Shutterstock annual operating expenses
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Shutterstock Operating Expenses Growth & History (SSTK)
Shutterstock's operating expenses was $914.9M for fiscal 2025.
View full Shutterstock company overviewShutterstock annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $914.9M | $48.3M | +5.58% |
| 2024 | 2024-12-31 | $866.6M | $60.4M | +7.49% |
| 2023 | 2023-12-31 | $806.2M | $72.0M | +9.80% |
| 2022 | 2022-12-31 | $734.2M | $68.9M | +10.36% |
| 2021 | 2021-12-31 | $665.3M | $83.9M | +14.43% |
| 2020 | 2020-12-31 | $581.4M | −$48.9M | −7.76% |
| 2019 | 2019-12-31 | $630.4M | $39.6M | +6.70% |
| 2018 | 2018-12-31 | $590.8M | $60.0M | +11.31% |
| 2017 | 2017-12-31 | $530.8M | $82.2M | +18.33% |
| 2016 | 2016-12-31 | $448.5M | $238.9M | +113.99% |
| 2015 | 2015-12-31 | $209.6M | $50.7M | +31.90% |
| 2014 | 2014-12-31 | $158.9M | $57.3M | +56.46% |
| 2013 | 2013-12-31 | $101.6M | $18.5M | +22.24% |
| 2012 | 2012-12-31 | $83.1M | $31.2M | +60.16% |
| 2011 | 2011-12-31 | $51.9M | $21.1M | +68.30% |
| 2010 | 2010-12-31 | $30.8M | — | — |
Shutterstock quarterly operating expenses
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Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $377.0M | $144.8M | +62.33% |
| Q1 2026 | 2026-03-31 | $230.1M | −$2.3M | −0.99% |
| Q4 2025 | 2025-12-31 | $222.6M | −$14.6M | −6.15% |
| Q3 2025 | 2025-09-30 | $227.6M | −$4.8M | −2.08% |
| Q2 2025 | 2025-06-30 | $232.3M | $32.9M | +16.49% |
| Q1 2025 | 2025-03-31 | $232.4M | $34.9M | +17.64% |
| Q4 2024 | 2024-12-31 | $237.2M | $22.1M | +10.26% |
| Q3 2024 | 2024-09-30 | $232.4M | $16.4M | +7.58% |
| Q2 2024 | 2024-06-30 | $199.4M | −$738,000 | −0.37% |
| Q1 2024 | 2024-03-31 | $197.6M | $22.7M | +12.95% |
| Q4 2023 | 2023-12-31 | $215.1M | $5.0M | +2.39% |
| Q3 2023 | 2023-09-30 | $216.1M | $40.6M | +23.17% |
| Q2 2023 | 2023-06-30 | $200.1M | $18.6M | +10.26% |
| Q1 2023 | 2023-03-31 | $174.9M | $7.7M | +4.60% |
| Q4 2022 | 2022-12-31 | $210.1M | $18.9M | +9.88% |
| Q3 2022 | 2022-09-30 | $175.4M | $3.1M | +1.82% |
| Q2 2022 | 2022-06-30 | $181.5M | $24.8M | +15.83% |
| Q1 2022 | 2022-03-31 | $167.2M | $22.1M | +15.19% |
| Q4 2021 | 2021-12-31 | $191.2M | $37.8M | +24.67% |
| Q3 2021 | 2021-09-30 | $172.3M | $36.4M | +26.78% |
| Q2 2021 | 2021-06-30 | $156.7M | $20.0M | +14.63% |
| Q1 2021 | 2021-03-31 | $145.2M | −$10.3M | −6.65% |
| Q4 2020 | 2020-12-31 | $153.4M | −$7.2M | −4.49% |
| Q3 2020 | 2020-09-30 | $135.9M | −$20.0M | −12.84% |
| Q2 2020 | 2020-06-30 | $136.7M | −$22.0M | −13.86% |
| Q1 2020 | 2020-03-31 | $155.5M | $271,000 | +0.17% |
| Q4 2019 | 2019-12-31 | $160.6M | $14.1M | +9.65% |
| Q3 2019 | 2019-09-30 | $155.9M | $11.0M | +7.61% |
| Q2 2019 | 2019-06-30 | $158.7M | $7.7M | +5.11% |
| Q1 2019 | 2019-03-31 | $155.2M | $6.7M | +4.51% |
| Q4 2018 | 2018-12-31 | $146.4M | $1.8M | +1.24% |
| Q3 2018 | 2018-09-30 | $144.9M | $9.4M | +6.93% |
| Q2 2018 | 2018-06-30 | $151.0M | $20.2M | +15.49% |
| Q1 2018 | 2018-03-31 | $148.5M | $28.6M | +23.86% |
| Q4 2017 | 2017-12-31 | $144.6M | $80.3M | +124.81% |
| Q3 2017 | 2017-09-30 | $135.5M | $73.9M | +119.95% |
| Q2 2017 | 2017-06-30 | $130.7M | $69.0M | +111.86% |
| Q1 2017 | 2017-03-31 | $119.9M | $62.2M | +107.59% |
| Q4 2016 | 2016-12-31 | $64.3M | $11.3M | +21.32% |
| Q3 2016 | 2016-09-30 | $61.6M | $6.9M | +12.70% |
| Q2 2016 | 2016-06-30 | $61.7M | $9.5M | +18.30% |
| Q1 2016 | 2016-03-31 | $57.8M | $8.0M | +16.09% |
| Q4 2015 | 2015-12-31 | $53.0M | $9.7M | +22.51% |
| Q3 2015 | 2015-09-30 | $54.7M | $13.4M | +32.49% |
| Q2 2015 | 2015-06-30 | $52.2M | $12.4M | +31.11% |
| Q1 2015 | 2015-03-31 | $49.8M | $15.2M | +43.86% |
| Q4 2014 | 2014-12-31 | $43.3M | $13.8M | +47.05% |
| Q3 2014 | 2014-09-30 | $41.3M | $14.5M | +54.47% |
| Q2 2014 | 2014-06-30 | $39.8M | $15.7M | +65.01% |
| Q1 2014 | 2014-03-31 | $34.6M | $13.3M | +62.30% |
| Q4 2013 | 2013-12-31 | $29.4M | $2.0M | +7.41% |
| Q3 2013 | 2013-09-30 | $26.7M | $9.4M | +54.27% |
| Q2 2013 | 2013-06-30 | $24.1M | $5.1M | +27.03% |
| Q1 2013 | 2013-03-31 | $21.3M | $1.9M | +9.91% |
| Q4 2012 | 2012-12-31 | $27.4M | $11.8M | +75.16% |
| Q3 2012 | 2012-09-30 | $17.3M | $3.5M | +25.07% |
| Q2 2012 | 2012-06-30 | $19.0M | $7.5M | +64.63% |
| Q1 2012 | 2012-03-31 | $19.4M | $8.5M | +78.55% |
| Q4 2011 | 2011-12-31 | $15.6M | — | — |
| Q3 2011 | 2011-09-30 | $13.8M | — | — |
| Q2 2011 | 2011-06-30 | $11.5M | — | — |
| Q1 2011 | 2011-03-31 | $10.9M | — | — |
Shutterstock operating expenses trends
Over the last five fiscal years, Shutterstock's operating expenses increased from $581.4M to $914.9M, a change of $333.4M. The latest reported quarter, Q2 2026, shows $377.0M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Shutterstock source filings ↗