Wix.Com Ltd
NASDAQ:WIX
Net Margin
Wix.Com Ltd
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Net Margin Across Competitors
| Country | Company | Market Cap |
Net Margin |
||
|---|---|---|---|---|---|
| IL |
|
Wix.Com Ltd
NASDAQ:WIX
|
8.9B USD |
8%
|
|
| CA |
|
Shopify Inc
NYSE:SHOP
|
142.2B USD |
17%
|
|
| US |
|
Snowflake Inc.
NYSE:SNOW
|
71.4B USD |
-36%
|
|
| US |
|
Cloudflare Inc
NYSE:NET
|
63.5B USD |
-5%
|
|
| US |
|
Verisign Inc
NASDAQ:VRSN
|
26.6B USD |
50%
|
|
| US |
|
GoDaddy Inc
NYSE:GDDY
|
25B USD |
16%
|
|
| ID |
|
DCI Indonesia Tbk PT
IDX:DCII
|
352.8T IDR |
48%
|
|
| US |
|
Twilio Inc
NYSE:TWLO
|
18B USD |
-1%
|
|
| US |
|
Okta Inc
NASDAQ:OKTA
|
17.3B USD |
5%
|
|
| US |
|
MongoDB Inc
NASDAQ:MDB
|
16.6B USD |
-4%
|
|
| US |
|
Akamai Technologies Inc
NASDAQ:AKAM
|
11.4B USD |
11%
|
Wix.Com Ltd
Glance View
In the bustling world of website creation, Wix.Com Ltd. has carved a unique niche for itself by democratizing web development and offering intuitive solutions for individuals and businesses. Founded in 2006, the Israeli company emerged as a trailblazer in the no-code movement, empowering users without technical expertise to build professional-looking websites through its platform. At its core, Wix operates a cloud-based service that provides a multitude of easy-to-use design templates and a drag-and-drop interface, enabling users to design their digital presence with remarkable ease and flexibility. Through this model, Wix appeals to a broad audience—from entrepreneurs and small businesses to creatives and freelancers—looking to establish or enhance their online visibility. The platform's versatility is a cornerstone, offering tools for websites across various sectors such as e-commerce, hospitality, and professional services. Wix generates revenue primarily through its subscription-based model, offering a range of pricing tiers that cater to different user needs—from basic functionality to advanced business solutions. This subscription service includes options like domain hosting and enhanced storage, targeting users who require more robust, scalable capabilities for their online operations. Additionally, Wix has expanded its monetization avenues by offering business solutions like Wix Stores, Wix Hotels, and Wix Bookings, which provide specialized features for e-commerce, hospitality management, and appointment scheduling respectively. The company also capitalizes on app monetization through the Wix App Market, where third-party developers can create and sell applications tailored to enhance users' sites. The combination of a vast ecosystem of products and a scalable subscription model enables Wix to maintain a steady and diversified revenue stream as it continues to expand globally.
See Also
Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.
Based on Wix.Com Ltd's most recent financial statements, the company has Net Margin of 8.2%.
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