Strong Revenue Growth
Total revenue grew to $490 million, up 12% year-over-year and above the high end of guidance.
Partner Revenue Surge
Partner revenue grew 24% year-over-year to $183 million, driven by continued adoption in the professional audience segment.
AI Innovation and Adoption
Increased adoption of AI across the platform with new proprietary algorithms and the introduction of 'vibe coding' through the acquisition of BASE44.
BASE44 Acquisition Success
BASE44 is on track to generate $40 million to $50 million of ARR by the end of this year, with expectations to reach $100 million ARR.
Improved Gross Margin
Total non-GAAP gross margin in Q2 was 70%, up from 69% in Q1, due to productivity benefits from AI solutions.
Strong Cohort Performance
New user cohort bookings grew more than 20% in July compared to the previous year, with more than 5 million new users onboarded in Q2, up 6% year-over-year.
Free Cash Flow and Share Repurchase
Q2 free cash flow was $148 million or 30% of revenue, with approximately 646,000 Wix ordinary shares repurchased for nearly $100 million.