Shutterstock, Inc.
For the period ended Dec 31, 2025. Filed Feb 17, 2026.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Feb 17, 2026
SSTK$2.96-0.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In thousands, except per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2025 | 2024 | 2023 | |
| Revenue | $989,925 | $935,262 | $874,587 |
| Operating expenses: | |||
| Cost of revenue | 406,846 | 396,297 | 352,630 |
| Sales and marketing | 220,977 | 222,704 | 214,749 |
| Product development | 89,033 | 88,417 | 96,162 |
| General and administrative | 198,010 | 159,136 | 142,646 |
| Total operating expenses | 914,866 | 866,554 | 806,187 |
| Income from operations | 75,059 | 68,708 | 68,400 |
| Bargain purchase gain | — | — | 50,261 |
| Interest expense | (16,826) | (10,561) | (1,857) |
| Other income, net | 17,098 | 4,401 | 5,664 |
| Income before income taxes | 75,331 | 62,548 | 122,468 |
| Provision for income taxes | 29,835 | 26,616 | 12,199 |
| Net income | $45,496 | $35,932 | $110,269 |
| Earnings per share: | |||
| Basic | $1.29 | $1.02 | $3.07 |
| Diluted | $1.25 | $1.01 | $3.04 |
| Weighted average shares outstanding: | |||
| Basic | 35,290 | 35,330 | 35,878 |
| Diluted | 36,268 | 35,658 | 36,242 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.