7Baggers

Shutterstock Quarterly Income Statements Chart

Quarterly
 | 
Annual
 
 Revenue  
 Gross Profit  
 Operating Profit  
 Net Income  
20200930 20201231 20210331 20210630 20210930 20211231 20220331 20220630 20220930 20221231 20230331 20230630 20230930 20231231 20240331 20240630 20240930 20241231 20250331 20250630 -1.4336.9275.26113.61151.95190.3228.64266.99Milllion

Shutterstock Quarterly Income Statements Table

Quarterly
 | 
Annual
 
Unit: USD2025-06-30 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 2012-09-30 
                                                   
  revenue266,990,000 242,620,000 250,306,000 250,588,000 220,053,000 214,315,000 217,219,000 233,248,000 208,840,000 215,280,000 217,726,000 204,096,000 206,872,000 199,132,000 205,783,000 194,439,000 189,912,000 183,281,000 180,944,000 165,227,000 159,230,000 161,285,000 166,371,000 159,079,000 161,741,000 163,332,000 162,072,000 151,575,000 156,584,000 153,019,000 151,829,000 141,063,000 133,995,000 130,224,000 130,173,000 123,073,000 124,419,000 116,652,000 116,002,000 107,260,000 104,365,000 97,522,000 83,730,000 80,238,000 72,777,000 59,558,000 56,809,000 51,117,000 42,260,000 
  yoy21.33% 13.21% 15.23% 7.43% 5.37% -0.45% -0.23% 14.28% 0.95% 8.11% 5.80% 4.97% 8.93% 8.65% 13.73% 17.68% 19.27% 13.64% 8.76% 3.86% -1.55% -1.25% 2.65% 4.95% 3.29% 6.74% 6.75% 7.45% 16.86% 17.50% 16.64% 14.62% 7.70% 11.63% 12.22% 14.74% 19.22% 19.62% 38.54% 33.68% 43.40% 63.74% 47.39% 56.97% 72.21%     
  qoq10.04% -3.07% -0.11% 13.88% 2.68% -1.34% -6.87% 11.69% -2.99% -1.12% 6.68% -1.34% 3.89% -3.23% 5.83% 2.38% 3.62% 1.29% 9.51% 3.77% -1.27% -3.06% 4.58% -1.65% -0.97% 0.78% 6.93% -3.20% 2.33% 0.78% 7.63% 5.27% 2.90% 0.04% 5.77% -1.08% 6.66% 0.56% 8.15% 2.77% 7.02% 16.47% 4.35% 10.25% 22.20% 4.84% 11.14% 20.96%  
  operating expenses:                                                 
  cost of revenue105,994,000 100,888,000 112,434,000 104,405,000 91,254,000 88,204,000 95,832,000 94,219,000 84,416,000 78,163,000 87,925,000 79,911,000 77,019,000 69,451,000 78,436,000 69,634,000 67,757,000 61,832,000 66,308,000 60,331,000 63,811,000 69,123,000 71,797,000 68,635,000 68,526,000 69,218,000 68,829,000 66,461,000 67,891,000 64,490,000 64,590,000 58,812,000 57,289,000 52,411,000 52,637,000 50,184,000 52,245,000 48,063,000 47,944,000 44,512,000 42,545,000 39,526,000 33,260,000 32,047,000 29,108,000 22,936,000 21,768,000 19,821,000 16,208,000 
  gross profit160,996,000 141,732,000 137,872,000 146,183,000 128,799,000 126,111,000 121,387,000 139,029,000 124,424,000 137,117,000 129,801,000 124,185,000 129,853,000 129,681,000 127,347,000 124,805,000 122,155,000 121,449,000 114,636,000 104,896,000 95,419,000 92,162,000 94,574,000 90,444,000 93,215,000 94,114,000 93,243,000 85,114,000 88,693,000 88,529,000 87,239,000 82,251,000 76,706,000 77,813,000 77,536,000 72,889,000 72,174,000 68,589,000 68,058,000 62,748,000 61,820,000 57,996,000 50,470,000 48,191,000 43,669,000 36,622,000 35,041,000 31,296,000 26,052,000 
  yoy25.00% 12.39% 13.58% 5.15% 3.52% -8.03% -6.48% 11.95% -4.18% 5.73% 1.93% -0.50% 6.30% 6.78% 11.09% 18.98% 28.02% 31.78% 21.21% 15.98% 2.36% -2.07% 1.43% 6.26% 5.10% 6.31% 6.88% 3.48% 15.63% 13.77% 12.51% 12.84% 6.28% 13.45% 13.93% 16.16% 16.75% 18.27% 34.85% 30.21% 41.56% 58.36% 44.03% 53.98% 67.62%     
