SSTK Financials Shutterstock, Inc.

13 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 28 h ago Overview →

Growth & profitability

Revenue has grown 8.2% per year over the past 5 years.
Net income has grown slower than revenue (-8.7% vs 8.2% per year).
Operating margin has contracted, at 7.6% in the latest year.
Free cash flow has declined 2.3% per year over the past 5 years.

Financial health

Total debt ($275M) exceeds cash ($178M); net debt is $97M.
Total debt has grown faster than revenue (202.6% vs 8.2% per year).
Operating income covered interest expense 4.5× in the latest year.
Total debt is 1.7× EBITDA.

Shareholder returns

Dividends have been paid for 6 consecutive years, consuming 102.3% of earnings and 37.6% of free cash flow.
The dividend has grown 13.8% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
2025	$990M	$45M	58.9%	7.6%	$124M	$275M	$178M
2024	$935M	$36M	57.6%	7.3%	-$15M	$278M	$111M
2023	$875M	$110M	59.7%	7.8%	$96M	$30M	$100M
2022	$828M	$76M	62.0%	11.3%	$115M	—	$115M
2021	$773M	$92M	64.1%	14.0%	$188M	—	$314M
2020	$667M	$72M	61.1%	12.8%	$139M	—	$429M
2019	$651M	$20M	57.2%	3.1%	$77M	—	$303M
2018	$623M	$55M	57.1%	5.2%	$67M	—	$231M
2017	$557M	$17M	58.2%	4.7%	$53M	—	$253M
2016	$494M	$33M	58.9%	9.3%	$61M	—	$224M
2015	—	$20M	—	—	$73M	—	$241M
2014	—	$22M	—	—	—	—	$233M
2013	—	$26M	—	—	—	—	$155M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	FCF	Total debt	Cash
Mar '26	$199M	-$48M	52.4%	-15.5%	$6M	$274M	$163M
Dec '25	$220M	-$16M	55.8%	-1.1%	$26M	$275M	$178M
Sep '25	$260M	$13M	60.6%	12.5%	$68M	$275M	$166M
Jun '25	$267M	$29M	60.3%	13.0%	$16M	$276M	$116M
Mar '25	$243M	$19M	58.4%	4.2%	$14M	$277M	$112M
Dec '24	$250M	-$1M	55.1%	5.3%	-$952000	$278M	$111M
Sep '24	$251M	$18M	58.3%	7.2%	-$26M	$279M	$131M
Jun '24	$220M	$4M	58.5%	9.4%	$19M	—	$75M
Mar '24	$214M	$16M	58.8%	7.8%	-$6M	—	$72M
Dec '23	$217M	-$1M	55.9%	1.0%	$24M	$30M	$100M
Sep '23	$233M	$28M	59.6%	7.4%	-$2M	—	$75M
Jun '23	$209M	$50M	59.6%	4.2%	$19M	—	$87M
Mar '23	$215M	$33M	63.7%	18.8%	$54M	—	$96M
Dec '22	$218M	$7M	59.6%	3.5%	$51M	—	$115M
Sep '22	$204M	$23M	60.8%	14.1%	$26M	—	$76M
Jun '22	$207M	$19M	62.8%	12.3%	$28M	—	$84M
Mar '22	$199M	$27M	65.1%	16.0%	$11M	—	$258M
Dec '21	$206M	$17M	61.9%	7.1%	$48M	—	$314M
Sep '21	$194M	$16M	64.2%	11.4%	$49M	—	$301M
Jun '21	$190M	$29M	64.3%	17.5%	$65M	—	$411M

Valuation over time

How the market has priced SSTK against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 35.0× (Mar '23) to 11.3× (Jun '26).
The price-to-sales ratio has fallen from 3.2× (Mar '23) to 0.5× (Jun '26).
The dividend yield has risen from 1.3% (Mar '23) to 9.1% (Jun '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is SSTK growing its revenue and profit?

Over the past 5 years, Shutterstock, Inc.'s revenue has grown 8.2% per year, and net income declined 8.7% per year. These are computed facts, not advice.

How much debt does SSTK have?

As of FY2025, Shutterstock, Inc. reported $275M of total debt against $178M of cash; operating income covered interest expense 4.5×.

What is SSTK's profit margin?

In FY2025, gross margin was 58.9%, operating margin 7.6%, and net margin 4.6%.

What is SSTK's P/E ratio?

As of Jun '26, Shutterstock, Inc. traded at a price-to-earnings ratio of about 11.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.