SSTK Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

03
Price $3.81
Market Cap (MRQ) $140M
P/E (TTM) -0.7
EPS (TTM) $-5.69
Revenue (TTM) $901M
ROE (TTM) -43.4%
Debt/Equity (MRQ) 0.8
52W Range $4–$30

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04
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About Shutterstock, Inc. Common Stock Company overview from Wikipedia

05 · wikidata

Shutterstock, Inc. is an American provider of stock photography, stock footage, stock music, and editing tools; it is headquartered in New York. Founded in 2002 by programmer and photographer Jon Oringer, Shutterstock maintains a library of around 200 million royalty-free stock photos, vector graphics, and illustrations, with around 10 million video clips and music available for licensing. Originally a subscription site only, Shutterstock expanded beyond subscriptions into à la carte pricing in 2008. It has been publicly traded on the New York Stock Exchange since 2012. In January 2025, it was announced that the company would be merging with Getty Images, and in July 2026 this merger was cancelled following intervention from the Competition and Market Authority in the UK

History

Founding and early years (2003–2011)

Shutterstock was founded in 2003 by American entrepreneur and computer programmer Jon Oringer. Creating his own online marketplace, Oringer initially uploaded 30,000 of his own stock photos and made them available via subscription, with unlimited downloads and a monthly starting fee of US$49. When demand exceeded his photo supply, he began hiring additional contributors. In 2006, the firm claimed that it was the "largest subscription-based stock photo agency in the world" with 570,000 images in its collection. The firm branched into film in 2006 with the launch of Shutterstock Footage. By 2007, the company had 1.8 million photos. Insight Venture Partners invested in the company that year. Shutterstock expanded beyond subscriptions into à la carte pricing in August 2008, with its "On Demand" service removing daily download limits.

On September 23, 2009, Shutterstock announced that it had purchased Bigstock, a rival credit-based microstock photography agency. Fast Company argued the deal put "Shutterstock on a competitive playing field with Getty, whose iStock Photo is also credit-based." Shutterstock had 11 million royalty-free stock images by early 2010. In February 2011, it announced a two-year partnership with the American Institute of Graphic Arts (AIGA).

Acquisitions and IPO (2012–2013)

By April 2012 the company had 18 million royalty-free stock images. The firm announced the Shutterstock Instant tool in May 2012, which displayed images in an interlocking mosaic to increase viewing speed. The product was launched by the newly formed Shutterstock Labs, which develops tools and interfaces for Shutterstock, among other projects. In May 2012, Shutterstock filed for an initial public offering on the New York Stock Exchange, which it completed on October 17, 2012, under the ticker SSTK.

Shutterstock, Inc. announced Spectrum, a new "image discovery tool," in March 2013. At the time, the firm had 24 million licensable photos, vectors and illustrations in its portfolio. In August 2013, Shutterstock and Facebook announced a partnership to integrate Shutterstock's library within Facebook's Ad Creator, allowing advertisers to select from Shutterstock's images when creating ads. At the time, Shutterstock was available in 20 languages including Thai, Korean, French, Italian, Portuguese, Spanish, German, Russian, Chinese, and Japanese.

Offset and new partnerships (2013–2014)

In September 2013, Shutterstock launched Offset, a marketplace prioritizing high end curated photos from established artists. In October 2013, the firm stated it served 750,000 customers, with 30 percent of those customers in Europe. Shutterstock's shares had reached a $2.5 billion market value by the fall of 2013, while revenue for 2013 was US$235 million.

In March 2014, Shutterstock acquired Webdam, a provider of online digital asset management software. In May 2014, the firm partnered with Salesforce to integrate Shutterstock's image library into Salesforce's Social Studio. Shutterstock debuted its Palette tool in July 2014, a "multi-color image discovery tool." The firm announced it had surpassed 2 million video clips on September 2, 2014. Shortly afterwards it revealed a new app meant to help contributors with uploading and categorizing photos. Shutterstock's revenue was $328 million in 2014, an increase of 39 percent from 2013. In 2014, Shutterstock paid "over $83 million to its roughly 80,000 contributors."

Recent developments (2015–present)

In January 2015, Shutterstock acquired both Rex Features, Europe's largest independent photo press agency for $33 million, and PremiumBeat, a stock music and sound effects service, for $32 million. Penske Media Corporation formed a partnership with Shutterstock in June 2015 to create and license entertainment and fashion images. According to the terms of the deal, by 2016 Shutterstock would have an exclusive right and license to PMC's archive, which included magazines such as Variety, Women's Wear Daily, and Deadline. Crain's wrote that with the partnership, "Shutterstock, a provider of stock imagery and music tracks, is stepping into the world of red carpets and fashion runways—and taking a key provider of fashion and entertainment photos and video away from archrival Getty Images.".