  qoq13.59% 2.80% -5.69% 13.50% 2.13% 3.89% -12.69% 11.74% -9.26% 5.64% 4.52% -4.36% 0.13% 1.83% 2.04% 2.17% 0.58% 5.94% 9.29% 9.93% 3.53% -2.55% 4.57% -2.97% -0.96% 0.93% 9.55% -4.04% 0.19% 1.48% 6.06% 7.23% -1.42% 0.36% 6.38% 0.99% 5.23% 0.78% 8.46% 1.50% 6.59% 14.91% 4.73% 10.36% 19.24% 4.51% 11.97% 20.13%  
  gross margin %60.30% 58.42% 55.08% 58.34% 58.53% 58.84% 55.88% 59.61% 59.58% 63.69% 59.62% 60.85% 62.77% 65.12% 61.88% 64.19% 64.32% 66.26% 63.35% 63.49% 59.93% 57.14% 56.85% 56.85% 57.63% 57.62% 57.53% 56.15% 56.64% 57.85% 57.46% 58.31% 57.25% 59.75% 59.56% 59.22% 58.01% 58.80% 58.67% 58.50% 59.23% 59.47% 60.28% 60.06% 60.00% 61.49% 61.68% 61.22% 61.65% 
  sales and marketing57,077,000 53,359,000 59,184,000 55,403,000 51,881,000 56,236,000 62,665,000 56,165,000 48,392,000 47,527,000 47,819,000 47,777,000 54,229,000 53,329,000 62,605,000 54,456,000 45,896,000 41,921,000 44,369,000 36,655,000 35,557,000 42,660,000 47,182,000 45,614,000 44,488,000 44,446,000 43,034,000 41,028,000 42,018,000 40,368,000 40,844,000 36,008,000 37,109,000 32,503,000 34,990,000 32,977,000 31,571,000 27,088,000 26,709,000 27,393,000 27,429,000 25,105,000 21,122,000 20,492,000 19,276,000 14,947,000 13,314,000 11,978,000 9,633,000 
  product development20,754,000 19,865,000 18,897,000 28,610,000 19,859,000 21,051,000 23,440,000 28,098,000 29,218,000 15,406,000 17,112,000 17,534,000 17,162,000 13,626,000 15,725,000 13,565,000 11,993,000 10,731,000 9,867,000 10,617,000 12,485,000 13,069,000 15,103,000 13,533,000 13,594,000 14,986,000 11,689,000 14,032,000 16,728,000 16,448,000 15,210,000 13,340,000 12,892,000 11,044,000 12,989,000 11,604,000 11,971,000 11,225,000 9,622,000 10,827,000 10,189,000 10,684,000 9,870,000 9,275,000 7,777,000 5,685,000 5,060,000 4,555,000 3,992,000 
  general and administrative48,434,000 58,307,000 46,644,000 44,021,000 36,393,000 32,078,000 33,158,000 37,574,000 38,099,000 33,815,000 38,559,000 30,189,000 33,088,000 30,808,000 34,423,000 34,615,000 31,041,000 30,679,000 32,807,000 28,277,000 24,832,000 30,652,000 26,486,000 28,114,000 32,063,000 26,583,000 22,881,000 23,355,000 24,322,000 27,224,000 23,994,000 27,333,000 23,420,000 23,963,000 16,358,000 17,020,000 18,155,000 19,454,000 16,698,000 16,441,000 14,536,000 13,972,000 10,588,000 9,994,000 7,517,000 6,076,000 5,734,000 4,780,000 3,536,000 
  total operating expenses232,259,000 232,419,000 237,159,000 232,439,000 199,387,000 197,569,000 215,095,000 216,056,000 200,125,000 174,911,000 210,079,000 175,411,000 181,498,000 167,214,000 191,189,000 172,270,000 156,687,000 145,163,000 153,351,000 135,880,000 136,685,000 155,504,000 160,568,000 155,896,000 158,671,000 155,233,000 146,433,000 144,876,000 150,959,000 148,530,000 144,638,000 135,493,000 130,710,000 119,921,000 116,974,000 111,785,000 113,942,000 105,830,000 100,973,000 99,173,000 94,699,000 89,287,000 74,840,000 71,808,000 63,678,000 49,644,000 45,876,000 41,134,000 33,369,000 
  income from operations34,731,000 10,201,000 13,147,000 18,149,000 20,666,000 16,746,000 2,124,000 17,192,000 8,715,000 40,369,000 7,647,000 28,685,000 25,374,000 31,918,000 14,594,000 22,169,000 33,225,000 38,118,000 27,593,000 29,347,000 22,545,000 5,781,000 5,803,000 3,183,000 3,070,000 8,099,000 15,639,000 6,699,000 5,625,000 4,489,000 7,191,000 5,570,000 3,285,000 10,303,000 13,199,000 11,288,000 10,477,000 10,822,000 15,029,000 8,087,000 9,666,000 8,235,000 8,890,000 8,430,000 9,099,000 9,914,000 10,933,000 9,983,000 8,891,000 
