Shutterstock annual r&d spending
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2025
Shutterstock R&D Spending Growth & History (SSTK)
Shutterstock's r&d spending was $89.0M for fiscal 2025.
View full Shutterstock company overviewShutterstock annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $89.0M | $616,000 | +0.70% |
| 2024 | 2024-12-31 | $88.4M | −$7.7M | −8.05% |
| 2023 | 2023-12-31 | $96.2M | $30.7M | +46.96% |
| 2022 | 2022-12-31 | $65.4M | $13.4M | +25.80% |
| 2021 | 2021-12-31 | $52.0M | $6.0M | +12.98% |
| 2020 | 2020-12-31 | $46.0M | −$11.2M | −19.54% |
| 2019 | 2019-12-31 | $57.2M | −$1.7M | −2.85% |
| 2018 | 2018-12-31 | $58.9M | $6.4M | +12.21% |
| 2017 | 2017-12-31 | $52.5M | $4.7M | +9.83% |
| 2016 | 2016-12-31 | $47.8M | $6.5M | +15.65% |
| 2015 | 2015-12-31 | $41.3M | $3.0M | +7.89% |
| 2014 | 2014-12-31 | $38.3M | $16.5M | +75.98% |
| 2013 | 2013-12-31 | $21.8M | $5.4M | +33.28% |
| 2012 | 2012-12-31 | $16.3M | $6.6M | +67.02% |
| 2011 | 2011-12-31 | $9.8M | $5.2M | +112.96% |
| 2010 | 2010-12-31 | $4.6M | — | — |
Shutterstock quarterly r&d spending
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| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $17.6M | −$3.2M | −15.32% |
| Q1 2026 | 2026-03-31 | $19.4M | −$460,000 | −2.32% |
| Q4 2025 | 2025-12-31 | $26.0M | $7.1M | +37.80% |
| Q3 2025 | 2025-09-30 | $22.4M | −$6.2M | −21.80% |
| Q2 2025 | 2025-06-30 | $20.8M | $895,000 | +4.51% |
| Q1 2025 | 2025-03-31 | $19.9M | −$1.2M | −5.63% |
| Q4 2024 | 2024-12-31 | $18.9M | −$4.5M | −19.38% |
| Q3 2024 | 2024-09-30 | $28.6M | $512,000 | +1.82% |
| Q2 2024 | 2024-06-30 | $19.9M | −$9.4M | −32.03% |
| Q1 2024 | 2024-03-31 | $21.1M | $5.6M | +36.64% |
| Q4 2023 | 2023-12-31 | $23.4M | $6.3M | +36.98% |
| Q3 2023 | 2023-09-30 | $28.1M | $10.6M | +60.25% |
| Q2 2023 | 2023-06-30 | $29.2M | $12.1M | +70.25% |
| Q1 2023 | 2023-03-31 | $15.4M | $1.8M | +13.06% |
| Q4 2022 | 2022-12-31 | $17.1M | $1.4M | +8.82% |
| Q3 2022 | 2022-09-30 | $17.5M | $4.0M | +29.26% |
| Q2 2022 | 2022-06-30 | $17.2M | $5.2M | +43.10% |
| Q1 2022 | 2022-03-31 | $13.6M | $2.9M | +26.98% |
| Q4 2021 | 2021-12-31 | $15.7M | $5.9M | +59.37% |
| Q3 2021 | 2021-09-30 | $13.6M | $2.9M | +27.77% |
| Q2 2021 | 2021-06-30 | $12.0M | −$492,000 | −3.94% |
| Q1 2021 | 2021-03-31 | $10.7M | −$2.3M | −17.89% |
| Q4 2020 | 2020-12-31 | $9.9M | −$5.2M | −34.67% |
| Q3 2020 | 2020-09-30 | $10.6M | −$2.9M | −21.55% |
| Q2 2020 | 2020-06-30 | $12.5M | −$1.1M | −8.16% |
| Q1 2020 | 2020-03-31 | $13.1M | −$1.9M | −12.79% |
| Q4 2019 | 2019-12-31 | $15.1M | $3.4M | +29.21% |
| Q3 2019 | 2019-09-30 | $13.5M | −$499,000 | −3.56% |
| Q2 2019 | 2019-06-30 | $13.6M | −$3.1M | −18.74% |
| Q1 2019 | 2019-03-31 | $15.0M | −$1.5M | −8.89% |
| Q4 2018 | 2018-12-31 | $11.7M | −$3.5M | −23.15% |
| Q3 2018 | 2018-09-30 | $14.0M | $692,000 | +5.19% |
| Q2 2018 | 2018-06-30 | $16.7M | $3.8M | +29.75% |
| Q1 2018 | 2018-03-31 | $16.4M | $5.4M | +48.93% |
| Q4 2017 | 2017-12-31 | $15.2M | $2.2M | +17.10% |
| Q3 2017 | 2017-09-30 | $13.3M | $1.7M | +14.96% |
| Q2 2017 | 2017-06-30 | $12.9M | $921,000 | +7.69% |
| Q1 2017 | 2017-03-31 | $11.0M | −$181,000 | −1.61% |
| Q4 2016 | 2016-12-31 | $13.0M | $3.4M | +34.99% |
| Q3 2016 | 2016-09-30 | $11.6M | $777,000 | +7.18% |
| Q2 2016 | 2016-06-30 | $12.0M | $1.8M | +17.49% |
| Q1 2016 | 2016-03-31 | $11.2M | $541,000 | +5.06% |
| Q4 2015 | 2015-12-31 | $9.6M | −$1.8M | −15.44% |
| Q3 2015 | 2015-09-30 | $10.8M | $957,000 | +9.70% |
| Q2 2015 | 2015-06-30 | $10.2M | $914,000 | +9.85% |
| Q1 2015 | 2015-03-31 | $10.7M | $2.9M | +37.38% |
| Q4 2014 | 2014-12-31 | $11.4M | $4.9M | +76.04% |
| Q3 2014 | 2014-09-30 | $9.9M | $4.2M | +73.61% |
| Q2 2014 | 2014-06-30 | $9.3M | $4.2M | +83.30% |
| Q1 2014 | 2014-03-31 | $7.8M | $3.2M | +70.74% |
| Q4 2013 | 2013-12-31 | $6.5M | $789,000 | +13.90% |
| Q3 2013 | 2013-09-30 | $5.7M | $1.9M | +49.80% |
| Q2 2013 | 2013-06-30 | $5.1M | $1.6M | +47.05% |
| Q1 2013 | 2013-03-31 | $4.6M | $1.1M | +33.23% |
| Q4 2012 | 2012-12-31 | $5.7M | $3.0M | +109.33% |
| Q3 2012 | 2012-09-30 | $3.8M | $984,000 | +35.01% |
| Q2 2012 | 2012-06-30 | $3.4M | $1.1M | +45.31% |
| Q1 2012 | 2012-03-31 | $3.4M | $1.5M | +81.19% |
| Q4 2011 | 2011-12-31 | $2.7M | — | — |
| Q3 2011 | 2011-09-30 | $2.8M | — | — |
| Q2 2011 | 2011-06-30 | $2.4M | — | — |
| Q1 2011 | 2011-03-31 | $1.9M | — | — |
Shutterstock r&d spending trends
Over the last five fiscal years, Shutterstock's r&d spending increased from $46.0M to $89.0M, a change of $43.0M. The latest reported quarter, Q2 2026, shows $17.6M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Shutterstock source filings ↗