Wix.com (NASDAQ: WIX) shares jumped more than 15% intra-day Wednesday after the website development platform reported fourth-quarter results highlighted by solid profitability and strong bookings growth.
Revenue for the quarter totaled $524.3 million, representing a 14% year-over-year increase and roughly in line with analyst expectations of $527.9 million.
Non-GAAP operating income reached $81.2 million, exceeding the consensus estimate of $77.1 million.
Adjusted gross profit came in at $358.8 million, ahead of the $353.2 million forecast, while adjusted gross margin reached 68%, above expectations of 67.1%.
Fourth-quarter bookings totaled $535 million, marking a 15% increase compared with the same period last year.
Looking ahead, Wix expects revenue growth in the mid-teens during 2026. The company also forecasts a free cash flow margin in the low-to-mid-20% range for the year.
Management said it intends to complete most of its $2 billion share repurchase program during 2026. In addition, the company recently secured a $250 million equity investment led by Durable Capital Partners.
