Shutterstock annual operating margin
2010
2011
2012
2013
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2015
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2019
2020
2021
2022
2023
2024
2025
Shutterstock's operating margin was 7.58% for fiscal 2025.
View full Shutterstock company overview| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 7.58% | +0.24 pp |
| 2024 | 2024-12-31 | 7.35% | −0.47 pp |
| 2023 | 2023-12-31 | 7.82% | −3.49 pp |
| 2022 | 2022-12-31 | 11.31% | −2.67 pp |
| 2021 | 2021-12-31 | 13.98% | +1.19 pp |
| 2020 | 2020-12-31 | 12.79% | +9.69 pp |
| 2019 | 2019-12-31 | 3.10% | −2.11 pp |
| 2018 | 2018-12-31 | 5.21% | +0.48 pp |
| 2017 | 2017-12-31 | 4.73% | −4.53 pp |
| 2016 | 2016-12-31 | 9.26% | −0.39 pp |
| 2015 | 2015-12-31 | 9.65% | −2.25 pp |
| 2014 | 2014-12-31 | 11.90% | −6.49 pp |
| 2013 | 2013-12-31 | 18.39% | +5.51 pp |
| 2012 | 2012-12-31 | 12.88% | −6.15 pp |
| 2011 | 2011-12-31 | 19.03% | −4.83 pp |
| 2010 | 2010-12-31 | 23.86% | — |
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −69.99% | −83.00 pp |
| Q1 2026 | 2026-03-31 | −15.54% | −19.75 pp |
| Q4 2025 | 2025-12-31 | −1.07% | −6.33 pp |
| Q3 2025 | 2025-09-30 | 12.49% | +5.25 pp |
| Q2 2025 | 2025-06-30 | 13.01% | +3.62 pp |
| Q1 2025 | 2025-03-31 | 4.20% | −3.61 pp |
| Q4 2024 | 2024-12-31 | 5.25% | +4.27 pp |
| Q3 2024 | 2024-09-30 | 7.24% | −0.13 pp |
| Q2 2024 | 2024-06-30 | 9.39% | +5.22 pp |
| Q1 2024 | 2024-03-31 | 7.81% | −10.94 pp |
| Q4 2023 | 2023-12-31 | 0.98% | −2.53 pp |
| Q3 2023 | 2023-09-30 | 7.37% | −6.68 pp |
| Q2 2023 | 2023-06-30 | 4.17% | −8.09 pp |
| Q1 2023 | 2023-03-31 | 18.75% | +2.72 pp |
| Q4 2022 | 2022-12-31 | 3.51% | −3.58 pp |
| Q3 2022 | 2022-09-30 | 14.05% | +2.65 pp |
| Q2 2022 | 2022-06-30 | 12.27% | −5.23 pp |
| Q1 2022 | 2022-03-31 | 16.03% | −4.77 pp |
| Q4 2021 | 2021-12-31 | 7.09% | −8.16 pp |
| Q3 2021 | 2021-09-30 | 11.40% | −6.36 pp |
| Q2 2021 | 2021-06-30 | 17.49% | +3.34 pp |
| Q1 2021 | 2021-03-31 | 20.80% | +17.21 pp |
| Q4 2020 | 2020-12-31 | 15.25% | +11.76 pp |
| Q3 2020 | 2020-09-30 | 17.76% | +15.76 pp |
| Q2 2020 | 2020-06-30 | 14.16% | +12.26 pp |
| Q1 2020 | 2020-03-31 | 3.58% | −1.37 pp |
| Q4 2019 | 2019-12-31 | 3.49% | −6.16 pp |
| Q3 2019 | 2019-09-30 | 2.00% | −2.42 pp |
| Q2 2019 | 2019-06-30 | 1.90% | −1.69 pp |
| Q1 2019 | 2019-03-31 | 4.96% | +2.02 pp |
| Q4 2018 | 2018-12-31 | 9.65% | +4.91 pp |
| Q3 2018 | 2018-09-30 | 4.42% | +0.47 pp |
| Q2 2018 | 2018-06-30 | 3.59% | +1.14 pp |
| Q1 2018 | 2018-03-31 | 2.93% | −4.98 pp |
| Q4 2017 | 2017-12-31 | 4.74% | −5.40 pp |
| Q3 2017 | 2017-09-30 | 3.95% | −5.22 pp |
| Q2 2017 | 2017-06-30 | 2.45% | −5.97 pp |
| Q1 2017 | 2017-03-31 | 7.91% | −1.37 pp |
| Q4 2016 | 2016-12-31 | 10.14% | −2.82 pp |
| Q3 2016 | 2016-09-30 | 9.17% | +1.63 pp |
| Q2 2016 | 2016-06-30 | 8.42% | −0.84 pp |
| Q1 2016 | 2016-03-31 | 9.28% | +0.83 pp |
| Q4 2015 | 2015-12-31 | 12.96% | −0.57 pp |
| Q3 2015 | 2015-09-30 | 7.54% | −3.46 pp |
| Q2 2015 | 2015-06-30 | 9.26% | −1.22 pp |
| Q1 2015 | 2015-03-31 | 8.45% | −4.02 pp |
| Q4 2014 | 2014-12-31 | 13.52% | −4.84 pp |
| Q3 2014 | 2014-09-30 | 11.00% | −5.64 pp |
| Q2 2014 | 2014-06-30 | 10.48% | −8.76 pp |
| Q1 2014 | 2014-03-31 | 12.47% | −7.06 pp |
| Q4 2013 | 2013-12-31 | 18.36% | +12.35 pp |
| Q3 2013 | 2013-09-30 | 16.65% | −4.39 pp |
| Q2 2013 | 2013-06-30 | 19.25% | +3.96 pp |
| Q1 2013 | 2013-03-31 | 19.53% | +9.43 pp |
| Q4 2012 | 2012-12-31 | 6.02% | −11.57 pp |
| Q3 2012 | 2012-09-30 | 21.04% | +1.97 pp |
| Q2 2012 | 2012-06-30 | 15.29% | −6.87 pp |
| Q1 2012 | 2012-03-31 | 10.10% | −7.32 pp |
| Q4 2011 | 2011-12-31 | 17.59% | — |
| Q3 2011 | 2011-09-30 | 19.07% | — |
| Q2 2011 | 2011-06-30 | 22.16% | — |
| Q1 2011 | 2011-03-31 | 17.41% | — |
Over the last five fiscal years, Shutterstock's operating margin decreased from 12.79% to 7.58%, a change of −5.21 percentage points. The latest reported quarter, Q2 2026, shows −69.99%.
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
TickerStat calculates operating margin as SEC-reported operating income 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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