  yoy68.06% -39.08% 518.97% 5.57% 137.13% -58.52% -72.22% -40.07% -65.65% 26.48% -47.60% 29.39% -23.63% -16.27% -47.11% -24.46% 47.37% 559.37% 375.50% 821.99% 634.36% -28.62% -62.89% -52.49% -45.42% 80.42% 117.48% 20.27% 71.23% -56.43% -45.52% -50.66% -68.65% -4.80% -12.18% 39.58% 8.39% 31.41% 69.06% -4.07% 6.23% -16.94% -18.69% -15.56% 2.34%     
  qoq240.47% -22.41% -27.56% -12.18% 23.41% 688.42% -87.65% 97.27% -78.41% 427.91% -73.34% 13.05% -20.50% 118.71% -34.17% -33.28% -12.84% 38.14% -5.98% 30.17% 289.98% -0.38% 82.31% 3.68% -62.09% -48.21% 133.45% 19.09% 25.31% -37.57% 29.10% 69.56% -68.12% -21.94% 16.93% 7.74% -3.19% -27.99% 85.84% -16.34% 17.38% -7.37% 5.46% -7.35% -8.22% -9.32% 9.52% 12.28%  
  operating margin %13.01% 4.20% 5.25% 7.24% 9.39% 7.81% 0.98% 7.37% 4.17% 18.75% 3.51% 14.05% 12.27% 16.03% 7.09% 11.40% 17.49% 20.80% 15.25% 17.76% 14.16% 3.58% 3.49% 2.00% 1.90% 4.96% 9.65% 4.42% 3.59% 2.93% 4.74% 3.95% 2.45% 7.91% 10.14% 9.17% 8.42% 9.28% 12.96% 7.54% 9.26% 8.44% 10.62% 10.51% 12.50% 16.65% 19.25% 19.53% 21.04% 
  interest expense-4,224,000 -4,298,000 -4,987,000 -4,451,000                                              
  other income / (expense)12,624,000      1,479,000 557,000 726,000     758,000   1,323,000      2,816,000 465,000 584,000                         
  income before income taxes43,131,000 20,418,000 8,071,000 17,527,000 16,560,000 20,390,000 2,060,000 27,613,000 51,381,000 41,414,000 8,509,000 27,139,000 22,713,000 32,676,000 14,112,000 20,420,000 34,548,000 35,656,000 32,356,000 28,179,000 22,694,000 6,294,000        43,904,000 8,828,000 5,700,000 4,795,000 10,758,000 12,032,000 11,390,000 10,265,000 10,810,000 11,669,000 7,320,000 9,609,000 5,673,000 8,840,000 8,411,000 9,120,000   9,971,000 8,888,000 
  benefit from income taxes13,691,000 1,730,000   12,935,000 4,269,000   1,368,000 8,571,000 1,463,000 4,099,000 3,268,000 6,104,000 -2,774,000 4,391,000 5,094,000 6,142,000   3,707,000 1,976,000    1,473,000    11,323,000 6,772,000 698,000 1,729,000 4,155,000 2,177,000 1,999,000 3,016,000 4,677,000 4,800,000 3,217,000 4,272,000 2,431,000 3,562,000 3,550,000 4,202,000 3,740,000 4,090,000 4,406,000 146,000 
  net income29,440,000 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  7,522,000 14,913,000 7,447,000  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 5,337,000 3,242,000 5,278,000 4,861,000 4,918,000 6,194,000 6,863,000 5,565,000 8,742,000 
  yoy712.14% 15.92% 42.05% -38.02% -92.75% -50.91% -114.28% 23.35% 157.20% 23.60% -58.27% 43.74% -33.98% -9.97% -34.75% -29.02% 55.13% 583.51% 494.51% 357.68%  -42.60% -70.81% -33.75%  -76.91% 625.34% 48.88%  393.43% -79.14% -46.74% -57.70% 7.66% 43.47% 128.88% 35.83% 89.17% 30.14% -15.59% 8.52% -47.66% -23.09% -12.65% -43.74%     
  qoq57.53% -1407.77% -108.11% 385.93% -77.51% -1702.49% -103.54% -43.18% 52.28% 366.12% -69.42% 18.49% -26.82% 57.36% 5.35% -45.58% -0.20% 14.05% 14.60% 18.93% 339.72% -0.80% -11.78%   -49.56% 100.26%   1484.68% -58.90% 63.14% -53.57% -33.00% 4.94% 29.55% 18.20% -10.71% 67.41% -23.12% 64.62% -38.58% 8.58% -1.16% -20.60% -9.75% 23.32% -36.34%  
  net income margin %11.03% 7.70% -0.57% 7.03% 1.65% 7.52% -0.46% 12.18% 23.95% 15.26% 3.24% 11.29% 9.40% 13.34% 8.21% 8.24% 15.51% 16.10% 14.30% 13.67% 11.92% 2.68% 2.62% 3.10% 0% 4.61% 9.20% 4.91% 0% 21.29% 1.35% 3.55% 2.29% 5.07% 7.57% 7.63% 5.83% 5.26% 5.92% 3.83% 5.11% 3.32% 6.30% 6.06% 6.76% 10.40% 12.08% 10.89% 20.69% 
  earnings per share:                                                 
