Tearsheet

Shutterstock (SSTK)


Market Price (5/7/2026): $16.5 | Market Cap: $586.5 Mil
Sector: Communication Services | Industry: Interactive Media & Services

Shutterstock (SSTK)


Market Price (5/7/2026): $16.5
Market Cap: $586.5 Mil
Sector: Communication Services
Industry: Interactive Media & Services

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 17%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12%

Attractive yield
Dividend Yield is 8.2%, FCF Yield is 19%

Low stock price volatility
Vol 12M is 50%

Megatrend and thematic drivers
Megatrends include Social Media & Creator Economy, Digital Advertising, and Digital Content & Streaming. Themes include Creator Economy Monetization, Show more.

Weak multi-year price returns
2Y Excs Rtn is -103%, 3Y Excs Rtn is -149%

Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.8%, Rev Chg QQuarterly Revenue Change % is -18%

Key risks
SSTK key risks include [1] its own generative AI initiatives cannibalizing its core content business amid uncertainty over the long-term sustainability of its AI data licensing revenue, Show more.

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 17%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 12%
1 Attractive yield
Dividend Yield is 8.2%, FCF Yield is 19%
2 Low stock price volatility
Vol 12M is 50%
3 Megatrend and thematic drivers
Megatrends include Social Media & Creator Economy, Digital Advertising, and Digital Content & Streaming. Themes include Creator Economy Monetization, Show more.
4 Weak multi-year price returns
2Y Excs Rtn is -103%, 3Y Excs Rtn is -149%
5 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -1.8%, Rev Chg QQuarterly Revenue Change % is -18%
6 Key risks
SSTK key risks include [1] its own generative AI initiatives cannibalizing its core content business amid uncertainty over the long-term sustainability of its AI data licensing revenue, Show more.

Valuation, Metrics & Events

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Shutterstock (SSTK) stock has lost about 15% since 1/31/2026 because of the following key factors:

1. Shutterstock experienced a significant downturn in its First Quarter 2026 financial results, announced on April 28, 2026.

The company reported a net loss of $47.6 million, a sharp contrast to the net income of $18.7 million in the first quarter of 2025. Revenue fell 18% year-over-year to $199.2 million, missing analyst estimates of $221.4 million. Adjusted earnings per share (EPS) of $0.58 also fell short of analyst expectations of $0.96. This decline was broad-based, with Content revenue decreasing by 12% to $178.1 million and Data, Distribution, and Services revenue dropping by 47% to $21.0 million, including a 63% decrease in data offering revenue.

2. Regulatory hurdles continue to challenge the proposed merger with Getty Images.

While the U.S. Department of Justice (DOJ) concluded its review without conditions on February 23, 2026, the UK's Competition and Markets Authority (CMA) provisionally found on February 19, 2026, that the merger could substantially lessen competition in the UK Editorial market. On April 16, 2026, the CMA's interim report indicated that Getty Images' proposed remedies were unlikely to address these concerns and suggested a possible sale of Shutterstock's Rex Features, Backgrid, and Splash News businesses.

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Stock Movement Drivers

Fundamental Drivers

The -15.2% change in SSTK stock from 1/31/2026 to 5/6/2026 was primarily driven by a -8.4% change in the company's P/S Multiple.
(LTM values as of)13120265062026Change
Stock Price ($)19.4416.49-15.2%
Change Contribution By: 
Total Revenues ($ Mil)1,020946-7.2%
P/S Multiple0.70.6-8.4%
Shares Outstanding (Mil)3536-0.2%
Cumulative Contribution-15.2%

LTM = Last Twelve Months as of date shown

Market Drivers

1/31/2026 to 5/6/2026
ReturnCorrelation
SSTK-15.2% 
Market (SPY)3.6%26.0%
Sector (XLC)-2.0%34.2%

Fundamental Drivers

The -31.6% change in SSTK stock from 10/31/2025 to 5/6/2026 was primarily driven by a -26.4% change in the company's P/S Multiple.
(LTM values as of)103120255062026Change
Stock Price ($)24.1016.49-31.6%
Change Contribution By: 
Total Revenues ($ Mil)1,011946-6.3%
P/S Multiple0.80.6-26.4%
Shares Outstanding (Mil)3536-0.8%
Cumulative Contribution-31.6%

