Shutterstock, Inc. (FRA:S3T)

Shutterstock Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,011	935.26	874.59	827.83	773.42	666.69
Revenue Growth (YoY)	14.20%	6.94%	5.65%	7.03%	16.01%	2.48%
Cost of Revenue	423.72	396.3	348.33	314.31	277.66	258.37
Gross Profit	586.78	538.97	526.26	513.52	495.76	408.31
Selling, General & Admin	394.86	373.34	348	331.5	332.04	272.71
Research & Development	88.13	88.42	75.26	65.43	52.01	46.04
Operating Expenses	482.98	461.76	423.26	396.93	384.05	318.75
Operating Income	103.8	77.21	103	116.59	111.71	89.57
Interest Expense	-17.96	-10.56	-1.86	-1.34	-	-
Interest & Investment Income	5.85	6.23	4.79	0.09	-	1.2
Currency Exchange Gain (Loss)	-1.13	-1.83	0.88	-1.34	-3.3	3.07
Other Non Operating Income (Expenses)	31.16	-	-	-	-0.07	-0.01
EBT Excluding Unusual Items	121.72	71.05	106.81	114	108.34	93.82
Merger & Restructuring Charges	-27.57	-8.5	-3	-4.3	-3.6	-
Gain (Loss) on Sale of Investments	-5	-	-	-	-	-
Asset Writedown	-	-	-	-18.66	-	-
Other Unusual Items	-	-	18.66	-	-	-4.3
Pretax Income	89.15	62.55	122.47	91.04	104.74	89.52
Income Tax Expense	24.83	26.62	12.2	14.93	12.85	17.76
Net Income	64.31	35.93	110.27	76.1	91.88	71.77
Net Income to Common	64.31	35.93	110.27	76.1	91.88	71.77
Net Income Growth	36.38%	-67.41%	44.89%	-17.17%	28.03%	256.90%
Shares Outstanding (Basic)	35	35	36	36	37	36
Shares Outstanding (Diluted)	35	36	36	37	37	36
Shares Change (YoY)	-1.50%	-1.61%	-0.83%	-2.08%	2.63%	2.21%
EPS (Basic)	1.84	1.02	3.07	2.11	2.52	2.00
EPS (Diluted)	1.81	1.01	3.04	2.08	2.46	1.97
EPS Growth	38.48%	-66.78%	46.15%	-15.45%	24.87%	245.69%
Free Cash Flow	2.67	-14.57	95.91	111.74	156.61	137.59
Free Cash Flow Per Share	0.07	-0.41	2.65	3.06	4.20	3.78
Dividend Per Share	1.260	1.200	1.080	0.960	0.840	0.680
Dividend Growth	10.53%	11.11%	12.50%	14.29%	23.53%	-
Gross Margin	58.07%	57.63%	60.17%	62.03%	64.10%	61.25%
Operating Margin	10.27%	8.25%	11.78%	14.08%	14.44%	13.44%
Profit Margin	6.37%	3.84%	12.61%	9.19%	11.88%	10.76%
Free Cash Flow Margin	0.26%	-1.56%	10.97%	13.50%	20.25%	20.64%
EBITDA	153.71	125.53	147.83	155.46	133.58	102.03
EBITDA Margin	15.21%	13.42%	16.90%	18.78%	17.27%	15.30%
D&A For EBITDA	49.91	48.33	44.83	38.87	21.87	12.46
EBIT	103.8	77.21	103	116.59	111.71	89.57
EBIT Margin	10.27%	8.25%	11.78%	14.08%	14.44%	13.44%
Effective Tax Rate	27.86%	42.55%	9.96%	16.40%	12.27%	19.84%
Advertising Expenses	-	91.8	93.1	97.2	112.9	81.2

Source: S&P Global Market Intelligence. Standard template. Financial Sources.