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Shutterstock Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary17 Feb, 2026
Executive summary
Achieved record full-year revenue of $989.9M, up 6% year-over-year, and record adjusted EBITDA of $271.8M, with a margin of 27.5% matching previous highs.
Data, Distribution, and Services segment grew double digits, offsetting continued challenges in the Content business.
Fourth quarter revenue declined 12% year-over-year to $220.2M, with a net loss of $16.0M, impacted by merger-related costs and investment losses.
Pending merger with Getty Images remains in progress, with regulatory approvals underway.
Financial highlights
Full-year net income rose to $45.5M from $35.9M, with EPS at $1.25 versus $1.01 year-over-year.
Adjusted net income for the year was $140.5M, up from $138.7M, with adjusted EPS at $3.87.
Adjusted EBITDA increased 10% to $271.8M, driven by Envato acquisition and data deal revenue.
Q4 adjusted net income was $24.9M, up from $23.4M, with adjusted EBITDA at $46.8M, down 21% year-over-year.
Cash and cash equivalents at year-end were $178.2M, up $66.9M from prior year.
Outlook and guidance
Focus for 2026 is on simplifying Core Content business and expanding AI-driven Data, Distribution, and Services offerings.
No financial guidance provided due to pending Getty Images merger.
What caused Q4 DDS revenue decline?
Explain declining subscribers vs. revenue growth.
Detail 2026 Core Content simplification strategy.
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Next Shutterstock earnings date
Q1 20265 May, 2026
Shutterstock
Next Shutterstock earnings date
Q1 20265 May, 2026
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Shutterstock, Inc. provides content, and creative workflow solutions in North America, Europe, and internationally. It offers digital imagery services, which include licensed photographs, vectors, illustrations, and video clips that customers use in their visual communications, such as Websites, digital and print marketing materials, corporate communications, books, publications, and video content; and commercial music services comprising music tracks and sound effects that are used to complement digital imagery. The company was founded in 2003 and is headquartered in New York, New York.
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