Shutterstock, Inc. income statement

In fiscal 2025, Shutterstock, Inc. reported revenue of $990m, up 5.8% on the year before, operating income of $75.1m (a 7.6% margin) and net income of $45.5m, or $1.25 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.

Income statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Shutterstock, Inc.: income statement, annual
Fiscal year	2016Dec 2016	2017Dec 2017	2018Dec 2018	2019Dec 2019	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025	LTMJun 2026
Revenue	494	557	623	651	667	773	828	875	935	990	901
Cost of revenue	203	233	268	278	260	278	314	353	396	407	389
Gross profit	291	324	356	372	407	496	514	522	539	583	513
Research and development	48	52	59	57	46	52	65	96	88	89	85
Selling and marketing	127	146	166	182	159	205	203	215	223	221	207
General and administrative	71	99	98	113	117	131	133	143	159	198	203
Operating income	46	26	32	20	85	108	94	68	69	75	−156
Interest expense	—	—	—	—	—	—	1	2	11	17	16
Income before tax	44	30	66	25	90	105	91	122	63	75	−199
Income tax	12	13	11	5	18	13	15	12	27	30	8
Net income	33	17	55	20	72	92	76	110	36	45	−206
Diluted EPS	$0.91	$0.47	$1.54	$0.57	$1.97	$2.46	$2.08	$3.04	$1.01	$1.25	−$5.65
Diluted shares (average)	36m	35m	35m	36m	36m	37m	37m	36m	36m	36m	37m
EBITDA	66	62	78	70	127	157	162	148	156	166	−77

US$ millions unless shown otherwise. Fiscal quarters.

Shutterstock, Inc.: income statement, quarterly
Quarter	2024 Q3Sept 2024	2024 Q4Dec 2024	2025 Q1Mar 2025	2025 Q2Jun 2025	2025 Q3Sept 2025	2025 Q4Dec 2025	2026 Q1Mar 2026	2026 Q2Jun 2026
Revenue	251	250	243	267	260	220	199	222
Cost of revenue	104	112	101	106	103	97	95	94
Gross profit	146	138	142	161	158	123	104	128
Research and development	29	19	20	21	22	26	19	18
Selling and marketing	55	59	53	57	59	51	48	48
General and administrative	44	47	58	48	43	48	68	44
Operating income	18	13	10	35	32	−2	−31	−155
Interest expense	4	5	4	4	4	4	4	4
Income before tax	18	8	20	43	31	−20	−49	−161
Income tax	−0	10	2	14	18	−4	−2	−5
Net income	18	−1	19	29	13	−16	−48	−156
Diluted EPS	$0.50	−$0.03	$0.53	$0.82	$0.37	−$0.46	−$1.34	−$4.25
EBITDA	40	36	33	46	55	20	−8	−144

EBITDA is operating income plus depreciation and amortisation. EPS and share counts are restated for stock splits. A dash means the company did not report the line for that period; expense lines are shown as reported, so they need not add up to the totals when a company reports other items between them.

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Figures from Shutterstock, Inc.'s SEC filings (10-K and 10-Q), retrieved October 20, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Shutterstock, Inc.