By March 2016, the company had "over 100,000 contributors," with around 70 million images and 4 million video clips available for licensing and sale. That month Shutterstock announced it would be distributing material from the Associated Press in the United States, with the deal to last 3 years and cover 30 million photos and around 2 million videos. The photos were expected to go live in April. According to Entrepreneur, Shutterstock also had an "active customer base of 1.4 million people in 150 countries."

In July 2016, Shutterstock revealed a partnership with Google advertising products including AdSense, AdWords, and AdMob. The integration allows marketers creating Google ads to directly access Shutterstock images and track ad performance via the Shutterstock API. In October 2016, the firm announced a distribution deal with the European Pressphoto Agency.

In February 2018, Shutterstock invested $15 million into China based ZCool, building on the operational relationship the two firms have had since 2014 when ZCool first became the exclusive distributor of Shutterstock creative content in China. Webdam, which Shutterstock itself acquired back in 2014, was sold to Amsterdam-based Bynder for $49.1 million to move Shutterstock's strategy away from digital asset management. Shutterstock later entered into a partnership with Tencent Social Ads, the online advertising subsidiary of Tencent.

In May 2018, IBM's Watson Content Hub, a content management system (CMS) for marketers to create content using the IBM Watson AI search tool, announced its partnership with Shutterstock, beginning July 2018.

In May 2020, the company announced that it updated its contributor earnings structure as of June 1, from a minimum flat-rate to a percentage-based model. Contributor income may be reduced from the previous minimum payment per downloaded image of 25 cents to 10 cents, or 15 percent of sales, at the entry level, with author ratings reset to zero at the beginning of each year. Many photographers voiced their opposition to the new changes.

In June 2021, Shutterstock announced a partnership with the American media conglomerate People, Inc. (then Meredith Corporation) for the exclusive rights to over 800,000 historical photographs from the LIFE Picture Collection, the archival photo collection of Life Magazine. Shutterstock currently sells commercial licenses these images through its Shutterstock Editorial brand, including many which were previously in the public domain.

In May 2022, the company acquired Pond5, an online marketplace for royalty-free and editorial video, consisting of over 30 million video clips, 1.6 million music tracks, and 1.7 million sound effect assets at the time for $210M. Also in May 2022, the company acquired Splash News, an entertainment news network for newsrooms and media companies.

Shutterstock announced it would buy Giphy from Meta Platforms for $53 million in cash in May 2023, after Meta was ordered by UK's Competition and Markets Authority to divest it.

In July 2023, Shutterstock announced a six-year partnership with OpenAI in which it would provide access to its audio, video and image libraries as training data for DALL-E. In turn, OpenAI would provide generative AI capabilities to Shutterstock's mobile users through Giphy database.

Shutterstock announced it entered into a definitive agreement to acquire Envato for $245 million in cash in May 2024, thus adding 650,000 Envato subscribers to its subscriber base and increasing its library of creative assets. The acquisition was formally finalized at the end of July 2024.

In January 2025, it was announced that the company would be merging with Getty Images. The UK's Competition and Markets Authority launched an investigation into the proposed merger in August 2025.

In February 2026, the United States Department of Justice granted unconditional antitrust clearance for the Getty Images merger. Shutterstock reported record full-year 2025 revenue of $989.9 million, up 6% year-over-year, with record adjusted EBITDA of $271.8 million.

Corporate governance

Facilities and staff

Shutterstock is headquartered in New York. In October 2013 Shutterstock opened its new European headquarters in Berlin, Germany and by March 2014, Shutterstock had additional offices in Amsterdam, Chicago, Denver, London, Montréal, Paris and San Francisco. After maintaining its New York headquarters for years in a Wall Street office, in March 2014 Shutterstock relocated into the Empire State Building. According to Inc., the office was selected with the goal of decreasing commute times for New York employees. The new location was built with no private offices, instead with 23 "pop-in rooms" for private meetings and conferences when needed.

After its founding in 2003 with CEO Jon Oringer as the sole employee, by 2007 Shutterstock had grown to 30 people. In 2010 Oringer hired Thilo Semmelbauer as COO, who had previously worked with TheLadders.com and Weight Watchers. With 295 employees as of October 2013, the firm had grown to 700 employees as of 2016. In 2014, Fast Company published an article featuring Shutterstock as an example of a successful "intrapreneur"-reliant company, touting the company's "hackathons" for fostering staff creativity.

In an attempt to penetrate the Chinese market, Shutterstock implemented compliance with Chinese law by censoring results for Chinese users. Over 180 Shutterstock employees signed a petition against the decision.

Business model

Shutterstock licenses media for online download on behalf of photographers, designers, illustrators, videographers and musicians, maintaining a library of almost 200 million royalty-free stock photos, vector graphics, and illustrations. Shutterstock also has 10 million video clips and music clips in its portfolio. While Shutterstock currently has several payment models, The Atlantic wrote in 2012 that Shutterstock "pioneered the subscription approach to stock photo sales, allowing customers to download images in bulk rather than à la carte." The Atlantic further wrote that Shutterstock is "a web community in the manner of a Facebook or a Twitter or a Pinterest, with its value relying almost entirely on the enthusiasms of its contributors."

