Shutterstock annual gross margin
2010
2011
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2025
Shutterstock Gross Margin Growth & History (SSTK)
Shutterstock's gross margin was 58.90% for fiscal 2025.
View full Shutterstock company overviewShutterstock annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 58.90% | +1.27 pp |
| 2024 | 2024-12-31 | 57.63% | −2.05 pp |
| 2023 | 2023-12-31 | 59.68% | −2.35 pp |
| 2022 | 2022-12-31 | 62.03% | −2.07 pp |
| 2021 | 2021-12-31 | 64.10% | +3.03 pp |
| 2020 | 2020-12-31 | 61.07% | +3.83 pp |
| 2019 | 2019-12-31 | 57.24% | +0.19 pp |
| 2018 | 2018-12-31 | 57.05% | −1.11 pp |
| 2017 | 2017-12-31 | 58.16% | −0.75 pp |
| 2016 | 2016-12-31 | 58.91% | −0.04 pp |
| 2015 | 2015-12-31 | 58.95% | −1.41 pp |
| 2014 | 2014-12-31 | 60.36% | −1.16 pp |
| 2013 | 2013-12-31 | 61.52% | −0.35 pp |
| 2012 | 2012-12-31 | 61.87% | −0.30 pp |
| 2011 | 2011-12-31 | 62.17% | +1.16 pp |
| 2010 | 2010-12-31 | 61.01% | — |
Shutterstock quarterly gross margin
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Q2.15
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 57.72% | −2.58 pp |
| Q1 2026 | 2026-03-31 | 52.41% | −6.01 pp |
| Q4 2025 | 2025-12-31 | 55.77% | +0.69 pp |
| Q3 2025 | 2025-09-30 | 60.57% | +2.23 pp |
| Q2 2025 | 2025-06-30 | 60.30% | +1.77 pp |
| Q1 2025 | 2025-03-31 | 58.42% | −0.43 pp |
| Q4 2024 | 2024-12-31 | 55.08% | −0.80 pp |
| Q3 2024 | 2024-09-30 | 58.34% | −1.27 pp |
| Q2 2024 | 2024-06-30 | 58.53% | −1.05 pp |
| Q1 2024 | 2024-03-31 | 58.84% | −4.85 pp |
| Q4 2023 | 2023-12-31 | 55.88% | −3.73 pp |
| Q3 2023 | 2023-09-30 | 59.61% | −1.24 pp |
| Q2 2023 | 2023-06-30 | 59.58% | −3.19 pp |
| Q1 2023 | 2023-03-31 | 63.69% | −1.43 pp |
| Q4 2022 | 2022-12-31 | 59.62% | −2.27 pp |
| Q3 2022 | 2022-09-30 | 60.85% | −3.34 pp |
| Q2 2022 | 2022-06-30 | 62.77% | −1.55 pp |
| Q1 2022 | 2022-03-31 | 65.12% | −1.14 pp |
| Q4 2021 | 2021-12-31 | 61.88% | −1.47 pp |
| Q3 2021 | 2021-09-30 | 64.19% | +0.70 pp |
| Q2 2021 | 2021-06-30 | 64.32% | +4.40 pp |
| Q1 2021 | 2021-03-31 | 66.26% | +9.12 pp |
| Q4 2020 | 2020-12-31 | 63.35% | +6.51 pp |
| Q3 2020 | 2020-09-30 | 63.49% | +6.63 pp |
| Q2 2020 | 2020-06-30 | 59.93% | +2.29 pp |
| Q1 2020 | 2020-03-31 | 57.14% | −0.48 pp |
| Q4 2019 | 2019-12-31 | 56.85% | −0.69 pp |
| Q3 2019 | 2019-09-30 | 56.85% | +0.70 pp |
| Q2 2019 | 2019-06-30 | 57.63% | +0.99 pp |
| Q1 2019 | 2019-03-31 | 57.62% | −0.23 pp |
| Q4 2018 | 2018-12-31 | 57.53% | +0.07 pp |
| Q3 2018 | 2018-09-30 | 56.15% | −2.15 pp |
| Q2 2018 | 2018-06-30 | 56.64% | −0.60 pp |
| Q1 2018 | 2018-03-31 | 57.85% | −1.90 pp |
| Q4 2017 | 2017-12-31 | 57.46% | −2.11 pp |
| Q3 2017 | 2017-09-30 | 58.31% | −0.92 pp |
| Q2 2017 | 2017-06-30 | 57.25% | −0.76 pp |
| Q1 2017 | 2017-03-31 | 59.75% | +0.96 pp |
| Q4 2016 | 2016-12-31 | 59.56% | +0.89 pp |
| Q3 2016 | 2016-09-30 | 59.22% | +0.72 pp |
| Q2 2016 | 2016-06-30 | 58.01% | −1.23 pp |
| Q1 2016 | 2016-03-31 | 58.80% | −0.67 pp |
| Q4 2015 | 2015-12-31 | 58.67% | −2.30 pp |
| Q3 2015 | 2015-09-30 | 58.50% | −1.78 pp |
| Q2 2015 | 2015-06-30 | 59.23% | −0.83 pp |
| Q1 2015 | 2015-03-31 | 59.47% | −0.53 pp |
| Q4 2014 | 2014-12-31 | 60.97% | −0.66 pp |
| Q3 2014 | 2014-09-30 | 60.28% | −1.21 pp |
| Q2 2014 | 2014-06-30 | 60.06% | −1.62 pp |
| Q1 2014 | 2014-03-31 | 60.00% | −1.23 pp |
| Q4 2013 | 2013-12-31 | 61.63% | −0.14 pp |
| Q3 2013 | 2013-09-30 | 61.49% | −0.51 pp |
| Q2 2013 | 2013-06-30 | 61.68% | −0.32 pp |
| Q1 2013 | 2013-03-31 | 61.22% | −0.48 pp |
| Q4 2012 | 2012-12-31 | 61.77% | −0.87 pp |
| Q3 2012 | 2012-09-30 | 62.00% | −1.49 pp |
| Q2 2012 | 2012-06-30 | 62.00% | −0.03 pp |
| Q1 2012 | 2012-03-31 | 61.70% | +1.66 pp |
| Q4 2011 | 2011-12-31 | 62.64% | — |
| Q3 2011 | 2011-09-30 | 63.50% | — |
| Q2 2011 | 2011-06-30 | 62.03% | — |
| Q1 2011 | 2011-03-31 | 60.04% | — |
Shutterstock gross margin trends
Over the last five fiscal years, Shutterstock's gross margin decreased from 61.07% to 58.90%, a change of −2.16 percentage points. The latest reported quarter, Q2 2026, shows 57.72%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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