Shutterstock (SSTK) Revenue & Revenue Breakdown


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Shutterstock Revenue Highlights


Latest Revenue (Y)

$874.59M

Latest Revenue (Q)

$250.59M

Main Segment (Y)

Content

Main Geography (Y)

North America

Shutterstock Revenue by Period


Shutterstock Revenue by Year

DateRevenueChange
2023-12-31$874.59M5.65%
2022-12-31$827.83M7.04%
2021-12-31$773.41M16.01%
2020-12-31$666.69M2.48%
2019-12-31$650.52M4.38%
2018-12-31$623.25M11.87%
2017-12-31$557.11M12.70%
2016-12-31$494.32M16.27%
2015-12-31$425.15M29.63%
2014-12-31$327.97M39.26%
2013-12-31$235.51M38.85%
2012-12-31$169.62M41.03%
2011-12-31$120.27M44.95%
2010-12-31$82.97M35.80%
2009-12-31$61.10M-

Shutterstock generated $874.59M in revenue during NA 2023, up 5.65% compared to the previous quarter, and up 140.33% compared to the same period a year ago.

Shutterstock Revenue by Quarter

DateRevenueChange
2024-09-30$250.59M13.88%
2024-06-30$220.05M2.68%
2024-03-31$214.31M-1.34%
2023-12-31$217.22M-6.87%
2023-09-30$233.25M11.69%
2023-06-30$208.84M-2.99%
2023-03-31$215.28M-1.12%
2022-12-31$217.73M6.68%
2022-09-30$204.10M-1.34%
2022-06-30$206.87M3.89%
2022-03-31$199.13M-3.23%
2021-12-31$205.78M5.83%
2021-09-30$194.44M2.38%
2021-06-30$189.91M3.62%
2021-03-31$183.28M1.29%
2020-12-31$180.94M9.51%
2020-09-30$165.23M3.77%
2020-06-30$159.23M-1.27%
2020-03-31$161.28M-3.06%
2019-12-31$166.37M4.58%
2019-09-30$159.08M-1.65%
2019-06-30$161.74M-0.97%
2019-03-31$163.33M0.78%
2018-12-31$162.07M6.93%
2018-09-30$151.57M-3.20%
2018-06-30$156.58M2.33%
2018-03-31$153.02M0.78%
2017-12-31$151.83M7.63%
2017-09-30$141.06M5.27%
2017-06-30$134.00M2.90%
2017-03-31$130.22M0.04%
2016-12-31$130.17M5.77%
2016-09-30$123.07M-1.08%
2016-06-30$124.42M6.66%
2016-03-31$116.65M0.56%
2015-12-31$116.00M8.15%
2015-09-30$107.26M2.77%
2015-06-30$104.36M7.02%
2015-03-31$97.52M6.90%
2014-12-31$91.23M8.95%
2014-09-30$83.73M4.35%
2014-06-30$80.24M10.25%
2014-03-31$72.78M6.98%
2013-12-31$68.03M14.23%
2013-09-30$59.56M4.84%
2013-06-30$56.81M11.14%
2013-03-31$51.12M3.99%
2012-12-31$49.16M16.32%
2012-09-30$42.26M4.02%
2012-06-30$40.63M8.12%
2012-03-31$37.57M8.20%
2011-12-31$34.73M11.46%
2011-09-30$31.16M7.76%
2011-06-30$28.91M13.49%
2011-03-31$25.48M-

Shutterstock generated $250.59M in revenue during Q3 2024, up 13.88% compared to the previous quarter, and up 119.99% compared to the same period a year ago.

Shutterstock Revenue Breakdown


Shutterstock Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
E-Commerce$439.94M$501.38M$490.21M$412.52M$392.24M
Enterprise$434.65M$326.44M$283.20M$254.16M$258.28M
Content$737.26M----
Product and Service, Other-----

Shutterstock's latest annual revenue breakdown by segment (product or service), as of Dec 23: Content (45.74%), E-Commerce (27.29%), and Enterprise (26.97%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Enterprise$46.88M$40.48M$114.97M$127.21M$96.94M$95.53M$95.39M$79.50M$79.48M$72.06M$76.39M$72.73M$69.20M$64.88M$69.14M$62.41M$61.07M$61.55M$65.47M$62.85M
E-Commerce$203.71M$173.83M$102.25M$106.04M$111.90M$119.75M$122.33M$124.59M$127.39M$127.07M$129.39M$121.71M$120.72M$118.40M$111.81M$102.82M$98.16M$99.74M$100.90M$96.23M
Digital Asset Management [Member--------------------

Shutterstock's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: E-Commerce (81.29%), and Enterprise (18.71%).

