Nerdwallet vs Shutterstock
Shutterstock is the larger business, with $990m of revenue in fiscal 2025 against $837m for Nerdwallet (1.2 times as much). Nerdwallet grew faster (21.7% against 5.8%). Nerdwallet kept more of each dollar of sales as profit: a net margin of 5.8% against 4.6%. Nerdwallet carries less debt relative to equity (1.8% against 47.3%).
| Latest fiscal year | NerdwalletNRDS, 2025 | ShutterstockSSTK, 2025 |
|---|---|---|
| Revenue | $837m | $990m |
| Revenue growth | 21.7% | 5.8% |
| Net income | $48.7m | $45.5m |
| Operating margin | 7.8% | 7.6% |
| Net margin | 5.8% | 4.6% |
| Return on equity | 13.2% | 8.3% |
| Free cash flow | $130m | $124m |
| Cash | $98.3m | $178m |
| Total debt | $6.9m | $275m |
| Debt to equity | 1.8% | 47.3% |
| Dividend per share | — | $1.32 |
| Dividend yield | — | 32.0% |
| Share buybacks | $70.2m | $0 |
| Employees | — | 1,565 |
| Market value | $692m | $150m |
| Price vs our value range | Below our value range | — |
| Moat score | 39 (Weak) | 62 (Moderate) |
| Insider trades, 12 months | 0 buys, 22 sales | 0 buys, 0 sales |