Shutterstock (SSTK) Operating Expenses (2011 - 2026)
Shutterstock (SSTK) posted quarterly 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 reported Operating Expenses for 16 consecutive years, with $230.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 0.99% year-over-year to $230.1 million; the TTM figure through Mar 2026 stood at $912.6 million (up 1.24% YoY), while the FY2025 annual figure was $914.9 million, up 5.58% from the prior year.
- Operating Expenses climbed to $230.1 million in Q1 2026 per SSTK's latest filing, from $222.6 million in the prior quarter.
- Across five years, Operating Expenses topped out at $237.2 million in Q4 2024 and bottomed at $167.2 million in Q1 2022.
- Historically, Operating Expenses has averaged $208.9 million across 5 years, with a median of $215.1 million in 2023.
- Annual changes were most pronounced in 2023 — Operating Expenses advanced 23.17% — and 2025, when it retreated 6.15%.
- Shutterstock's Operating Expenses stood at $210.1 million in 2022, then gained by 2.39% to $215.1 million in 2023, then rose by 10.26% to $237.2 million in 2024, then declined by 6.15% to $222.6 million in 2025, then increased 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,209.11 Bn | 3,780.07 Bn | 73.85 Bn | 79.03 Bn |
| 2 | Meta Platforms | 1,537.88 Bn | 1,447.62 Bn | 49.47 Bn | 42.03 Bn |
| 3 | Taboola.com | 1,134.89 Bn | 1,134.76 Bn | 139.48 Mn | 132.22 Mn |
| 4 | Baidu | 289.34 Bn | 284.85 Bn | 1.88 Mn | 4.19 Bn |
| 5 | Spotify Technology | 102.76 Bn | 92.52 Bn | 1.75 Bn | 512.79 Mn |
| 6 | Joyy | 77.62 Bn | 76.74 Bn | 205.64 Mn | -187.82 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | 303,858.00 |
| 8 | Nebius | 49.31 Bn | 39.68 Bn | 295.20 Mn | 527.00 Mn |
| 9 | 30.43 Bn | 27.64 Bn | 734.60 Mn | 573.19 Mn | |
| 10 | Shutterstock | 203.70 Mn | 70.49 Mn | 128.01 Mn | 377.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 377.04 Mn |
| 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 |