Growth Metrics

Shutterstock (SSTK) Cost Of Revenue (2016 - 2025)

Shutterstock has reported Cost of Revenue over the past 16 years, most recently at $48.3 million for Q1 2026.

  • Quarterly Cost of Revenue fell 52.08% to $48.3 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $450.8 million through Mar 2026, up 26.71% year-over-year, with the annual reading at $406.8 million for FY2025, 82.68% up from the prior year.
  • Cost of Revenue was $48.3 million for Q1 2026 at Shutterstock, down from $237.1 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $237.1 million in Q4 2025 and troughed at -$42.0 million in Q4 2023.
  • The 5-year median for Cost of Revenue is $77.0 million (2022), against an average of $76.4 million.
  • Year-over-year, Cost of Revenue soared 745.61% in 2022 and then tumbled 187.93% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $47.8 million in 2022, then tumbled by 187.93% to -$42.0 million in 2023, then surged by 240.75% to $59.2 million in 2024, then skyrocketed by 300.53% to $237.1 million in 2025, then crashed by 79.61% to $48.3 million in 2026.
  • Per Business Quant, the three most recent readings for SSTK's Cost of Revenue are $48.3 million (Q1 2026), $237.1 million (Q4 2025), and $59.4 million (Q3 2025).