Shutterstock (SSTK) Operating Margin (2011 - 2026)
Shutterstock's Operating Margin came in at -69.99% for Q2 2026, down 83.00 percentage points from 13.01% a year earlier and down 54.45 percentage points from the prior quarter.
Powered by 
Analysis
Shutterstock (SSTK) Operating Margin (2011 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Shutterstock reported Operating Margin of -17.32%, down 24.86 percentage points year-over-year; for FY2025, it was 7.58%, up 0.24 percentage points from FY2024.
- Operating Margin carries a five-year change of -5.21 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 7.35% in FY2024 (-0.47 pp), 7.82% in FY2023 (-3.49 pp), 11.31% in FY2022 (-2.67 pp) and 13.98% in FY2021 (+1.19 pp).
- The Q2 2026 figure represents the lowest quarterly Operating Margin in data going back to Q1 2011.
- Year-over-year, Operating Margin has declined for three consecutive quarters, with an average year-over-year change of -12.46 percentage points over the last eight quarters.
- The fastest year-over-year change in Operating Margin over five years came in Q3 2025 (a gain of 5.25 percentage points), and the weakest in Q2 2026 (a drop of 83.00 percentage points).
- Business Quant data shows SSTK's Operating Margin at -15.54% (Q1 2026), -1.07% (Q4 2025) and 12.49% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,462.85 Bn | 3,197.75 Bn | 76.16 Bn | 31.81% |
| 2 | Meta Platforms | 1,559.43 Bn | 1,223.94 Bn | 51.23 Bn | 20.10% |
| 3 | Netflix | 262.12 Bn | 223.42 Bn | 6.80 Bn | 34.63% |
| 4 | Alibaba Group Holding | 253.57 Bn | 67.20 Bn | 15.16 Bn | 5.64% |
| 5 | Shopify | 191.77 Bn | 170.57 Bn | 1.78 Bn | 15.18% |
| 6 | Uber Technologies | 139.89 Bn | 110.71 Bn | 6.42 Bn | 9.80% |
| 7 | AppLovin | 130.31 Bn | 118.84 Bn | 1.94 Bn | 78.22% |
| 8 | Spotify Technology | 123.80 Bn | 80.72 Bn | 1.89 Bn | 13.52% |
| 9 | Booking Holdings | 120.61 Bn | 54.35 Bn | - | 38.43% |
| 10 | Shutterstock | 109.19 Mn | -530.31 Mn | 128.01 Mn | -69.99% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -69.99% |
| Mar 31, 2026 | -15.54% |
| Dec 31, 2025 | -1.07% |
| Sep 30, 2025 | 12.49% |
| Jun 30, 2025 | 13.01% |
| Mar 31, 2025 | 4.20% |
| Dec 31, 2024 | 5.25% |
| Sep 30, 2024 | 7.24% |
| Jun 30, 2024 | 9.39% |
| Mar 31, 2024 | 7.81% |
| Dec 31, 2023 | 0.98% |
| Sep 30, 2023 | 7.37% |
| Jun 30, 2023 | 4.17% |
| Mar 31, 2023 | 18.75% |
| Dec 31, 2022 | 3.51% |
| Sep 30, 2022 | 14.05% |
| Jun 30, 2022 | 12.27% |
| Mar 31, 2022 | 16.03% |
| Dec 31, 2021 | 7.09% |
| Sep 30, 2021 | 11.40% |
API Access
Shutterstock Operating 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=operating-margin&ticker=SSTK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=SSTK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();