OverviewSuggest Edit

Shutterfly is an Internet-based image publishing service, offering personalized stationery and other related products and services. It enables consumers to upload, edit, enhance, organize, find, share, create, print, and preserve their photographs. The company also offers various applications, including BorrowLenses, an online marketplace for photographic and video equipment rentals, and Groovebook, a mobile photo book app subscription service, as well as operates Share sites, an online sharing platform.

TypePublic
Founded1999
HQRedwood City, US
Websiteshutterfly.com

Latest Updates

Employees (est.) (Dec 2018)7,094(+267%)
Job Openings11
Revenue (FY, 2017)$1.2 B(+5%)
Share Price (Sept 2019)$51
Cybersecurity ratingCMore

Key People/Management at Shutterfly

Hilary Schneider

Hilary Schneider

President and CEO
Moudy Elbayadi

Moudy Elbayadi

Senior Vice President and Chief Technology Officer
Dwayne Black

Dwayne Black

Senior Vice President and Chief Operations Officer
Jim Hilt

Jim Hilt

President, Shutterfly Consumer
Greg Hintz

Greg Hintz

President, Lifetouch
Vivian Liu

Vivian Liu

Senior Vice President and Chief Financial Officer
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Shutterfly Office Locations

Shutterfly has offices in Redwood City, Las Vegas, San Carlos, Waltham and in 6 other locations
Redwood City, US (HQ)
2800 Bridge Pkwy
Las Vegas, US
Las Vegas, NV, USA
San Carlos, US
San Carlos, CA, USA
Waltham, US
Waltham, MA, USA
Show all (10)

Shutterfly Financials and Metrics

Shutterfly Revenue

Shutterfly's revenue was reported to be $1.19 b in FY, 2017 which is a 4.9% increase from the previous period.
USD

Revenue (Q2, 2019)

473.4m

Gross profit (Q2, 2019)

232.9m

Gross profit margin (Q2, 2019), %

49.2%

Net income (Q2, 2019)

(12.7m)

EBIT (Q2, 2019)

(7.9m)

Market capitalization (25-Sept-2019)

1.8b

Closing stock price (25-Sept-2019)

51.0

Cash (30-Jun-2019)

105.3m

EV

2.6b
Shutterfly's current market capitalization is $1.8 b.
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

473.3m640.6m783.6m921.6m1.1b1.1b1.2b

Revenue growth, %

18%15%7%5%

Cost of goods sold

219.5m294.9m452.7m528.1m566.1m619.7m

Gross profit

253.7m345.8m468.9m531.4m568.1m570.6m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019

Revenue

75.8m76.5m91.3m99.0m98.5m116.7m133.5m122.7m137.1m159.1m142.0m160.0m183.9m167.5m181.7m204.0m187.3m192.0m209.0m195.4m199.7m643.1m368.8m2.0b324.7m473.4m

Cost of goods sold

39.9m41.6m50.1m50.7m55.1m61.9m71.7m71.3m76.3m83.3m89.7m94.7m96.6m108.0m108.7m109.6m117.8m116.1m118.2m131.1m126.0m961.6m210.4m240.5m

Gross profit

35.9m34.9m41.2m48.3m43.4m54.9m61.7m51.4m60.8m75.8m52.3m65.3m87.2m59.5m73.0m94.4m69.6m75.9m90.8m64.3m73.7m1.0b114.3m232.9m

Gross profit Margin, %

47%46%45%49%44%47%46%42%44%48%37%41%47%36%40%46%37%40%43%33%37%51%35%49%
Annual
USDFY, 2011Y, 2011FY, 2012Y, 2012Y, 2013FY, 2013Y, 2014FY, 2014FY, 2015Y, 2015FY, 2016FY, 2017

Cash

179.9m179.9m245.1m245.1m499.1m499.1m380.5m380.5m288.9m288.9m289.2m489.9m

Accounts Receivable

13.0m13.6m21.6m21.6m31.1m31.1m55.2m55.2m57.4m82.3m

Prepaid Expenses

13.9m15.3m21.3m25.0m33.1m41.4m

Inventories

3.7m5.0m9.6m9.6m13.0m13.0m13.5m13.5m11.8m11.0m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019

Cash

75.9m68.7m143.9m118.1m90.0m164.5m365.8m335.1m314.9m239.9m197.7m238.2m133.6m96.5m145.9m99.2m60.2m161.5m126.1m56.0m419.4m146.7m156.3m105.3m

