Shutterstock Inc Financials
This page shows Shutterstock Inc (SSTK) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Financial Health Signals
Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores
Shutterstock Inc has an operating margin of 7.6%, meaning the company retains $8 of operating profit per $100 of revenue. This results in a moderate score of 38/100, indicating healthy but not exceptional operating efficiency. This is up from 7.3% the prior year.
Shutterstock Inc's revenue grew 5.8% year-over-year to $989.9M, a solid pace of expansion. This earns a growth score of 45/100.
Shutterstock Inc carries a low D/E ratio of 0.20, meaning only $0.20 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.
Shutterstock Inc's current ratio of 0.54 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 2/100, which could limit financial flexibility.
Shutterstock Inc has a free cash flow margin of 12.5%, earning a moderate score of 63/100. The company generates positive cash flow after capital investments, but with room for improvement.
Shutterstock Inc's ROE of 7.8% shows moderate profitability relative to equity, earning a score of 31/100. This is up from 6.9% the prior year.
Shutterstock Inc scores 1.43, below the 1.81 distress threshold. This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Shutterstock Inc passes 8 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 2 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Shutterstock Inc generates $3.66 in operating cash flow ($166.7M OCF vs $45.5M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Shutterstock Inc earns $4.5 in operating income for every $1 of interest expense ($75.1M vs $16.8M). This adequate coverage means the company can meet its interest obligations, but has limited cushion if earnings fall.
Key Financial Metrics
Shutterstock Inc generated $989.9M in revenue in fiscal year 2025. This represents an increase of 5.8% from the prior year.
Shutterstock Inc's EBITDA was $166.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 6.2% from the prior year.
Shutterstock Inc generated $123.8M in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 950.0% from the prior year.
Shutterstock Inc reported $45.5M in net income in fiscal year 2025. This represents an increase of 26.6% from the prior year.
Shutterstock Inc earned $1.25 per diluted share (EPS) in fiscal year 2025. This represents an increase of 23.8% from the prior year.
Shutterstock Inc held $178.2M in cash against $116.6M in long-term debt as of fiscal year 2025.
Shutterstock Inc paid $1.32 per share in dividends in fiscal year 2025. This represents an increase of 10.0% from the prior year.
Shutterstock Inc had 36M shares outstanding in fiscal year 2025. This represents an increase of 1.9% from the prior year.
Shutterstock Inc's gross margin was 58.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 1.3 percentage points from the prior year.
Shutterstock Inc's operating margin was 7.6% in fiscal year 2025, reflecting core business profitability. This is up 0.2 percentage points from the prior year.
Shutterstock Inc's net profit margin was 4.6% in fiscal year 2025, showing the share of revenue converted to profit. This is up 0.8 percentage points from the prior year.
Shutterstock Inc's ROE was 7.8% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is up 0.9 percentage points from the prior year.
Shutterstock Inc invested $89.0M in research and development in fiscal year 2025. This represents an increase of 0.7% from the prior year.
Shutterstock Inc spent $0 on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 100.0% from the prior year.
Shutterstock Inc invested $42.9M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 9.2% from the prior year.
SSTK Income Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q4'23 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $220.2M-15.3% | $260.1M-2.6% | $267.0M+10.0% | $242.6M-3.1% | $250.3M+15.2% | $217.2M-6.9% | $233.2M+11.7% | $208.8M |
| Cost of Revenue | $97.4M-5.0% | $102.6M-3.2% | $106.0M+5.1% | $100.9M-10.3% | $112.4M+17.3% | $95.8M+1.7% | $94.2M+11.6% | $84.4M |
