Shutterstock, Inc. (NYSE: SSTK), is a leading global provider of high-quality licensed photographs, vectors, illustrations, videos and music to businesses, marketing agencies and media organizations around the world. Working with its growing community of over 60,000 contributors, Shutterstock adds tens of thousands of images each week, and currently has more than 40 million images and 2 million video clips available.

Headquartered in New York City, with offices in Amsterdam, Berlin, Chicago, Denver, London, Paris and San Francisco, Shutterstock has customers in more than 150 countries. 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.

Company Growth (employees)
New York, US
Size (employees)
858 (est)+37%
Shutterstock is headquartered in New York, US

Key People at Shutterstock

Jon Oringer

Jon Oringer

Victor Alemany

Victor Alemany

QA Engineer

Shutterstock Office Locations

Shutterstock has offices in New York, Amsterdam, Berlin, Hamburg and in 14 other locations
New York, US (HQ)
350 Fifth Avenue, 21st Floor
Amsterdam, NL
495 Herengracht

Shutterstock Data and Metrics

Shutterstock Financial Metrics

Shutterstock's revenue was reported to be $494.3 m in FY, 2016 which is a 16% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

494.3 m

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

441.7 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

32.6 m

EBIT (FY, 2016)

13.2 m

Market capitalization (21-Jun-2017)

1.6 b

Closing share price (21-Jun-2017)


Cash (31-Dec-2016)

224.2 m
Shutterstock's current market capitalization is $1.6 b.
FY, 2013FY, 2014FY, 2015FY, 2016


235.5 m328 m425.1 m494.3 m

Revenue growth, %


Cost of goods sold

26.1 m64.7 m47.9 m52.6 m

Gross profit

209.4 m263.3 m377.2 m441.7 m

Gross profit Margin, %


Operating expense total

101.6 m159.3 m209.6 m117 m


43.3 m38.6 m41 m13.2 m

EBIT margin, %


Pre tax profit

12.5 m21.8 m11.7 m12 m

Income tax expense

16.9 m16.1 m14.7 m2.2 m

Net Income

26.4 m22 m19.6 m32.6 m
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016


4.9 m6.5 m14.1 m102.1 m155.4 m233.5 m241.3 m224.2 m

Accounts Receivable

6.1 m15.3 m25.7 m38.1 m


19.8 m12.1 m11.7 m22.6 m

Current Assets

243.2 m323.5 m335.7 m339.8 m


20.3 m26.7 m32.1 m56.1 m


1.4 m10.2 m50.9 m49.3 m

Total Assets

278.5 m383.8 m469.1 m501.8 m

Accounts Payable

4.2 m5.3 m6.8 m7.3 m

Current Liabilities

91.9 m120.3 m160.8 m203.5 m

Additional Paid-in Capital

127.4 m174.8 m213.9 m251.9 m

Retained Earnings

96.4 m129.1 m

Total Equity

288.6 m286.7 m

Financial Leverage

1.6 x1.8 x
FY, 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 Receivable

(4.9 m)(9.7 m)(11 m)(13 m)

Accounts Payable

10.4 m

Cash From Operating Activities

56.4 m82.9 m85.3 m101.1 m

Capital Expenditures

(14.1 m)(18 m)(14 m)(40 m)

Cash From Investing Activities

(70.1 m)(29 m)(71.8 m)(57.2 m)

Cash From Financing Activities

67 m24.9 m(4.1 m)(53.5 m)

Interest Paid

34 k34 k

Income Taxes Paid

14.2 m254 k14.5 m19.2 m

Free Cash Flow

70.4 m100.8 m99.3 m141.1 m
Y, 2016

Financial Leverage

1.8 x

Shutterstock Operating Metrics

Shutterstock's Customers was reported to be 1.7 m in Q1, 2017

    Shutterstock Market Value History

    Shutterstock Revenue Breakdown

    Shutterstock Job Categories

    Shutterstock Median Salaries

    Source: 72 public H-1B filings from Shutterstock

    Shutterstock Online and Social Media Presence

    Shutterstock News and Updates

    Shutterstock Company Life and Culture

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