• Wix average operating margin for 2023 was -6.9%, a 72.27% decline from 2022.
• Wix average operating margin for 2022 was -24.88%, a 4.23% decline from 2021.
• Wix average operating margin for 2021 was -23.87%, a 48.17% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.