Shutterstock, Inc. (SSTK) Research & Development (2011 - 2026)

Shutterstock has disclosed Research & Development across 16 years of filings, most recently posting $19.4 million for Q1 2026.

• In Q1 2026, Research & Development fell 2.32% year-over-year to $19.4 million; the TTM figure through Mar 2026 stood at $88.6 million (up 1.54% YoY), while the FY2025 annual figure was $89.0 million, up 0.7% from the prior year.
• Research & Development slipped to $19.4 million in Q1 2026, from $26.0 million in the prior quarter.
• Over the last five years, Research & Development for SSTK reached as high as $29.2 million in Q2 2023 and fell as low as $13.6 million in Q1 2022.
• The 5-year median for Research & Development is $19.9 million (2025), against an average of $21.1 million.
• Annual changes were most pronounced in 2023 — Research & Development surged 70.25% — and 2024, when it sank 32.03%.
• 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.
• According to Business Quant data, Research & Development over the past three periods registered $19.4 million, $26.0 million, and $22.4 million for Q1 2026, Q4 2025, and Q3 2025 respectively.