Highest-materiality recent filing
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%.
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 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.
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 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 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 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.
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 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 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.
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.
Max materiality 0.90 · Median 0.65 · Most common event dividend