With potential contributors able to apply to the site for free, Shutterstock has a team of reviewers "charged with ensuring editorial consistency and quality." As of 2016, if one of ten of a photographer's pictures are accepted, then they become a Shutterstock contributor. As of 2011, only around 20 percent of applicants were approved, and "less than 60 percent of all the images uploaded by those approved contributors were ultimately put up on the site." Once approved, contributors can begin uploading their work through the website. They supply keywords, categorize the images, and submit them to the "inspection queue", where images are examined for quality, usefulness and copyright and trademark laws. Each time an image is downloaded, the photographer receives a flat rate. Explains Vice, "photographers retain copyright over their images, but Shutterstock is given full permission to market, display, and license the image to the customers on their site without final approval from the photographer." As of March 2015, contributors added around 50,000 new images daily, and Shutterstock had paid around $250 million to contributors since its founding. In 2014, it paid $80 million to contributors.

Products

Shutterstock film and music

Shutterstock began licensing stock video in February 2006. Shutterstock Footage operates similarly to their image library, offering video clips by subscription or on a per-clip basis. As of 2014, Shutterstock Footage contained around 2 million royalty-free video clips. Shutterstock Music debuted later, with new content submittable by contributors.

Shutterstock apps

Shutterstock for iPad was launched in November 2011, and in May 2012 the app received a Webby Award for People's Voice in the tablet app category for utilities and services. Shutterstock for iPad was followed in 2012 by a universal iOS app, which by 2013 had been downloaded 650,000 times. The iOS app originally lacked the ability to download images, with that functionality added later. The universal iOS app also included new features for Shutterstock, including the ability to filter image searches by color. Shutterstock debuted an Android App in 2013, and in September 2014, Shutterstock launched an app dedicated to its contributors, both available for iOS and Android. The app allows contributors to upload, keyword and categorize new images.

Shutterstock Labs

In 2012, Shutterstock launched Shutterstock Labs, a lab for "exploratory tools and products." In May 2012, Shutterstock Images LLC announced the Shutterstock Instant tool, which according to the company was inspired by Shutterstock for iPad. The interface displays images in an interlocking mosaic view, allowing users to view more photos in less time. Shutterstock Instant was made available on the Shutterstock Labs website. The prototype for the search tool Spectrum was launched on March 21, 2013. With development in-house by Shutterstock Labs, the tool "indexes hexagram data to yield search results by color." In July 2014, Shutterstock launched Palette, which allows users to add colors to the terms of the search, in addition to keywords.

Computer vision

Shutterstock has developed a number of tools utilizing a "convolutional neural network" that it created to help with reverse image search technology. The network is "essentially a computer system that is trained to recognize images—there are millions of specific items such as cats, bicycles, the night sky—and pull up the most relevant photos." It "breaks down the key components of a photo numerically, drawing from its pixel data instead of metadata that is pulled from those tags and keywords."

In March 2016, Shutterstock debuted its Reverse Image Search tool. According to Entrepreneur, with the tool "users can upload an image, either from Shutterstock or another source, and the tool will call up images that look like and have a similar feel to the original photo." The reverse image search allows users to not just search by keywords, but to also find images based on "color schemes, mood, or shapes." Later that month, the firm debuted its Similar Search and Discovery tools, with the "similar search" option provided beneath photos on its website.

AI Image Generator

Shutterstock also offers an online service for generating images, based on DALL-E 2.

Criticism

Censorship of results in China

In September 2019, at the request of the Chinese government, engineers at Shutterstock began designing a regional application to comply with government censorship in China, and implemented it in October 2019. The system is designed to return no results to users with IP addresses in China in response to six queries for forbidden keywords or phrases: "Xi Jinping", "Mao Zedong", "Taiwan flag", "dictator", "Chinese flag", "yellow umbrella", or variations.

