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 | 33.22 Bn | 30.45 Bn | 511.94 Mn | 207.25 Mn | |
| 6 | 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| Date | Value |
|---|---|
| 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 |