SSTK Stock Cash Flow Statements

Shutterstock Quarterly Cash Flow Statements Chart

Quarterly

Annual

Operating Cash Flow

Investing Cash Flow

Financing Cash Flow

Free Cash Flow

Capital Expenditure

Shutterstock Quarterly Cash Flow Statements Table

Quarterly

Annual

Unit: USD	2025-06-30	2025-03-31	2024-12-31	2024-09-30	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-09-30	2014-06-30	2014-03-31	2013-09-30	2013-06-30	2013-03-31

cash flows from operating activities
net income	29,440,000	18,688,000	-1,429,000	17,615,000	3,625,000	16,121,000	-1,006,000	28,419,000	50,013,000	32,843,000	7,046,000	23,040,000	19,445,000	26,572,000	16,886,000	16,029,000	29,454,000	29,514,000	25,879,000	22,582,000	18,987,000	4,318,000	4,353,000	4,934,000	3,299,000	7,522,000	14,913,000	7,447,000	-254,000	32,581,000	2,056,000	5,002,000	3,066,000	6,603,000	9,855,000	9,391,000	7,249,000	6,133,000	6,869,000	4,103,000	5,338,000	3,242,000	5,278,000	4,860,000	4,918,000	6,192,000	6,863,000	5,565,000
adjustments to reconcile net income to net cash from operating activities:
depreciation and amortization	22,611,000	22,671,000	23,287,000	21,643,000	21,433,000	21,263,000	20,356,000	21,271,000	19,206,000	18,896,000	18,636,000	18,259,000	16,510,000	15,065,000	15,040,000	13,488,000	10,152,000	10,091,000	10,239,000	9,750,000	10,851,000	10,519,000	12,604,000	11,992,000	13,403,000	11,916,000	11,718,000	11,707,000	11,284,000	10,943,000	10,542,000	10,227,000	7,765,000	6,956,000	5,765,000	5,176,000	4,821,000	4,184,000	4,478,000	3,869,000	3,499,000	2,995,000	2,125,000	2,081,000	1,551,000	1,013,000	946,000	779,000
deferred taxes	974,000	-7,772,000	-2,197,000	-9,269,000	4,357,000	-3,854,000	-5,216,000	-20,814,000	831,000	-977,000	-3,713,000	-3,272,000	-2,360,000	-1,242,000	-2,191,000	-1,362,000	2,215,000	-433,000	1,225,000	-899,000	1,079,000	-386,000	-545,000	-168,000	-2,011,000	699,000	-21,000	-1,928,000	-2,677,000	-1,644,000	8,145,000	3,670,000	-810,000	1,486,000	5,220,000	-5,245,000	507,000	1,285,000	-253,000
non-cash equity-based compensation	15,625,000	17,884,000	15,110,000	15,094,000	14,976,000	11,150,000	11,988,000	13,003,000	14,943,000	8,643,000	11,782,000	9,089,000	7,043,000	7,826,000	9,540,000	8,743,000	9,686,000	8,210,000	10,628,000	8,285,000	3,636,000	5,760,000	4,931,000	5,509,000	7,751,000	4,624,000	5,875,000	5,959,000	6,429,000	5,606,000	4,830,000	6,885,000	7,287,000	5,956,000	6,970,000	6,505,000	7,252,000	7,353,000	6,089,000	7,683,000	7,580,000	7,508,000	6,335,000	6,256,000	3,137,000	1,852,000	1,554,000	1,016,000
loss on impairment of long-term investment																											0	0
bad debt expense	367,000	593,000	-243,000	-18,000	-262,000	-1,510,000	500,000	369,000	235,000	790,000	2,704,000	373,000	259,000	361,000	-45,000	-31,000	-313,000	526,000	994,000	500,000	428,000	658,000	570,000	149,000	-3,000	-632,000		439,000	234,000	238,000		335,000	511,000	135,000
unrealized gain on investments	-18,028,000	-13,260,000	-472,000			-3,755,000
changes in operating assets and liabilities:
accounts receivable	-39,056,000	-16,618,000	-3,651,000	12,474,000	-3,143,000	-736,000	-5,768,000	-24,350,000	-13,459,000	19,168,000	-16,564,000	-4,779,000	-3,128,000	2,366,000	-2,465,000	4,428,000	-164,000	-5,892,000	3,648,000	144,000	-3,952,000	673,000	-571,000	-2,852,000	1,066,000	-3,812,000	4,452,000	-1,640,000	-732,000	561,000	-4,654,000	-4,437,000	-520,000	-404,000	-1,068,000	-1,476,000	-4,694,000	-5,994,000	-2,106,000
prepaid expenses and other current and non-current assets	4,775,000	17,982,000	1,973,000	5,392,000	-13,300,000	-11,999,000	-8,334,000	-12,333,000	-35,023,000	5,189,000	3,689,000	-1,950,000	169,000	-1,376,000	-1,715,000	-5,577,000	3,414,000	-9,306,000	2,591,000	7,135,000	2,256,000	-2,207,000	4,901,000	-2,599,000	4,726,000	-2,782,000	-6,828,000	-945,000	15,574,000	-7,688,000	3,817,000	-1,947,000	-2,976,000	-5,628,000	470,000	1,435,000	-1,191,000	-3,126,000	1,845,000	-1,535,000			6,611,000	5,270,000	3,693,000
