Shutterstock Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	989.93	935.26	874.59	827.83	773.42
Revenue Growth (YoY)	5.85%	6.94%	5.65%	7.03%	16.01%
Cost of Revenue	406.85	396.3	352.63	314.31	277.66
Gross Profit	583.08	538.97	521.96	513.52	495.76
Selling, General & Admin	418.99	381.84	357.4	335.8	335.64
Research & Development	89.03	88.42	96.16	65.43	52.01
Other Operating Expenses	-	-	-	18.66	-
Operating Income	75.06	68.71	68.4	93.62	108.11
Interest Expense	-16.83	-10.56	-1.86	-1.34	-
Other Non-Operating Income (Expense)	17.1	4.4	55.93	-1.25	-3.37
Total Non-Operating Income (Expense)	0.27	-6.16	54.07	-2.59	-3.37
Pretax Income	75.33	62.55	122.47	91.04	104.74
Provision for Income Taxes	29.84	26.62	12.2	14.93	12.85
Net Income	45.5	35.93	110.27	76.1	91.88
Net Income to Common	45.5	35.93	110.27	76.1	91.88
Net Income Growth	26.62%	-67.41%	44.89%	-17.17%	28.03%
Shares Outstanding (Basic)	35	35	36	37	37
Shares Outstanding (Diluted)	36	36	36	37	37
Shares Change (YoY)	1.71%	-1.61%	-0.83%	-2.08%	2.63%
EPS (Basic)	1.29	1.02	3.07	2.08	2.52
EPS (Diluted)	1.25	1.01	3.04	2.08	2.46
EPS Growth	23.76%	-66.78%	46.15%	-15.45%	24.87%
Free Cash Flow	123.83	-14.57	95.91	115.16	188.25
Free Cash Flow Growth	-	-	-16.71%	-38.83%	35.00%
Free Cash Flow Per Share	3.41	-0.41	2.65	3.15	5.04
Dividends Per Share	1.320	1.200	1.080	0.960	0.840
Dividend Growth	10.00%	11.11%	12.50%	14.29%	23.53%
Gross Margin	58.90%	57.63%	59.68%	62.03%	64.10%
Operating Margin	7.58%	7.35%	7.82%	11.31%	13.98%
Profit Margin	4.60%	3.84%	12.61%	9.19%	11.88%
FCF Margin	12.51%	-1.56%	10.97%	13.91%	24.34%
EBITDA	165.95	156.33	148.13	162.09	156.88
EBITDA Margin	16.76%	16.72%	16.94%	19.58%	20.28%
EBIT	75.06	68.71	68.4	93.62	108.11
EBIT Margin	7.58%	7.35%	7.82%	11.31%	13.98%
Effective Tax Rate	39.61%	42.55%	9.96%	16.40%	12.27%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.