---
schema_version: "secwatch.filing_event.v1"
accession: "0001549346-24-000004"
form_type: "8-K"
ticker: "SSTK"
cik: "0001549346"
company_name: "Shutterstock, Inc."
filed_at: "2024-02-21T23:59:59+00:00"
generated_at: "2026-06-05T22:02:38.694882+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Shutterstock FY2023 revenue up 6% to $874.6M; Q4 net loss of $1.0M; 2024 guidance flat

## Summary
- FY2023 revenue $874.6M (+6% YoY); net income $110.3M (+45%); adjusted EBITDA $240.8M (+10%).
- Q4 2023 revenue $217.2M (flat YoY); net loss $1.0M vs net income $7.0M a year ago.
- Content revenue fell 7% for FY2023; Data, Distribution & Services revenue surged 256% to $137.3M.
- Dividend raised to $0.30/share (payable March 14, 2024); 2027 targets: $1.2B revenue, 28-30% EBITDA margin.
- 2024 guidance: revenue $875M, adjusted EBITDA $241M, adjusted EPS $4.15-$4.30; subscriber count fell to 523K from 586K.

## SEC filing metadata
- accession: 0001549346-24-000004
- form_type: 8-K
- ticker: SSTK
- cik: 0001549346
- company_name: Shutterstock, Inc.
- filed_at: 2024-02-21T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1549346/000154934624000004/0001549346-24-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1549346/000154934624000004/sstk-20240221.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001549346-24-000004
- JSON: https://secwatch.observer/filing/0001549346-24-000004.json
- Plain text: https://secwatch.observer/filing/0001549346-24-000004.txt

## Key facts
- Earnings Releases
  Shutterstock, Inc. reported the fourth quarter ended December 31, 2023 results: revenue $217.2 million, net income $1.0 million net loss, EPS ($0.03).
  - Period: the fourth quarter ended December 31, 2023
  - Revenue: $217.2 million
  - Net income: $1.0 million net loss
  - EPS: ($0.03)
  - Result: reported results
  source text: Fourth Quarter 2023 highlights as compared to Fourth Quarter 2022: Financial Highlights • Revenues decreased $0.5 million to $217.2 million. • Income from operations decreased 72% to $2.1 million. • Net income / (loss) decreased 114% to a $1.0 million net loss.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1549346/000154934624000004/0001549346-24-000004-index.htm
- Earnings Releases
  Shutterstock, Inc. reported the fiscal period ended December 31, 2023 results: revenue $874.6 million, net income $110.3 million, EPS $3.04 per share.
  - Period: the fiscal period ended December 31, 2023
  - Revenue: $874.6 million
  - Net income: $110.3 million
  - EPS: $3.04 per share
  - Result: reported results
  source text: pleased to announce Shutterstock’s 2027 long-term financial targets.” Full Year 2023 highlights as compared to Full Year 2022: Financial Highlights • Revenue increased 6% to $874.6 million. On a constant currency basis, revenue increased 5%. • Income from operations decreased 27% to $68.4 million. • Net income increased 45% to $110.3 million. • Adjusted EBITDA
  evidence_url: https://www.sec.gov/Archives/edgar/data/1549346/000154934624000004/0001549346-24-000004-index.htm

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