In Q1 2024, Wix reported a quarterly revenue of USD 419.8 million, a 12% increase over the previous year. Moreover, Wix reported a total non-GAAP operating income of USD 24 million, compared to a loss of USD 10.4 million in Q1 of FY2023.

During the quarter, Wix announced the launch of three new AI-powered image enhancement tools: AI Image Creator, the Object Eraser, and the AI Image Editor to help users create and customize visual content for their websites.

Additionally, the company launched an AI Portfolio Creator, which enables users to create online professional portfolios using natural language prompts. The solution leverages AI image clustering technology to generate project options with clustered images, suggested titles, and descriptions, and customizable layout options.

Wix also partnered with Global-e Online, a direct-to-consumer ecommerce platform, to offer its merchants access to the latter’s suite of cross-border selling solutions. These include tools for localized checkout, tax calculation and prepayment, local market insights, and multi-currency support.