Shutterstock, Inc.
For the period ended Aug 4, 2026. Filed Aug 5, 2026.
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A notice of a major event between regular reports, such as results, a deal or a change of executives. It is often the first formal record of the news.
Aug 4, 2026 · Filed Aug 5, 2026
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SSTK$2.97-3.3%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In thousands, except for per share data)
(In thousands, except for per share data)
| Three Months Ended June 30, | Six Months Ended June 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | $221,801 | $266,990 | $420,971 | $509,610 |
| Operating expenses: | ||||
| Cost of revenue | 93,787 | 105,994 | 188,575 | 206,882 |
| Sales and marketing | 48,008 | 57,077 | 96,354 | 110,436 |
| Product development | 17,574 | 20,754 | 36,979 | 40,619 |
| General and administrative | 43,930 | 48,434 | 111,515 | 106,741 |
| Goodwill impairment | 173,738 | — | 173,738 | — |
| Total operating expenses | 377,037 | 232,259 | 607,161 | 464,678 |
| (Loss) / income from operations | (155,236) | 34,731 | (186,190) | 44,932 |
| Interest expense | (3,833) | (4,224) | (7,593) | (8,522) |
| Other (expense) / income, net | (1,862) | 12,624 | (16,523) | 27,139 |
| (Loss) / income before income taxes | (160,931) | 43,131 | (210,306) | 63,549 |
| (Benefit) / provision for income taxes | (4,992) | 13,691 | (6,798) | 15,421 |
| Net (loss) / income | $(155,939) | $29,440 | $(203,508) | $48,128 |
| (Losses) / earnings per share: | ||||
| Basic | $(4.25) | $0.84 | $(5.63) | $1.37 |
| Diluted | $(4.25) | $0.82 | $(5.63) | $1.35 |
| Weighted average common shares outstanding: | ||||
| Basic | 36,703 | 35,257 | 36,126 | 35,075 |
| Diluted | 36,703 | 35,958 | 36,126 | 35,642 |
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