---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-044480"
form_type: "8-K"
ticker: "SSTK"
cik: "0001549346"
company_name: "Shutterstock, Inc."
filed_at: "2024-10-29T23:59:59+00:00"
generated_at: "2026-05-30T09:13:13.414512+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Shutterstock reports record Q3 revenue $250.6M, EBITDA $70.0M; raises FY guidance; appoints new CFO

## Summary
- Q3 revenue $250.6M (+7% YoY); Content revenue $203.7M (+14% on Envato contribution).
- Adjusted net income $46.4M ($1.31 diluted EPS vs $1.26); Adjusted EBITDA $70.0M (27.9% margin, +0.2ppt).
- FY 2024 guidance raised: revenue $935-940M, adjusted EPS $4.22-4.31, adjusted EBITDA $247-250M.
- CFO Jarrod Yahes resigns effective Nov 1, 2024; Rik Powell (ex-Getty Images, Shake Shack) appointed successor.
- Board declares $0.30/share dividend payable Dec 13, 2024; Q3 share repurchases $21M.

## SEC filing metadata
- accession: 0001140361-24-044480
- form_type: 8-K
- ticker: SSTK
- cik: 0001549346
- company_name: Shutterstock, Inc.
- filed_at: 2024-10-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1549346/000114036124044480/0001140361-24-044480-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1549346/000114036124044480/ef20037820_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-044480
- JSON: https://secwatch.observer/filing/0001140361-24-044480.json
- Plain text: https://secwatch.observer/filing/0001140361-24-044480.txt

## Key facts
- Executive change
  Rik Powell was appointed as Chief Financial Officer at Shutterstock, Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On October 28, 2024, the Board of Directors of the Company (the “Board”) unanimously appointed Rik Powell, the Company’s Senior Vice President, Finance and Investor Relations since June 3, 2024, as the Company’s Chief Financial Officer, effective November 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1549346/000114036124044480/0001140361-24-044480-index.htm
- Executive change
  Jarrod Yahes resigned as Chief Financial Officer at Shutterstock, Inc..
  - Action: resigned
  - Role: Chief Financial Officer
  source text: On October 24, 2024, Jarrod Yahes notified Shutterstock, Inc. (the “Company”) of his resignation as Chief Financial Officer of the Company, effective November 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1549346/000114036124044480/0001140361-24-044480-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.