Data source
SEC filings for Wix and Shopify
Public companies report revenue to the US Securities and Exchange Commission, which publishes it through a free API. We add up these two companies' annual revenue.
Provides measurements used by the linked signal.
Revenue from filings on SEC EDGAR.
Visit the sourceUsed for: No-code revenueLicense: US government public data
Combined revenue, 2025$13.5B
Year over year+27%
Wix, 2025$2B
Shopify, 2025$11.6B
What the data shows
Computed from every record, as of 2025.
- Wix and Shopify earned $13.5B in 2025, +27% on the year before.
- Most of this is not a direct measure of building without code, especially at Shopify.
Revenue per year
| Year | Wix | Shopify | Combined |
|---|---|---|---|
| 2020 | $1B | $2.9B | $3.9B |
| 2021 | $1.3B | $4.6B | $5.9B |
| 2022 | $1.4B | $5.6B | $7B |
| 2023 | $1.6B | $7.1B | $8.6B |
| 2024 | $1.8B | $8.9B | $10.6B |
| 2025 | $2B | $11.6B | $13.5B |
Limitations
- It covers two companies, and private no-code businesses publish no comparable numbers.
- Revenue reflects pricing, payments and shopping as well as how many people build without code.