Shutterstock (SSTK) Cost of Revenue (2011 - 2026)
Shutterstock (SSTK) posted quarterly Cost of Revenue of $94.8 million for Q1 2026, down 6.05% year-over-year from $100.9 million in Q1 2025, and down 2.69% quarter-over-quarter from $97.4 million in Q4 2025.
Shutterstock (SSTK) Cost of Revenue (2011 - 2026) Analysis & Trends
Shutterstock (SSTK) has reported Cost of Revenue for 16 consecutive years, with $94.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Cost of Revenue fell 6.05% year-over-year to $94.8 million; the TTM figure through Mar 2026 stood at $400.7 million (down 2.01% YoY), while the FY2025 annual figure was $406.8 million, up 2.66% from the prior year.
- Cost of Revenue slipped to $94.8 million in Q1 2026 per SSTK's latest filing, from $97.4 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $112.4 million in Q4 2024 and bottomed at $69.5 million in Q1 2022.
- Historically, Cost of Revenue has averaged $92.1 million across 5 years, with a median of $94.2 million in 2023.
- Annual changes were most pronounced in 2023 — Cost of Revenue gained 17.9% — and 2025, when it retreated 13.37%.
- Shutterstock's Cost of Revenue stood at $87.9 million in 2022, then increased by 8.99% to $95.8 million in 2023, then climbed by 17.32% to $112.4 million in 2024, then declined by 13.37% to $97.4 million in 2025, then dropped by 2.69% to $94.8 million in 2026.
- Business Quant data shows SSTK's Cost of Revenue at $94.8 million in Q1 2026, $97.4 million in Q4 2025, and $102.6 million in Q3 2025.
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