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Shutterstock's revenue is $935.3 million.

What is Shutterstock's revenue?

Shutterstock's annual revenue is $935.3M. Zippia's data science team found the following key financial metrics about Shutterstock after extensive research and analysis.
  • Shutterstock's revenue growth from 2011 to 2024 is 677.63%.
  • Shutterstock has 700 employees, and the revenue per employee ratio is $1,336,088.
  • Shutterstock's peak quarterly revenue was $250.6M in 2024(q3).
  • Shutterstock peak revenue was $935.3M in 2024.
  • Shutterstock annual revenue for 2023 was 874.6M, 5.65% growth from 2022.
  • Shutterstock annual revenue for 2024 was 935.3M, 6.94% growth from 2023.

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Most recent quarter revenue
$250.3M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$935.3M (2024)
Company peak revenue
Revenue / employee
$1.3M
Company revenue / employee

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Floating question marks illustration
Most recent quarter revenue
$250.3M (Q4'2024)
Company most recent quarter revenue
Peak revenue
$935.3M (2024)
Company peak revenue
Revenue / employee
$1.3M
Company revenue / employee

Shutterstock historical revenue

Shutterstock's peak revenue was $935.3M in 2024. The peak quarterly revenue was $250.6M in 2024(q3).

Shutterstock's revenue increased from $120.3m in 2011 to $935.3M currently. That's a 677.63% change in annual revenue.

Shutterstock annual revenue

$935M
$748M
$561M
$374M
$187M
$0
2019
2020
2021
2022
2023
2024

Shutterstock annual revenue over time

Fiscal year / yearShutterstock revenue
2011$120.3M
2012$169.6M
2013$235.5M
2014$328.0M
2015$425.1M
2016$494.3M
2017$557.1M
2018$623.3M
2019$650.5M
2020$666.7M
2021$773.4M
2022$827.8M
2023$874.6M
2024$935.3M

How accurately did Shutterstock's revenue projections match actual performance?

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Shutterstock annual growth

Shutterstock saw the greatest revenue growth in 2012, when revenue increased by 41.03%.

Shutterstock had the lowest revenue growth in 2020, when revenue changed by 2.48%.

Shutterstock annual growth rate over time

YearShutterstock growth
2012
41%
2013
39%
2014
39%
2015
30%
2016
16%
2017
13%
2018
12%
2019
4%
2020
2%
2021
16%
2022
7%
2023
6%
2024
7%

Shutterstock quarterly revenue over time

  • Q1
  • Q2
  • Q3
  • Q4
$251M
$200M
$150M
$100M
$50M
$0
2020
2021
2022
2023
2024

Shutterstock quarterly growth rate over time

YearQ1Q2Q3Q4
2012--$42.3M$49.2M
2013$51.1M$56.8M$59.6M$68.0M
2014$72.8M$80.2M$83.7M$91.2M
2015$97.5M$104.4M$107.3M$116.0M
2016$116.7M$124.4M$123.1M$130.2M
2017$130.2M$134.0M$141.1M$151.8M
2018$153.0M$156.6M$151.6M$162.1M
2019$163.3M$161.7M$159.1M$166.4M
2020$161.3M$159.2M$165.2M$180.9M
2021$183.3M$189.9M$194.4M$205.8M
2022$199.1M$206.9M$204.1M$217.7M
2023$215.3M$208.8M$233.2M$217.2M
2024$214.3M$220.1M$250.6M$250.3M

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Shutterstock financial information

IndustrySoftware & Services
Company TypePublic
Employees Number700
Date Founded2003
HeadquartersNew York, New York
Number of Locations7
Revenue$935.3M
Net Income$76,103,000
Gross Proft$539.0M (2024)
PE Ratio34.85
Tax Rate0.4%
Market Capitalization$1.3B
Total Assets$881,184,000
TickerSSTK

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Shutterstock financing

Shutterstock received early financing of $0.0 on 2007-01-02.

SeriesRound sizeDate
Venture Round - Shutterstock01/2007

Shutterstock investors

InvestorsSecurity type
Insight PartnersVenture Round - Shutterstock

Shutterstock competitors

Shutterstock's top competitor, Google, earned an annual revenue of $350.0B.

Shutterstock's smallest competitor is Cappex.com with revenue of $3.1M last year.

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Zippia gives an in-depth look into the details of Shutterstock, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Shutterstock. The employee data is based on information from people who have self-reported their past or current employments at Shutterstock. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Shutterstock. The data presented on this page does not represent the view of Shutterstock and its employees or that of Zippia.

Shutterstock may also be known as or be related to Shutterstock, Shutterstock Inc, Shutterstock Inc. and Shutterstock, Inc.