Accounts Receivable

5.6m8.4m13.4m11.1m14.6m10.7m14.3m15.6m14.5m15.4m26.0m20.2m24.1m48.9m30.1m28.9m44.8m33.2m30.1m61.5m54.1m58.6m56.7m60.4m

Prepaid Expenses

46.6m57.5m37.1m43.3m58.2m44.1m50.4m102.9m114.8m

Inventories

3.2m3.0m3.7m3.9m5.6m4.8m4.9m8.4m8.5m9.1m16.3m12.0m10.5m11.6m12.0m11.5m11.4m9.7m8.9m12.1m10.2m15.3m20.9m20.9m
Annual
USDFY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Net Income

14.0m23.0m9.3m(7.9m)(843.0k)15.9m30.1m

Depreciation and Amortization

22.3m29.4m43.9m64.9m86.3m93.5m103.9m

Inventories

766.0k(1.3m)(3.7m)(3.4m)(450.0k)1.7m(743.0k)

Accounts Payable

(16.5m)15.2m3.6m(1.3m)3.1m27.1m32.2m
Quarterly
USDQ2, 2011Q3, 2011Q1, 2012Q2, 2012Q3, 2012Q1, 2013Q2, 2013Q3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018Q1, 2019Q2, 2019

Net Income

(11.4m)(21.4m)(10.0m)(19.6m)(30.0m)(12.4m)(24.2m)(10.1m)(34.2m)(27.1m)(46.2m)(45.1m)(23.8m)(63.1m)(29.4m)(16.5m)(29.2m)(33.2m)(56.0m)(81.6m)(27.2m)(53.7m)(127.2m)50.4m(83.6m)(96.4m)

Depreciation and Amortization

10.8m16.4m6.0m12.7m19.3m9.2m19.3m53.3m78.1m22.6m50.1m107.2m151.1m42.2m84.6m

Inventories

(1.3m)(1.5m)27.0k(159.0k)(1.8m)186.0k880.0k9.1m16.3m12.0m10.5m11.6m12.0m11.5m11.4m9.7m1.4m(1.8m)869.0k15.6m12.8m12.8m(3.0m)(3.0m)

Accounts Payable

(20.8m)(16.0m)(2.3m)2.9m3.8m(13.9m)(12.6m)16.7m28.4m12.9m11.2m14.9m14.4m11.6m17.9m14.1m(39.9m)(35.8m)(73.8m)(69.7m)(68.1m)4.2m(65.3m)(60.3m)
USDQ2, 2011

Financial Leverage

1.1 x
Show all financial metrics

Shutterfly Operating Metrics

Shutterfly's Orders was reported to be 4.9 m in Q3, 2017.
Show all operating metrics

Shutterfly Acquisitions / Subsidiaries

Company NameDateDeal Size
LifetouchJanuary 30, 2018$825 m

Shutterfly Cybersecurity Score

Cybersecurity ratingPremium dataset

C

71/100

SecurityScorecard logo

Shutterfly Revenue Breakdown

Embed Graph

Shutterfly revenue breakdown by business segment: 83.8% from Consumer and 16.2% from Shutterfly Business Solutions

Shutterfly Online and Social Media Presence

Embed Graph

Shutterfly News and Updates

Photo company Shutterfly is laying off 150 employees in Silicon Valley and moving their jobs to the Midwest

Shutterfly, a company that prints photos onto albums and gifts, is laying off 153 people at its headquarters in Redwood City, California. A company spokeswoman said it's relocating some of the positions to a hub in Minneapolis, where its school photography division is based. Shutterfly employees w…

Barclays, Citi to buy up to $280 mln of Shutterfly loans: Wall Street Journal

Investment banks are struggling to raise $2 billion of debt to back Apollo Global Management’s buyout of Shutterfly Inc, the Wall Street Journal reported. Barclays, Citigroup and other banks Apollo hired for the sale agreed to buy up to $280 million of the financing themselves failing to find enough…

Here are the latest executive power moves that help explain everything that's going on at GoDaddy, Domino's and Shutterfly

Keeping an eye on major hires and promotions is one of the best ways to understand a company's strategy.  The Org tracks executive changes at companies big and small.  Here's a snapshot of the most important executive moves of the week across tech, media, and retail.  Every week we bring you an …

Moore Kuehn, PLLC Announces Investigation of Shutterfly, Inc. (NASDAQ: SFLY)

NEW YORK, July 23, 2019 /PRNewswire/ -- Moore Kuehn, PLLC, a securities law firm located on Wall Street in downtown New York City, is investigating potential claims involving the directors and officers of Shutterfly, Inc. (NASDAQ: SFLY) regarding possible breaches of fiduciary duties and...

