Shutterstock (SSTK) Gross Margin (2011 - 2026)
Shutterstock's (SSTK) quarterly Gross Margin came in at 57.72% in Q2 2026, down 258.0% year-over-year from 36.53% in Q2 2025, and up 10.13% quarter-over-quarter from 52.41% in Q1 2026.
Shutterstock (SSTK) Gross Margin (2011 - 2026) Analysis & Trends
Shutterstock (SSTK) has reported Gross Margin for 16 consecutive years, with 57.72% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 258.0% year-over-year to 57.72% in Q2 2026; TTM through Jun 2026 was 56.89%, a 118.0% decrease from a year earlier, with the FY2025 full-year figure at 58.9%, up 127.0% from the prior year.
- Gross Margin was 57.72% for Q2 2026 at Shutterstock, up from 52.41% in the prior quarter.
- Over five years, Gross Margin peaked at 65.12% in Q1 2022 and troughed at 52.41% in Q1 2026.
- A 5-year average of 59.06% and a median of 59.21% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 223 bps in 2025 and slumped 601 bps in 2026, its largest moves.
- Over 5 years, Gross Margin stood at 59.62% in 2022, then retreated by 6 bps to 55.88% in 2023, then slipped by 1 bps to 55.08% in 2024, then increased by 1 bps to 55.77% in 2025, then gained by 3 bps to 57.72% in 2026.
- The last three Gross Margin figures came in at 57.72% (Q2 2026), 52.41% (Q1 2026), and 55.77% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 268.88 Bn | 233.62 Bn | 15.11 Bn | 38.11% |
| 2 | Booking Holdings | 126.62 Bn | 109.41 Bn | 4.98 Bn | 67.75% |
| 3 | PDD Holdings | 112.86 Bn | 82.58 Bn | 9.45 Bn | 57.06% |
| 4 | Airbnb | 98.44 Bn | 86.37 Bn | 2.98 Bn | 82.46% |
| 5 | Mercadolibre | 92.29 Bn | 77.10 Bn | 4.16 Bn | 40.90% |
| 6 | Ebay | 48.19 Bn | 44.89 Bn | 2.30 Bn | 73.45% |
| 7 | Expedia | 32.17 Bn | 25.04 Bn | 3.91 Bn | 90.66% |
| 8 | Maplebear | 10.62 Bn | 9.77 Bn | 751.00 Mn | 72.00% |
| 9 | Full Truck Alliance | 7.66 Bn | 6.70 Bn | - | - |
| 10 | Shutterstock | 167.10 Mn | 33.90 Mn | 128.01 Mn | 57.72% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.72% |
| Mar 31, 2026 | 52.41% |
| Dec 31, 2025 | 55.77% |
| Sep 30, 2025 | 60.57% |
| Jun 30, 2025 | 60.30% |
| Mar 31, 2025 | 58.42% |
| Dec 31, 2024 | 55.08% |
| Sep 30, 2024 | 58.34% |
| Jun 30, 2024 | 58.53% |
| Mar 31, 2024 | 58.84% |
| Dec 31, 2023 | 55.88% |
| Sep 30, 2023 | 59.61% |
| Jun 30, 2023 | 59.58% |
| Mar 31, 2023 | 63.69% |
| Dec 31, 2022 | 59.62% |
| Sep 30, 2022 | 60.85% |
| Jun 30, 2022 | 62.77% |
| Mar 31, 2022 | 65.12% |
| Dec 31, 2021 | 61.88% |
| Sep 30, 2021 | 64.19% |
Shutterstock Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SSTK&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SSTK", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SSTK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();