Shutterstock (SSTK) Operating Expenses (2011 - 2026)
Shutterstock (SSTK) reported Operating Expenses of $230.1 million for Q1 2026, down 0.99% year-over-year from $232.4 million in Q1 2025, and up 3.39% quarter-over-quarter from $222.6 million in Q4 2025.
Shutterstock (SSTK) Operating Expenses (2011 - 2026) Analysis & Trends
Shutterstock (SSTK) has 16 years of Operating Expenses data on file, last reported at $230.1 million in Q1 2026.
- Operating Expenses for Q1 2026 came in at $230.1 million, down 0.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $912.6 million (up 1.24% YoY), and the FY2025 annual result was $914.9 million, up 5.58% from the prior year.
- Operating Expenses rose to $230.1 million in Q1 2026 per SSTK's latest filing, from $222.6 million in the prior quarter.
- Over five years, Operating Expenses peaked at $237.2 million in Q4 2024 and troughed at $167.2 million in Q1 2022.
- A 5-year average of $208.9 million and a median of $215.1 million in 2023 frame the typical range for Operating Expenses.
- The sharpest annual moves came in 2023 and 2025: Operating Expenses advanced 23.17% in 2023, then retreated 6.15% in 2025.
- A 5-year view of Operating Expenses shows it stood at $210.1 million in 2022, then rose by 2.39% to $215.1 million in 2023, then increased by 10.26% to $237.2 million in 2024, then dropped by 6.15% to $222.6 million in 2025, then grew by 3.39% to $230.1 million in 2026.
- Business Quant data shows SSTK's Operating Expenses at $230.1 million in Q1 2026, $222.6 million in Q4 2025, and $227.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 1,913,603.98 Bn | 1,913,603.98 Bn | 295.20 Mn | 527.00 Mn |
| 2 | Alphabet | 4,425.33 Bn | 4,209.71 Bn | 102.29 Bn | 70.20 Bn |
| 3 | Meta Platforms | 1,502.66 Bn | 1,421.48 Bn | 46.09 Bn | 33.44 Bn |
| 4 | Spotify Technology | 119.69 Bn | 109.44 Bn | 1.75 Bn | 512.79 Mn |
| 5 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 480.50 Mn | |
| 6 | 13.64 Bn | 12.34 Bn | 768.96 Mn | 1.09 Bn | |
| 7 | Kanzhun | 13.02 Bn | 10.92 Bn | 255.62 Bn | -209.66 Bn |
| 8 | Snap | 9.72 Bn | 6.90 Bn | 1.29 Bn | 1.60 Bn |
| 9 | Zillow | 8.26 Bn | 7.48 Bn | 519.00 Mn | 483.00 Mn |
| 10 | Shutterstock | 460.64 Mn | 298.12 Mn | 150.82 Mn | 230.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 230.12 Mn |
| Dec 31, 2025 | 222.59 Mn |
| Sep 30, 2025 | 227.60 Mn |
| Jun 30, 2025 | 232.26 Mn |
| Mar 31, 2025 | 232.42 Mn |
| Dec 31, 2024 | 237.16 Mn |
| Sep 30, 2024 | 232.44 Mn |
| Jun 30, 2024 | 199.39 Mn |
| Mar 31, 2024 | 197.57 Mn |
| Dec 31, 2023 | 215.10 Mn |
| Sep 30, 2023 | 216.06 Mn |
| Jun 30, 2023 | 200.13 Mn |
| Mar 31, 2023 | 174.91 Mn |
| Dec 31, 2022 | 210.08 Mn |
| Sep 30, 2022 | 175.41 Mn |
| Jun 30, 2022 | 181.50 Mn |
| Mar 31, 2022 | 167.21 Mn |
| Dec 31, 2021 | 191.19 Mn |
| Sep 30, 2021 | 172.27 Mn |
| Jun 30, 2021 | 156.69 Mn |