Wix Investor Presentation Deck
Reconciliation of GAAP to Non-GAAP
Financial Measures
in 000s
Research and development (GAAP)
Share Based Compensation
Amortization
Acquisition related expenses
Non-GAAP Research and Development
% of revenue
Selling and marketing (GAAP)
Share Based Compensation
Amortization
Acquisition related expenses
Non-GAAP Selling and Marketing
% of revenue
General and administrative (GAAP)
Share Based Compensation
Amortization
Acquisition related expenses
Sales tax accrual and other G&A expenses
(income)
Non-GAAP General and Administrative
% of revenue
Note: Numbers may not add due to rounding.
Company Overview | Third Quarter 2023
2021
Q1
$95,086
$23,288 $24,490
$92
$1,329
$70,377
23%
$16
$1,823
$77,870
25%
Q2
Q3
Q4
$104,199 $109,323 $116,329
$26,250 $28,028
($108)
$2,223
$80,958
25%
$144,455 $123,021 $119,991
$7,442
$8,213
$471
$8,715
$2,222
$409
$28
$136,576 $114,337 $109,054
45%
36%
34%
$34,394
$12,400
$1
$181
$452
$21,360
7%
$39,411 $38,917
$13,884 $14,048
$1
$1
$416
$248
$579
$341
$24,531 $24,279
8%
8%
$1,937
$86,364
26%
$115,261
35%
$124,560 $156,714
$9,483 $9,875
($184) $812
$56,926
$29,688
$1
$11
2022
Q1
$119,865
$28,720
$320
$26,906
8%
$1,615
$89,530
26%
$146,027
43%
$45,686
$18,158
$1
$3
$172
$27,352
8%
Q2
$121,618
$29,919
$1,092
$90,607
26%
$120,780
$10,019
$821
$109,940
32%
$42,991
$14,646
$36
$189
$28,120
8%
Q3
$120,384
$29,606
$585
$90,193
26%
$117,448
$9,261
$820
$107,367
31%
$42,427
$13,511
$2
$183
$28,731
8%
Q4
2023
Q1
$120,994 $114,943
$32,335 $28,294
$1,656
$87,003
25%
$97,944
$9,559
$821
$87,564
25%
$219
$26,305
7%
$172
$56
$86,477 $86,656
23%
22%
$99,133
$9,558
$820
$88,755
24%
$39,941 $38,517
$13,416 $12,431
$1
$1
Q2
$115,490
$28,778
$308
$25,777
7%
$96,037
$9,652
$821
$85,564
22%
Q3
$125,117
$30,428
$5
$94,684
24%
$100,765
$10,835
$820
$89,110
23%
$37,250 $40,865
$11,751 $13,365
$1
$1
$5
$157
$25,336
6%
$1
$146
$27,352
7%
FY
2020
$320,278 $424,937
FY
2022
$482,861
$76,883 $102,056 $120,580
$477
$3,759
$239,159
24%
FY
2021
$111,915
$38,458
$4
$331
$4,299
$68,823
7%
$7,312
$315,569
25%
$438,210 $512,027
$22,845 $33,853
$1,780 $2,918
$956
$28
$412,629 $475,228
42%
37%
$4,948
$357,333
26%
$492,886
$38,714
$3,274
$450,898
32%
$169,648 $171,045
$70,020 $59,731
$4
$4
$856
$1,692
$97,076
8%
$39
$763
$110,508
8%
25
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