Shutterstock, Inc. (SSTK) Stock

Shutterstock, Inc. (SSTK) is a Technology stock trading at $5.37 (as of 2026-08-20), with a market capitalization of $197.28M. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Shutterstock, Inc. provides digital content and related tools, including image collections (photographs, vectors, and illustrations), video footage, and music tracks and sound effects, along with search and application programming interface capabilities. Its content is used for visual communications and related creative workflows by customers across corporate communications, marketing, publishing, media, and individual creators.

Understand Shutterstock, Inc.: how it makes money

Shutterstock provides image and video content, plus creative workflow solutions, and makes money by licensing that content through subscriptions and related services.

Profitability is driven by how recurring content customers behave, net revenue retention influences ongoing subscriber value, while the content and data services mix determines how much of revenue is recurring versus other usage and services.

Revenue by segment (latest quarter)
Content$0.2B
Data,Dist,Services$0.0B

Business quality (Weak): Shutterstock has a sizable content library and measurable retention (Net Revenue Retention of 80 percent), but the latest quarter shows a negative operating margin (-15.5%), indicating costs and spending are not yet covered by operating revenue.

Bull case

  • Subscription-style retention: Net Revenue Retention is 80.0 percent, which points to the business retaining existing paying customers.
  • Revenue mix that includes more than just image licensing: Content Revenue is 0.18 billion, and Data, Distribution, and Services Revenue is 0.02 billion (together aligned to total revenue of about 0.2 billion).

Bear case

  • Operating losses: Operating margin is -15.5% in the latest reported quarter, meaning the core business is not generating operating profit at this time.
  • Customer economics can deteriorate if retention weakens: Net Revenue Retention is a key operating metric, so declines in retention would directly pressure the recurring revenue engine.
Valuation — source: SEC EDGAR (first-party)
Price$5.37
Market Cap$197.28M
Price / Book0.54
Price / Sales0.22
FCF Yield45.7%
DCF Value (model)$28.55
DCF Upside vs Price431.7%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$989.92M
Net Margin4.6%
Revenue Growth (YoY)-16.9%
EPS Growth (YoY)-606.0%
FCF Growth (YoY)-161.2%
Financial Health — source: SEC EDGAR
Altman Z-Score1.15 (distress)
Piotroski F-Score8/9 (strong)
Valuation vs Sector & Industry
Sector P/E (Technology)33.9
Industry P/E (Business Services)30.0
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($76.44M)
Institutional Holders Tracked10
Company
SectorTechnology
IndustryBusiness Services
CEOPaul J. Hennessy
Employees1,715
CountryUS
IPO Date2012-10-11

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SSTK earnings history · SSTK institutional & insider holders · SSTK KPIs & operating metrics · SSTK financials · SSTK investor presentations & press releases · SSTK SEC filings · SSTK peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.