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, London, Seattle, Washington and in 27 other locations
New York, US (HQ)
350 Fifth Avenue, 21st Floor
London, GB
The Gridiron Building 1 Pancras Square, 8th Floor

Shutterstock Metrics

Shutterstock Financial Metrics

Revenue (2016)

$494.3 m

Revenue growth (2015-16), %


Gross profit

$441.7 m

Gross profit margin (2016), %


Net income (2016)

$32.6 m

Market capitalization (28-Apr-2017)

$1.5 b

Closing share price (28-Apr-2017)


Cash (31-Dec-2016)

$224.2 m
Shutterstock's current market capitalization is $1.5 b.
Shutterstock's revenue was reported to be $494.3 m in FY, 2016 which is a 16% increase from the previous period.
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016


$235.5 m$328 m$425.1 m$494.3 m

Revenue growth, %


Cost of goods sold

$26.1 m$64.7 m$47.9 m$52.6 m

Gross profit

$209.4 m$263.3 m$377.2 m$441.7 m

Gross profit Margin, %


Operating expense total

$101.6 m$159.3 m$209.6 m$117 m


$43.3 m$38.6 m$41 m$13.2 m

EBIT margin, %


Pre tax profit

$12.5 m$21.8 m$11.7 m$12 m

Income tax expense

$876 k$1 m($25.7 m)$16.9 m$16.1 m$14.7 m$2.2 m

Net Income

$26.4 m$22 m$19.6 m$32.6 m
Y, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016


$4.9 m$6.5 m$14.1 m$102.1 m$155.4 m$233.5 m$241.3 m$224.2 m

Accounts Receivable

$6.1 m$15.3 m$25.7 m$38.1 m


$19.8 m$12.1 m$11.7 m$22.6 m

Current Assets

$243.2 m$323.5 m$335.7 m$339.8 m


$20.3 m$26.7 m$32.1 m$56.1 m


$1.4 m$10.2 m$50.9 m$49.3 m

Total Assets

$278.5 m$383.8 m$469.1 m$501.8 m

Accounts Payable

$4.2 m$5.3 m$6.8 m$7.3 m

Current Liabilities

$91.9 m$120.3 m$160.8 m$203.5 m

Additional Paid-in Capital

$127.4 m$174.8 m$213.9 m$251.9 m

Retained Earnings

$96.4 m$129.1 m

Total Equity

$288.6 m$286.7 m

Financial Leverage

1.6 x1.8 x
FY, 2013FY, 2014FY, 2015FY, 2016

Net Income

$26.5 m$22.1 m$19.6 m$32.6 m

Depreciation and Amortization

$3.9 m$7.9 m$14.8 m$19.9 m

Accounts Receivable

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


Accounts Payable

$10.4 m

Cash From Operating Activities

$56.4 m$82.9 m$85.3 m$101.1 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 m$24.9 m($4.1 m)($53.5 m)

Interest Paid

$34 k$34 k

Income Taxes Paid

$14.2 m$254 k$14.5 m$19.2 m

Free Cash Flow

$70.4 m$100.8 m$99.3 m$141.1 m

Shutterstock Market Value History

Shutterstock Job Categories

Shutterstock Median Salaries

Source: 72 public H-1B filings from Shutterstock

Shutterstock Online Presence

Shutterstock News

Shutterstock Company Life

You may also be interested in