Copyright theft

In July 2020, Users at Wikimedia Commons reported widespread copyright theft at Shutterstock. Images from many Wikimedia contributors were hosted on the site. Shutterstock were first made aware of the problem in April 2020, but no action has been taken to remove the images nor any compensation offered. The copyright theft has continued into 2022.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorCommunication Services industryMedia employees1,565 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$990M
2016-12-31 → 2025-12-31
EPS$1.25
2016-12-31 → 2025-12-31
Free Cash Flow·
2016-12-31 → 2023-12-31
Net margin-22.9%
2018-12-31 → 2023-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend SSTK 5Y avg Peer Median Verdict
P/E (TTM) -0.75Y avg ≈26.3 ≈26.3 · ·
P/S (TTM) 0.25Y avg ≈3.2 ≈3.2 · ·
P/B (MRQ) 0.45Y avg ≈5.4 ≈5.4 · ·
Price / FCF (TTM) 1.65Y avg ≈18.6 ≈18.6 · ·
Price / Cash Flow (TTM) 1.15Y avg ≈14.3 ≈14.3 · ·
Price / Tangible Book (MRQ) 0.8 · · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Annualized Payout≈$1.44Paid quarterly
Growth Streak≈4Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Jun 4, 2026$0.36USD≈10.5%
Mar 5, 2026$0.36USD≈7.7%
Dec 4, 2025$0.33USD≈6.9%
Sep 4, 2025$0.33USD≈6.3%
Jun 5, 2025$0.33USD≈7.1%
Mar 6, 2025$0.33USD≈6.1%
Nov 29, 2024$0.30USD≈3.8%
Aug 29, 2024$0.30USD≈3.3%
May 30, 2024$0.30USD≈2.8%
Feb 28, 2024$0.30USD≈2.4%
Nov 29, 2023$0.27USD≈2.4%
Aug 30, 2023$0.27USD≈2.5%
May 31, 2023$0.27USD≈2.0%
Mar 1, 2023$0.27USD≈1.3%
Nov 30, 2022$0.24USD≈1.8%
Aug 31, 2022$0.24USD≈1.7%
Jun 1, 2022$0.24USD≈1.5%
Mar 2, 2022$0.24USD≈0.97%
Dec 1, 2021$0.21USD≈0.76%
Sep 1, 2021$0.21USD≈0.70%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise -12.1%
Next Report Nov 03, 2026
PeriodReportEPS ActualEPS EstSurprise
Dec. 31, 2025 $0.67 $0.82 -17.9%
June 30, 2025 $1.19 $1.17 1.4%
March 31, 2025 $1.03 $1.08 -5.0%
Dec. 31, 2024 $0.67 $0.91 -26.7%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 15
Metric Trend 2025202420232022202120202019201820172016
Revenue $990M$935M$875M$828M$773M$667M$651M$623M$557M$494M
Cost of Revenue $407M$396M$353M$314M$278M$260M$278M$268M$233M$203M
R&D Expense $89M$88M$96M$65M$52M$46M$57M$59M$52M$48M
SG&A Expense $198M$159M$143M$133M$131M$117M$113M$98M$99M$71M
Operating Expenses $915M$867M$806M$734M$665M$581M$630M$591M$531M$449M
Operating Income $75M$69M$68M$94M$108M$85M$20M$32M$26M$46M
Other Non-op $17M$4M$6M$-1M$-3M$1M$0$-5M$4M$-1M
Pretax Income $75M$63M$122M$91M$105M$90M$25M$66M$30M$44M
Income Tax $30M$27M$12M$15M$13M$18M$5M$11M$13M$12M
Net Income $45M$36M$110M$76M$92M$72M$20M$55M$17M$33M
EPS (Basic) $1.29$1.02$3.07$2.11$2.52$2.00$0.57$1.57$0.48$0.93
EPS (Diluted) $1.25$1.01$3.04$2.08$2.46$1.97$0.57$1.54$0.47$0.91
Shares (Basic) 35,290,00035,330,00035,878,00036,042,00036,509,00035,844,00035,285,00034,935,00034,627,00035,114,000
Shares (Diluted) 36,268,00035,658,00036,242,00036,546,00037,324,00036,369,00035,581,00035,420,00035,291,00035,861,000
EBITDA ··$148M$162M$157M$127M$70M$78M$62M$66M
Balance Sheet 27
Metric Trend 2025202420232022202120202019201820172016
Cash & Equivalents $178M$111M$100M$115M$314M$429M$303M$231M$253M$224M
Receivables $113M$95M$91M$67M$48M$44M$47M$41M$50M$38M
Prepaid Expense $48M$49M$101M$33M$26M$17M$27M$35M$37M$23M
Current Assets $339M$256M$293M$216M$388M$489M$377M$307M$340M$340M
PP&E (Net) $63M$66M$64M$55M$48M$51M$59M$76M$86M$56M
PP&E (Gross) $426M$383M$338M$290M$251M$223M$195M$177M$147M$88M
Accum. Depreciation $363M$316M$274M$235M$203M$172M$137M$101M$61M$32M
Goodwill $575M$570M$383M$382M$220M$89M$89M$89M$99M$49M
Intangibles $216M$248M$184M$173M$124M$26M$27M$30M$34M$30M
Other Non-current Assets $93M$84M$71M$22M$27M$21M$19M$18M$9M$3M
Total Assets $1.36B$1.31B$1.04B$881M$852M$730M$631M$531M$578M$502M
Accounts Payable $14M$9M$9M$7M$10M$2M$6M$7M$7M$7M
Accrued Liabilities $130M$127M$131M$89M$100M$68M$54M$51M$59M$41M
Current Liabilities $628M$625M$452M$384M$334M$257M$246M$223M$246M$203M
Capital Leases $17M$23M$29M$36M$37M$42M$47M···
Deferred Tax $1M$2M$4M$4M$3M$0·$77.0K$1M$2M
Other Non-current Liabilities $11M$20M$23M$10M$10M$9M$9M$22M$16M$9M
