Slide 1: Company Overview First Quarter 2026
Company Overview First Quarter 2026 1
Slide 2: Safe Harbor: Forward Looking Statements
Safe Harbor Forward Looking Statements This document contains forward -looking statements, within the meaning of the safe harbor provisions of the Private Securities Li tigation required ; our expectation that we will comply with the restrictions under our Credit Agreement ; our expectation that we
Slide 3: Safe Harbor: Non-GAAP Financial Measures and Key Operating Metrics
Safe Harbor Non -GAAP Financial Measures and Key Operating Metrics To supplement its consolidated financial statements, which are prepared and presented in accordance with U.S. GAAP, Wix uses the as adjusted for the impact of share -based compensation expense, acquisition -related expenses and amort
Slide 4: Company Overview
Company Overview Total registered users 1 Total Consolidated Employees 2 % of revenue from outside North Annualized Recurring Revenue 1 America 3 ~310M ~$ 1.9B ~5,280 ~40% Q1’26 GPV Q 1’26 Transaction Revenue Q 1’26 Partners Revenue Q 1’26 FCF 4 Margin $3.8B $ 70 M $ 203 M 1 As of March 31, 2026; in
Slide 5: Our Vision
Our Vision Where any business, community or person can create their dreams online. Company Overview | First Quarter 2026 5
Slide 6: With a focus on AI development since 2016, we are unlocking new markets
With a focus on AI development since 2016 and continuous innovation, we are unlocking entirely new markets created by AI technology. Company Overview | First Quarter 2026 6
Slide 7: Wix is reshaping online creation in this AI era
Wix is reshaping online creation in this AI era - expanding the world of what ’s possible, from customized websites to powerful business applications. Our goal is to offer products and services that are simply the best option for any type of user and for any type of business. Company Overview | Firs
Slide 8: Expanding into the Future of the Internet with Base44
Expanding into the Future of the Internet with Base44 • Acquired by Wix in June 2025 , Base 44 is a hyper -growth pioneer of AI -powered code generation and multi -agent orchestration. • Base 44 reached $ 100 million of ARR in early March – just one year after its founding and nine months after our
Slide 9: Financial Overview and Update
Financial Overview and Update Company Overview | First Quarter 2026 9
Slide 10: Total Revenue
Total Revenue ($ Millions) +13 % y/y + 14 % y/y 123 Business Solutions Creative Subscriptions $ 1,993 $541 $ 1,761 $524 $ 505 $583 $500 $ 490 $ 1,562 $ 474 $ 460 $ 445 $159 $496 $436 $ 154 $1,388 $420 $ 149 $ 144 $ 410 $400 $ 131 $ 136 $124 $126 $ 348 $115 $300 $ 1,410 $200 $ 382 $ 1,265 $ 356 $ 370
Slide 11: Consistent Total Consolidated ARR Expansion
Consistent Total Consolidated ARR Expansion ($ Millions) + 15% y/y $ 1,903 $ 1,836 $ 1,762 $1,655 $ 1,700 $1,571 $1,607 $ 1,497 $ 1,537 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Q2'25 Q3'25 Q4'25 Q1'26 Note: Total Consolidated Annualized Recurring Revenue (ARR) is the sum of Creative Subscriptions ARR and Busin
Slide 12: Total Bookings
Total Bookings ($ Millions) + 13% y/y Business Solutions Creative Subscriptions +15% y/y $2,070 $700 $ 1,830 $ 585 $593 $600 $ 1,598 $ 535 $ 511 $510 $515 $ 1,472 $ 515 $500 $ 457 $458 $ 450 $ 465 $ 166 $ 423 $159 $351 $ 141 $ 145 $148 $400 $ 123 $ 129 $123 $ 139 $300 $1,477 $ 1,315 $200 $419 $ 1,12
Slide 13: Partners Revenue Growth
Partners Revenue Growth ($ Millions) Partners revenue Up ~ 60 % over past 2 years Partners are an important pillar of Wix’s +19% y/y growth, driven by the successful development of our platform for professionals and a testament to the success of multiple years of investment we have undertaken to att
Slide 14: Transaction Revenue Growth
Transaction Revenue Growth ($ Millions) Up ~44% over past 2 years + 19 % y/y Continued transaction revenue growth driven by steadily increasing take rate as we execute on our monetization initiatives and expand our suite of commerce -enablement tools as well as GPV growth $255 $215 $ 178 $ 70 $ 59 $
Slide 15: Increasing Monetization of User Cohorts
Increasing Monetization of User Cohorts Cumulative Bookings from Q1 User Cohorts ($ Millions) Q1’10 Q 1’11 Q 1’12 Q 1’13 Q1’14 Q1’15 Q 1’16 Q 1’17 Q1’18 Q 1’19 Q 1’20 Q 1’21 Q1’22 Q1’23 Q 1’24 Q 1’25 Q1’26 Innovation and product offering enhancements driving higher monetization and sustained user $3
Slide 16: Efficient Marketing Based on TROI