LTM = Last Twelve Months as of date shown

Market Drivers

10/31/2025 to 5/6/2026
ReturnCorrelation
SSTK-31.6% 
Market (SPY)5.5%34.9%
Sector (XLC)2.9%41.1%

Fundamental Drivers

The 11.0% change in SSTK stock from 4/30/2025 to 5/6/2026 was primarily driven by a 11.8% change in the company's P/S Multiple.
(LTM values as of)43020255062026Change
Stock Price ($)14.8516.4911.0%
Change Contribution By: 
Total Revenues ($ Mil)9359461.2%
P/S Multiple0.60.611.8%
Shares Outstanding (Mil)3536-1.9%
Cumulative Contribution11.0%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2025 to 5/6/2026
ReturnCorrelation
SSTK11.0% 
Market (SPY)30.4%38.2%
Sector (XLC)24.5%41.3%

Fundamental Drivers

The -71.7% change in SSTK stock from 4/30/2023 to 5/6/2026 was primarily driven by a -75.0% change in the company's P/S Multiple.
(LTM values as of)43020235062026Change
Stock Price ($)58.3316.49-71.7%
Change Contribution By: 
Total Revenues ($ Mil)84494612.1%
P/S Multiple2.50.6-75.0%
Shares Outstanding (Mil)36360.9%
Cumulative Contribution-71.7%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2023 to 5/6/2026
ReturnCorrelation
SSTK-71.7% 
Market (SPY)78.7%42.6%
Sector (XLC)102.4%39.6%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
SSTK Return56%-52%-6%-35%-33%-13%-73%
Peers Return21%-21%27%-5%-16%-17%-20%
S&P 500 Return27%-19%24%23%16%6%93%

Monthly Win Rates [3]
SSTK Win Rate58%17%42%17%50%60% 
Peers Win Rate65%42%60%48%43%48% 
S&P 500 Win Rate75%42%67%75%67%60% 

Max Drawdowns [4]
SSTK Max Drawdown-9%-58%-35%-38%-51%-21% 
Peers Max Drawdown-7%-35%-16%-25%-27%-29% 
S&P 500 Max Drawdown-1%-25%-1%-2%-15%-7% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: GETY, ADBE, NTAP, BOX, DBX. See SSTK Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/6/2026 (YTD)

How Low Can It Go

EventSSTKS&P 500
2025 US Tariff Shock
  % Loss-45.2%-18.8%
  % Gain to Breakeven82.3%23.1%
  Time to Breakeven190 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-34.4%-9.5%
  % Gain to Breakeven52.4%10.5%
  Time to Breakeven132 days24 days
2020 COVID-19 Crash
  % Loss-28.7%-33.7%
  % Gain to Breakeven40.2%50.9%
  Time to Breakeven114 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-36.5%-19.2%
  % Gain to Breakeven57.6%23.7%
  Time to Breakeven582 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-37.6%-3.7%
  % Gain to Breakeven60.2%3.9%
  Time to Breakeven1302 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-21.5%-12.2%
  % Gain to Breakeven27.4%13.9%
  Time to Breakeven15 days62 days

Compare to GETY, ADBE, NTAP, BOX, DBX

In The Past

Shutterstock's stock fell -45.2% during the 2025 US Tariff Shock. Such a loss loss requires a 82.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

EventSSTKS&P 500
2025 US Tariff Shock
  % Loss-45.2%-18.8%
  % Gain to Breakeven82.3%23.1%
  Time to Breakeven190 days79 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-34.4%-9.5%
  % Gain to Breakeven52.4%10.5%
  Time to Breakeven132 days24 days
2020 COVID-19 Crash
  % Loss-28.7%-33.7%
  % Gain to Breakeven40.2%50.9%
  Time to Breakeven114 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-36.5%-19.2%
  % Gain to Breakeven57.6%23.7%
  Time to Breakeven582 days105 days
2016-2017 Trump Reflation Bond Selloff
  % Loss-37.6%-3.7%
  % Gain to Breakeven60.2%3.9%
  Time to Breakeven1302 days6 days
2015-2016 China Devaluation / Global Growth Scare
  % Loss-21.5%-12.2%
  % Gain to Breakeven27.4%13.9%
  Time to Breakeven15 days62 days
2014-2016 Oil Price Collapse
  % Loss-63.1%-6.8%
  % Gain to Breakeven171.3%7.3%
  Time to Breakeven1722 days15 days

