Strong Financial Performance
Total bookings grew to $515 million in Q3, up 14% year over year. Total revenue also grew to $505 million, up 14% year over year, exceeding the high end of guidance.
Rapid Growth of Base 44
Base 44's user base increased sevenfold since June, now serving over 2 million users globally. Base 44 is expected to achieve at least $50 million of ARR by year-end, up from previous expectations.
Increased Market Share in AI-Powered Application Building
Base 44's share of audience traffic in AI-powered application builders increased from low single digits in June to more than 10% in October.
Positive Trends in Core Business
New user cohorts continued strong performance, driving top-line growth and providing a solid foundation for continued growth into Q4 and 2026.
Transaction Revenue Growth
Transaction revenue increased by 20% year over year, driven by 13% growth in GPV and an elevated take rate, with merchants opting for Wix.com Ltd. payments.