Total Liabilities $775M$791M$509M$434M$383M$308M$302M$245M$263M$215M
Long-term Debt $275M$278M$30M·······
Total Debt ··$30M$50M······
Common Stock $410.0K$403.0K$399.0K$396.0K$392.0K$389.0K$381.0K$376.0K$373.0K$369.0K
Retained Earnings $335M$336M$343M$271M$230M$168M$121M$101M$145M$129M
Treasury Stock $270M$270M$228M$200M$127M$100M$100M$100M$100M$78M
AOCI $-5M$-17M$-12M$-15M$-11M$-8M$-6M$-6M$-4M$-17M
Stockholders' Equity $581M$518M$527M$447M$468M$422M$328M$287M$315M$287M
Liabilities + Equity $1.36B$1.31B$1.04B$881M$852M$730M$631M$531M$578M$502M
Shares Outstanding 35,528,00040,395,00039,982,00039,605,00039,209,00038,803,00038,055,00037,618,00034,712,00034,816,000
Cash Flow 16
Metric Trend 2025202420232022202120202019201820172016
D&A $91M$88M$80M$68M$49M$41M$50M$46M$35M$20M
Stock-based Comp $61M$56M$49M$36M$36M$28M$23M$24M$25M$28M
Deferred Tax $8M$-11M$-26M$-11M$-2M$1M$-2M$-6M$12M$2M
Amort. of Intangibles $48M$46M$42M$34M$17M$6M$7M$6M$6M$5M
Other Non-cash ··$-72M$-11M$41M$23M$12M$-16M$18M$19M
Operating Cash Flow $167M$33M$141M$158M$216M$165M$103M$102M$108M$101M
CapEx $43M$47M$45M$43M$28M$26M$26M$35M$55M$40M
Investing Cash Flow $-48M$-166M$-54M$-276M$-250M$-35M$-27M$-13M$-57M$-56M
Stock Issued ···$0$0$23M$0$0··
Stock Repurchased $0$42M$28M$73M$26M$0$0$0$25M$60M
Net Stock Activity ··$-28M$-73M$-26M$23M$0$0$-25M$-60M
Dividends Paid $47M$42M$39M$35M$31M$24M$0$105M$0$0
Financing Cash Flow $-59M$150M$-103M$-79M$-78M$-5M$-2M$-110M$-34M$-53M
Net Change in Cash $67M$11M$-15M$-199M$-115M$123M$72M$-23M$29M$-16M
Taxes Paid $20M$34M$33M$23M$19M$9M$2M$580.0K$5M$19M
Free Cash Flow ··$96M$115M$188M$139M$77M$67M$53M$61M
Profitability 7
Metric Trend 2025202420232022202120202019201820172016
Operating Margin ··7.8%11.3%14.0%12.8%3.1%5.2%··
Net Margin ··12.6%9.2%11.9%10.8%3.1%8.8%··
Pretax Margin ··14.0%11.0%13.5%13.4%3.8%10.6%··
EBITDA Margin ··16.9%19.6%20.3%19.0%10.8%12.5%··
ROA ··11.5%8.8%11.6%10.5%3.5%9.9%3.1%6.7%
ROE ··20.8%17.3%19.5%17.7%6.2%19.7%5.6%11.3%
ROIC ··11.1%15.7%20.2%16.2%5.0%9.4%4.7%11.7%
Liquidity & Solvency 3
Metric Trend 2025202420232022202120202019201820172016
Current Ratio ··0.60.61.21.91.51.41.41.7
Quick Ratio ··0.40.51.11.81.41.21.21.3
Debt / Equity ··0.10.1······
Efficiency 2
Metric Trend 2025202420232022202120202019201820172016
Asset Turnover ··0.91.01.01.01.11.1··
Receivables Turnover ··11.014.416.914.714.813.7··
Per Share 7
Metric Trend 2025202420232022202120202019201820172016
Book Value / Share ··$14.82$12.49$12.86$11.64$9.24$8.18$9.06$8.23
Revenue / Share ··$24.13$22.65$20.72$18.33$18.28$17.60··
Cash Flow / Share ··$3.88$4.34$5.80$4.54$2.88$2.89$3.06$2.82
Cash / Share ··$2.83$3.21$8.62$11.82$8.54$6.58$7.30$6.44
Dividend / Share $1.32$1.20$1.08·······
Dividend Paid / Share ··$1.08$0.96$0.84$0.68····
EPS (TTM) $1.25$1.01$3.04$2.08$2.46$1.97$0.57$1.54$0.47$0.91
Growth Rates 10
Metric Trend 2025202420232022202120202019201820172016
Revenue YoY 5.8%6.9%5.7%7.0%16.0%·····
Revenue CAGR 3Y 6.1%6.5%9.5%·······
Revenue CAGR 5Y 8.2%·········
EPS YoY 23.8%-66.8%46.2%-15.4%24.9%·····
EPS CAGR 3Y -15.6%-25.7%15.6%·······
EPS CAGR 5Y -8.7%·········
Net Income YoY 26.6%-67.4%44.9%-17.2%28.0%·····
Net Income CAGR 3Y -15.8%-26.9%15.4%·······
Net Income CAGR 5Y -8.7%·········
Dividends Paid CAGR 5Y 13.8%·········
Valuation (TTM) 17
Metric Trend 2025202420232022202120202019201820172016
Revenue TTM $990M$935M$875M$828M$773M$667M$651M$623M$557M$494M
Net Income TTM $45M$36M$110M$76M$92M$72M$20M$55M$17M$33M
Market Cap ··$1.72B$1.89B$4.04B$2.60B$1.52B$1.26B$1.49B$1.65B
Enterprise Value ··$1.65B$1.82B······
P/E 15.330.015.925.345.136.475.223.491.652.2
P/S ··2.02.35.23.92.32.02.73.3
P/B ··3.34.28.66.24.64.44.75.8
P / Tangible Book ····32.38.5····
P / Cash Flow ··12.211.918.715.714.812.413.816.4
P / FCF ··17.916.421.518.619.918.828.227.0
EV / EBITDA ··11.111.3······
EV / FCF ··17.215.8······
EV / Revenue ··1.92.2······
Dividend Yield ··2.2%1.8%0.76%0.94%0.00%8.3%0.00%0.00%
Earnings Yield 6.5%3.3%6.3%4.0%2.2%2.8%1.3%4.3%1.1%1.9%
Payout Ratio ··35.1%45.5%33.4%34.0%0.00%191.9%··
Annual Payout $47M$42M$39M$35M$31M$24M$0$105M$0$0