Compare to GETY, ADBE, NTAP, BOX, DBX

In The Past

Shutterstock's stock fell -45.2% during the 2025 US Tariff Shock. Such a loss loss requires a 82.3% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Shutterstock (SSTK)

Shutterstock, Inc., a technology company, provides quality content, and creative workflow solutions in North America, Europe, and internationally. It offers image services consisting of photographs, vectors, and illustrations, which is used in visual communications, such as websites, digital and print marketing materials, corporate communications, books, publications, and others; footage services, including video clips, filmed by industry experts and cinema grade video effects, and HD and 4K formats that are integrated into Websites, social media, marketing campaigns, and cinematic productions; and music services comprising music tracks and sound effects, which are used to complement images and footage. The company provides its services under the Shutterstock, Bigstock, Offset, TurboSquid,PremiumBeat brand names, as well as Application programming interface to enhance workflow and project management needs, and search capabilities. It serves corporate professionals and organizations, media and broadcast companies, and small and medium-sized businesses, and individual creators. The company was founded in 2003 and is headquartered in New York, New York.

AI Analysis | Feedback

Shutterstock is like an Amazon for digital photos, videos, and music used in creative projects.

Shutterstock is like the App Store, but for licensing creative media assets such as images, videos, and music.

AI Analysis | Feedback

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  • Image Services: Shutterstock offers a vast library of photographs, vectors, and illustrations for various visual communication needs.
  • Footage Services: The company provides video clips, including HD and 4K formats, and cinema-grade video effects for diverse media productions.
  • Music Services: Shutterstock delivers music tracks and sound effects designed to complement visual content in various projects.
  • API Services: An Application Programming Interface is offered to enhance creative workflow, project management, and search capabilities for clients.
```

AI Analysis | Feedback

Shutterstock (SSTK) serves a diverse customer base, encompassing both businesses and individual creators. Based on the provided information, its major customers can be categorized as:

  • Businesses and Organizations: This broad category includes corporate professionals, various organizations, and small to medium-sized businesses that utilize Shutterstock's content for visual communications, marketing materials, corporate communications, and other business needs.
  • Media and Broadcast Companies: These companies leverage Shutterstock's image, footage, and music services for their productions, campaigns, and content requirements.
  • Individual Creators: Shutterstock also caters to individual artists, designers, marketers, and other creators who require quality content for their personal projects, websites, or creative endeavors.

AI Analysis | Feedback

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AI Analysis | Feedback

The management team members for Shutterstock (SSTK) are as follows:

Paul Hennessy, Chief Executive Officer

Paul Hennessy was appointed CEO of Shutterstock in May 2022 and has also been a member of Shutterstock's Board of Directors since 2015. Prior to his role at Shutterstock, he held leadership positions at companies such as Vroom.com, Priceline.com, and Booking.com.

Rik Powell, Chief Financial Officer

Rik Powell was appointed Chief Financial Officer of Shutterstock in November 2024. He joined Shutterstock in June 2024 as the Senior Vice President, Finance and Investor Relations. Powell possesses a strong financial background, including previous experience at Getty Images, a key competitor in the industry.

Jonathan Oringer, Founder and Executive Chairman

Jonathan Oringer founded Shutterstock in 2003, initially using thousands of his own digital photographs. A serial entrepreneur, he identified the demand for affordable, licensable images and established the first global subscription image marketplace. Before Shutterstock, he founded and served as CEO of SurfSecret Software, a privacy and security software company, for five years (January 1998 – January 2003). He also co-founded Pareto Holdings. Oringer served as CEO of Shutterstock until March 2020 before transitioning to Executive Chairman. He holds an M.S. in Computer Science from Columbia University and a B.S. in Computer Science and Mathematics from The State University of New York at Stony Brook.

Jason McClelland, Chief Marketing Officer

