NYSE$SSTK

Shutterstock Inc. · Q4 2024 earnings

Q4 2024 earnings · · Before market open · Investor relations

Briefing

Shutterstock reported a revenue increase driven by Envato acquisition, while net loss slightly decreased compared to the same quarter last year

Shutterstock's Q4 2024 results showed a 15% increase in revenue to $250.3 million, driven by a 20% increase in Content revenue, primarily from the Envato acquisition. However, the Data, Distribution, and Services product offering experienced a 5% decrease. The company reported a net loss of $1.4 million, slightly better than the $1.0 million loss in Q4 2023.

  • Revenue increased by 15% to $250.3 million compared to Q4 2023.
  • Content revenue grew by 20%, driven by the Envato acquisition.
  • Data, Distribution, and Services revenue decreased by 5%.
  • Net loss was $1.4 million, a slight decrease from $1.0 million in Q4 2023.

Headline financials

Total Revenue

$250M

Previous: $217M+15.2%
EPS (adj)

$0.67

Previous: $0.72-6.9%
Subscribers

1.1M

Previous: 523.0K+108.0%
Subscriber Revenue

$108M

Previous: $85.2M+26.4%
Avg Revenue per Customer

$255.00

Previous: $412.00-38.1%
Paid Downloads

125.8M

Previous: 35.4M+255.4%
Net Income

-$1.4M

Previous: -$1M-40.0%
Operating Income

$13.1M

Previous: $2.1M+526.0%

Revenue & EPS history

Shutterstock · Revenue · Quarterly

$250M

Q4 2024+15.2%vs Q4 2023
Beat estimate in 7 of 14 quarters(50%)
ActualEstimate

Forward guidance

Shutterstock will not be hosting a conference call or providing financial guidance in conjunction with its fourth quarter 2024 results due to the pending transaction with Getty Images.

Historical earnings impact

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

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2024

Historical avgQ4 2024

+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
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%
Q2 2011+4.8%
Q1 2011+4.8%
Q4 2010+4.8%
Q4 2012+24.2%
Q3 2011-4.9%
Q4 2011-4.9%
Q3 2012+2.2%

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