Wix Beats on Q3 Revenue and Adjusted EPS, Lifts Outlook as GAAP Turns to a Small Loss

Higher tax plus acquisition expense tipped results into a small GAAP loss despite stronger free cash flow.

Overview

Revenue rose to $505.2 million, topping the $502 million consensus and increasing from $444.7 million a year earlier.
Adjusted earnings were $1.68 per share versus $1.49 expected, and free cash flow excluding acquisition costs reached $159 million, above the $153 million forecast.
Wix reported a GAAP net loss of $0.589 million and a negative GAAP operating result, with $32 million tied to Base44 and HourOne acquisitions and a higher tax bill weighing on results.
Business Solutions accelerated to 20% year-over-year growth, while management increased marketing tied to acquisitions and branding, according to BofA’s readout.
Guidance calls for Q4 revenue of $521 million to $531 million and full‑year revenue of $1.99 billion to $2.0 billion; BofA cut its price target to $170 but kept Buy, as Benchmark ($230) and Needham ($200) also maintained Buy ratings.