Jason McClelland joined Shutterstock in April 2022 and is responsible for developing an integrated global marketing strategy for the company. His prior experience includes serving as CMO of Heroku, a Salesforce company, where he contributed to the development of their Product-Led Growth and eCommerce-to-Enterprise selling motion. McClelland also spent a significant portion of his career at Adobe, playing a crucial role in the creation of Adobe's Marketing Cloud and the Creative Cloud SaaS transformation. Additionally, he held the position of CMO at Algolia.

Jamie Elden, Chief Revenue Officer

Jamie Elden oversees Shutterstock's Global Revenue, Production, and Studio operations, having joined the company as Chief Revenue Officer in March 2020. He has a track record of leading sales revenues for two public companies across various media platforms including TV, digital, social, OTT, and original programming. Elden previously served as the Chief Revenue Officer and Head of Programming for Media General/Nexstar (NYSE: MEG) and was the Senior Vice President of Digital & Branded Entertainment for Alloy Entertainment (NYSE: ALOY).

AI Analysis | Feedback

The key risks to Shutterstock's business include the disruptive impact of generative artificial intelligence, uncertainties surrounding its proposed merger with Getty Images, and intense competition coupled with slowing organic growth.

1. Generative Artificial Intelligence Disruption

Generative AI poses a significant threat to Shutterstock's core business model, which relies on licensing photographs, vectors, illustrations, video clips, and music. AI-powered tools can create images, videos, and music rapidly and at a lower cost, potentially commoditizing Shutterstock's offerings and reducing demand for traditional stock media. While Shutterstock is actively investing in and integrating generative AI into its platform, aiming to transform this threat into an opportunity, the long-term impact on its revenue streams and market position remains uncertain. The shift to AI-generated content could lead to a decrease in the value of human-created stock media and change how customers acquire visual and audio content.

2. Uncertainty and Challenges Related to the Proposed Merger with Getty Images

Shutterstock's proposed merger with Getty Images introduces substantial risks due to ongoing regulatory scrutiny and potential integration difficulties. Regulators in both the UK (Competition and Markets Authority) and the US (Department of Justice) have expressed concerns regarding potential impacts on competition, particularly in the editorial content market. The inability to secure timely regulatory approvals or a complete block of the merger could negatively affect Shutterstock's business, financial condition, and operational results. Furthermore, even if the merger proceeds, the integration of two large companies presents challenges such as retaining key customers and personnel, and there is no guarantee that the anticipated cost savings and strategic benefits will be fully realized.

3. Intense Competition and Slowing Organic Growth

Shutterstock operates in a highly competitive digital content market characterized by relatively low barriers to entry. The company faces competition not only from major players like Adobe but also from numerous smaller platforms and even free stock content websites that can attract budget-conscious customers. Recent financial reports and analyst forecasts indicate signs of slowing growth, with declining average revenue per request and free cash flow margins. Analysts expect Shutterstock's revenue and earnings growth to decelerate in the coming years, suggesting demand headwinds for its products and services and potential challenges in sustaining historical growth rates.

AI Analysis | Feedback

Generative Artificial Intelligence (AI)

AI Analysis | Feedback

The addressable markets for Shutterstock's main products and services are sized globally, as follows:

  • Images: The global stock images market size is estimated to be approximately USD 7.26 billion in 2026.
  • Footage (Video): The global stock video market size is estimated to be approximately USD 5.75 billion in 2026.
  • Music: The global music production system market size is estimated to be approximately USD 7.61 billion in 2026.
  • 3D Models/Assets (via TurboSquid): The global 3D digital asset market is projected to be approximately USD 36.72 billion in 2026.

AI Analysis | Feedback

Shutterstock (SSTK) is focusing on several key areas to drive future revenue growth over the next two to three years, despite some reported challenges in its traditional content business. These growth drivers are largely centered around artificial intelligence, data licensing, and strategic market expansion.

  1. Growth in Data, Distribution, and Services (DDS) and AI Licensing: Shutterstock has identified its Data, Distribution, and Services segment as a significant driver of revenue growth. This segment experienced double-digit growth, specifically 16%, in 2025. The company plans to continue investing in DDS by offering specialized AI services, including data creation and enrichment, and licensing its content for AI model training. This capitalizes on the increasing demand for high-quality data sets in the rapidly evolving artificial intelligence landscape.

