Getty Images Holdings, Inc.
For the period ended Dec 31, 2024. Filed Mar 17, 2025.
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FY2024 · Filed Mar 17, 2025
GETY$0.08-41.0%Stored close · as of Sep 28, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
(In thousands, except share and per share amounts)
| Year Ended December 31, | |||
|---|---|---|---|
| 2024 | 2023 | 2022 | |
| Revenue | $939,287 | $916,555 | $926,244 |
| Operating expenses: | |||
| Cost of revenue (exclusive of depreciation and amortization) | 253,068 | 250,249 | 254,990 |
| Selling, general and administrative expenses | 407,796 | 402,516 | 375,582 |
| Depreciation | 58,987 | 54,374 | 49,574 |
| Amortization | 2,306 | 24,069 | 43,645 |
| Loss on litigation | 20,491 | 116,051 | 1,101 |
| Recovery of loss on litigation | — | (60,000) | — |
| Other operating expenses (income) – net | 15,834 | 1,624 | (681) |
| Total operating expenses | 758,482 | 788,883 | 724,211 |
| Income from operations | 180,805 | 127,672 | 202,033 |
| Other (expense) income, net: | |||
| Interest expense | (131,408) | (126,884) | (117,229) |
| (Loss) gain on fair value adjustment for swaps – net | (1,459) | (7,573) | 23,508 |
| Foreign exchange gain (loss) – net | 36,071 | (23,772) | 24,643 |
| Loss on extinguishment of debt | — | — | (2,693) |
| Net loss on fair value adjustment for warrant liabilities | — | — | (160,728) |
| Other non-operating income (expense) – net | 2,946 | 3,652 | (3,051) |
| Total other expense – net | (93,850) | (154,577) | (235,550) |
| Income (loss) before income taxes | 86,955 | (26,905) | (33,517) |
| Income tax (expense) benefit | (47,483) | 46,482 | (44,126) |
| Net income (loss) | 39,472 | 19,577 | (77,643) |
| Less: | |||
| Net income (loss) attributable to non-controlling interest | (61) | 238 | (89) |
| Premium on early redemption of Redeemable Preferred Stock | — | — | 26,678 |
| Redeemable Preferred Stock dividend | — | — | 43,218 |
| Net income (loss) attributable to Getty Images Holdings, Inc. | $39,533 | $19,339 | $(147,450) |
| Net income (loss) share attributable to Class A Getty Images Holdings, Inc. common stockholders: | |||
| Basic | $0.10 | $0.05 | (0.53) |
| Diluted | $0.10 | $0.05 | (0.53) |
| Weighted-average Class A common shares outstanding: | |||
| Basic | 409,144,863 | 399,037,805 | 276,942,660 |
| Diluted | 414,870,801 | 411,495,025 | 276,942,660 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.