Shutterstock Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
North America$427.75M$353.20M$290.98M$236.60M$228.19M
All Regions Of The World Except North America And Europe$215.79M$231.60M$228.96M$209.42M$204.94M
Europe$231.05M$243.03M$253.48M$220.66M$217.40M

Shutterstock's latest annual revenue breakdown by geography, as of Dec 23: North America (48.91%), Europe (26.42%), and All Regions Of The World Except North America And Europe (24.67%).

Quarterly Revenue by Country

CountrySep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Europe$69.46M$55.40M$57.04M$56.56M$58.41M$59.03M$60.23M$57.31M$62.93M$62.55M$66.12M$60.30M$64.78M$62.28M$61.37M$53.29M$52.21M$53.80M$56.58M$51.68M
North America$120.54M$110.43M$109.07M$123.33M$96.20M$99.14M$98.30M$89.06M$85.90M$79.94M$80.45M$77.26M$68.95M$64.31M$64.12M$59.25M$56.21M$57.02M$56.86M$56.15M
All Regions Of The World Except North America And Europe$60.59M$48.49M$51.10M$53.36M$54.23M$57.11M$59.20M$57.73M$58.05M$56.64M$59.21M$56.87M$56.18M$56.70M$55.45M$52.68M$50.81M$50.47M$52.93M$51.24M

Shutterstock's latest quarterly revenue breakdown by geography, as of Sep 24: North America (48.10%), Europe (27.72%), and All Regions Of The World Except North America And Europe (24.18%).

Shutterstock Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
BIDUBaidu$134.60B$31.51B
JFINJiayin Group$5.47B$1.60B
SNAPSnap$4.61B$1.37B
IACMatch Group$4.37B$949.53M
TWLOTwilio$4.15B$1.13B
ANGIAngi$1.36B$305.39M
YELPYelp$1.34B$357.02M
THRYThryv$916.96M$224.08M
GETYGetty Images$916.55M$229.14M
SSTKShutterstock$874.59M$250.59M
SEATVivid Seats$712.88M$198.32M
OPRAOpera$397.23M$100.80M
FVRRFiverr$361.38M$93.52M
EVEREverQuote$287.92M$117.14M
PGRUPropertyGuru$150.13M$36.52M
ONFOOnfolio$5.24M$1.59M
ASSTAsset Entities$277.04K$92.97K
MTCHMatch Group-$864.07M

SSTK Revenue FAQ


Shutterstock's yearly revenue for 2023 was $874.59M, representing an increase of 5.65% compared to 2022. The company's yearly revenue for 2022 was $827.83M, representing an increase of 7.04% compared to 2021. SSTK's yearly revenue for 2021 was $773.42M, representing an increase of 16.01% compared to 2020.

Shutterstock's quarterly revenue for Q3 2024 was $250.59M, a 13.88% increase from the previous quarter (Q2 2024), and a 7.43% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $220.05M, a 2.68% increase from the previous quarter (Q1 2024), and a 5.37% increase year-over-year (Q2 2023). SSTK's quarterly revenue for Q1 2024 was $214.32M, a -1.34% decrease from the previous quarter (Q4 2023), and a -0.45% decrease year-over-year (Q1 2023).

Shutterstock's revenue growth rate for the last 3 years (2021-2023) was 13.08%, and for the last 5 years (2019-2023) was 34.44%.

Shutterstock's revenue streams in c 23 are E-Commerce, Enterprise, and Content. E-Commerce generated $439.94M in revenue, accounting 27.29% of the company's total revenue, down -12.25% year-over-year. Enterprise generated $434.65M in revenue, accounting 26.97% of the company's total revenue, up 33.15% year-over-year. Content generated $737.26M in revenue, accounting 45.74% of the company's total revenue

For the fiscal year ending Dec 23, the largest source of revenue of Shutterstock was Content. This segment made a revenue of $737.26M, representing 45.74% of the company's total revenue.