Getty Images delivered its fifth consecutive quarter of revenue growth, with total revenue reaching $234.9 million, an increase of 2.5% year-over-year. The company reported a net loss of $34.4 million, primarily due to a significant foreign exchange loss and merger-related expenses. Despite the net loss, adjusted net income saw a substantial increase to $22.2 million. The company reaffirmed its full-year 2025 revenue and Adjusted EBITDA guidance.
Despite modest revenue growth and gains in subscription revenue share, Getty Images reported a significant net loss of $102.6M in Q1 2025, impacted by foreign exchange losses, merger costs, and tax-related charges.
Getty Images reported strong performance in the third quarter of 2024, with revenue increasing by 4.9% year-over-year to $240.5 million and Adjusted EBITDA up 0.4% to $80.6 million. The company saw growth across all customer categories and a nearly 50% increase in annual subscribers.
Getty Images reported a return to growth in the second quarter of 2024, with revenue increasing by 1.5% year-over-year to $229.1 million. Net income was $3.7 million, a significant improvement from a net loss of $4.3 million in the prior year period. Adjusted EBITDA was $68.8 million, down 5.4% year-over-year.
Getty Images reported a revenue of $222.3 million for the first quarter of 2024, a 5.7% decrease year-over-year. Net income increased to $13.6 million from $3.2 million in Q1 2023, primarily due to an unrealized gain on its euro term loan. Adjusted EBITDA was $70.2 million, down 7.9% year-over-year.
Getty Images reported a Q4 2022 revenue of $231.5 million, a 3.2% decrease year-over-year, but a 3.5% increase on a currency-neutral basis. The company experienced a net loss of $23.3 million, primarily due to a $37.7 million unrealized loss related to its euro term loan. Adjusted EBITDA was $74.5 million, down 9.1% year-over-year.