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $990M $935M $875M $828M $773M
Operating Margin % · · 7.8% 11.3% 14.0%
Net Income $45M $36M $110M $76M $92M
Diluted EPS $1.25 $1.01 $3.04 $2.08 $2.46

Institutional owners (13F) 178 filers · $286.8M total · As of June 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 178
Value held $286.8M
New positions 33
Exited positions 33
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
33 (+4 vs prior Q) 33 (0 vs prior Q) 50 (-6 vs prior Q) 49 (0 vs prior Q) -2.4M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
BlackRock, Inc. $37,117,761 2,660,771 12.94% Shares
VANGUARD GROUP INC $33,925,955 1,776,228 11.83% Shares
Callodine Capital Management, LP $17,428,377 1,249,346 6.08% Shares
VANGUARD CAPITAL MANAGEMENT LLC $15,875,644 1,138,039 5.53% Shares
ALPINE ASSOCIATES MANAGEMENT INC. $15,840,992 1,135,555 5.52% Shares
DIMENSIONAL FUND ADVISORS LP $14,138,969 1,013,516 4.93% Shares
Invenomic Capital Management LP $11,476,609 822,696 4.00% Shares
GEODE CAPITAL MANAGEMENT, LLC $11,152,221 799,290 3.89% Shares
RICE HALL JAMES & ASSOCIATES, LLC $10,571,882 757,841 3.69% Shares
STATE STREET CORP $10,549,409 756,230 3.68% Shares
MORGAN STANLEY $8,467,008 606,953 2.95% Shares
ExodusPoint Capital Management, LP $6,669,941 478,132 2.33% Shares
Bank of New York Mellon Corp $5,261,222 377,149 1.83% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $5,146,476 368,923 1.79% Shares
Nuveen, LLC $4,312,253 309,122 1.50% Shares
BANK OF AMERICA CORP /DE/ $4,256,773 305,145 1.48% Shares
UBS Group AG $3,909,892 280,279 1.36% Shares
NORTHERN TRUST CORP $3,648,971 261,575 1.27% Shares
GOLDMAN SACHS GROUP INC $3,510,472 251,647 1.22% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $3,469,407 248,703 1.21% Shares
MILLENNIUM MANAGEMENT LLC $3,428,087 245,741 1.20% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $3,329,726 238,690 1.16% Shares
AQR CAPITAL MANAGEMENT LLC $2,615,765 187,510 0.91% Shares
D. E. Shaw & Co., Inc. $2,356,615 168,933 0.82% Shares
VANGUARD FIDUCIARY TRUST CO $2,328,701 166,932 0.81% Shares
JPMORGAN CHASE & CO $2,302,046 162,919 0.80% Shares
CSS LLC/IL $1,950,656 139,832 0.68% Shares
Quantinno Capital Management LP $1,734,383 124,328 0.60% Shares
Creative Planning $1,494,361 107,123 0.52% Shares
Linden Thomas Advisory Services, LLC $1,465,768 105,073 0.51% Shares
Universal- Beteiligungs- und Servicegesellschaft mbH $1,445,918 103,650 0.50% Shares
EXCHANGE TRADED CONCEPTS, LLC $1,443,295 103,462 0.50% Shares
MANNING & NAPIER ADVISORS LLC $1,355,884 97,196 0.47% Shares
OCCUDO QUANTITATIVE STRATEGIES LP $1,346,984 96,558 0.47% Shares
ROYCE & ASSOCIATES LP $1,246,140 89,329 0.43% Shares
TIG Advisors, LLC $1,175,553 84,269 0.41% Shares
RENAISSANCE TECHNOLOGIES LLC $1,021,154 73,201 0.36% Shares
CITADEL ADVISORS LLC $876,227 62,812 0.31% Shares
Susquehanna Portfolio Strategies, LLC $869,252 62,312 0.30% Shares
Trium Capital LLP $866,100 62,086 0.30% Shares
VICTORY CAPITAL MANAGEMENT INC $857,116 61,442 0.30% Shares
AMERIPRISE FINANCIAL INC $842,371 60,385 0.29% Shares
Prescott Group Capital Management, L.L.C. $837,000 60,000 0.29% Shares
Skopos Labs, Inc. $798,812 48,093 0.28% Shares
Invesco Ltd. $690,456 49,495 0.24% Shares
Swiss National Bank $683,550 49,000 0.24% Shares
ALLIANCEBERNSTEIN L.P. $651,776 39,240 0.23% Shares
Corient Private Wealth LP $639,776 45,862 0.22% Shares
Atom Investors LP $635,841 45,580 0.22% Shares
Point72 Asset Management, L.P. $626,843 44,935 0.22% Shares

