Name: Shutterstock, Inc. (SSTK) Financial Statements
Creator: FinSpry

Shutterstock Income Statement Analysis

Revenue, earnings, and profit margins in millions USD

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Shutterstock, Inc. income statement - Annual data in millions USD
Breakdown	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018
Period Ending	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020	Dec 2019	Dec 2018
Revenue & Gross Profit
Revenue	935.26	874.59	827.83	773.42	666.69	650.52	623.25
Cost of Revenue	396.30	352.63	314.31	277.66	259.57	278.18	267.67
Gross Profit	538.97	521.96	513.52	495.76	407.11	372.35	355.58
Operating Expenses
Research & Development	88.42	96.16	65.43	52.01	46.04	57.22	58.90
Selling, General & Administrative	381.84	357.40	335.80	335.64	275.81	294.98	264.23
Operating Expenses	470.26	453.56	401.23	387.65	321.85	352.19	323.13
Operating Income	68.71	68.40	93.62	108.11	85.27	20.16	32.45
Other Income/Expense
Interest Income	6.23	4.79	0.09	0.14	1.20	0.00	2.74
Interest Expense	10.56	-1.86	1.34	0.07	0.00	0.00	0.00
Other Income/Expense	-6.16	-55.93	-20.00	-3.30	-4.26	-4.76	30.93
Income
Income Before Tax	62.55	122.47	91.04	104.74	89.52	24.92	66.11
Income Tax Expense	26.62	12.20	14.93	12.85	17.76	4.81	11.43
Net Income	35.93	110.27	76.10	91.88	71.77	20.11	54.69
Net Income - Continuous Operations	35.93	110.27	76.10	91.88	0.00	0.00	0.00
Net Income - Discontinued Operations	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBITDA	160.74	202.20	160.84	153.57	126.63	74.83	78.10
EBIT	62.55	122.47	92.37	104.80	85.27	24.92	32.45
Depreciation & Amortization	87.63	79.73	34.00	48.77	35.60	42.90	0.00
Earnings Per Share
Basic EPS	1.00	3.00	2.00	3.00	2.00	1.00	2.00
Diluted EPS	1.00	3.00	2.00	2.00	2.00	1.00	2.00
Basic Shares Outstanding	35.33	35.88	36.04	36.51	35.84	35.29	34.94
Diluted Shares Outstanding	35.66	36.24	36.55	37.32	36.37	35.58	35.42