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WIXBullishCorporate Developmentsnews

High materiality8/10

Wix Reports Strong Q1 Growth and Robust Cohort Performance

May 13, 2026, 1:03 AM EDT2 sourcesAI-analyzed

Why it may matterVerify against the original reporting

Wix's rising revenue, bookings, and innovative AI solutions indicate potential for positive price movement. Historical instances of strong earnings reports have often led to stock price increases.

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What happened, with direct paths to the underlying reporting

Wix.com reported a 15% increase in Q1 bookings, reaching $585 million. The company remains bullish about maintaining mid-teens growth for the year despite external challenges, further supported by strategic innovations in AI and a significant share repurchase program.

Q1 bookings increased 15% to $585 million, revenue up 14%.
New user cohort bookings rose nearly 50% year-over-year.
Wix Harmony's AI model enhances site performance and lowers costs.
Share repurchase program effectively reduced outstanding shares by 30%.
Company maintains full-year guidance for mid-teens growth.

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