Show all 178 institutional owners →

Activists & 5%+ owners 2 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Oringer Jonathan Jan. 8, 2025 31.50% Amendment M&A / sale SEC
Jonathan Oringer (2) ×9 filings June 8, 2023 · Initial filing · SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 39 insiders · 25 officers · 14 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Paul J. Hennessy CHIEF EXECUTIVE OFFICER July 2, 2026 M 425,340 0 0 $0
Stan Pavlovsky CHIEF EXECUTIVE OFFICER April 1, 2022 A 123,510 0 0 $0
Rikki Powell Chief Financial Officer Aug. 7, 2026 A 31,842 0 0 $0
Jarrod Yahes CHIEF FINANCIAL OFFICER May 24, 2024 P 43,904 0 0 $0
Steven Berns COO and CFO April 1, 2019 A 109,027 0 0 $0
Timothy E Bixby Chief Financial Officer March 4, 2015 A 34,651 0 0 $0
Thilo Semmelbauer President and COO Jan. 2, 2015 S 357,649 0 0 $0
Steven Ciardiello CHIEF ACCOUNTING OFFICER April 2, 2026 M 56,692 0 0 $0
Oringer Jonathan EXECUTIVE CHAIRMAN April 2, 2026 M 10,925,568 0 0 $0
Matthew Furlong Chief Marketplace Officer April 1, 2025 A · 0 0 $0
John Caine GLOBAL HEAD OF ECOMMERCE May 1, 2024 S 1,974 0 0 $0
Peter Silvio CHIEF TECHNOLOGY OFFICER June 2, 2022 M 25,116 0 0 $0
Louis Weiss Chief Marketing Officer April 2, 2020 F 25,404 0 0 $0
Abraham Moshe Muchnick Chief Product Officer April 1, 2020 A 11,104 0 0 $0
Lisa Nadler Chief Human Resources Officer March 1, 2020 F 50,283 0 0 $0
Martin Brodbeck Chief Technology Officer March 6, 2019 S 41,619 0 0 $0
Jeffrey Kane Weiser Chief Marketing Officer Nov. 7, 2017 S 30,500 0 0 $0
David Todd Giambruno Chief Information Officer July 3, 2017 F 27,278 0 0 $0
Matthew Jagoda Chief People Officer March 1, 2017 A 29,000 0 0 $0
Catherine Ulrich Chief Product Officer March 1, 2017 A 28,567 0 0 $0
Anshu Aggarwal Chief Technology Officer March 1, 2016 A 45,000 0 0 $0
Peter Phelan Chief People Officer Dec. 1, 2015 A 20,000 0 0 $0
Nicholas Flynn SVP Enterprise Sales Sept. 9, 2015 S 17,401 0 0 $0
Aditi Gokhale Chief Marketing Officer April 13, 2015 A 42,000 0 0 $0
James Chou Chief Technology Officer Nov. 3, 2014 M 8,378 0 0 $0
Michael N. Thompson Jr. Director Sept. 8, 2026 A · 0 0 $0
Matthew B Salzberg Director Sept. 8, 2026 A · 0 0 $0
Timothy M Adams Director Sept. 8, 2026 A · 0 0 $0
Jaime Teevan Director June 10, 2026 A 13,868 0 0 $0
Alfonse L Upshaw Director June 10, 2026 A 12,481 0 0 $0
Deirdre Mary Bigley Director June 10, 2026 A 28,582 0 0 $0
Rachna Bhasin Director June 10, 2026 A 32,421 0 0 $0
Thomas R Evans Director June 10, 2026 A 39,109 0 0 $0
Jeff Epstein Director June 4, 2020 A 28,890 0 0 $0
Jeffrey Lieberman Director Dec. 13, 2016 J 54,558 0 0 $0
Jonathan F. Miller Director June 11, 2015 A 4,321 0 0 $0
Insight Venture Associates V, L.L.C. 10% owner Aug. 19, 2014 J 1,289,748 0 0 $0
