized the behavior of new user cohorts, demand for its platform, and the contribution of Base44 to bookings and revenue growth. While specific financial figures change over time, the recurring themes in its disclosures include subscription-based revenue, transaction-based revenue from payments and commerce, and the importance of partner and agency ecosystems.
Role in the digital presence and website-building market
Across its press releases and investor materials, Wix consistently describes itself as a leading global platform for creating, managing, and growing a complete digital presence and as a SaaS website builder platform. The company’s offerings span website creation, AI-powered site and application building, integrated payments, commerce tools, and partner-focused solutions such as Wix Studio. Its collaborations with financial technology providers and enterprise partners show how the platform can be embedded into broader ecosystems, particularly where website creation, compliance, and digital marketing are important.
For investors and users researching WIX stock, the company’s disclosures underscore its focus on enabling online presence and commerce for a broad range of users, from individual self-creators to agencies, enterprises, and specialized partners. Its business model is rooted in SaaS subscriptions, business solutions tied to commerce and payments, and partnerships that extend the reach of its technology into new channels and industries.