accounts payable and other current and non-current liabilities	2,677,000	-17,264,000	-1,167,000	-30,534,000	3,283,000	-20,182,000	16,999,000	8,037,000	8,572,000	-12,716,000	8,599,000	-3,947,000	-2,263,000	-26,717,000	9,805,000	18,280,000	6,431,000	-72,000	3,290,000	9,342,000	-1,759,000	-2,286,000	-4,924,000	11,385,000	-95,000	1,994,000	4,950,000	7,457,000	-21,266,000	15,247,000	762,000	6,302,000	4,618,000	362,000	-4,762,000	10,968,000	3,292,000	1,286,000	-1,436,000	2,011,000	-667,000	2,336,000	1,340,000
contributor royalties payable	6,401,000	3,379,000	-7,972,000	11,938,000	4,561,000	6,127,000	4,560,000	9,459,000	-424,000	2,246,000	2,536,000	1,523,000	2,683,000	1,030,000	-302,000	-550,000	2,119,000	-369,000	1,258,000	657,000	-1,391,000	551,000	-180,000	1,289,000	-1,079,000	2,138,000	-330,000	288,000	36,000	3,027,000	-4,000	-817,000	-3,078,000	3,214,000	1,416,000	104,000	495,000	1,103,000	315,000	301,000	763,000	1,525,000	1,394,000
deferred revenue	-3,950,000	-1,036,000	2,299,000	-8,615,000	-11,189,000	-4,325,000	-1,673,000	-3,183,000	26,860,000	-7,307,000	7,783,000	-621,000	-1,507,000	-1,162,000	9,961,000	1,194,000	8,394,000	3,559,000	5,095,000	6,386,000	-651,000	-2,982,000	4,487,000	638,000	-23,000	-1,958,000	-1,308,000	1,710,000	2,420,000	836,000	10,722,000	5,885,000	7,357,000	4,760,000	5,526,000	6,426,000	6,257,000	6,760,000	4,086,000	5,014,000	5,594,000	7,882,000	5,413,000	5,582,000	7,672,000	3,193,000	3,400,000	5,402,000
net cash from operating activities	26,836,000	25,247,000	7,966,000	-11,585,000	27,965,000	8,300,000	33,949,000	10,014,000	29,814,000	66,775,000	61,162,000	37,715,000	36,851,000	22,723,000	54,514,000	54,642,000	71,388,000	35,828,000	64,847,000	63,882,000	29,484,000	6,859,000	25,626,000	30,277,000	27,034,000	19,709,000	33,685,000	30,494,000	16,929,000	21,094,000	36,527,000	31,105,000	23,220,000	17,185,000	24,412,000	35,133,000	18,642,000	22,961,000	25,882,000	19,350,000	18,630,000	21,469,000	22,712,000	21,158,000	15,629,000	14,647,000	4,024,000	13,790,000
cash flows from investing activities
capital expenditures	-11,312,000	-10,808,000	-8,918,000	-14,761,000	-9,075,000	-14,461,000	-9,930,000	-11,845,000	-10,490,000	-12,380,000	-10,374,000	-12,125,000	-9,022,000	-11,775,000	-6,958,000	-5,830,000	-6,789,000	-8,548,000	-5,353,000	-6,311,000	-6,247,000	-7,719,000	-6,534,000	-5,821,000	-6,473,000	-7,253,000	-5,344,000	-6,495,000	-8,076,000	-14,975,000	-17,436,000	-11,857,000	-12,303,000	-13,466,000	-13,212,000	-10,453,000	-8,524,000	-7,770,000	-4,130,000
free cash flows	15,524,000	14,439,000	-952,000	-26,346,000	18,890,000	-6,161,000	24,019,000	-1,831,000	19,324,000	54,395,000	50,788,000	25,590,000	27,829,000	10,948,000	47,556,000	48,812,000	64,599,000	27,280,000	59,494,000	57,571,000	23,237,000	-860,000	19,092,000	24,456,000	20,561,000	12,456,000	28,341,000	23,999,000	8,853,000	6,119,000	19,091,000	19,248,000	10,917,000	3,719,000	11,200,000	24,680,000	10,118,000	15,191,000	21,752,000
business combination, net of cash acquired					0	-19,474,000	0	0			0	253,000			163,000	-109,607,000	0	-72,165,000
cash received related to giphy retention compensation	369,000	492,000	527,000	26,922,000	18,121,000	18,401,000	18,950,000	18,955,000
acquisition of content	-4,081,000	-897,000	-1,556,000	-652,000	-827,000	-994,000			-1,725,000	-3,527,000	-5,630,000	-4,192,000	-6,265,000	-734,000	-984,000	-4,494,000	-2,907,000	-489,000	-863,000	-530,000	-854,000	-723,000
security deposit payment	59,000	-21,000		195,000					-7,000	-30,000		-1,000	-265,000	-16,000																							-71,000	-818,000
