Welcome to our dedicated page for Shutterstock news (Ticker: SSTK), a resource for investors and traders seeking the latest updates and insights on Shutterstock stock.
Shutterstock, Inc. develops licensable digital content, creative services and GenAI solutions for businesses, creatives, brand teams and technology partners. Company news commonly covers product launches across images, video, music, sound effects, AI video generation and AI-native content discovery, as well as the expansion of licensed training datasets, evaluation tools and model-training services.
Updates also address operating results for its Content and Data, Distribution and Services offerings, customer and partner activity, dividends, shareholder voting matters, material agreements, capital-structure disclosures, governance topics and regulatory developments tied to the company’s public-company operations.
Shutterstock (NYSE: SSTK) reported second quarter 2026 revenue of $221.8 million, down 17% from $267.0 million a year earlier. The company posted a net loss of $155.9 million versus net income of $29.4 million, including a $163.4 million non-cash, after-tax goodwill impairment related to the terminated merger.
Adjusted net income was $30.0 million ($0.82 per diluted share), down from $42.9 million ($1.19), while adjusted EBITDA fell to $65.1 million from $82.2 million, with margin easing to 29.3%. Content revenue declined 17% to $165.7 million and Data, Distribution, and Services revenue fell 16% to $56.1 million.
Shutterstock ended the quarter with $133.2 million in cash and equivalents after a $35.0 million FTC settlement payment and continued dividends. Management cites over $70 million in annualized cost reductions already executed and targets a further $60 million by year-end, while suspending 2026 guidance and canceling its planned earnings call pending a broader strategic update.
Shutterstock (NYSE: SSTK) announced the global availability of its Unlimited downloads subscription, previously in beta. Customers worldwide can now choose between two plans: Unlimited Images, offering a curated collection of more than 83 million premium images, and Unlimited Plus, which expands access to over 100 million premium creative assets including video, music and sound effects.
Both plans combine curated Shutterstock content with AI-powered creative tools, providing unlimited downloads (under a Fair Usage Policy), monthly AI generation credits, access to leading AI models from partners such as OpenAI, Google and Runway, and commercial licensing within Shutterstock's content ecosystem.
Shutterstock (NYSE: SSTK) announced that its Board of Directors, at a meeting on July 20, 2026, resolved to suspend the company's future quarterly cash dividend. The Board cited an ongoing review of capital-allocation priorities and an emphasis on using capital to support long-term shareholder value, including reducing debt, lowering interest expense and enhancing financial flexibility. The Board will continue to reassess capital allocation, and any future dividends will be at its discretion, depending on operating results, financial condition, capital needs, contractual limits, law and other relevant factors.
Shutterstock (NYSE: SSTK) announced that Paul Hennessy has stepped down as Chief Executive Officer and as a member of the Board of Directors, effective immediately. The Board appointed Chief Financial Officer Rik Powell as Interim CEO, also effective immediately; he will retain his CFO role during the transition.
Hennessy, CEO for 4 years and Board member for 11 years, will serve in a non-executive advisory capacity through August 7, 2026 to support a seamless transition. The Board plans to engage a strategic advisor to help shape Shutterstock's go-forward strategy. The company’s second quarter 2026 earnings call is scheduled for August 6, 2026 at 8:30am ET.
Shutterstock (NYSE:SSTK) will report its second quarter 2026 business and financial results on Thursday, August 6, 2026, before the market opens.
The company will host a conference call at 8:30 a.m. ET, with a live listen-only webcast and replay available on its investor relations website.
Shutterstock (NYSE:SSTK) launched a human-led, AI-powered creative platform that evolves its traditional content library into an integrated creation system. The platform blends premium human-made assets, generative AI tools, and intuitive workflows so users can search, generate, edit, and refine content within one commercial-ready environment.
Features include inline AI editing, image and video generation, conversational search, proprietary Model Match, workflow aids like content reference, human support, and licensing with indemnification. Shutterstock also highlights its Data Licensing & AI Services as an end-to-end partner for AI model training and evaluation.
FedEx Freight Holding (NYSE: FDXF) will join the S&P 500, replacing EPAM Systems (NYSE: EPAM), before trading opens June 2, 2026. EPAM will move to the S&P SmallCap 600, replacing Shutterstock (NYSE: SSTK). Dave (NASD: DAVE) will join the SmallCap 600 on June 1, replacing American Woodmark (NASD: AMWD).
FedEx Corp. (NYSE: FDX) is spinning off FedEx Freight Holding, expected to complete June 1, while MasterBrand (NYSE: MBC) plans to acquire American Woodmark and Shutterstock is anticipated to be acquired.
Shutterstock (NYSE:SSTK) announced that its subsidiary GIPHY has extended a multi-year integration partnership with Meta. GIPHY's GIF and sticker library will continue powering visual expression across Facebook, Instagram, WhatsApp, and Messenger.
The renewed agreement emphasizes seamless, visual-first communication and keeps GIPHY embedded directly in Meta user experiences.
Sonilo announced a strategic partnership with Shutterstock (NYSE:SSTK), licensing Shutterstock’s music catalog to train Sonilo’s video-to-music AI models. This is Shutterstock’s first partnership with a video-to-music AI platform.
Sonilo’s model generates original, commercially cleared soundtracks from video input and is integrated into ComfyUI, an AI workflow tool used by over four million creators.
Shutterstock (NYSE: SSTK) reported Q1 2026 results: revenue $199.2M, net loss $47.6M, adjusted EBITDA $42.7M and adjusted net income $20.7M. The company noted a slowdown in Content and timing impacts in Data licensing.
Merger with Getty Images remains pending; CMA final report due June 14, 2026. Board declared a $0.36 per-share dividend payable June 18, 2026.