Shutterstock (SSTK) Research & Development (2011 - 2026)
Shutterstock's (SSTK) quarterly Research & Development came in at $48.0 million in Q2 2026, down 15.89% year-over-year from $57.1 million in Q2 2025, and down 0.7% quarter-over-quarter from $48.3 million in Q1 2026.
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Analysis
Shutterstock (SSTK) Research & Development (2011 - 2026) Analysis & Trends
Shutterstock (SSTK) has reported Research & Development for 16 consecutive years, with $48.0 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Research & Development fell 15.89% year-over-year to $48.0 million in Q2 2026; TTM through Jun 2026 was $206.9 million, a 8.06% decrease from a year earlier, with the FY2025 full-year figure at $221.0 million, down 0.78% from the prior year.
- Research & Development was $48.0 million for Q2 2026 at Shutterstock, down from $48.3 million in the prior quarter.
- Over five years, Research & Development peaked at $62.7 million in Q4 2023 and troughed at $47.5 million in Q1 2023.
- A 5-year average of $53.2 million and a median of $53.3 million in 2022 frame the typical range for Research & Development.
- Across the five-year window, Research & Development fell 23.62% in 2022 and soared 31.05% in 2023, its largest moves.
- Over 5 years, Research & Development stood at $47.8 million in 2022, then soared by 31.05% to $62.7 million in 2023, then dropped by 5.55% to $59.2 million in 2024, then dropped by 13.52% to $51.2 million in 2025, then fell by 6.2% to $48.0 million in 2026.
- The last three Research & Development figures came in at $48.0 million (Q2 2026), $48.3 million (Q1 2026), and $51.2 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 268.88 Bn | 233.62 Bn | 15.11 Bn | -7.02 Bn |
| 2 | Booking Holdings | 126.62 Bn | 109.41 Bn | 4.98 Bn | 263.00 Mn |
| 3 | PDD Holdings | 112.86 Bn | 82.58 Bn | 9.45 Bn | -673.00 Mn |
| 4 | Airbnb | 98.44 Bn | 86.37 Bn | 2.98 Bn | 875.00 Mn |
| 5 | Mercadolibre | 92.29 Bn | 77.10 Bn | 4.16 Bn | 1.13 Bn |
| 6 | Ebay | 48.19 Bn | 44.89 Bn | 2.30 Bn | 697.00 Mn |
| 7 | Expedia | 32.17 Bn | 25.04 Bn | 3.91 Bn | 2.12 Bn |
| 8 | Maplebear | 10.62 Bn | 9.77 Bn | 751.00 Mn | 233.00 Mn |
| 9 | Full Truck Alliance | 7.66 Bn | 6.70 Bn | - | -38.45 Mn |
| 10 | Shutterstock | 167.10 Mn | 33.90 Mn | 128.01 Mn | 48.01 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.01 Mn |
| Mar 31, 2026 | 48.35 Mn |
| Dec 31, 2025 | 51.18 Mn |
| Sep 30, 2025 | 59.36 Mn |
| Jun 30, 2025 | 57.08 Mn |
| Mar 31, 2025 | 53.36 Mn |
| Dec 31, 2024 | 59.18 Mn |
| Sep 30, 2024 | 55.40 Mn |
| Jun 30, 2024 | 51.88 Mn |
| Mar 31, 2024 | 56.24 Mn |
| Dec 31, 2023 | 62.67 Mn |
| Sep 30, 2023 | 56.17 Mn |
| Jun 30, 2023 | 48.39 Mn |
| Mar 31, 2023 | 47.53 Mn |
| Dec 31, 2022 | 47.82 Mn |
| Sep 30, 2022 | 47.78 Mn |
| Jun 30, 2022 | 54.23 Mn |
| Mar 31, 2022 | 53.33 Mn |
| Dec 31, 2021 | 62.61 Mn |
| Sep 30, 2021 | 54.46 Mn |
API Access
Shutterstock Research & Development 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=research-and-development&ticker=SSTK&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "research-and-development", "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=research-and-development&ticker=SSTK&period=max&api_key=YOUR_API_KEY");
const data = await res.json();