Economy · Full coverage

Wix Beats Q2 2026 Forecasts Despite Layoffs and Annual Guidance Cut

How 2 Israeli newsrooms covered this story — translated into English and compared side by side.

Unrated 2

First reported by Calcalist · 3 hours ago

What happened

Wix reported better-than-expected Q2 2026 results with 14.9% revenue growth to $563 million and a Non-GAAP profit of $68.2 million despite a GAAP net loss and recent layoffs. The company continues to invest in its Base44 acquisition and Wix Harmony platform, expecting continued growth and improved profitability in the second half of the year.

01Wix’s Q2 2026 revenue grew 14.9% to $563 million, beating analyst estimates by $10 million.
02The company posted a GAAP net loss of $76.4 million but a Non-GAAP profit of $68.2 million.
03Wix laid off nearly 1,000 employees, reducing headcount to 4,371 by quarter-end.
04Base44 continues strong growth with expected 60% gross margin in H2 2026, boosting Wix’s profitability.
05Wix plans increased marketing for Base44, offset by lower AI costs and reduced Wix marketing spend.
06CEO Avishai Abrahami highlighted investments in Wix Harmony and Base44’s Base1 language model for scalable growth.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

In this story

People