SSTK · Shutterstock, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $199.17M | - | $260.09M | $266.99M | $242.62M | - | $250.59M | $220.05M | $214.31M | - |
| Cost of Revenue | $94.79M | - | $102.56M | $105.99M | $100.89M | - | $104.41M | $91.25M | $88.20M | - |
| Gross Profit | $104.38M | - | $157.54M | $161.00M | $141.73M | - | $146.18M | $128.80M | $126.11M | - |
| R&D | $19.41M | - | $22.37M | $20.75M | $19.86M | - | $28.61M | $19.86M | $21.05M | - |
| SG&A | $67.58M | - | $43.31M | $48.43M | $58.31M | - | $44.02M | $36.39M | $32.08M | - |
| Total Operating Expenses | $230.12M | - | $227.60M | $232.26M | $232.42M | - | $232.44M | $199.39M | $197.57M | - |
| D&A | $22.70M | - | - | - | $22.67M | - | - | - | $21.26M | - |
| Operating Income | ($30.95M) | - | $32.49M | $34.73M | $10.20M | - | $18.15M | $20.67M | $16.75M | - |
| Interest Expense | $3.76M | - | $4.23M | $561.0K | $562.0K | - | $4.45M | $561.0K | $562.0K | - |
| Income Tax | ($1.81M) | - | $18.02M | $13.69M | $1.73M | - | ($88.0K) | $12.94M | $4.27M | - |
| Net Income | ($47.57M) | - | $13.39M | $29.44M | $18.69M | - | $17.61M | $3.63M | $16.12M | - |
| EPS - Basic | ($1.34) | - | $0.38 | $0.84 | $0.54 | - | $0.50 | $0.10 | $0.45 | - |
| EPS - Diluted | ($1.34) | - | $0.37 | $0.82 | $0.53 | - | $0.50 | $0.10 | $0.45 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $162.52M | $178.24M | $165.54M | $116.41M | $112.23M | $111.25M | $131.39M | $74.87M | $71.81M | $100.49M |
| Accounts Receivable | $103.36M | $112.63M | $125.19M | $151.75M | $111.74M | $95.22M | $92.17M | $97.44M | $93.99M | $91.14M |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | $13.53M | $13.90M | $13.94M | $15.99M | $16.12M | $9.22M | $15.08M | $10.54M | $9.37M | $9.11M |
| Current Assets | $321.25M | $338.64M | $336.76M | $308.71M | $264.01M | $255.96M | $277.38M | $240.85M | $258.90M | $292.57M |
| Total Assets | $1.31B | $1.36B | $1.38B | $1.38B | $1.32B | $1.31B | $1.35B | $1.00B | $1.03B | $1.04B |
| Current Liabilities | $629.10M | $628.40M | $630.99M | $634.30M | $615.22M | $625.29M | $663.37M | $432.33M | $432.98M | $452.39M |
| Long-term Debt | $115.90M | $116.64M | $117.38M | $118.12M | $118.86M | $119.60M | $0 | - | - | - |
| Total Liabilities | $779.12M | $774.90M | $781.24M | $790.29M | $777.04M | $790.81M | $825.93M | $483.45M | $487.23M | $508.92M |
| Stockholders' Equity | $532.08M | $581.04M | $594.36M | $586.16M | $547.18M | $518.35M | $522.91M | $520.41M | $541.27M | $527.09M |
| Retained Earnings | $274.82M | $335.17M | $362.89M | $361.21M | $343.39M | $336.20M | $348.08M | $341.07M | $348.11M | $342.65M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $17.37M | - | - | - | $25.25M | - | - | - | $8.30M | - |
| Investing Cash Flow | ($11.15M) | - | - | - | ($11.23M) | - | - | - | ($16.53M) | - |
| Financing Cash Flow | ($19.95M) | - | - | - | ($15.82M) | - | - | - | ($18.63M) | - |
| CapEx | $11.60M | - | - | - | $10.81M | - | - | - | $14.46M | - |
| Free Cash Flow | $5.78M | - | - | - | $14.44M | - | - | - | ($6.16M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 52.4% | - | 60.6% | 60.3% | 58.4% | - | 58.3% | 58.5% | 58.8% | - |
| Operating margin | -15.5% | - | 12.5% | 13.0% | 4.2% | - | 7.2% | 9.4% | 7.8% | - |
| EBITDA margin | -4.1% | - | - | - | 13.5% | - | - | - | 17.7% | - |
| Net margin | -23.9% | - | 5.1% | 11.0% | 7.7% | - | 7.0% | 1.6% | 7.5% | - |
| Free cash flow margin | 2.9% | - | - | - | 6.0% | - | - | - | -2.9% | - |
| FCF / Net income | -0.12 | - | - | - | 0.77 | - | - | - | -0.38 | - |
| R&D / Revenue | 9.7% | - | 8.6% | 7.8% | 8.2% | - | 11.4% | 9.0% | 9.8% | - |
| SG&A / Revenue | 33.9% | - | 16.7% | 18.1% | 24.0% | - | 17.6% | 16.5% | 15.0% | - |
| Effective tax rate | - | - | 57.4% | 31.7% | 8.5% | - | -0.5% | 78.1% | 20.9% | - |
| Return on assets | -3.6% | - | 1.0% | 2.1% | 1.4% | - | 1.3% | 0.4% | 1.6% | - |
