Shutterstock Inc Stock Price, News & Analysis

Shutterstock (NYSE: SSTK) said the UK's Competition and Markets Authority referred the proposed merger with Getty Images to a Phase 2 review on Nov 3, 2025. Getty Images offered comprehensive remedies to avoid Phase 2; Shutterstock said it is disappointed but remains committed to the transaction and will continue to engage with the CMA to secure clearances.

Getty Images and Shutterstock previously filed required SEC registration and proxy materials, with the Form S-4 declared effective on April 30, 2025.

Shutterstock (NYSE: SSTK) released the 2025 Creative Impact Report on Oct 23, 2025, quantifying creative ROI and market trends.

Key findings: global marketing spend rose 33% since 2023 while purchase intent rose only 17%, creating a 12% impact gap. The proprietary Impact Score fell a cumulative nearly 20% from 2023 through Aug 2025. The study (44 months of econometrics and AI content analysis) flags creative quality, emotional connection and AI as primary levers to close the gap. Sector snapshots show Aerospace & Energy +45%, Consumer -24%, Technology -12%.

Shutterstock (NYSE: SSTK) received notice from the UK Competition and Markets Authority on October 20, 2025 that the CMA intends to refer the proposed merger of Shutterstock and Getty Images to a Phase 2 review unless acceptable undertakings are offered. Shutterstock said it remains committed to the proposed merger and will continue to engage with the CMA and Getty Images to secure required clearances.

The company reiterated applicable SEC filing references and urged investors to review the information statement, proxy statement/prospectus and related SEC filings.

Shutterstock (NYSE: SSTK) announced on Oct 7, 2025 a new suite of AI services for model training, fine‑tuning and evaluation that expands the company from multimodal data licensing into end‑to‑end model support.

The offering includes custom content production, rubric‑driven creative preference data, curation and annotation services, and evaluation pipelines with expert audits and live A/B benchmarks. Shutterstock cites its global scale—10 production hubs, 2M+ creators across 150+ countries—and existing partnerships with NVIDIA, Meta, OpenAI and Runway as foundations for the service.

Shutterstock (NYSE: SSTK) reported strong Q2 2025 financial results, achieving record revenue of $267.0 million, up 21% year-over-year. Net income surged to $29.4 million from $3.6 million in Q2 2024, with earnings per share reaching $0.82.

The company's Content revenue grew 18% to $199.8 million, boosted by the Envato acquisition, while Data, Distribution, and Services revenue increased 34% to $67.2 million. Adjusted EBITDA rose 32% to $82.2 million, with margins expanding to 30.8%.

The company maintained its quarterly dividend of $0.33 per share and reported strong subscriber growth to 1,073,000 subscribers. Shutterstock also highlighted its pending merger with Getty Images, announced in January 2025.

Shutterstock (NYSE: SSTK) has unveiled a major rebrand and new visual identity, positioning itself as the universal ingredient for business creativity. The company announced several key offerings including an Unlimited downloads subscription with access to 80M+ assets, Generative AI Pro for business use with 4K resolution capabilities, AI Data Licensing for model training, end-to-end creative production through Shutterstock Studios, and GIPHY Ads for enhanced content distribution. The rebrand reflects Shutterstock's evolution into a family of brands delivering scalable creative and GenAI solutions. This strategic transformation comes as Shutterstock prepares for its previously announced merger of equals with Getty Images, though both companies continue to operate independently until the deal closes.

Shutterstock (NYSE: SSTK) has secured stockholder approval for its proposed merger with Getty Images (NYSE: GETY), marking a significant milestone in creating a premier visual content company. The merger received strong support with 82% of Shutterstock's outstanding shares voting in favor at a special stockholder meeting. CEO Paul Hennessy emphasized that the combined entity will leverage complementary strengths to better serve customers and deliver value to partners, contributors, and stockholders. The merger aims to enhance investment in content creation, event coverage, and technology innovation. The transaction is expected to close in the second half of 2025, pending regulatory approvals and customary conditions.

Shutterstock (NYSE: SSTK) reported strong Q1 2025 financial results with significant growth across key metrics. Revenue reached $242.6 million, up 13% from Q1 2024, driven by a 17% increase in Content revenue to $202.9 million. Net income grew to $18.7 million ($0.53 per share) from $16.1 million. The company's subscriber base expanded to 1,079,000, more than doubling from 499,000 in Q1 2024. Adjusted EBITDA increased 13% to $63.4 million. The company maintained strong liquidity with $112.2 million in cash and declared a quarterly dividend of $0.33 per share. Notable developments include the proposed merger with Getty Images announced in January 2025, with $11.9 million in related professional fees incurred this quarter. The acquisition of Envato in July 2024 contributed positively to profitability despite increased interest expenses.

Shutterstock (NYSE: SSTK) reported record revenues and Adjusted EBITDA for 2024, with full-year revenue reaching $935.3 million, a 7% increase compared to 2023. The company's Content business grew 3% to $760.0 million (81% of total revenue), while Data, Distribution, and Services revenue increased 28% to $175.3 million (19% of total revenue).

Full-year net income was $35.9 million ($1.01 per diluted share), down from $110.3 million ($3.04 per share) in 2023. This decrease was primarily due to a non-recurring $50.3 million bargain purchase gain recognized in 2023 from the Giphy acquisition. Adjusted EBITDA increased 3% to $247.1 million, with a margin of 26.4%.

For Q4 2024, revenue was $250.3 million, up 15% year-over-year, with a net loss of $1.4 million. The company declared a quarterly dividend of $0.33 per share, payable March 20, 2025. Shutterstock also announced a pending merger of equals with Getty Images on January 7, 2025, subject to regulatory approvals and other closing conditions.