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NYSE · Technology

Shutterstock, Inc. (SSTK)

As-reported financials and SEC filings for Shutterstock, Inc. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Shutterstock, Inc.

Shutterstock, Inc. operates a global creative platform that connects brands and businesses with high-quality digital content, including images, video footage, music, and 3D models. The company licenses this content to customers and compensates contributors based on download activity. Shutterstock also offers metadata licensing, distribution and advertising services through its Giphy platform, custom content production via Shutterstock Studios, and other tailored services to support creative processes for a diverse customer base.

Snapshot

Revenue
$989.9M
Revenue growth (YoY)
5.8%
Net income
$45.5M
Diluted EPS
$1.25
Gross margin
58.9%
Operating margin
7.6%
Net margin
4.6%
FCF margin
12.5%
ROE
7.8%
net income / fiscal-year-end equity
P/E
4.8×
trailing when available, otherwise FY EPS
Market cap
$220.6M
Long-term debt / equity
0.20×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Shutterstock

  • Revenue grew 5.8% to $990M in FY2025, in line with the 6.9% the year before.
  • Operating margin is 7.6% in FY2025, -6.4 pp against 14.0% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $222M, down 16.9% from Q2 FY2025.
  • Free cash flow was $124M in FY2025, 12.5% of revenue.
  • Net income rose 26.6% to $45M in FY2025.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Shutterstock’s fundamentals sit among the 332 software companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin58.9%
38th percentile of 264
Operating margin7.6%
65th percentile of 303
Net margin4.6%
57th percentile of 307
FCF margin12.5%
46th percentile of 285
Revenue growth (YoY)+5.8%
35th percentile of 325
ROE7.8%
60th percentile of 285
P/E4.8×
6th percentile of 169
Long-term debt / equity0.20×
33rd percentile of 127
Short interest1.84d
26th percentile of 330

Shutterstock’s P/E of 4.8 ranks in the 6th percentile of the 169 peers with a meaningful P/E.

No reported insider transactions (codes P/S) in the last 90 days. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among industry peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 6 quant / multi-strat books among the superinvestors we track; no conviction manager currently reports a position.

Conviction investors
0
+6 quant / multi-strat
Initiated / added
4
2 new, 2 added
Reduced / exited
2
2 trimmed, 0 exited
Combined position
$10.9M
reported long value
InvestorAs ofPosition valueSharesChange
Millennium ManagementquantQ2 2026$3.4M245.7KAdded
AQR Capital ManagementquantQ2 2026$2.6M187.5KReduced
D. E. ShawquantQ2 2026$2.4M168.9KNew
Renaissance TechnologiesquantQ2 2026$1.0M73.2KReduced
Citadel AdvisorsquantQ2 2026$876,22762.8KAdded
Point72 Asset ManagementquantQ2 2026$626,84344.9KNew

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
2.2M
settled 2026-08-14
Change vs prior
+42.8%
vs previous settlement
Days to cover
1.84
at avg daily volume
Avg daily volume
1.2M
FINRA reported
SettlementShares shortChangeDays to cover
2026-08-142.2M+42.8%1.84
2026-07-311.6M+25.9%1.05
2026-07-151.2M+6.3%1.00
2026-06-301.2M+5.3%2.07
2026-06-151.1M+1.8%1.26
2026-05-291.1M-5.8%2.79
2026-05-151.2M+12.1%3.98
2026-04-301.0M-42.7%4.22

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$989.9M$935.3M$874.6M$827.8M$773.4M
Gross profit$583.1M$539.0M$522.0M$513.5M$495.8M
Operating income$75.1M$68.7M$68.4M$93.6M$108.1M
Net income$45.5M$35.9M$110.3M$76.1M$91.9M
Diluted EPS$1.25$1.01$3.04$2.08$2.46

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Balance sheet (as reported)

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$166.7M$32.6M$140.6M$158.5M$216.4M
Capital expenditure$42.9M$47.2M$44.6M$43.3M$28.1M
Free cash flow$123.8M$-14.6M$95.9M$115.2M$188.2M

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (hover to see the figure as filed). Full details: where the numbers come from.

Quarterly trend (as reported)

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$221.8M-16.9%$-155.9M$-4.25
Q1 FY2026$199.2M-17.9%$-47.6M$-1.34
Q4 FY2025$220.2M-12.0%$-16.0M$-0.43
Q3 FY2025$260.1M3.8%$13.4M$0.37
Q2 FY2025$267.0M21.3%$29.4M$0.82
Q1 FY2025$242.6M13.2%$18.7M$0.53
Q4 FY2024$250.3M15.2%$-1.4M$-0.04
Q3 FY2024$250.6M7.4%$17.6M$0.50

Latest 8 reported quarters, from company XBRL filings on SEC EDGAR.

Company facts

ExchangeNYSE
SectorTechnology
SIC industryServices-Computer Processing & Data Preparation
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2012
SEC CIK1549346

Selected SEC filings

10-K/A2026-04-24
View on EDGAR →
10-K2026-02-17
View on EDGAR →
10-Q2026-08-07
View on EDGAR →
10-Q2026-04-28
View on EDGAR →
10-Q2025-11-05
View on EDGAR →
10-Q2025-07-29
View on EDGAR →
8-K2026-08-05
View on EDGAR →
8-K2026-07-22
View on EDGAR →

Largest software peers

All software stocksAll Technology companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.