secwatch.observer — SEC 8-K summary
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Issuer:     Shutterstock, Inc. (SSTK)
CIK:        0001549346
Form:       8-K
Filed at:   2025-11-05T23:59:59+00:00
Accession:  0001549346-25-000043
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Shutterstock Q3: Revenue $260.1M (+4%), net income $13.4M down, adjusted EBITDA $79.4M (+13%)
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- Revenue $260.1M (+4% YoY); Content fell 5% to $194.4M, Data/Dist/Services surged 40% to $65.7M.
- Net income $13.4M ($0.37 diluted EPS) vs $17.6M ($0.50); includes $7.1M merger-related costs.
- Adjusted EBITDA $79.4M (+13% YoY); margin 30.5% (vs 27.9%). Adjusted EPS $0.99 vs $1.31.
- Subscribers 1.06M (down from 1.105M); subscriber revenue $107.2M. Adjusted free cash flow $75.2M.
- Pending merger with Getty Images; engaging with UK CMA for regulatory clearances.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1549346/000154934625000043/0001549346-25-000043-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1549346/000154934625000043/sstk-20251105.htm
  HTML page:      https://secwatch.observer/filing/0001549346-25-000043

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer