Shutterstock generated Q4 2025 revenue of 220221000, down year-over-year, and reported a net loss of 16019000 driven by unrealized investment losses and merger-related expenses. Adjusted net income was 24889000 with adjusted EBITDA of 46789000, reflecting resilient underlying profitability despite revenue pressure.
Shutterstock delivered Q3 2025 revenue of 260094000, up 4% year-over-year, with net income of 13400000 and diluted EPS of 0.37. Adjusted net income was 36400000 with adjusted EPS of 0.99. Cash and cash equivalents increased to 165500000 during the quarter. Revenue growth was driven by strong performance in Data, Distribution & Services despite a decline in Content revenue. :contentReference[oaicite:0]{index=0}
Shutterstock reported Q2 2025 revenue of 267000000 with net income of 29400000 and EPS of 0.82, driven by growth across its Content and Data, Distribution & Services segments and contributions from the Envato acquisition. Adjusted net income and EBITDA also increased year-over-year, highlighting improved underlying performance. Subscriber count expanded significantly.
Shutterstock, a global creative platform, reported a strong start to 2025 with first quarter revenues of $242.6 million, a 13% increase year-over-year. Net income rose to $18.7 million, and adjusted EBITDA increased by 13% to $63.4 million, driven by the contribution from the Envato acquisition.
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.
Shutterstock reported record revenue of $250.6 million and adjusted EBITDA, exceeding expectations, driven by the Envato acquisition and growth in Content and Data, Distribution, and Services.
Shutterstock's second quarter 2024 financial results showed revenue of $220.1 million, a 5% increase compared to the second quarter of 2023. Net income was $3.6 million, a decrease from $50.0 million in the same period last year. The company completed the acquisition of Envato Pty Ltd. on July 22, 2024.
Shutterstock reported first quarter revenue of $214.3 million, consistent with the previous year. Net income decreased to $16.1 million, impacted by expenses related to the Giphy workforce, increased marketing, and acquisition costs. The company has entered into an agreement to acquire Envato to expand its content breadth and reach.
Shutterstock's Q4 2023 revenue remained flat compared to Q4 2022, with a net loss of $1.0 million and adjusted EBITDA decreasing by 21% to $46.3 million. The decrease in net income was unfavorably impacted by expenses associated with reimbursable costs paid to the Giphy workforce in addition to increased marketing expenses, while the decrease in adjusted EBITDA was primarily due to higher operating expenses associated with the acquisition of Giphy.
Shutterstock reported a 14% increase in revenue to $233.2 million, driven by a 60% surge in Enterprise sales. Net income rose by 23% to $28.4 million, and adjusted EBITDA increased by 15% to $64.7 million. The company raised its full-year revenue and EBITDA guidance for 2023.
Shutterstock reported a 1% increase in revenue to $208.8 million and a 157% increase in net income to $50.0 million compared to the second quarter of 2022. The company's performance was bolstered by a strategic partnership with Google, the acquisition of GIPHY, and a focus on optimizing its content business. Shutterstock also increased its full-year 2023 guidance on both revenue and adjusted EBITDA.
Shutterstock reported strong first-quarter results, driven by the integration of generative AI and landmark data partnerships. Revenue increased by 8% to $215.3 million, and net income increased by 24% to $32.8 million. The company's investments are paying off, as demonstrated by record Adjusted EBITDA and increased guidance for the full year.
Shutterstock reported a 6% increase in revenue to $217.7 million and a 49% increase in Adjusted EBITDA to $58.3 million. Net income decreased 58% to $7.0 million, while adjusted net income per diluted share increased to $1.05. The company's subscriber base grew, and it integrated generative AI into its Creative Flow platform.
Shutterstock reported a 5% increase in revenue to $204.1 million, with a 44% increase in net income to $23.0 million. The company's adjusted EBITDA increased by 26% to $56.0 million. The company revised its full year revenue target to $815 million.
Shutterstock's Q2 2022 financial results showed a 9% increase in revenue, reaching $206.9 million. The company experienced growth in both E-commerce and Enterprise sales channels, driven by recent acquisitions and multi-asset product offerings. However, net income decreased by 34% to $19.4 million, and adjusted EBITDA decreased by 8% to $48.9 million.
Shutterstock's Q1 2022 results showed a 9% increase in revenue to $199.1 million, driven by strong performance in the Enterprise channel and contributions from recent acquisitions. However, the company experienced a decrease in income from operations by 16% to $31.9 million and a decrease in net income by 10% to $26.6 million.
Shutterstock's Q4 2021 revenue increased by 14% to $205.8 million compared to Q4 2020. Net income decreased by 35% to $16.9 million, and adjusted EBITDA decreased by 19% to $39.2 million.
Shutterstock's Q3 2021 revenue increased by 18% to $194.4 million, driven by growth in both E-commerce and Enterprise channels. Net income decreased by 29% to $16.0 million, and diluted EPS decreased by 31% to $0.43 per share. The company raised its full year 2021 guidance for revenue, Adjusted EBITDA, and Adjusted net income per diluted share.
Shutterstock reported a strong second quarter in 2021, with revenue increasing by 19% to $189.9 million and net income increasing by 55% to $29.5 million. The company's performance was driven by robust demand across revenue channels, content types, and product offerings.
Shutterstock reported a strong first quarter in 2021, marked by a 14% increase in revenue to $183.3 million and a substantial rise in net income, which increased by 584% to $29.5 million. The company's subscription products resonated well in the market, driving growth and leading to an increase in the full-year 2021 revenue and EBITDA guidance.
Shutterstock reported a strong finish to 2020 with revenue increasing by 9% to $180.9 million and net income increasing by 495% to $25.9 million. The company saw growth across all geographies and channels, including a return to growth in the Enterprise channel. The acquisition of Turbosquid is expected to generate valuable synergies and additional growth opportunities.
Shutterstock reported a strong third quarter with a 4% increase in revenue to $165.2 million. Net income increased significantly by $17.6 million to $22.6 million, and diluted EPS rose to $0.62 per share. The company saw a substantial improvement in margins, driving an increase in adjusted EBITDA by $25.8 million to $47.4 million.
Shutterstock reported a slight decrease in revenue for Q2 2020, but experienced significant increases in income from operations and net income. The company's margin expansion initiatives have begun to take hold, resulting in record adjusted EBITDA for the quarter. Subscriber base and subscriber revenue increased, while paid downloads decreased.
Shutterstock's Q1 2020 revenue decreased by 1% to $161.3 million compared to Q1 2019. Net income decreased by 43% to $4.3 million, and diluted EPS decreased to $0.12 per share. The company withdrew its 2020 financial guidance due to the COVID-19 pandemic, but expects to produce significant earnings and free cash flow in 2020.
Shutterstock reported a 3% increase in revenue to $166.4 million for Q4 2019. Net income decreased by 71% to $4.4 million, and adjusted EBITDA decreased by 29% to $24.1 million. The company announced a quarterly dividend of $0.17 per share.