Shutterstock SSTK
NYSE SSTK
$5.57 -0.40 (-6.78%)
As of: Aug 31, 2026 · 3:59 PM EDT

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.

Analysis

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.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn 18.22 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn 21.66 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn 468.43 Mn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn 191.00 Mn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn 231.28 Mn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn -148.13 Mn
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn -35.00 Mn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn 451.01 Mn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn 158.25 Mn
10 Shutterstock 205.54 Mn 72.33 Mn 128.01 Mn 48.01 Mn
Historic Data

Historic Data

Download Data
DateValue
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