Shutterstock Reports Impressive Financial Growth in Q2 2025 with Record Revenue and Profit Margins

Shutterstock's Q2 2025 Financial Results Report

On July 29, 2025, Shutterstock, Inc. (NYSE: SSTK), a prominent player in the global creative content industry, announced its financial results for the second quarter ended June 30, 2025. This quarter has marked significant milestones for the company, showcasing both record revenue and substantial growth compared to the previous year.

Financial Highlights

Shutterstock’s revenue reached $267 million for Q2 2025, reflecting an impressive increase of $46.9 million or 21% from the $220.1 million reported in Q2 2024. This boost is largely due to the acquisition of Envato, which the company completed in July 2024, enhancing its content offerings.

The net income for the second quarter of 2025 was recorded at $29.4 million, a remarkable rise from $3.6 million in the corresponding period last year. This resulted in a net income per diluted common share of $0.82, compared to a mere $0.10 in Q2 2024. Additionally, adjusted net income surged to $42.9 million from $35.9 million year-over-year, translating to an adjusted net income per diluted common share of $1.19, up from $1.00.

Adjusted EBITDA was reported at $82.2 million, marking a 32% increase over the $62.1 million in Q2 2024, further highlighting Shutterstock’s robust operational performance.

Revenue Breakdown

Delving deeper into the company’s revenue streams, the Content product offering generated $199.8 million, reflecting an 18% increase from the previous year. This area now makes up 75% of Shutterstock's total revenue for this quarter. Meanwhile, the Data, Distribution, and Services category saw a substantial growth of 34%, bringing in $67.2 million for Q2 2025.

Shutterstock CEO, Paul Hennessy, commented on the company’s performance, expressing delight in setting new records for both revenue and adjusted EBITDA. He emphasized how Shutterstock's diverse suite of solutions—including creative content, custom solutions, and AI model inputs—has empowered clients and driven innovation in the digital media space.

Liquidity Position

The cash and cash equivalents for Shutterstock increased by $4.2 million to $116.4 million as of June 30, 2025. This increase was backed by strong operational cash flows totaling $26.8 million, even after accounting for $15 million used in investing activities and $13.9 million for financing activities.

Shutterstock also declared a quarterly cash dividend of $0.33 per share, a fiscal decision that aligns with the company’s strategy to enhance shareholder value.

Strategic Moves

This quarter was particularly pivotal as it coincided with Shutterstock's announcement regarding a merger agreement with Getty Images. This agreement, if completed, will position the combined entity as a leader in the visual content domain. Hennessy noted that shareholder approval had already been obtained in a special meeting, underscoring the strategic alignment and potential growth that this merger represents.

Looking Ahead

As Shutterstock continues to capitalize on its strengths, including the integration of Envato and the strategic merger with Getty Images, the outlook appears promising. Despite the challenges in the market, the company's ability to innovate and adapt will likely sustain its growth trajectory in the creative content industry.

In conclusion, Shutterstock's second-quarter financial results highlight significant progress and a strong foundation for future success. As digital media and creative content demand continues to rise, Shutterstock is well-positioned to lead the charge, backed by impressive financial metrics and a clear strategic vision for growth.