| Return on equity | -8.9% | - | 2.3% | 5.0% | 3.4% | - | 3.4% | 0.7% | 3.0% | - |
| Return on invested capital | -3.8% | - | 2.3% | 3.4% | 1.4% | - | 3.5% | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.51 | 0.54 | 0.53 | 0.49 | 0.43 | 0.41 | 0.42 | 0.56 | 0.60 | 0.65 |
| Quick ratio | 0.51 | 0.54 | 0.53 | 0.49 | 0.43 | 0.41 | 0.42 | 0.56 | 0.60 | 0.65 |
| Cash ratio | 0.26 | 0.28 | 0.26 | 0.18 | 0.18 | 0.18 | 0.20 | 0.17 | 0.17 | 0.22 |
| Leverage | ||||||||||
| Debt / Equity | 0.22 | 0.20 | 0.20 | 0.20 | 0.22 | 0.23 | 0.00 | - | - | - |
| Debt / Assets | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 | 0.00 | - | - | - |
| Debt / EBITDA | - | - | - | - | 3.62 | - | - | - | - | - |
| Interest coverage | -8.2x | - | 7.7x | 61.9x | 18.2x | - | 4.1x | 36.8x | 29.8x | - |
| Equity multiplier | 2.46 | 2.33 | 2.31 | 2.35 | 2.42 | 2.53 | 2.58 | 1.93 | 1.90 | 1.97 |
| Liabilities / Assets | 0.59 | 0.57 | 0.57 | 0.57 | 0.59 | 0.60 | 0.61 | 0.48 | 0.47 | 0.49 |
| Efficiency | ||||||||||
| Asset turnover | 0.15 | - | 0.19 | 0.19 | 0.18 | - | 0.19 | 0.22 | 0.21 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | 189d | - | 176d | 207d | 168d | - | 134d | 162d | 160d | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | 52d | - | 50d | 55d | 58d | - | 53d | 42d | 39d | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 56.4x | 23.1x | 35.2x | - | 70.7x | 387.0x | 101.8x | - |
| P / B | 1.1x | - | 1.3x | 1.2x | 1.2x | - | 2.4x | 2.7x | 3.1x | - |
| P / S | 3.0x | - | 2.9x | 2.6x | 2.7x | - | 5.0x | 6.3x | 7.7x | - |
| EV / EBITDA | - | - | - | - | 20.2x | - | - | - | 41.6x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -17.9% | - | 3.8% | 21.3% | 13.2% | - | 7.4% | 5.4% | -0.4% | - |
| Revenue CAGR (3y) | -2.6% | - | 8.4% | 8.9% | 6.8% | - | 8.8% | 5.0% | 5.4% | - |
| Revenue CAGR (5y) | 1.7% | - | 9.5% | 10.9% | 8.5% | - | 9.5% | 6.4% | 5.6% | - |
| Gross profit growth (YoY) | -26.4% | - | 7.8% | 25.0% | 12.4% | - | 5.1% | 3.5% | -8.0% | - |
| Operating income growth (YoY) | - | - | 79.0% | 68.1% | -39.1% | - | 5.6% | 137.1% | -58.5% | - |
| Net income growth (YoY) | - | - | -24.0% | 712.1% | 15.9% | - | -38.0% | -92.8% | -50.9% | - |
| EPS growth (YoY) | - | - | -26.0% | 720.0% | 17.8% | - | -36.7% | -92.7% | -50.0% | - |
| EPS CAGR (3y) | - | - | -16.7% | 15.7% | -9.3% | - | 5.2% | -49.8% | -17.1% | - |
| EPS CAGR (5y) | - | - | -9.8% | 9.1% | 34.6% | - | 29.0% | 2.1% | 16.5% | - |
| FCF growth (YoY) | -60.0% | - | - | - | - | - | - | - | - | - |
| FCF CAGR (5y) | -26.7% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | -2.8% | 12.1% | 13.7% | 12.6% | 1.1% | -1.7% | -1.7% | 0.2% | 13.6% | 17.8% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$989.92M totalReportable Segment$989.92M · 100.0%
Product / service
$989.92M totalContent$786.66M · 79.5%
Data Distribution And Services$203.26M · 20.5%
Geographic
$989.92M totalNorth America$509.12M · 51.4%
Europe$264.66M · 26.7%
All Regions Of The World Except North America And Europe$216.15M · 21.8%
Peer comparison
Same SIC group: Services-Computer Processing & Data Preparation
Comparing Shutterstock against the 5 most active filers in the same SIC group.
Dividends
$1.02/share trailing 12 months · -19.0% YoY
| Ex-date | Per share |
|---|---|
| Mar 5, 2026 | $0.3600 |
| Dec 4, 2025 | $0.3300 |
| Sep 4, 2025 | $0.3300 |
| Jun 5, 2025 | $0.3300 |
| Mar 6, 2025 | $0.3300 |
| Nov 29, 2024 | $0.3000 |
| Aug 29, 2024 | $0.3000 |
| May 30, 2024 | $0.3000 |
| Feb 28, 2024 | $0.3000 |
| Nov 29, 2023 | $0.2700 |
| Aug 30, 2023 | $0.2700 |
| May 31, 2023 | $0.2700 |
| Mar 1, 2023 | $0.2700 |
| Nov 30, 2022 | $0.2400 |
| Aug 31, 2022 | $0.2400 |
| Jun 1, 2022 | $0.2400 |
| Mar 2, 2022 | $0.2400 |
| Dec 1, 2021 | $0.2100 |
| Sep 1, 2021 | $0.2100 |
| Jun 2, 2021 | $0.2100 |
| Mar 3, 2021 | $0.2100 |
| Dec 2, 2020 | $0.1700 |
| Sep 2, 2020 | $0.1700 |
| Jun 3, 2020 | $0.1700 |