net cash from investing activities	-14,965,000	-11,234,000	-10,048,000	-147,893,000	8,301,000	-16,528,000	7,599,000	4,213,000	-50,191,000	-15,937,000	-17,645,000	-17,582,000	-227,798,000	-12,525,000	-8,031,000	-151,444,000	-9,750,000	-81,213,000	-13,222,000	-6,650,000	-7,027,000	-8,411,000	-8,291,000			-5,298,000	-6,375,000	-8,692,000	-8,677,000	10,917,000	2,626,000	-31,301,000	-12,958,000	-15,732,000	-18,250,000	-12,499,000	-9,376,000	-17,067,000	123,000	-1,933,000	-4,422,000	-65,614,000	3,622,000	-3,922,000	-21,543,000	-1,832,000	-1,871,000	-2,906,000
cash flows from financing activities
repurchase of treasury shares			0	-20,999,000			-9,201,000	-15,004,000			0	-16,551,000	-18,565,000	-38,372,000
cash paid related to settlement of employee taxes related to rsu vesting	-1,473,000	-3,539,000	-452,000	-2,856,000	-893,000	-7,966,000	-625,000	-664,000	-3,537,000	-11,008,000	-625,000	-938,000	-2,542,000	-18,496,000	-1,453,000	-1,044,000	-7,195,000	-13,034,000	-649,000	-425,000	-1,675,000	-1,761,000	-690,000	-1,190,000	-1,091,000	-4,090,000	-1,208,000	-1,088,000	-939,000	-4,033,000	-1,057,000	-800,000	-1,016,000	-3,975,000
payment of cash dividends	-11,623,000	-11,501,000	-10,445,000	-10,611,000	-10,664,000	-10,663,000
repayment of credit facility	-782,000	-781,000	-1,563,000				0	0	0	-50,000,000
net cash from financing activities	-13,878,000	-15,821,000			-32,149,000	-18,629,000	-19,470,000	-25,305,000	12,738,000	-70,667,000	-9,210,000	-24,880,000	20,177,000	-65,574,000			-14,374,000	-19,371,000			-7,104,000	-7,801,000	79,000	3,188,000	-1,087,000	-3,876,000	-1,208,000	-105,438,000	-245,000	-2,848,000	-744,000	-375,000	-633,000	-32,136,000	-14,745,000	5,072,000	-16,232,000	-27,630,000	-13,735,000	1,225,000	5,501,000	2,948,000	3,690,000	5,619,000	8,533,000	69,901,000	3,637,000	-5,967,000
effect of foreign exchange rate changes on cash	6,186,000	2,788,000	-5,600,000	2,666,000	-1,057,000	-1,822,000	3,184,000	-840,000	-1,047,000	507,000	4,603,000	-3,055,000	-3,296,000	-529,000	-1,749,000	-984,000	-144,000	108,000	83,000	-1,841,000	93,000	-810,000	451,000	-673,000	161,000	-1,246,000	-1,659,000	204,000	-3,048,000	2,291,000	2,237,000	2,803,000	5,526,000	1,888,000	-5,224,000	-627,000	-2,679,000	995,000	-573,000
net increase / (decrease) in cash and cash equivalents	4,179,000	980,000	-20,142,000
cash and cash equivalents, beginning of period	0	111,251,000	0	0	0	100,490,000		0	0	115,154,000		0	0	314,017,000																		0	0	224,190,000		0	0	241,304,000
cash and cash equivalents, end of period	4,179,000	112,231,000	-20,142,000	56,522,000	3,060,000	71,811,000		-11,918,000	-8,686,000	95,832,000		-7,802,000	-174,066,000	258,112,000																		2,232,000	15,155,000	195,395,000		27,079,000	-9,645,000	220,563,000
supplemental disclosure of cash information:
cash paid for income taxes			11,738,000	9,735,000			17,097,000	9,175,000			3,968,000	6,776,000	11,034,000	1,666,000	4,281,000	5,316,000	6,132,000	3,363,000	5,984,000	1,840,000	433,000	494,000	415,000				216,000				847,000	808,000	1,181,000	2,148,000	2,870,000	4,426,000	7,695,000	4,195,000	2,744,000
cash paid for interest	4,106,000	4,359,000	4,875,000	1,950,000	496,000	509,000	492,000	803,000	1,000	428,000	571,000	384,000
cash (received) / paid for income taxes		-604,000								-5,150,000
impairment of lease and related assets
bargain purchase gain							1,543,000	-9,864,000
envato seller obligations			-17,572,000
asset acquisitions											-1,750,000	-1,517,000			-199,000
security deposit release /							-50,000
proceeds from exercise of stock options							0	-1,000	0	3,000	0	1,242,000			130,000	217,000	492,000	1,309,000	542,000	0			769,000	4,378,000	4,000	214,000	0	575,000	694,000	1,185,000	313,000	425,000	383,000	561,000	476,000	4,715,000	1,893,000	1,627,000	316,000	1,184,000	2,654,000	3,043,000	2,187,000	2,298,000	2,188,000	2,387,000	2,628,000	53,000
proceeds from credit facility			0				0	0			0	0
payment of debt issuance costs			0								0	0
net cash from / (used in) financing activities			-12,460,000
cash paid for:
business combinations, net of cash acquired
unrealized (gain) / loss on investments
