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.
Type | Public | |
Founded | 2003 | |
HQ | New York, NY, US | Map |
Website | shutterstock.com | |
Employee Ratings | More | |
Overall Culture | B- | More |
USD | |
---|---|
Revenue (Q3, 2020) | 165.2m |
Gross profit (Q3, 2020) | 104.9m |
Gross profit margin (Q3, 2020), % | 63.5% |
Net income (Q3, 2020) | 22.6m |
EBIT (Q3, 2020) | 29.3m |
Market capitalization (15-Jan-2021) | 2.6b |
Closing stock price (15-Jan-2021) | 69.9 |
Cash (30-Sept-2020) | 383.1m |
EV | 2.2b |
USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 97.5m | 104.4m | 107.3m | 116.7m | 124.4m | 123.1m | 130.2m | 134.0m | 141.1m | 153.0m | 156.6m | 151.6m | 163.3m | 161.7m | 159.1m | 161.3m | 159.2m | 165.2m |
Cost of goods sold | 39.5m | 42.5m | 44.5m | 48.1m | 52.2m | 50.2m | 52.4m | 57.3m | 58.8m | 64.5m | 67.9m | 66.5m | 69.2m | 68.5m | 68.6m | 69.1m | 63.8m | 60.3m |
Gross profit | 58.0m | 61.8m | 62.7m | 68.6m | 72.2m | 72.9m | 77.8m | 76.7m | 82.3m | 88.5m | 88.7m | 85.1m | 94.1m | 93.2m | 90.4m | 92.2m | 95.4m | 104.9m |
Gross profit Margin, % | 59% | 59% | 59% | 59% | 58% | 59% | 60% | 57% | 58% | 58% | 57% | 56% | 58% | 58% | 57% | 57% | 60% | 63% |
USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 190.5m | 211.5m | 229.6m | 220.6m | 210.9m | 238.0m | 195.4m | 210.6m | 284.9m | 289.8m | 206.4m | 240.1m | 259.1m | 285.4m | 295.7m | 311.2m | 383.1m |
Accounts Receivable | 22.7m | 23.7m | 25.6m | 30.4m | 33.3m | 34.1m | 38.0m | 38.2m | 44.6m | 44.7m | 45.9m | 45.4m | 44.3m | 46.9m | 45.2m | 48.7m | 48.2m |
Prepaid Expenses | 12.7m | 14.0m | 12.4m | 12.1m | 18.2m | 16.6m | 28.0m | 29.2m | 33.6m | 27.3m | 28.3m | 35.4m | 29.7m | 31.7m | 28.8m | 26.6m | 19.3m |
Current Assets | 289.7m | 313.4m | 330.2m | 329.3m | 328.8m | 351.9m | 316.3m | 332.9m | 363.0m | 361.9m | 280.6m | 321.0m | 333.1m | 364.0m | 369.7m | 386.5m | 450.7m |
USD | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 3.2m | 8.6m | 12.7m | 6.1m | 13.4m | 22.8m | 6.6m | 9.7m | 14.7m | 32.6m | 32.3m | 39.8m | 7.5m | 10.8m | 15.8m | 4.3m | 23.3m | 45.9m |
Depreciation and Amortization | 3.0m | 6.5m | 10.4m | 4.2m | 9.0m | 14.2m | 7.0m | 14.7m | 24.9m | 10.9m | 22.2m | 33.9m | 11.9m | 25.3m | 37.3m | 10.5m | 23.9m | 31.1m |
Accounts Payable | 2.3m | 1.7m | 3.7m | 1.3m | 4.6m | 15.5m | 362.0k | 5.0m | 11.3m | 15.2m | (6.0m) | 1.4m | 2.0m | 1.9m | 13.3m | (2.3m) | (4.0m) | 5.3m |
Cash From Operating Activities | 21.5m | 40.1m | 59.4m | 23.0m | 41.6m | 76.7m | 17.2m | 40.4m | 71.5m | 21.1m | 38.0m | 68.5m | 19.7m | 46.7m | 77.0m | 6.9m | 36.3m | 100.2m |
USD | FY, 2014 |
---|---|
Revenue/Employee | 640.6k |
Financial Leverage | 1.5 x |
Q1, 2014 | Q2, 2014 | Q3, 2014 | FY, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | FY, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Customers | 900 k | 1 m | 1 m | 1.20 m | 1.20 m | 1.30 m | 1.40 m | 1.40 m | 1.50 m | 1.50 m | 1.60 m | 1.60 m | 1.70 m | 1.70 m | 1.70 m | 1.80 m | 1.80 m |
Content Contributors | 50 k | 60 k | 60 k | 65 k | 70 k | 75 k | 80 k | 95 k | 120 k | 130 k | 160 k | 190 k | 190 k | 250 k | 300 k | 350 k | 400 k |
Paid Downloads | 29.70 m | 31.50 m | 31.20 m | 125.90 m | 33.40 m | 35.90 m | 38.10 m | 147.20 m | 41.20 m | 43.40 m | 41.20 m | 167.90 m | 43.50 m | 42.70 m | 128 m | 172 m | 40 m |
Revenue per Download | $2.45 | $2.52 | $2.65 | $2.58 | $2.87 | $2.85 | $2.76 | $2.84 | $2.77 | $2.81 | $2.91 | $2.88 | $2.91 | $3.05 | $3.23 | $3.13 | $3.40 |
Company Name | Date | Deal Size |
---|---|---|
Flashstock | June 27, 2017 | $65 m |
Rex Features (Holdings) Ltd. | ||
Rex Features Ltd. | ||
Shutterstock Brazil Servicos de Imagem Ltda. | ||
Shutterstock (France) SAS | ||
Shutterstock GmbH | ||
Shutterstock Images Canada ULC | ||
Shutterstock Images C.V. | ||
Shutterstock International Services EMEA (UK) Ltd. | ||
Shutterstock Italy Srl |
Shutterstock revenue breakdown by business segment: 97.1% from Content Segment and 2.9% from Other
Shutterstock revenue breakdown by geographic segment: 28.1% from Rest of the world, 39.3% from North America and 32.6% from Europe
Shutterstock has 286.25k Twitter Followers. The number of followers has decreased 0.2% month over month and decreased 0.3% quarter over quarter
36.3k
Tweets
743
Following
286.2k
Followers
224
Tweets last 30 days
3.2
Avg. likes per Tweet
51.8%
Tweets with engagement
B-
70/100
D-
59/100
B+
77/100
C-
60/100
When was Shutterstock founded?
Shutterstock was founded in 2003.
Who are Shutterstock key executives?
Shutterstock's key executives are Jonathan Oringer, Jeff Epstein and Thomas R. Evans.
How many employees does Shutterstock have?
Shutterstock has 116 employees.
What is Shutterstock revenue?
Latest Shutterstock annual revenue is $650.5 m.
What is Shutterstock revenue per employee?
Latest Shutterstock revenue per employee is $5.6 m.
Who are Shutterstock competitors?
Competitors of Shutterstock include Pond5, Fotolia and 500px.
Where is Shutterstock headquarters?
Shutterstock headquarters is located at Empire State Building, 350 5th Ave, New York.
Where are Shutterstock offices?
Shutterstock has offices in New York, Chicago, Denton, Denver and in 11 other locations.
How many offices does Shutterstock have?
Shutterstock has 15 offices.
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