Shutterstock, Inc. reported the fiscal period ended March 31, 2026 results: revenue $199.2 million, net income Net loss was $47.6 million, EPS Net loss per diluted common share was $1.34.
“brands and $5.2 million was from our Backgrid and Splash branded content. First Quarter 2026 highlights as compared to First Quarter 2025: Financial Highlights • Revenues were $199.2 million compared to $242.6 million. • Net loss was $47.6 million compared to net income of $18.7 million. • Net loss per diluted common share was $1.34 compared to net income per diluted”
Rik Powell was appointed as Chief Financial Officer at Shutterstock, Inc..
“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.”
Jarrod Yahes resigned as Chief Financial Officer at Shutterstock, Inc..
“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”).”
Rik Powell was appointed as Chief Financial Officer at Shutterstock, Inc..
“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”
Jarrod Yahes resigned as Chief Financial Officer at Shutterstock, Inc..
“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”
John Caine departed as Chief Product and Digital Officer at Shutterstock, Inc..
“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.”
Jaime Teevan was appointed as Class I Director at Shutterstock, Inc..
“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.”
Earnings Releases
Shutterstock, Inc. reported first quarter ended March 31, 2024 results: revenue $214.3 million, net income $16.1 million, EPS $0.45.
“depth. We look forward to welcoming the entire Envato team to Shutterstock.” First Quarter 2024 measures as compared to First Quarter 2023: Financial Measures ● Revenues were $214.3 million compared to $215.3 million. ● Net income was $16.1 million compared to $32.8 million. ● Net income per diluted common share was $0.45 compared to $0.90. ● Adjusted EBITDA was”
Material Agreements
Shutterstock, Inc. entered into Share Purchase Agreement with Garnett-Saunders Pty Ltd, Draconis Holdings Pty Ltd and Ta’eed Felah Pty Ltd valued at approximately $245 million (effective 2024-05-01).
“On May 1, 2024, Shutterstock, Inc. (the “Company”) entered into a Share Purchase Agreement (the “Purchase Agreement”) with Garnett-Saunders Pty Ltd, Draconis Holdings Pty Ltd and Ta’eed Felah Pty Ltd (collectively, the “Sellers”) and Shutterstock AUS EMU Pty Ltd., a wholly owned indirect subsidiary of the Company (“Purchaser”), pursuant to which the Sellers have agreed to sell, and Purchaser has agreed to purchase (the “Acquisition”), all of the issued and outstanding capital stock of Envato Pty Ltd. (“Envato”).”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.