Wix.com Ltd.

Wix.com Ltd. announced a partnership with Elavon, a wholly owned subsidiary of U.S. Bank, to expand Elavon Business Solutions (EBS). This collaboration will offer new unified commerce solutions designed to streamline online and in-person sales, bookings, inventory, and payments for small businesses. The partnership combines Elavon's payment capabilities with Wix's website creation and unified commerce technology, providing a tiered structure (Launch, Grow, Scale) to meet diverse business needs.

Wix.com Ltd. announced a collaboration with Microsoft to integrate Wix Harmony website creation into Microsoft 365 Copilot. This integration allows users to generate complete, production-ready Wix Harmony websites directly within Copilot using voice or text commands, eliminating the need to switch between tools. The collaboration provides access to the full Wix ecosystem, enabling businesses to manage their digital presence, business logic, and performance analytics within the Microsoft 365 interface.

Wix.com announced that Wix Headless has been named a provider in Stripe Projects, enabling developers and AI agents to provision a complete Wix business backend directly from the Stripe Projects command-line interface. This integration offers a faster path from a business idea to a live, revenue-ready operation, allowing developers to provision a full Wix business backend including commerce, bookings, CMS, CRM, events, and memberships through a single flow. Wix acted as a co-design and launch partner in the Stripe Projects developer preview, ensuring secure and repeatable setup for users.

Wix.com Ltd. announced an organizational realignment to streamline operations, reallocate resources, and focus on profitable growth. This includes scaling down certain activities and a reduction in its workforce by approximately 20%, or 1,000 employees. Despite an expected reduction in FY 2026 bookings and revenue, the company anticipates significant cost savings and has increased its FY 2026 free cash flow outlook to approximately $420 million.

Wix.com Ltd. announced a partnership with OpenAI, becoming an official plugin for the Codex Enterprise launch. This integration connects OpenAI's agentic platform directly to Wix Headless, enabling users to transform AI-generated designs into fully operational, revenue-ready businesses without leaving Codex. The dedicated Wix plugin leverages Wix's full suite of backend business capabilities, including Wix Stores, Bookings, Events, CMS, and Payments, and incorporates a compliance and safety layer for agentic commerce, handling legal and operational risks.

Wix.com Ltd. reported strong first-quarter 2026 financial results, with revenue increasing 14% year-over-year to $541.2 million and bookings up 15% to $585.0 million. The company completed a significant capital allocation move, repurchasing approximately 30% of its outstanding shares for $1.6 billion in early April. Key drivers included new user cohort momentum, particularly from Base44, and advancements in AI with Wix Harmony now powered by a proprietary AI model. Wix reiterated its full-year 2026 outlook for mid-teens bookings and revenue growth, despite some near-term challenges.

Wix.com Ltd. announced that its management will participate in a fireside chat at the 2026 Jefferies Software, Internet, and AI Conference. The event is scheduled for May 27 at 12 pm PDT (9:00 am EDT) and will be accessible via live audio webcast and archived replay on the company's investor relations website.

Wix.com Ltd. announced it will release its first quarter 2026 financial results before the market opens on Wednesday, May 13, 2026. Following the release, management will host a conference call at 8:30 a.m. ET to discuss the results and address investor questions. A press release, shareholder update, and other materials will be available on the company's investor relations website prior to the call.