Highest-materiality recent filing
Revenue $221.8M vs $267.0M YoY; Content revenue fell 17% to $165.7M on weak new customer acquisition.
Shutterstock suspends quarterly cash dividend; CAO Steven Ciardiello resigns effective Aug 28
Board resolved on July 20, 2026 to suspend future quarterly cash dividend; no specific amount given.
Shutterstock CEO Hennessy steps down; CFO Powell named Interim CEO; strategic advisor engaged
Paul Hennessy stepped down as CEO and Board member effective July 12, 2026; will remain in advisory role through Aug 7, 2026.
Shutterstock-Getty merger terminated after CMA required editorial sale; deal off
Merger Agreement terminated on July 7, 2026, after Getty's board decided not to proceed with CMA-required sale of Shutterstock's editorial business.
Shutterstock and Getty Images merger terminated after CMA conditions; deal to end July 6, 2026
Getty Images board resolved not to sell Shutterstock's editorial business as required by UK CMA; Merger Agreement to terminate after July 6, 2026.
UK CMA issues final Phase 2 report on Shutterstock-Getty merger
CMA issued final report on Phase 2 review of Shutterstock's merger with Getty Images on May 15, 2026.
Shutterstock settles FTC probe for $35M; agrees to change subscription practices
FTC filed civil complaint on May 13, 2026 alleging violations of FTC Act and ROSCA.
Revenue $199.2M, down 18% YoY; net loss $47.6M vs net income $18.7M; adj. EBITDA $42.7M, down 33%.
Shutterstock declares $0.36 per share quarterly dividend
Cash dividend of $0.36 per common share declared on April 20, 2026.
DOJ unconditionally clears Getty-Shutterstock merger; UK CMA review ongoing
DOJ concluded antitrust review; HSR waiting period expired without conditions.
Shutterstock: CMA provisionally finds merger with Getty may harm UK editorial competition
CMA interim report finds merger not expected to harm global stock content competition.
Shutterstock reports record FY2025 revenue $989.9M (+6%); Q4 revenue down 12%
FY2025 revenue $989.9M (+6% YoY); net income $45.5M ($1.25 diluted EPS); adjusted EBITDA $271.8M (27.5% margin).
Shutterstock declares $0.36 per share dividend, record March 5, payment March 19
Cash dividend of $0.36 per common share declared by Board on Jan 26, 2026.
Shutterstock stockholders elect directors, approve say-on-pay at annual meeting
Class III directors elected: Oringer (28.3M for, 886k withhold), Bhasin (28.6M for, 607k withhold), Teevan (29.0M for, 144k withhold).
Shutterstock CEO awarded $8.5M RSUs tied to retention through Getty merger closing
375,110 RSUs granted to CEO Paul Hennessy on Dec 1, 2025, valued at $8.5M.
Shutterstock declares $0.33 Q4 dividend; 2025 annual meeting set for Dec 22
Dividend of $0.33 per share, record date Dec 4, payable Dec 18, 2025.
Shutterstock Q3: Revenue $260.1M (+4%), net income $13.4M down, adjusted EBITDA $79.4M (+13%)
Revenue $260.1M (+4% YoY); Content fell 5% to $194.4M, Data/Dist/Services surged 40% to $65.7M.
UK CMA refers Shutterstock/Getty Images merger to Phase 2 review
CMA referred proposed merger of Shutterstock and Getty Images to Phase 2 review process.
UK CMA intends to refer Shutterstock-Getty Images merger to Phase 2 review
UK's Competition and Markets Authority (CMA) notified Shutterstock of intent to refer merger to Phase 2 unless acceptable undertakings are offered.
Shutterstock and Getty Images waive debt refinancing condition for pending merger
Shutterstock and Getty Images waived condition requiring refinancing of Getty's debt to maturity ≥ Feb 2028.
Chief Marketplace Officer Matt Furlong resigns effective Sept 2, 2025; no disagreement
Matt Furlong resigns as Chief Marketplace Officer, effective September 2, 2025, to take a role outside Shutterstock.
Shutterstock Q2 2025 revenue $267M (+21%), net income $29.4M, record EBITDA $82.2M
Revenue $267M (+21% YoY); net income $29.4M ($0.82 EPS) vs $3.6M ($0.10) in Q2 2024.
Shutterstock declares $0.33/share quarterly dividend payable Sept 18, 2025
Cash dividend of $0.33 per common share declared by Board of Directors.
Shutterstock stockholders approve merger with Getty Images; ~82% of shares voted in favor
Approximately 82% of outstanding shares voted for the merger (28,849,499 for, 112,327 against, 80,887 abstain).
Two stockholder lawsuits filed against Shutterstock and board alleging false/misleading proxy; company voluntarily supplements.
Shutterstock Q1 revenue $242.6M (+13% YoY); EPS $0.53, adj. EPS $1.03
Revenue $242.6M (+13% YoY); Content revenue $202.9M (+17% YoY) driven by Envato acquisition.
Shutterstock declares $0.33 per share cash dividend, payable June 19, 2025
$0.33 per common share cash dividend declared by Board on April 21, 2025.
Shutterstock and Getty Images receive DOJ Second Request for merger review
DOJ issued Second Request under HSR Act, extending waiting period until 30 days after substantial compliance.
Shutterstock files updated Envato financials for Getty Images merger S-4
Envato acquisition total consideration finalized at ~$250M after working capital adjustments.