net decrease in cash and cash equivalents					3,060,000	-28,679,000		-11,918,000	-8,686,000	-19,322,000		-7,802,000	-174,066,000	-55,905,000																		2,232,000	15,155,000	-28,795,000		27,079,000	-9,645,000	-20,741,000
cash paid / (received) for income taxes						2,901,000																			1,175,000	305,000
net decrease in cash, cash equivalents and restricted cash																		-64,648,000												31,454,000
cash, cash equivalents and restricted cash, beginning of period															0	0	0	428,574,000	0	0	0	305,874,000	0	0	0	233,465,000	0	0	0	256,041,000
cash, cash equivalents and restricted cash, end of period															13,438,000	-110,467,000	47,120,000	363,926,000	45,447,000	71,970,000	15,446,000	295,711,000	17,865,000	26,327,000	18,928,000	242,754,000	24,443,000	-83,432,000	4,959,000	287,495,000
content acquisitions
payment of cash dividend								-9,636,000	-9,725,000	-9,662,000		-8,633,000	-8,665,000	-8,706,000		-7,683,000	-7,671,000	-7,646,000		-6,149,000	-6,058,000	-6,040,000
long-term incentives related to acquisitions																			0	0	0	-7,759,000
long term investments
security deposit (payment) / release																-73,000	-54,000	-11,000
net proceeds from issuance of common stock																			0
net (decrease) / increase in cash, cash equivalents and restricted cash															13,438,000	-110,467,000
proceeds from sale of webdam																							0	0	0	2,500,000	0
purchase of treasury shares																																0	0	-24,977,000		-448,000	-16,725,000	-27,743,000
net cash (used in) / provided by financing activities
gain on sale of webdam																											0	0	0	-38,613,000
business and asset acquisitions
net increase / (decrease) in cash, cash equivalents and restricted cash
security deposit release																				191,000	74,000	31,000							-48,000	34,000
net increase in cash, cash equivalents and restricted cash																				71,970,000	15,446,000	-10,163,000		26,327,000	18,928,000	9,289,000
settlement of contingent consideration liability in excess of acquisition-date fair value																															0	0	0	-6,255,000	0	0
investment sales
acquisitions of businesses, net of cash acquired
other investments / advances
cash paid for special dividend																											0
settlement of contingent consideration liability																															0	0	0	-3,745,000	0	0
loss on impairment of long-term investment asset
acquisition of businesses, net of cash acquired
acquisition of digital content																								-619,000	-732,000	-545,000	-1,016,000	-1,580,000	-607,000	-635,000	-393,000	-1,017,000	-798,000	-753,000	-1,831,000	-4,752,000	-834,000	-628,000	-789,000
net cash (used in) / provided by investing activities
change in fair value of contingent consideration																																			325,000	105,000	130,000	2,365,000	3,330,000	540,000	383,000	517,000	70,000
bad debt reserve																																			-346,000	636,000	1,519,000	1,183,000	2,010,000	351,000	468,000	346,000	327,000	127,000	62,000	220,000	160,000	84,000
chargeback and sales refund reserves																																			-15,000	77,000			-7,000	-235,000	0	20,000	65,000
security deposit (payment)/release																											-15,000					0	28,000	2,000
proceeds from issuance of common stock under employee stock purchase plan																																							816,000				0
acquisition of business
other investments/advances																												0	0	-15,000,000	-1,986,000
acquisition of business - working capital adjustment																													0	-845,000
proceeds from sale of digital asset management business																													54,000	42,338,000
net increase/(decrease) in cash, cash equivalents and restricted cash
cash (received)/paid for income taxes																													1,711,000	-1,835,000
investment sales/(purchases)
security deposit (payment)/receipt
net increase in cash and cash equivalents																																							11,697,000				29,909,000	22,873,000	2,623,000	82,716,000	5,790,000	4,917,000
cash and cash equivalents—beginning																																									0	233,453,000	0	0	155,355,000	0	0	102,096,000
cash and cash equivalents—ending																																									21,000,000	190,479,000	29,909,000	22,873,000	157,978,000	82,716,000	5,790,000	107,013,000
investment sales (purchases)
acquisition of business, net of cash acquired
proceeds from issuance of common stock under 2012 employee stock purchase plan																																				0					1,048,000	4,000
investment purchases																																	115,000	-1,515,000
write-off of property and equipment																																											0	0	367,000
tax effect from exercise/vesting of equity awards																																			-133,000	-805,000	-151,000	1,514,000
income taxes payable																																			-6,212,000	1,892,000	-5,464,000	612,000	-503,000			829,000						4,626,000
investment (purchases)/sales
credit card receivables																																				-56,000	352,000	-1,697,000	1,109,000
purchase of investments																																				-69,884,000	-72,447,000	-59,951,000	-67,077,000
sale and maturities of investments																																				72,500,000	72,500,000	52,100,000	72,500,000	74,898,000	62,498,000	68,455,000	78,004,000	71,300,000	69,935,000
excess tax benefit from the exercise of stock options																																									1,601,000	99,000	1,503,000	2,376,000	6,345,000	2,217,000
amortization of deferred financing fees																																														0	0	125,000
net proceeds from issuance of common stock in follow-on offering
payment of term loan
payment of offering fees
tax benefit from exercise/vesting of equity awards
security deposit receipt
supplemental disclosure of non-cash investing and financing activities:
capital expenditures in accounts payable and other liabilities																																											3,500,000	-2,537,000	3,473,000
acquisition of businesses, net of cash
income taxes																																									6,490,000	1,317,000	76,000	104,000	55,000	0	12,930,000	1,264,000
security deposit receipt/
effect of foreign exchange rates changes on cash																																												18,000	4,000
interest																																														0	0	34,000
chargeback reserve and sales refund reserve																																													45,000
accounts payable and other liabilities																																													2,221,000	3,335,000
contributors royalties payable																																													1,762,000	860,000
credit card receivable
due from member
acquisition of patents
security (payment) deposit /receipt
(payment) proceeds of term loan
payment of term loan fee
members’ distributions
supplemental disclosure of non-cash investing activities:
capital expenditures in accounts payable
chargeback reserve																																															0	20,000
contributors payable																																																1,002,000
due from (to) member
term loan facility
payment of deferred offering fees
non-cash financing activities:
preferred members’ interest accretion

We provide you with 20 years of cash flow statements for Shutterstock stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as operating cash flows, cash levels, capital expenditures, profits, stock-based compensations and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Shutterstock stock. Explore the full financial landscape of Shutterstock stock with our expertly curated income statements.

The information provided in this report about Shutterstock stock is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.