Shutterstock, Inc. announced record full year 2025 revenue of $989.9 million and Adjusted EBITDA of $271.8 million, while reporting a Q4 2025 net loss of $16.0 million. The company also declared a quarterly dividend of $0.36 per share and provided an update on its pending merger with Getty Images.
Key takeaways
Full year 2025 revenue grew 6% to $989.9 million, with Adjusted EBITDA margin matching a previous high of 27.5%.
Q4 2025 revenue decreased 12% to $220.2 million, resulting in a net loss of $16.0 million, or $0.43 per diluted share.
The company incurred $34.9 million in professional fees in 2025 related to the proposed merger with Getty Images Holdings, Inc.
Cash and cash equivalents increased by $66.9 million to $178.2 million for the full year 2025.
The Board declared a quarterly cash dividend of $0.36 per share, payable on March 19, 2026.
Adjusted Free Cash Flow for the full year 2025 was $149.5 million, an increase of $40.8 million year-over-year.