| Gross Profit | $122.8M-22.0% | $157.5M-2.1% | $161.0M+13.6% | $141.7M+2.8% | $137.9M+13.6% | $121.4M-12.7% | $139.0M+11.7% | $124.4M |
| R&D Expenses | $26.0M+16.4% | $22.4M+7.8% | $20.8M+4.5% | $19.9M+5.1% | $18.9M-19.4% | $23.4M-16.6% | $28.1M-3.8% | $29.2M |
| SG&A Expenses | $48.0M+10.7% | $43.3M-10.6% | $48.4M-16.9% | $58.3M+25.0% | $46.6M+40.7% | $33.2M-11.8% | $37.6M-1.4% | $38.1M |
| Operating Income | -$2.4M-107.3% | $32.5M-6.4% | $34.7M+240.5% | $10.2M-22.4% | $13.1M+519.0% | $2.1M-87.6% | $17.2M+97.3% | $8.7M |
| Interest Expense | $4.1M-3.5% | $4.2M0.0% | $4.2M-1.7% | $4.3M-13.8% | $5.0M+773.4% | $571K+1.6% | $562K+14.0% | $493K |
| Income Tax | -$3.6M-120.0% | $18.0M+31.6% | $13.7M+691.4% | $1.7M-81.8% | $9.5M+209.8% | $3.1M+480.4% | -$806K-158.9% | $1.4M |
| Net Income | -$16.0M-219.7% | $13.4M-54.5% | $29.4M+57.5% | $18.7M+1407.8% | -$1.4M-42.0% | -$1.0M-103.5% | $28.4M-43.2% | $50.0M |
| EPS (Diluted) | $-0.47-227.0% | $0.37-54.9% | $0.82+54.7% | $0.53+1425.0% | $-0.04-100.0% | $-0.02-102.5% | $0.79-42.3% | $1.37 |
SSTK Balance Sheet
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q4'23 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $1.4B-1.4% | $1.4B-0.1% | $1.4B+3.9% | $1.3B+1.2% | $1.3B+26.4% | $1.0B+2.0% | $1.0B+1.2% | $1.0B |
| Current Assets | $338.6M+0.6% | $336.8M+9.1% | $308.7M+16.9% | $264.0M+3.1% | $256.0M-12.5% | $292.6M+8.6% | $269.5M-1.4% | $273.4M |
| Cash & Equivalents | $178.2M+7.7% | $165.5M+42.2% | $116.4M+3.7% | $112.2M+0.9% | $111.3M+10.7% | $100.5M+33.6% | $75.2M-13.7% | $87.1M |
| Inventory | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Accounts Receivable | $112.6M-10.0% | $125.2M-17.5% | $151.8M+35.8% | $111.7M+17.3% | $95.2M+4.5% | $91.1M+6.7% | $85.4M+38.4% | $61.7M |
| Goodwill | $574.6M0.0% | $574.6M-0.1% | $575.2M+0.5% | $572.4M+0.5% | $569.7M+48.6% | $383.3M+0.3% | $382.2M-0.2% | $383.0M |
| Total Liabilities | $774.9M-0.8% | $781.2M-1.1% | $790.3M+1.7% | $777.0M-1.7% | $790.8M+55.4% | $508.9M+5.2% | $484.0M-0.2% | $484.8M |
| Current Liabilities | $628.4M-0.4% | $631.0M-0.5% | $634.3M+3.1% | $615.2M-1.6% | $625.3M+38.2% | $452.4M+6.6% | $424.3M+4.1% | $407.6M |
| Long-Term Debt | $116.6M-0.6% | $117.4M-0.6% | $118.1M-0.6% | $118.9M-0.6% | $119.6M | $0 | N/A | N/A |
| Total Equity | $581.0M-2.2% | $594.4M+1.4% | $586.2M+7.1% | $547.2M+5.6% | $518.4M-1.7% | $527.1M-0.9% | $532.0M+2.4% | $519.5M |
| Retained Earnings | $335.2M-7.6% | $362.9M+0.5% | $361.2M+5.2% | $343.4M+2.1% | $336.2M-1.9% | $342.7M-3.0% | $353.3M+5.6% | $334.5M |
SSTK Cash Flow Statement
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q4'23 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $36.2M-53.8% | $78.4M+192.1% | $26.8M+6.3% | $25.2M+216.9% | $8.0M-76.5% | $33.9M+239.0% | $10.0M-66.4% | $29.8M |
| Capital Expenditures | $10.3M-1.0% | $10.4M-7.9% | $11.3M+4.7% | $10.8M+21.2% | $8.9M-10.2% | $9.9M-16.2% | $11.8M+12.9% | $10.5M |
| Free Cash Flow | $25.9M-61.9% | $68.0M+337.8% | $15.5M+7.5% | $14.4M+1616.7% | -$952K-104.0% | $24.0M+1411.8% | -$1.8M-109.5% | $19.3M |
| Investing Cash Flow | -$10.4M+7.8% | -$11.2M+24.9% | -$15.0M-33.2% | -$11.2M-11.8% | -$10.0M-232.2% | $7.6M+80.4% | $4.2M+108.4% | -$50.2M |
| Financing Cash Flow | -$12.8M+22.6% | -$16.6M-19.4% | -$13.9M+12.3% | -$15.8M-27.0% | -$12.5M+36.0% | -$19.5M+23.1% | -$25.3M-298.7% | $12.7M |
| Dividends Paid | $11.7M+0.1% | $11.7M+0.7% | $11.6M+1.1% | $11.5M+10.1% | $10.4M+8.3% | $9.6M+0.1% | $9.6M-0.9% | $9.7M |
| Share Buybacks | $0 | $0 | N/A | N/A | $0-100.0% | $9.2M-38.7% | $15.0M+275.1% | $4.0M |
SSTK Financial Ratios
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q4'23 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | 55.8%-4.8pp | 60.6%+0.3pp | 60.3%+1.9pp | 58.4%+3.3pp | 55.1%-0.8pp | 55.9%-3.7pp | 59.6%+0.0pp | 59.6% |
| Operating Margin | -1.1%-13.6pp | 12.5%-0.5pp | 13.0%+8.8pp | 4.2%-1.0pp | 5.3%+4.3pp | 1.0%-6.4pp | 7.4%+3.2pp | 4.2% |
| Net Margin | -7.3%-12.4pp | 5.1%-5.9pp | 11.0%+3.3pp | 7.7%+8.3pp | -0.6%-0.1pp | -0.5%-12.6pp | 12.2%-11.8pp | 23.9% |
| Return on Equity | N/A | 2.3%-2.8pp | 5.0%+1.6pp | 3.4% | N/A | N/A | 5.3%-4.3pp | 9.6% |
| Return on Assets | -1.2%-2.1pp | 1.0%-1.2pp | 2.1%+0.7pp | 1.4%+1.5pp | -0.1%-0.0pp | -0.1%-2.9pp | 2.8%-2.2pp | 5.0% |