Efficient Marketing Based on TROI One Time Marketing, Ongoing Bookings … After 1 Quarter … After 5 Quarters … After 9 Quarters … After 13 Quarters … After 27 Quarters 0. 6 x 2.1x 3.7x 5.6x 3.4 x $217 $ 183 $ 90 $ 133 $86 $52 $40 $ 64 $ 36 $ 33 Q1'26 Cohort Q1'25 Cohort Q1'24 Cohort Q1'23 Cohort Q1'2
Slide 17: Existing Cohorts are a Growing Source of Future Bookings
Existing Cohorts are a Growing Source of Future Bookings Actual and Potential Future Bookings From Q1’10 – Q4’25 Cohorts 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 ~$ 20.9 Billion Expected future bookings over next 10 years from existing cohorts Q1'10 Q1'11 Q1'12
Slide 18: Broad Geographic Reach
Broad Geographic Reach FX -Neutral Revenue by Geography (% of total) and Q1’26 Y/Y Growth North America + 12% Y/Y Europe + 9 % Y/Y 61% of total 24% of total Asia and others + 16 % Y/Y 11% of total Latin America +14% Y/Y 4 % of total Note: Q 1’26 Revenue by Geography and Y/Y change based on constant
Slide 19: Increasing Revenue Retention
Increasing Revenue Retention Annual Net Revenue Retention Rate + 105 % Net Revenue Retention in 2025 Cohort revenue retention driven by stickiness of our product platform and increasing monetization 2010 & Prior 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2016 2017 201
Slide 20: Sustained gross profit and disciplined sales and marketing spend
Global strength of Wix brand and proven track record of operational efficiency have driven sustained gross profit and effective, yet disciplined, sales and marketing spend ($ Millions) In June 2025 , we acquired Base 44 and began to strategically lean into capitalizing on its strong top -of -funnel,
Slide 21: Disciplined cost base driving sustained profitability
Disciplined cost base coupled with strong top -line growth driving sustained profitability Non -GAAP Gross Margin Non -GAAP Opex % of revenue 84 % 84% 85 % 84 % 85% 84 % 84 % 84 % 66 % 83% 83 % 82% 80% 61 % 77 % 68% 68 % 69 % 70% 69 % 70 % 69% 68 % 68 % 69% 69 % 53% 53% 66% 52 % 51% 64 % 49% 49 % 50
Slide 22: Free cash flow
Free cash flow ($ Millions) FCF as % of revenue Proven track record of robust free cash $ 605 flow generation as the business meaningfully scaled efficiently on a disciplined operating cost base $ 488 $246 30 % 28% $ 127 $ 132 16% 17% 13% $51 $ 32 4% 2% *Free cash flow and free cash flow margin excl
Slide 23: Appendix
Appendix Company Overview | First Quarter 2026 23
Slide 24: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non -GAAP Financial Measures 2023 2024 2025 2026 FY FY FY FY in 000s Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2022 2023 2024 2025 Revenues $403,771 $419,776 $435,746 $444,673 $460,455 $473,651 $489,930 $505,194 $524,269 $541,171 $1,387,666 $1,561,665 $1,760,650 $1,993,044 Change in De
Slide 25: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non -GAAP Financial Measures 2023 2024 2025 2026 FY FY FY FY in 000s Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2022 2023 2024 2025 Gross Profit $277,658 $282,479 $294,072 $302,645 $316,819 $321,859 $336,590 $345,266 $352,976 $353,366 $861,439 $1,049,137 $1,196,015 $1,356,691 Share Base
Slide 26: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non -GAAP Financial Measures 2023 2024 2025 2026 FY FY FY FY in 000s Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2022 2023 2024 2025 Research and Development (GAAP) $125,743 $124,245 $119,257 $124,593 $127,186 $127,497 $134,735 $172,025 $211,244 $178,218 $482,861 $481,293 $495,281 $645,5
Slide 27: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non -GAAP Financial Measures FY FY FY FY FY FY FY in 000s 2019 2020 2021 2022 2023 2024 2025 Net Cash Provided by Operating Activities $149,564 $148,049 $65,685 $37,152 $248,246 $497,415 $582,858 Capital Expenditures, net ($22,066) ($18,853) ($37,700) ($70,664) ($66,049) ($
Slide 28: Reconciliation of GAAP to Non-GAAP Financial Measures
Reconciliation of GAAP to Non -GAAP Financial Measures in millions Q1’10 Q1’11 Q1’12 Q1’13 Q1’14 Q1’15 Q1’16 Q1’17 Q1’18 Q1’19 Q1’20 Q1’21 Q1’22 Q1'23 Q1'24 Q1'25 Q1'26 Cumulative Cohort Revenue $47 $68 $82 $170 $235 $248 $290 $327 $343 $325 $304 $278 $191 $158 $107 $57 $16 Cumulative Cohort Change
Slide 29: Partners and Transaction Revenue
Partners and Transaction Revenue 2024 2025 2026 FY FY FY in 000s Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 2023 2024 2025 Partners Revenue $138,428 $148,394 $155,160 $168,087 $171,624 $183,316 $192,117 $203,218 $203,3 90 $468,521 $610,069 $750,275 y/y growth 33% 29% 30% 29% 24% 24% 24% 21% 19% 35% 30% 23% 2-year C