Shutterstock(NYSE) SSTK

Shutterstock, Inc. helps people find and license professional photos and videos. It connects creative artists with businesses that need high-quality media. The platform also provides tools to help teams build digital content.

Connecting Artists and Businesses

• Content Licenses: Licenses for images, video clips, and music tracks provided through a flagship marketplace and other brands; generated $165.7 million for the three months ended June 30, 2026.
• Data and Distribution Services: Ethically sourced searchable information and labels used to train machine learning and artificial intelligence models; generated $56.1 million in the second quarter of 2026.
• 3D Models: Digital assets for gaming, design, and architecture provided through the TurboSquid marketplace.
• Shutterstock Studios: End-to-end content creation solutions for brands including production and post-production services.
• Generative AI Content: Images created by algorithms trained with high-quality content that allow customers to generate visuals from text descriptions.

Growth and Strategic Expansion

• Acquired Envato in July 2024 to expand its offering of digital assets, creative templates, and design tools.
• Integrated Backgrid into its operating and financial metrics beginning in February 2025.
• Entered into a merger-of-equals agreement with Getty Images in January 2025.
• Terminated the Getty Images merger agreement on June 30, 2026, after a resolution from the Getty Images board.

What Sets This Platform Apart?

The company operates a global marketplace where over 1 million 3D models and millions of images are available for commercial use. Its platform uses ethical practices by paying contributors when their content is used to train artificial intelligence models.

The Latest Financial Results

• Total revenue was $221.8 million for the three months ended June 30, 2026, down 17% year over year.
• The company reported a net loss of $155.9 million for the three months ended June 30, 2026, which included a non-cash charge of $173.7 million to reduce the recorded value of its assets.
• Average revenue per customer rose to $292 for the 12 months ended June 30, 2026, compared to $266 in the prior year period.
• Subscriber revenue was $203.6 million for the six months ended June 30, 2026.

The Bottom Line

Shutterstock has evolved from a stock photo site into a broad creative and data platform. It now balances traditional content licensing with providing high-quality data for the artificial intelligence industry.