Wix.Com Ltd
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Gross Margin
Wix.Com Ltd
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | IL |
Market Cap | 11.8B USD |
Gross Margin |
68%
|
Country | CA |
Market Cap | 137.1B USD |
Gross Margin |
51%
|
Country | US |
Market Cap | 57.8B USD |
Gross Margin |
68%
|
Country | US |
Market Cap | 35.4B USD |
Gross Margin |
78%
|
Country | US |
Market Cap | 27B USD |
Gross Margin |
64%
|
Country | US |
Market Cap | 24.5B USD |
Gross Margin |
74%
|
Country | US |
Market Cap | 17.7B USD |
Gross Margin |
88%
|
Country | US |
Market Cap | 15.9B USD |
Gross Margin |
51%
|
Country | US |
Market Cap | 13.9B USD |
Gross Margin |
60%
|
Country | US |
Market Cap | 13B USD |
Gross Margin |
76%
|
Country | US |
Market Cap | 7.7B EUR |
Gross Margin |
38%
|
Wix.Com Ltd
Glance View
Wix.com Ltd. is a dynamic player in the burgeoning field of website development, providing users with an intuitive platform to build and manage their online presence with unparalleled ease. Founded in 2006, the company democratizes web design by offering a suite of tools allowing individuals and small businesses to create stunning websites without the need for coding skills. With over 200 million users globally, Wix has established itself as a go-to solution for entrepreneurs looking to enhance their digital footprint. The company's impressive growth trajectory is underpinned by its commitment to innovation, regularly introducing new features such as artificial intelligence-driven design tools, e-commerce capabilities, and enhanced SEO functionality, all aimed at empowering users to thrive in the digital landscape. For investors, Wix's attractive business model combines a subscription-based revenue stream with robust customer retention rates, fostering predictable income growth. The company's focus on expanding its product offerings and enhancing user experience has allowed it to maintain a competitive edge in a crowded marketplace. Furthermore, Wix's strategic partnerships and acquisitions bolster its technology and service capabilities, positioning it well for sustained growth. As the global demand for online presence continues to surge, Wix is poised to capture an increasingly larger market share, making it an appealing investment opportunity for those looking to tap into the digital transformation trend.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Wix.Com Ltd's most recent financial statements, the company has Gross Margin of 67.7%.