Shutterstock posts record FY 2024 revenue of $935.3M, up 7% YoY; Q4 revenue up 15%
Full year revenue $935.3M (+7% YoY); net income $35.9M vs $110.3M in 2023 due to non-recurring bargain purchase gain.
Shutterstock declares $0.33/share dividend, payable March 20, 2025
Cash dividend of $0.33 per common share declared by Board on January 27, 2025.
Shutterstock appoints Matt Furlong as Chief Marketplace Officer
Matt Furlong to lead Marketplace division effective January 13, 2025.
Consideration per SSTK share: $9.50 cash + 9.17 GETY shares (mixed), $28.85 all-cash, or 13.67 GETY shares all-stock; elections subject to proration.
Shutterstock CFO Jarrod Yahes resigns; Rik Powell appointed CFO effective Nov 1
Jarrod Yahes resigns as CFO effective Nov 1, 2024; remains as advisor through Dec 31.
Shutterstock reports record Q3 revenue $250.6M, EBITDA $70.0M; raises FY guidance; appoints new CFO
Q3 revenue $250.6M (+7% YoY); Content revenue $203.7M (+14% on Envato contribution).
Shutterstock declares $0.30 per share dividend, payable Dec 13, 2024
Board declared a cash dividend of $0.30 per common share on October 21, 2024.
Shutterstock completes Envato acquisition for ~$250M; files financials with qualified audit opinion
Acquisition of Envato closed July 22, 2024 for approximately $250M in cash.
John Caine's employment as Chief Product and Digital Officer will end effective August 23, 2024.
Shutterstock Q2 rev $220.1M (+5% YoY), Adj EBITDA $62.1M, closes Envato buy for $250M
Revenue $220.1M (+5% YoY); Net income $3.6M vs $50.0M due to prior-year bargain purchase gain
Shutterstock closes $250M acquisition of Envato, doubling subscriber base to 1.15M
Aggregate consideration ~$250M after working capital adjustments; closed July 22, 2024.
Shutterstock declares $0.30/share cash dividend
Dividend of $0.30 per common share declared by Board on July 22, 2024.
Shutterstock appoints Microsoft Chief Scientist Jaime Teevan to board of directors
Jaime Teevan appointed as Class I director effective July 8, 2024; term expires at 2025 annual meeting.
Shutterstock grants CEO Paul Hennessy $8.5M equity award vesting July 2026
Board approved $8.5M award: $6.375M in PSUs (162,544) and $2.125M in RSUs (54,181), both vesting July 1, 2026.
Shutterstock shareholders approve 3.5M share increase in equity incentive plan
Amendment to 2022 Omnibus Equity Plan passed: 25.2M For, 6.97M Against, 681k Abstain.
Shutterstock beats Q1 expectations, acquires Envato for $245M cash
Q1 revenue $214.3M flat YoY; net income $16.1M ($0.45 diluted EPS); adj. EPS $1.13.
Shutterstock declares $0.30 per share quarterly dividend
Cash dividend of $0.30 per common share declared on April 22, 2024.
Shutterstock FY2023 revenue up 6% to $874.6M; Q4 net loss of $1.0M; 2024 guidance flat
FY2023 revenue $874.6M (+6% YoY); net income $110.3M (+45%); adjusted EBITDA $240.8M (+10%).
Shutterstock increases quarterly dividend 11% to $0.30 per share
Board declared $0.30/share quarterly dividend, up from $0.27 (11% increase).
Shutterstock updates pro forma for Giphy acquisition; combined net income $34.6M
Pro forma combined revenue $664.5M for 9M ended Sep 30, 2023 vs standalone $657.4M.
Shutterstock Q3 revenue up 14% to $233.2M; raises FY2023 guidance
Revenue $233.2M (+14% YoY); net income $28.4M (+23%); adjusted EBITDA $64.7M (+15%).
On July 16, 2026, Steven Ciardiello notified Shutterstock, Inc. (the “Company”) of his decision to resign as Chief Accounting Officer of the Company, effective August 28 , 2026 following a transition period.
On July 12, 2026, Paul J. Hennessy notified the Board of Directors (the “Board”) of Shutterstock, Inc. (the “Company”) of his decision to step down as the Company’s Chief Executive Officer and as a member of the Board, effective immediately.
The Board appointed Rik Powell, the Company’s Chief Financial Officer, to serve as Interim Chief Executive Officer, effective immediately.
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.
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 (the “Effective Date”).
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
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
On August 19, 2024, Shutterstock, Inc. (the “Company”) notified John Caine that his employment as Chief Product and Digital Officer of the Company will end, effective August 23, 2024.
appointed Jaime Teevan as Class I director of the Company, with a term expiring at the Company’s 2025 annual meeting of stockholders, effective July 8, 2024.
On January 17, 2023, Shutterstock, Inc. (the “Company”) announced that John Caine is joining the Company as Global Head of E-Commerce effective as of January 30, 2023.
Shutterstock, Inc. (the “Company”) previously reported on a Current Report on Form 8-K filed with the Securities and Exchange Commission (“SEC”) on June 1, 2022, that Peter Silvio, the Company’s Chief Technology Officer, resigned.
On May 25, 2022, Peter Silvio resigned as the Chief Technology Officer of Shutterstock, Inc. (the “Company”), effective May 31, 2022.
Max materiality 0.90 · Median 0.68 · Most common event earnings