Shutterstock is a stock photography agency providing photographs, illustrations, vectors, videos and music to businesses, marketing agencies, media organizations and individuals around the world. The Company also owns Bigstock, a value-oriented stock media agency; Offset, a high-end image collection; Skillfeed, an online marketplace for learning; and WebDAM, a cloud-based digital asset management service for businesses.

New York, US
Size (employees)
858 (est)
Shutterstock was founded in 2003 and is headquartered in New York, US
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Key People/Management at Shutterstock

Jon Oringer

Jon Oringer

Founder, Chairman and CEO
Marty Brodbeck

Marty Brodbeck

Chief Technology Officer
Heidi Garfield

Heidi Garfield

General Counsel
Steven Berns

Steven Berns

Chief Operating Officer and Chief Financial Officer
Lisa Nadler

Lisa Nadler

Chief Human Resources Officer
Ben Pfeifer

Ben Pfeifer

SVP, Editorial

Shutterstock Office Locations

Shutterstock has an office in Ontario, London, Milan, New York and in 16 other locations
New York, US (HQ)
350 Fifth Avenue, 21st Floor
Amsterdam, NL
495 Herengracht
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Shutterstock Financials and Metrics

Shutterstock Financials

Shutterstock's revenue was reported to be $494.32 m in FY, 2016 which is a 16.3% increase from the previous period.

Revenue (Q2, 2017)

134 k

Gross profit (Q2, 2017)

76.7 k

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

3.1 k

EBIT (Q2, 2017)

3.3 k

Market capitalization (5-Mar-2018)

1.8 b

Cash (1-Mar-2018)

210.6 k
Shutterstock's current market capitalization is $1.8 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016


235.5 m328 m425.1 m494.3 m

Revenue growth, %


Cost of goods sold

90.6 m130 m174.5 m203.1 m

Gross profit

144.9 m197.9 m250.6 m291.2 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


59.6 m72.8 m80.2 m83.7 m97.5 m104.4 m107.3 m116.7 m124.4 m123.1 m130.2 m134 k

Cost of goods sold

22.9 m29.1 m32 m33.3 m39.5 m42.5 m44.5 m48.1 m52.2 m50.2 m52.4 m57.3 k

Gross profit

36.6 m43.7 m48.2 m50.5 m58 m61.8 m62.7 m68.6 m72.2 m72.9 m77.8 m76.7 k

Gross profit Margin, %

USDFY, 2013FY, 2014FY, 2015FY, 2016


155.4 m233.5 m241.3 m224.2 m

Accounts Receivable

6.1 m15.3 m25.7 m38.1 m

Prepaid Expenses

19.8 m12.1 m11.7 m22.6 m

Current Assets

243.2 m323.5 m335.7 m339.8 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


195.5 m158 m180.9 m210.8 m190.5 m211.5 m229.6 m220.6 m210.9 m238 m195.4 m210.6 k

Accounts Receivable

5.5 m8.1 m11.1 m12.9 m22.7 m23.7 m25.6 m30.4 m33.3 m34.1 m38 m38.2 k

Prepaid Expenses

22.5 m19.8 m14.5 m12.7 m14 m12.4 m12.1 m18.2 m16.6 m28 m29.2 k

Current Assets

233.4 m250.5 m274 m296.6 m289.7 m313.4 m330.2 m329.3 m328.8 m351.9 m316.3 m332.9 k
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

26.5 m22.1 m19.6 m32.6 m

Depreciation and Amortization

3.9 m7.9 m14.8 m19.9 m

Accounts Payable

10.4 m10 m2.2 m10.8 m

Cash From Operating Activities

56.4 m82.9 m85.3 m101.1 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

18.6 m4.9 m9.8 m15.1 m3.2 m8.6 m12.7 m6.1 m13.4 m22.8 m6.6 m9.7 k

Depreciation and Amortization

2.7 m1.6 m3.6 m5.8 m3 m6.5 m10.4 m4.2 m9 m14.2 m7 m14.7 k

Accounts Payable

6 m2.2 m6.6 m8 m2.3 m1.7 m3.7 m1.3 m4.6 m15.5 m362 k5 k

Cash From Operating Activities

32.5 m15.6 m36.8 m59.5 m21.5 m40.1 m59.4 m23 m41.6 m76.7 m17.2 m40.4 k
USDY, 2017

Financial Leverage

1.8 x
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Shutterstock Operating Metrics

Shutterstock's Customers was reported to be 1.7 m in Q3, 2017.
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017

Content Contributors

50 k60 k60 k65 k70 k75 k80 k95 k120 k130 k160 k190 k190 k250 k300 k


900 k1 m1 m1.20 m1.20 m1.30 m1.40 m1.40 m1.50 m1.50 m1.60 m1.60 m1.70 m1.70 m1.70 m

Images and Video Clips

180 m

Images in Collection

35.40 m38.80 m42.70 m46.80 m51.60 m57.20 m63.70 m71.40 m81 m92.10 m102.70 m116.20 m132 m144.70 m150 m
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Shutterstock Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Shutterstock Singapore Pte. Ltd.
SSTK Holdings C.V.
Shutterstock Images C.V.
Shutterstock Netherlands B.V.
Shutterstock GmbH
Shutterstock (UK) Ltd.
Shutterstock International Services EMEA (UK) Ltd.
Rex Features (Holdings) Ltd.
Rex Features Ltd.
Shutterstock (France) SAS
Shutterstock Italy Srl
Shutterstock Japan GK
Shutterstock Brazil Servicos de Imagem Ltda.
Shutterstock Music Canada ULC
Shutterstock Images Canada ULC
Flashstock June 27, 2017$65 m
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Shutterstock News and Updates

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The collection was inspired by his current circle of friends.

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Her 1986 style at the awards show is unforgettable.

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Cleaning winter boots before storing them away can save time and money next season.

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Investors are anxious for a major turnaround.

Chrissy Teigen Looks Supermodel Chic in All Black and YSL Thigh-Highs

The model looked stylish in her monochromatic outfit.
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