  basic0.84 0.54 -0.03 0.5 0.1 0.45 -0.03 0.79 1.39 0.92 0.2 0.64 0.54 0.73 0.47 0.44 0.81 0.81 0.72 0.63 0.53 0.12 0.12 0.14  0.21 0.43 0.21 -0.01 0.94                    
  diluted0.82 0.53 -0.03 0.5 0.1 0.45 -0.02 0.79 1.37 0.9 0.2 0.64 0.53 0.71 0.45 0.43 0.79 0.79 0.7 0.62 0.53 0.12 0.13 0.14  0.21 0.42 0.21 -0.01 0.92                    
  weighted-average common shares outstanding:                                                 
  basic35,257 34,890 35,330 35,174 35,697 35,591 35,878 35,912 36,047 35,856 36,042 35,929 36,123 36,303 36,509 36,622 36,570 36,336 35,844 35,962 35,652 35,521 35,285 35,309 35,232 35,114 34,935 34,991 34,913 34,784 34,627,000 34,643 34,581 34,597 35,114,000 35,036 34,957 35,375 35,880,000 36,039,907 35,864,051,000 35,634,837,000 35,304,066,000 35,148,876,000 35,027,480,000 33,692,876,000 33,471,679,000 33,398,797,000 20,849,242,000 
  diluted35,958 35,322 35,658 35,472 35,982 36,066 36,242 36,081 36,406 36,575 36,546 36,269 36,578 37,204 37,324 37,417 37,189 37,249 36,369 36,494 35,906 35,882 35,581 35,541 35,504 35,491 35,420 35,570 34,913 35,318 35,291,000 35,177 35,250 35,595 35,861,000 35,824 35,642 36,099 36,319,000 36,270,044 36,339,517,000 36,193,192,000 35,931,454,000 35,874,789,000 35,838,853,000 34,280,656,000 34,040,934,000 33,851,843,000 20,849,242,000 
  other income 14,515,000 1,122,500 3,829,000  3,644,000    1,045,000 -862,250 -1,546,000         149,000 513,000    896,000    802,000 523,750 130,000 1,510,000 455,000 -1,167,000 102,000 -212,000 -12,000 -3,360,000 -767,000     21,000 20,000 20,000   
  bargain purchase gain      -1,543,000 9,864,000 41,940,000                                         
  (benefit) / benefit from income taxes  4,279,000 -88,000   2,283,250 -806,000               135,500 -1,286,000                          
  other (expense) / income    -4,106,000        -2,661,000  -482,000 -1,749,000  -2,462,000 -126,500 -1,168,000                              
  weighted-average shares outstanding:                                                 
  basic35,257 34,890 35,330 35,174 35,697 35,591 35,878 35,912 36,047 35,856 36,042 35,929 36,123 36,303 36,509 36,622 36,570 36,336 35,844 35,962 35,652 35,521 35,285 35,309 35,232 35,114 34,935 34,991 34,913 34,784 34,627,000 34,643 34,581 34,597 35,114,000 35,036 34,957 35,375 35,880,000 36,039,907 35,864,051,000 35,634,837,000 35,304,066,000 35,148,876,000 35,027,480,000 33,692,876,000 33,471,679,000 33,398,797,000 20,849,242,000 
  diluted35,958 35,322 35,658 35,472 35,982 36,066 36,242 36,081 36,406 36,575 36,546 36,269 36,578 37,204 37,324 37,417 37,189 37,249 36,369 36,494 35,906 35,882 35,581 35,541 35,504 35,491 35,420 35,570 34,913 35,318 35,291,000 35,177 35,250 35,595 35,861,000 35,824 35,642 36,099 36,319,000 36,270,044 36,339,517,000 36,193,192,000 35,931,454,000 35,874,789,000 35,838,853,000 34,280,656,000 34,040,934,000 33,851,843,000 20,849,242,000 
  provision / (benefit) for income taxes                  2,820,000 5,597,000     355,000                         
  gain on sale of webdam                             38,613,000                    
  income before taxes                      4,074,250 3,648,000  8,995,000 12,356,500 6,916,000                      
  income / (loss) before taxes                        3,654,000                         
  net income /                        3,299,000                         
  earnings / (loss) per share:                                                 
  basic                        0.09                         