| Current Ratio | 0.540.0 | 0.53+0.0 | 0.49+0.1 | 0.43+0.0 | 0.41-0.2 | 0.65+0.0 | 0.64-0.0 | 0.67 |
| Debt-to-Equity | 0.200.0 | 0.200.0 | 0.20-0.0 | 0.22-0.0 | 0.23+0.2 | 0.00-0.9 | 0.91-0.0 | 0.93 |
| FCF Margin | 11.8%-14.4pp | 26.1%+20.3pp | 5.8%-0.1pp | 5.9%+6.3pp | -0.4%-11.4pp | 11.1%+11.9pp | -0.8%-10.0pp | 9.3% |
Note: The current ratio is below 1.0 (0.54), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Shutterstock Inc's annual revenue?
Shutterstock Inc (SSTK) reported $989.9M in total revenue for fiscal year 2025. This represents a 5.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Shutterstock Inc's revenue growing?
Shutterstock Inc (SSTK) revenue grew by 5.8% year-over-year, from $935.3M to $989.9M in fiscal year 2025.
Is Shutterstock Inc profitable?
Yes, Shutterstock Inc (SSTK) reported a net income of $45.5M in fiscal year 2025, with a net profit margin of 4.6%.
What is Shutterstock Inc's earnings per share (EPS)?
Shutterstock Inc (SSTK) reported diluted earnings per share of $1.25 for fiscal year 2025. This represents a 23.8% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.
What is Shutterstock Inc's EBITDA?
Shutterstock Inc (SSTK) had EBITDA of $166.0M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Shutterstock Inc have?
As of fiscal year 2025, Shutterstock Inc (SSTK) had $178.2M in cash and equivalents against $116.6M in long-term debt.
What is Shutterstock Inc's gross margin?
Shutterstock Inc (SSTK) had a gross margin of 58.9% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Shutterstock Inc's operating margin?
Shutterstock Inc (SSTK) had an operating margin of 7.6% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Shutterstock Inc's net profit margin?
Shutterstock Inc (SSTK) had a net profit margin of 4.6% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Shutterstock Inc pay dividends?
Yes, Shutterstock Inc (SSTK) paid $1.32 per share in dividends during fiscal year 2025.
What is Shutterstock Inc's return on equity (ROE)?
Shutterstock Inc (SSTK) has a return on equity of 7.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Shutterstock Inc's free cash flow?
Shutterstock Inc (SSTK) generated $123.8M in free cash flow during fiscal year 2025. This represents a 950.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Shutterstock Inc's operating cash flow?
Shutterstock Inc (SSTK) generated $166.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Shutterstock Inc's total assets?
Shutterstock Inc (SSTK) had $1.4B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Shutterstock Inc's capital expenditures?
Shutterstock Inc (SSTK) invested $42.9M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Shutterstock Inc spend on research and development?
Shutterstock Inc (SSTK) invested $89.0M in research and development during fiscal year 2025.
How many shares does Shutterstock Inc have outstanding?
Shutterstock Inc (SSTK) had 36M shares outstanding as of fiscal year 2025.
What is Shutterstock Inc's current ratio?
Shutterstock Inc (SSTK) had a current ratio of 0.54 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Shutterstock Inc's debt-to-equity ratio?
Shutterstock Inc (SSTK) had a debt-to-equity ratio of 0.20 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Shutterstock Inc's return on assets (ROA)?
Shutterstock Inc (SSTK) had a return on assets of 3.4% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Shutterstock Inc's Altman Z-Score?
Shutterstock Inc (SSTK) has an Altman Z-Score of 1.43, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Shutterstock Inc's Piotroski F-Score?
Shutterstock Inc (SSTK) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Shutterstock Inc's earnings high quality?
Shutterstock Inc (SSTK) has an earnings quality ratio of 3.66x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Shutterstock Inc cover its interest payments?
Shutterstock Inc (SSTK) has an interest coverage ratio of 4.5x, meaning it can adequately cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Shutterstock Inc?
Shutterstock Inc (SSTK) scores 46 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.