Shutterstock (SSTK) Research & Development (2011 - 2026)

Shutterstock (SSTK) reported Research & Development of $19.4 million for Q1 2026, down 2.32% year-over-year from $19.9 million in Q1 2025, and down 25.48% quarter-over-quarter from $26.0 million in Q4 2025.

Shutterstock (SSTK) Research & Development (2011 - 2026) Analysis & Trends

Shutterstock (SSTK) has 16 years of Research & Development data on file, last reported at $19.4 million in Q1 2026.

  • Research & Development for Q1 2026 came in at $19.4 million, down 2.32% year-over-year; the trailing twelve-month figure through Mar 2026 was $88.6 million (up 1.54% YoY), and the FY2025 annual result was $89.0 million, up 0.7% from the prior year.
  • Research & Development fell to $19.4 million in Q1 2026 per SSTK's latest filing, from $26.0 million in the prior quarter.
  • Over five years, Research & Development peaked at $29.2 million in Q2 2023 and troughed at $13.6 million in Q1 2022.
  • A 5-year average of $21.1 million and a median of $19.9 million in 2025 frame the typical range for Research & Development.
  • The sharpest annual moves came in 2023 and 2024: Research & Development surged 70.25% in 2023, then tumbled 32.03% in 2024.
  • A 5-year view of Research & Development shows it stood at $17.1 million in 2022, then surged by 36.98% to $23.4 million in 2023, then declined by 19.38% to $18.9 million in 2024, then jumped by 37.8% to $26.0 million in 2025, then decreased by 25.48% to $19.4 million in 2026.
  • Business Quant data shows SSTK's Research & Development at $19.4 million in Q1 2026, $26.0 million in Q4 2025, and $22.4 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Nebius 1,913,603.98 Bn 1,913,603.98 Bn 295.20 Mn 67.40 Mn
2 Alphabet 4,425.33 Bn 4,209.71 Bn 102.29 Bn 17.03 Bn
3 Meta Platforms 1,502.66 Bn 1,421.48 Bn 46.09 Bn 17.70 Bn
4 Spotify Technology 119.69 Bn 109.44 Bn 1.75 Bn 387.52 Mn
5 Reddit 33.22 Bn 30.45 Bn 511.94 Mn 207.25 Mn
6 Pinterest 13.64 Bn 12.34 Bn 768.96 Mn 380.79 Mn
7 Kanzhun 13.02 Bn 10.92 Bn 255.62 Bn -61.44 Bn
8 Snap 9.72 Bn 6.90 Bn 1.29 Bn 478.30 Mn
9 Zillow 8.26 Bn 7.48 Bn 519.00 Mn 150.00 Mn
10 Shutterstock 460.64 Mn 298.12 Mn 150.82 Mn 19.41 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.41 Mn
Dec 31, 2025 26.04 Mn
Sep 30, 2025 22.37 Mn
Jun 30, 2025 20.75 Mn
Mar 31, 2025 19.87 Mn
Dec 31, 2024 18.90 Mn
Sep 30, 2024 28.61 Mn
Jun 30, 2024 19.86 Mn
Mar 31, 2024 21.05 Mn
Dec 31, 2023 23.44 Mn
Sep 30, 2023 28.10 Mn
Jun 30, 2023 29.22 Mn
Mar 31, 2023 15.41 Mn
Dec 31, 2022 17.11 Mn
Sep 30, 2022 17.53 Mn
Jun 30, 2022 17.16 Mn
Mar 31, 2022 13.63 Mn
Dec 31, 2021 15.73 Mn
Sep 30, 2021 13.57 Mn
Jun 30, 2021 11.99 Mn