  diluted                        0.09                         
  other income/(expense)                          -1,500,000 217,000                      
  (benefit)/benefit from income taxes                          2,413,000 -531,000 -1,140,000                     
  other (expense)/income                            -7,019,000                     
  (loss)/income before income taxes                            -1,394,000                     
  net (loss)/income                            -254,000                     
  net income per share                                                 
  basic                              479.58 0.14 0.09 0.19 929.35 0.27 0.21 0.17 539.65 0.11          
  diluted                              469.58 0.14 0.09 0.19 909.36 0.26 0.2 0.17 539.65 0.11 150 90 150 140      
  less: undistributed earnings to participating stockholder                                                 
  net income available to common stockholders                                  9,855,000 9,391,000 7,249,000 6,133,000 6,869,000 4,103,000 5,337,000 3,241,000 5,269,000 4,851,000      
  less:                                                 
  undistributed earnings to participating stockholder                                         1,000 9,000 10,000      
  net income per basic share available to common stockholders:                                                 
  undistributed                                        150 90 150 140 140 180 200 170  
  basic                                        150 90 150 140 140 180 200 170 310 
  net income per diluted share available to common stockholders:                                                 
  diluted                              469.58 0.14 0.09 0.19 909.36 0.26 0.2 0.17 539.65 0.11 150 90 150 140      
  preferred interest distributed                                                2,263,000 
  undistributed earnings to participating stockholder/members                                            11,000 18,000 22,000 19,000  
  net income available to common stockholders/members                                            4,907,000 6,176,000 6,841,000 5,546,000  
  net income per basic share available to common stockholders/members:                                                 
  distributed                                                320 
  net income per diluted share available to common stockholders/members:                                                 
  diluted                                            140 180 200 160 310 
  income before benefit from income taxes                                             9,934,000 10,953,000   
  preferred interest discount accretion                                                 
  undistributed earnings to participating members                                                 
  net income available to common members                                                6,556,000 
  net income per basic share available to common members:                                                 
  net income per diluted share available to common members:                                                 
  diluted                                            140 180 200 160 310 

We provide you with 20 years income 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 earnings, sales and marketing expenses, research and development costs, profits, 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.