Shutterstock, Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $989.9M | $935.3M | $874.6M | $827.8M | $773.4M |
| Cost of revenue | $406.8M | $396.3M | $352.6M | $314.3M | $277.7M |
| Research and development | $89.0M | $88.4M | $96.2M | $65.4M | $52.0M |
| Operating income | $75.1M | $68.7M | $68.4M | $93.6M | $108.1M |
| Interest expense | $16.8M | $10.6M | $1.9M | $1.3M | — |
| Pretax income | $75.3M | $62.5M | $122.5M | $91.0M | $104.7M |
| Income tax expense | $29.8M | $26.6M | $12.2M | $14.9M | $12.9M |
| Net income | $45.5M | $35.9M | $110.3M | $76.1M | $91.9M |
| Balance Sheet | |||||
| Cash and equivalents | $178.2M | $111.3M | $100.5M | $115.2M | $314.0M |
| Current assets | $338.6M | $256.0M | $292.6M | $215.7M | $388.2M |
| Total assets | $1.4B | $1.3B | $1.0B | $881.2M | $851.7M |
| Current liabilities | $628.4M | $625.3M | $452.4M | $383.7M | $333.8M |
| Total liabilities | $774.9M | $790.8M | $508.9M | $433.7M | $383.2M |
| Stockholders' equity | $581.0M | $518.4M | $527.1M | $447.5M | $468.5M |
| Cash Flow Statement | |||||
| Cash from operations | $166.7M | $32.6M | $140.6M | $158.5M | $216.4M |
| Depreciation and amortization | $90.9M | $87.6M | $79.7M | $68.5M | $48.8M |
| Stock-based compensation | $61.1M | $56.3M | $48.6M | $35.7M | $36.2M |
| Capital expenditure | $42.9M | $47.2M | $44.6M | $43.3M | $28.1M |
| Free cash flow | $123.8M | -$14.6M | $95.9M | $115.2M | $188.2M |
| Dividends paid | $46.5M | $42.4M | $38.7M | $34.6M | $30.7M |
| Share repurchases | $0 | $41.6M | $28.2M | $73.5M | $26.5M |
| Impairments | $0 | $0 | $0 | $18.7M | $0 |
Shares outstanding 36.7M
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.