Shutterstock (SSTK) Gross Margin (2011 - 2026)
Shutterstock (SSTK) posted quarterly Gross Margin of 52.41% for Q1 2026, down 601.0% year-over-year from 10.46% in Q1 2025, and down 53.52% quarter-over-quarter from 112.74% in Q4 2025.
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Shutterstock (SSTK) Gross Margin (2011 - 2026) Analysis & Trends
Shutterstock (SSTK) has reported Gross Margin for 16 consecutive years, with 52.41% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 601.0% year-over-year to 52.41%; the TTM figure through Mar 2026 stood at 1153.21% (up 109565.0% YoY), while the FY2025 annual figure was 7434.19%, down 749181.0% from the prior year.
- Gross Margin eased to 52.41% in Q1 2026 per SSTK's latest filing, from 112.74% in the prior quarter.
- Across five years, Gross Margin topped out at 112.74% in Q4 2025 and bottomed at 52.41% in Q1 2026.
- Historically, Gross Margin has averaged 62.49% across 5 years, with a median of 59.61% in 2023.
- Annual changes were most pronounced in 2025 — Gross Margin soared 5766 bps — and 2026, when it sank 601 bps.
- Shutterstock's Gross Margin stood at 59.62% in 2022, then slipped by 6 bps to 55.88% in 2023, then declined by 1 bps to 55.08% in 2024, then soared by 105 bps to 112.74% in 2025, then sank by 54 bps to 52.41% in 2026.
- Business Quant data shows SSTK's Gross Margin at 52.41% in Q1 2026, 112.74% in Q4 2025, and 60.57% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,083.83 Bn | 3,654.79 Bn | 73.85 Bn | 61.65% |
| 2 | Meta Platforms | 1,456.07 Bn | 1,365.81 Bn | 49.47 Bn | 81.37% |
| 3 | Spotify Technology | 111.71 Bn | 104.79 Bn | 1.86 Bn | 33.41% |
| 4 | Nebius | 50.03 Bn | 40.93 Bn | 448.70 Mn | 77.06% |
| 5 | 28.44 Bn | 25.65 Bn | 734.60 Mn | 91.27% | |
| 6 | Bilibili | 13.59 Bn | 11.45 Bn | 433.97 Mn | 37.22% |
| 7 | Tencent Music Entertainment | 12.71 Bn | 9.21 Bn | 582.00 Mn | - |
| 8 | 12.21 Bn | 10.93 Bn | 922.30 Mn | 78.18% | |
| 9 | Match | 9.45 Bn | 8.86 Bn | 648.84 Mn | 76.06% |
| 10 | Shutterstock | 205.54 Mn | 72.33 Mn | 128.01 Mn | 57.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 57.72% |
| Mar 31, 2026 | 52.41% |
| Dec 31, 2025 | 113.22% |
| 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% |