UiPath vs Wix: Revenue, Profit and Business Model
UiPath had $1.6B of annual revenue in FY2026 and $282.3M of net income. Wix had $2B of annual revenue in FY2025 and $50.6M of net income.
Latest financial snapshot
Financial summary
UiPath
UiPath's revenue grew from $607.6 million in fiscal 2021 to $1.611 billion in fiscal 2026. After years of GAAP losses, it reported net income of $282 million in fiscal 2026. In the second quarter of fiscal 2027 revenue was $410 million, up 13%, and it was the company's fourth straight GAAP-profitable quarter.
Wix
Wix's revenue grew from $1.27 billion in 2021 to $1.99 billion in 2025, and the company moved from a $424.9 million net loss in 2022 to profits in 2023-2025 ($50.6 million in 2025). Free cash flow excluding acquisition costs was $605 million in 2025, about 30% of revenue, and Wix repurchased $575 million of stock that year. In March 2026 it announced a $250 million equity investment led by Durable Capital Partners. In Q2 2026, revenue rose 15% to $563.1 million, bookings rose 12% to $569.1 million and ARR reached $1.963 billion. Higher AI and marketing costs, plus restructuring charges, produced a GAAP net loss of $76.4 million, and free cash flow fell to $52.6 million. For full-year 2026 Wix expects revenue growth in the low- to mid-teens and a free cash flow margin in the high teens, excluding acquisition and restructuring costs.
Revenue and profit by year
UiPath
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2026 | $1.6B | $282.3M | 17.5% | +12.7% | Source |
| FY2025 | $1.4B | -$73.7M | -5.2% | +9.3% | Source |
| FY2024 | $1.3B | -$89.9M | -6.9% | +23.6% | Source |
| FY2023 | $1.1B | -$328.4M | -31.0% | +18.6% | Source |
| FY2022 | $892.3M | -$525.6M | -58.9% | +46.8% | Source |
| FY2021 | $607.6M | -$92.4M | -15.2% | +80.8% | Source |
| FY2020 | $336.2M | -$519.9M | -154.7% | — | Source |
Wix
| Year | Revenue | Net income | Margin | Growth | Source |
|---|---|---|---|---|---|
| FY2025 | $2B | $50.6M | 2.5% | +13.2% | Source |
| FY2024 | $1.8B | $138.3M | 7.9% | +12.7% | Source |
| FY2023 | $1.6B | $33.1M | 2.1% | +12.5% | Source |
| FY2022 | $1.4B | -$424.9M | -30.6% | +9.3% | Source |
| FY2021 | $1.3B | -$117.2M | -9.2% | +29.0% | Source |
| FY2020 | $984.4M | — | — | +29.9% | Source |
| FY2019 | $757.7M | — | — | +25.5% | Source |
| FY2018 | $603.7M | — | — | +41.8% | Source |
| FY2017 | $425.6M | — | — | +46.7% | Source |
| FY2016 | $290.1M | — | — | — | Source |
Where the revenue comes from
UiPath
- Term software licences
Not formally reported
Licences for robots, developer and user seats, orchestration and AI capabilities such as document processing and agents.
- Cloud and maintenance subscriptions
Not formally reported
Recurring subscriptions to the hosted platform and support. Annual recurring revenue was $1.853 billion at the end of fiscal 2026 and $1.938 billion at July 31, 2026.
- Professional services
Not formally reported
A smaller line covering implementation and training. Total revenue was $1.611 billion in fiscal 2026.
Wix
- Creative Subscriptions
~71% (Q2 2026)
Premium website plans, Wix Studio, bundled domains and Base44 subscriptions.
- Business Solutions
~29% (Q2 2026)
Wix Payments and other transaction revenue, Google Workspace resale, third-party apps and other add-ons.
Business model and strategy
UiPath
How it makes money
UiPath sells its automation platform mainly on a recurring basis. Revenue comes from term software licenses, cloud and maintenance subscriptions, and a smaller professional services line. Customers pay for robots, developer and user seats, orchestration, and AI capabilities such as document processing and agents. The company tracks annual recurring revenue (ARR) as its main operating metric.
Growth strategy
UiPath is positioning its platform as an orchestration layer that coordinates AI agents, deterministic software robots and human approvals inside regulated business processes. It has added industry-specific capabilities through acquisitions, including Peak for AI-driven pricing and inventory decisions in 2025 and WorkFusion for financial crime compliance agents in 2026.
Competitive advantage
A large base of enterprise automation customers and a single platform that combines robots, agents, process discovery and governance.
Wix
How it makes money
Wix runs a freemium model. Anyone can build a site for free, and Wix earns money when users upgrade to premium plans for custom domains, ad removal, more storage, eCommerce and professional tools. It reports two segments. Creative Subscriptions (premium plans, Wix Studio seats, domains bundled with plans and Base44 subscriptions) brought in $398.4 million in Q2 2026 at an 80% GAAP gross margin.
Growth strategy
Wix plans to grow by bringing in new users through AI-first creation tools (Wix Harmony for websites and Base44 for apps). It also wants to sell more Business Solutions, especially payments and commerce, to existing sites, and to keep agencies and resellers building on Wix Studio. In the second half of 2026 it is moving marketing spend from core Wix to Base44, paid for by lower AI costs.
Competitive advantage
Wix has a large free user base that feeds paid upgrades. It also offers a wide range of built-in business tools, including payments, bookings, stores and events, and a professional tier (Wix Studio) for agencies. Base44 gives it an early position in prompt-based app creation, and Wix is building its own AI models (the Harmony model and Base44's Base 1 LLM) to lower inference costs.
Questions about UiPath vs Wix
Which company has higher revenue — UiPath or Wix?
UiPath had $1.6B (FY2026), while Wix had $2.0B (FY2025). By latest annual revenue, Wix is the larger business, with UiPath showing a smaller revenue base. Note: these are from different fiscal years and are not a direct like-for-like comparison.
What is the market cap of UiPath vs Wix?
UiPath's market capitalisation stands at $7.2B, while Wix's is $1.9B. UiPath carries the higher market valuation, reflecting investors' expectations of its future earnings power relative to Wix.
How does revenue per employee compare for UiPath and Wix?
UiPath has $416k / employee in revenue per employee, while Wix has $456k / employee. Headcounts may use different dates, so the ratio alone does not establish which business operates more efficiently.
How do UiPath and Wix make money?
UiPath and Wix generate revenue in fundamentally different ways. UiPath: UiPath sells its automation platform mainly on a recurring basis. Wix: Wix runs a freemium model.
Which company is valued higher relative to revenue — UiPath or Wix?
On a price-to-sales (P/S) basis, UiPath trades at 4.5x P/S and Wix at 1.0x P/S. UiPath commands a higher revenue multiple, typically indicating that investors expect faster growth or higher future margins compared to Wix. A higher multiple is not inherently better — it may also signal that the stock is priced for perfection.
Is UiPath bigger than Wix?
By last reported revenue, Wix ($2.0B (FY2025)) is the larger company compared to UiPath ($1.6B (FY2026)). Revenue scale is one dimension of size — market capitalisation, employee count, and geographic reach are also relevant depending on the context.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the UiPath vs Wix overview