Shutterstock (SSTK) Research & Development (2011 - 2026)
Shutterstock (SSTK) posted quarterly Research & Development of $48.3 million for Q1 2026, up 143.37% year-over-year from $19.9 million in Q1 2025, and down 69.4% quarter-over-quarter from $158.0 million in Q4 2025.
Shutterstock (SSTK) Research & Development (2011 - 2026) Analysis & Trends
Shutterstock (SSTK) has reported Research & Development for 16 consecutive years, with $48.3 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Research & Development rose 143.37% year-over-year to $48.3 million; the TTM figure through Mar 2026 stood at $322.8 million (up 4868.28% YoY), while the FY2025 annual figure was $221.0 million, up 149.93% from the prior year.
- Research & Development declined to $48.3 million in Q1 2026 per SSTK's latest filing, from $158.0 million in the prior quarter.
- Across five years, Research & Development topped out at $158.0 million in Q4 2025 and bottomed at -$89.9 million in Q4 2022.
- Historically, Research & Development has averaged $28.8 million across 5 years, with a median of $28.1 million in 2023.
- On a YoY basis, Research & Development climbed as much as 396.96% in 2022 and fell as far as 671.71% in 2022.
- Shutterstock's Research & Development stood at -$89.9 million in 2022, then soared by 169.7% to $62.7 million in 2023, then slumped by 219.85% to -$75.1 million in 2024, then surged by 310.36% to $158.0 million in 2025, then plunged by 69.4% to $48.3 million in 2026.
- Business Quant data shows SSTK's Research & Development at $48.3 million in Q1 2026, $158.0 million in Q4 2025, and $59.4 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | R&D (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,209.11 Bn | 3,780.07 Bn | 73.85 Bn | 18.22 Bn |
| 2 | Meta Platforms | 1,537.88 Bn | 1,447.62 Bn | 49.47 Bn | 21.66 Bn |
| 3 | Taboola.com | 1,134.89 Bn | 1,134.76 Bn | 139.48 Mn | 67.16 Mn |
| 4 | Baidu | 289.34 Bn | 284.85 Bn | 1.88 Mn | 635.00 Mn |
| 5 | Spotify Technology | 102.76 Bn | 92.52 Bn | 1.75 Bn | 387.52 Mn |
| 6 | Joyy | 77.62 Bn | 76.74 Bn | 205.64 Mn | -61.54 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 | - |
| 8 | Nebius | 49.31 Bn | 39.68 Bn | 295.20 Mn | 67.40 Mn |
| 9 | 30.43 Bn | 27.64 Bn | 734.60 Mn | 231.28 Mn | |
| 10 | Shutterstock | 203.70 Mn | 70.49 Mn | 128.01 Mn | 48.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 48.01 Mn |
| Mar 31, 2026 | 48.35 Mn |
| Dec 31, 2025 | 157.98 Mn |
| Sep 30, 2025 | 59.36 Mn |
| Jun 30, 2025 | 57.08 Mn |
| Mar 31, 2025 | 19.87 Mn |
| Dec 31, 2024 | -75.10 Mn |
| Sep 30, 2024 | 28.61 Mn |
| Jun 30, 2024 | 19.86 Mn |
| Mar 31, 2024 | 21.05 Mn |
| Dec 31, 2023 | 62.67 Mn |
| Sep 30, 2023 | 28.10 Mn |
| Jun 30, 2023 | 48.39 Mn |
| Mar 31, 2023 | 15.41 Mn |
| Dec 31, 2022 | -89.90 Mn |
| Sep 30, 2022 | 17.53 Mn |
| Jun 30, 2022 | 17.16 Mn |
| Mar 31, 2022 | 53.33 Mn |
| Dec 31, 2021 | 15.73 Mn |
| Sep 30, 2021 | 54.46 Mn |