SHAREHOLDER ALERT: WeissLaw LLP Investigates Shutterfly, Inc. Acquisition

NEW YORK, June 13, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Shutterfly, Inc. ("SFLY" or the "Company") (NASDAQ: SFLY) in connection with the proposed acquisition of the Company by Apollo ...

ALERT: Rowley Law PLLC is Investigating Proposed Acquisition of Shutterfly, Inc.

NEW YORK, June 11, 2019 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Shutterfly, Inc. (NASDAQ: SFLY) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by funds affiliated with Apollo Global Management,...
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Shutterfly Blogs

Shutterfly, Inc. Agrees to be Acquired by Certain Funds Managed by Affiliates of Apollo Global Management in an All-Cash Transaction with an Enterprise Value of $2.7 Billion

Shutterfly, Inc. Agrees to be Acquired by Certain Funds Managed by Affiliates of Apollo Global Management in an All-Cash Transaction with an Enterprise Value of $2.7 Billion Content Import Mon, 06/10/2019 - 16:30 Shutterfly, Inc. Agrees to be Acquired by Certain Funds Managed by Affiliates…

Shutterfly to Present at Upcoming Baird Conference on June 4, 2019

Shutterfly to Present at Upcoming Baird Conference on June 4, 2019 Content Import Tue, 05/28/2019 - 18:47 Shutterfly to Present at Upcoming Baird Conference on June 4, 2019 May 28, 2019 This release is a backfill from a News Wire General …

Shutterfly, Inc. Names Jim Hilt President, Shutterfly Consumer Division

Shutterfly, Inc. Names Jim Hilt President, Shutterfly Consumer Division Content Import Fri, 03/08/2019 - 08:31 Shutterfly, Inc. Names Jim Hilt President, Shutterfly Consumer Division Mar 8, 2019 This release is a backfill from a News Wire Genera…

Shutterfly, Inc. Announces CEO Transition

President and CEO Christopher North to Remain through August 2019 to Facilitate Transition REDWOOD CITY, Calif. --(BUSINESS WIRE)--Feb. 5, 2019-- Shutterfly , Inc. (NASDAQ: SFLY), the leading retailer and manufacturing platform dedicated to helping capture, preserve, and share life’s important

Shutterfly, Inc. Announces Formation of Strategic Review Committee

REDWOOD CITY, Calif. --(BUSINESS WIRE)--Feb. 5, 2019-- Shutterfly, Inc. (NASDAQ:SFLY), the leading retailer and manufacturing platform dedicated to helping capture, preserve, and share life’s important moments, today announced that its Board of Directors has formed a Strategic Review Committee and

Shutterfly Announces Fourth Quarter and Full Year 2018 Financial Results

REDWOOD CITY, Calif. --(BUSINESS WIRE)--Feb. 5, 2019-- Shutterfly, Inc. (NASDAQ:SFLY), the leading retailer and manufacturing platform dedicated to helping capture, preserve, and share life’s important moments, today announced financial results for the fourth quarter and full year ended
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Shutterfly Frequently Asked Questions

  • When was Shutterfly founded?

    Shutterfly was founded in 1999.

  • Who are Shutterfly key executives?

    Shutterfly's key executives are Hilary Schneider, Moudy Elbayadi and Dwayne Black.

  • How many employees does Shutterfly have?

    Shutterfly has 7,094 employees.

  • What is Shutterfly revenue?

    Latest Shutterfly annual revenue is $1.2 b.

  • What is Shutterfly revenue per employee?

    Latest Shutterfly revenue per employee is $167.8 k.

  • Who are Shutterfly competitors?

    Competitors of Shutterfly include CGTrader, Mixbook and Vistaprint.

  • Where is Shutterfly headquarters?

    Shutterfly headquarters is located at 2800 Bridge Pkwy, Redwood City.

  • Where are Shutterfly offices?

    Shutterfly has offices in Redwood City, Las Vegas, San Carlos, Waltham and in 6 other locations.

  • How many offices does Shutterfly have?

    Shutterfly has 10 offices.