NYSE$SSTK

Shutterstock Inc. · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

Shutterstock reported Q2 2025 revenue of $267.0 million and net income of $29.4 million.

Shutterstock Inc. delivered revenue of $267.0 million in Q2 2025, up 21% year-over-year, driven by the Envato acquisition and growth in Data, Distribution, and Services. Net income rose to $29.4 million with operating income of $34.7 million. The company also announced a merger agreement with Getty Images.

  • Q2 revenue reached $267.0 million, with Content at $199.8 million and Data, Distribution, and Services at $67.2 million.
  • Net income increased to $29.4 million and diluted EPS was $0.82.
  • Subscribers grew to 1,073,000 with subscriber revenue of $108.0 million.
  • Merger with Getty Images approved by shareholders; closing subject to regulatory approvals.

Headline financials

Total Revenue

$267M

Previous: $220M+21.3%
EPS (adj)

$0.82

Previous: $1.00-18.0%
Subscribers

1.1M

No prior period
Subscriber revenue

$108M

No prior period
Average revenue per customer

$266.00

No prior period
Paid downloads

112.6M

No prior period
Capital Expenditures

-$22.1M

Previous: -$23.5M+6.0%
Net Income

$29.4M

Previous: $3.63M+712.1%
Operating Income

$34.7M

Previous: $20.7M+68.1%
Cash & Equivalents

$116M

Previous: $74.9M+55.5%
Total Assets

$1.38B

Previous: $1B+37.1%

Revenue & EPS history

Shutterstock · Revenue · Quarterly

$267M

Q2 2025+21.3%vs Q2 2024
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Revenue by segment

Shutterstock · $267M total across 2 segments · Q2 2025

  • Content
    $200M
  • Data, Distribution, and Services
    $67.2M

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+1.0%

Avg return

Earnings day

-0.5%

Avg return

5 days after

-2.8%

Avg return

30 days after

51%

31 / 61 earnings

Positive

+27.5%

Q3 2015

Best reaction

-33.7%

Q2 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026+3.4%-6.0%-11.9%
Q4 2025-12.3%-7.1%-1.4%
Q3 2025+4.6%+2.1%-12.4%
Q1 2025-0.7%+2.9%-6.1%
Q4 2024-6.9%-12.2%-24.7%
Q3 2024+12.2%+8.8%+7.6%
Q2 2024-3.7%-3.7%-8.5%
Q1 2024-7.5%-7.4%-4.3%
Q4 2023+0.6%+4.5%+4.3%
Q3 2023+8.8%+21.6%+28.0%
Q2 2023-16.7%-15.2%-18.2%
Q1 2023-2.2%-0.6%-27.4%
Q4 2022+10.3%+6.8%-2.9%
Q3 2022+9.5%+12.5%+14.7%
Q2 2022-2.6%-4.4%+1.6%
Q1 2022-0.4%-2.7%-25.5%
Q4 2021-5.4%-1.3%-7.2%
Q3 2021-2.6%+0.4%-5.7%
Q2 2021-3.7%+0.8%+5.4%
Q1 2021-7.4%-10.3%-7.7%
Q4 2020+24.5%+24.8%+33.6%
Q3 2020+11.8%+5.1%+8.0%
Q2 2020+19.9%+25.2%+11.3%
Q1 2020-1.4%-6.5%-5.4%
Q4 2019-7.5%-7.8%-23.8%
Q3 2019-1.3%-1.9%+0.6%
Q2 2019-7.4%-8.2%-6.2%
Q1 2019-8.8%-11.6%-15.5%
Q4 2018+6.0%+8.6%+6.0%
Q3 2018-8.4%-10.6%-14.0%
Q2 2018+3.6%+14.5%+19.5%
Q1 2018-15.9%-16.2%-8.5%
Q4 2017+12.8%+12.1%+10.3%
Q3 2017+11.0%+7.0%+24.1%
Q2 2017-17.5%-17.8%-20.6%
Q1 2017+0.3%+1.0%+8.4%
Q4 2016-15.5%-18.2%-19.9%
Q3 2016-8.5%-10.6%-17.7%
Q2 2016-0.2%+0.9%+2.5%
Q1 2016+1.1%
Q4 2015+15.6%
Q3 2015+27.5%
Q2 2015-33.7%
Q1 2015-4.7%
Q4 2014+1.7%
Q3 2014+5.2%
Q2 2014-0.2%
Q1 2014-1.4%
Q4 2013+18.6%
Q3 2013+4.2%
Q2 2012+2.7%
Q2 2013+7.0%
Q1 2012+6.3%
Q1 2013+3.8%
Q4 2010+4.8%
Q2 2011+4.8%
Q1 2011+4.8%
Q4 2012+24.2%
Q3 2011-4.9%
Q4 2011-4.9%
Q3 2012+2.2%

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