Wix is reaffirming its full-year 2026 revenue and bookings guidance, despite softness in its Partners segment. The company anticipates low-double-digit revenue growth for Q3 2026 and expects significant improvements in Base44's gross margins and overall FCF margin, driven by AI cost savings and strategic reinvestment.
Wix has reaffirmed its full-year 2026 guidance for revenue and bookings, projecting low-to-mid teens revenue growth and low-teens bookings growth. This update is significant as it provides clarity on the company's financial trajectory amidst 'Partners softness,' which is impacting bookings more immediately. The company expects strong performance from its Base44 segment, with improved gross margins, and plans to reinvest AI cost savings into Base44 sales and marketing to capture additional market share. This strategic shift aims to capitalize on Base44's better margin profile and elevated demand, while offsetting increased S&M with lower AI costs and reduced core Wix S&M. For traders, the reaffirmation of guidance, coupled with strategic reinvestment and expected margin improvements, suggests a stable outlook, but the 'Partners softness' remains a watchpoint for potential future impacts on bookings growth.