Shutterstock Investors I LLC 10% owner Nov. 28, 2012 J 0 0 0 $0
Shutterstock Investors LLC 10% owner Nov. 28, 2012 J 0 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 28 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
ROSC · Lattice Strategies Trust 0.23% 26,521 NS July 31, 2026 N-PORT
EBIZ · Global X Funds 0.20% 10,611 NS July 31, 2026 N-PORT
EBIT · Harbor ETF Trust 0.07% 1,591 NS July 31, 2026 N-PORT
QIDX · Spinnaker ETF Series 0.07% 5,376 NS July 31, 2026 N-PORT
FSMD · FIDELITY COVINGTON TRUST 0.03% 139,365 NS July 31, 2026 N-PORT
VTWV · VANGUARD SCOTTSDALE FUNDS 0.02% 22,604 SH Aug. 19, 2026 Daily
VOX · VANGUARD WORLD FUND 0.02% 88,859 SH Aug. 19, 2026 Daily
PRFZ · Invesco Exchange-Traded Fund Trust 0.01% 66,351 SH Oct. 1, 2026 Daily
VTWO · VANGUARD SCOTTSDALE FUNDS 0.01% 125,069 SH Aug. 19, 2026 Daily
FCOM · FIDELITY COVINGTON TRUST 0.01% 26,306 NS July 31, 2026 N-PORT
IWM · iShares Trust 0.00% 726,585 SH Sept. 11, 2026 Daily
RSSL · Global X Funds 0.00% 12,418 NS July 31, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.00% 85,914 NS July 31, 2026 N-PORT
DFSV · Dimensional ETF Trust 0.00% 37,236 NS July 31, 2026 N-PORT
DFAT · Dimensional ETF Trust 0.00% 41,969 NS July 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.00% 70,283 NS July 31, 2026 N-PORT
ITOT · iShares Trust 0.00% 31,572 SH Sept. 11, 2026 Daily
IWV · iShares Trust 0.00% 6,211 SH Sept. 3, 2026 Daily
DFAU · Dimensional ETF Trust 0.00% 5,605 NS July 31, 2026 N-PORT
DFUS · Dimensional ETF Trust 0.00% 4,837 NS July 31, 2026 N-PORT
DFSU · Dimensional ETF Trust 0.00% 458 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.00% 903 NS July 31, 2026 N-PORT
DXUV · Dimensional ETF Trust 0.00% 110 NS July 31, 2026 N-PORT
VXF · VANGUARD INDEX FUNDS 0.00% 303,615 SH Aug. 19, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.00% 807,795 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.00% 2,158 SH Aug. 19, 2026 Daily
DFUV · Dimensional ETF Trust 0.00% 1,129 NS July 31, 2026 N-PORT
IWN · iShares Trust · 249,264 SH Sept. 11, 2026 Daily

SSTK Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 7 analysts SELL
Median target $28.85 +657.2%
0 0.0% Strong Buy
0 0.0% Buy
4 57.1% Hold
1 14.3% Sell
2 28.6% Strong Sell

12-Month Price Target

1 analysts · 2026-07-26

Mean target $28.85 +657.2%

Low$28.85 Mean$28.85 High$28.85

Peer comparison (GICS sub-industry) Key metrics vs sector peers

22

FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
SSTK · 15.3 5.8% · · ·
ANGI · 13.8 -13.0% 4.2% 4.5% 95.4%
DHX $69M -5.2 -9.9% -10.6% -12.9% ·
AEHL · · · · · ·
BZFD · · · · · ·
TEAD $68M -0.1 46.1% -39.8% -164.8% 33.0%
TZOO $78M 17.4 9.3% 5.1% -117.8% 80.3%
IZEA $76M · -12.9% 0.14% 0.09% ·
GOOGL $3.78T 29.0 15.1% 32.8% 34.0% ·

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Aug 7, 2026