Wix.com Ltd., a leading SaaS website builder platform, announced its financial results for the second quarter of 2025. The company reported a meaningful improvement in business fundamentals, with new cohort bookings growing 14% year-over-year. The momentum continued as new cohort bookings exiting July achieved over 20% year-over-year growth. For the third quarter of 2025, Wix forecasts total revenue to be in the range of $498 million to $504 million, representing a 12-13% increase compared to the previous year. For the full year 2025, the company expects a non-GAAP total gross margin of approximately 69% and non-GAAP operating expenses to be around 49% of revenue. Despite higher costs associated with AI, marketing, and headcount investments to grow Base44, free cash flow is projected to be between $595 million and $610 million, or 30-31% of revenue. Wix's recent acquisition of Base44 is highlighted as a significant expansion of its total addressable market, aiming to include application development. Base44 is expected to reach $40 million to $50 million in annual recurring revenue by the end of the year, accelerating towards a $100 million milestone. The company cites strong performance in its core business and a stable macroeconomic environment as key factors supporting its confidence in accelerating growth for the remainder of 2025.