Overview
- Fourth‑quarter revenue rose 14% year over year to $524 million, and the company generated $155 million in free cash flow in the period.
- Management guided to mid‑teens growth for 2026 revenue and said full‑year bookings are also expected to grow in the mid‑teens.
- The company plans to complete most of its $2 billion share repurchase authorization this year after buying back $575 million through the end of 2025.
- Base44 surpassed $100 million in annual recurring revenue, and Wix highlighted AI features such as vibe‑coding with a ChatGPT integration as growth drivers.
- Profitability weakened, with full‑year net income down 63% to $50.6 million and a Q4 net loss of $40.2 million, while Cantor Fitzgerald maintained an Overweight rating and a $130 price target after an EPS beat.