Getty Images Holdings, Inc.
For the period ended Mar 31, 2025. Filed May 12, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Mar 31, 2025 · Filed May 12, 2025
GETY$0.08-41.0%Stored close · as of Sep 28, 2026
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Condensed Consolidated Statements of Cash Flows
(In thousands)
| Three Months EndedMarch 31, | ||
|---|---|---|
| 2025 | 2024 | |
| CASH FLOWS FROM OPERATING ACTIVITIES: | ||
| Net (loss) income | $(102,572) | $13,587 |
| Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ||
| Depreciation and amortization | 15,513 | 14,894 |
| Foreign currency gain (losses) on foreign denominated debt | 18,330 | (11,708) |
| Equity-based compensation | 4,525 | 9,134 |
| Debt extinguishment | 5,474 | — |
| Deferred income taxes – net | 54,827 | 3,422 |
| Uncertain tax positions | 502 | (163) |
| Non-cash fair value adjustment for swaps | — | 1,459 |
| Amortization of debt issuance costs | 1,923 | 743 |
| Non-cash operating lease costs | 2,773 | 2,913 |
| Other | 3,145 | 632 |
| Changes in assets and liabilities: | ||
| Accounts receivable | (6,373) | (2,051) |
| Accounts payable | 6,075 | (8,877) |
| Accrued expenses | (4,719) | (212) |
| Insurance recovery receivable | 5,000 | 931 |
| Litigation reserves | 1,501 | 1,390 |
| Lease liabilities, non-current | (3,265) | (2,957) |
| Income taxes receivable/payable | 6,683 | 145 |
| Interest payable | (7,316) | (7,317) |
| Deferred revenue | 13,167 | 7,883 |
| Other | 191 | (2,320) |
| Net cash provided by operating activities | 15,384 | 21,528 |
| CASH FLOWS FROM INVESTING ACTIVITIES: | ||
| Acquisition of property and equipment | (15,706) | (14,452) |
| Net cash used in investing activities | (15,706) | (14,452) |
| CASH FLOWS FROM FINANCING ACTIVITIES: | ||
| Proceeds from issuance of debt | 1,040,872 | — |
| Debt refinancing costs | (35,343) | (2,201) |
| Prepayment of debt | (1,018,076) | (2,600) |
| Proceeds from common stock issuance | — | 2,021 |
| Cash paid for settlement of employee taxes related to equity-based awards | — | (2,492) |
| Net cash used in financing activities | (12,547) | (5,272) |
| Effects of exchange rates fluctuations | 6,238 | (3,918) |
| NET DECREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH | (6,631) | (2,114) |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH – Beginning of period | 125,304 | 140,850 |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH – End of period | $118,673 | $138,736 |
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