  2. Expansion of Enterprise Solutions: The enterprise channel has shown strong growth, driven primarily by data revenues. Shutterstock provides tailored solutions for large enterprises and creative teams through its Premier Platform, offering advanced licensing options, unlimited user access, custom search, and specialized services to simplify creative workflows and manage extensive content needs. This focus on larger organizational clients represents a strategic avenue for increasing revenue.

  3. Integration and Monetization of Generative AI Capabilities: Shutterstock is actively embracing generative AI, integrating AI-generated content into its offerings and developing AI image generators. The company has established relationships with AI developers like OpenAI (DALL-E), NVIDIA, LG AI Research, and Meta, and compensates artists for their work used in training generative models. This strategic pivot towards artificial intelligence is expected to contribute to future revenue, with emerging growth businesses like generative AI capabilities projected to contribute significantly to total revenues by 2027.

  4. Contributions from Strategic Acquisitions: Recent strategic acquisitions are anticipated to bolster revenue. For example, the full-year inclusion of Envato (acquired in mid-2024) significantly contributed to content revenue growth in 2025. Additionally, the Giphy platform is highlighted as an emerging growth business with potential for significant future contributions. These acquisitions expand Shutterstock's content offerings and market reach.

AI Analysis | Feedback

Share Repurchases
  • On June 7, 2023, Shutterstock's Board of Directors authorized a stock repurchase program for up to $100 million of its common stock.
  • In 2024, Shutterstock repurchased approximately 1.1 million shares at an average cost of $37.42 per share, with $30.2 million remaining under the authorization for future repurchases.
  • The company used $41.6 million for common stock repurchases in 2024 and approximately $21.0 million in the third quarter of 2024.
Share Issuance
  • Shutterstock's shares outstanding were 35.48 million as of March 2026 and at the end of 2025, representing a 1.77% increase from 2024.
  • The number of shares outstanding at the end of 2024 was 34.86 million, a decrease of 2.33% from 2023.
  • Cash paid in settlement of tax withholding obligations related to employee stock-based compensation awards amounted to $12.2 million in 2024, $3.5 million in Q1 2025, $1.5 million in Q2 2025, and $4.1 million in Q3 2025.
Outbound Investments
  • Shutterstock acquired Envato in May 2024 for an aggregate consideration of $250 million, which contributed to revenue growth in 2025.
  • In February 2024, Shutterstock acquired Backgrid, expanding its editorial offerings.
  • The company acquired Giphy for $53 million in May 2023, expanding its reach into social media and communication platforms.
Capital Expenditures
  • Capital expenditures for the full year 2025 were $42.9 million, primarily for internal-use software and website development costs, and purchases of software and equipment.
  • For the full year 2024, capital expenditures totaled $47.2 million for internal-use software and website development costs, and $4.0 million to acquire digital content distribution rights.
  • Capital expenditures are primarily focused on necessary capital investments in internal-use software and website development, as well as AI and machine learning to enhance search capabilities and content recommendations.

Better Bets vs. Shutterstock (SSTK)

Trade Ideas

Select ideas related to SSTK.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
CMCSA_4242026_Dip_Buyer_FCFYield04242026CMCSAComcastDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-1.9%-1.9%-2.9%
TTD_4022026_Dip_Buyer_High_CFO_Margins_ExInd_DE04022026TTDTrade DeskDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
7.0%7.0%-8.9%
DBX_3272026_Dip_Buyer_FCFYield03272026DBXDropboxDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
9.7%9.7%-0.4%
META_3272026_Dip_Buyer_ValueBuy03272026METAMeta PlatformsDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
16.4%16.4%0.0%
CARG_3062026_Insider_Buying_GTE_1Mil_EBITp+DE_V203062026CARGCarGurusInsiderInsider Buys | Low D/EStrong Insider Buying
Companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
8.3%8.3%-8.3%
SSTK_9302023_Dip_Buyer_High_CFO_Margins_ExInd_DE09302023SSTKShutterstockDip BuyDB | CFO/Rev | Low D/EDip Buy with High Cash Flow Margins
Buying dips for companies with significant cash flows from operations and reasonable debt / market cap
21.9%-3.9%-12.1%
SSTK_4302022_Dip_Buyer_FCFYield04302022SSTKShutterstockDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-31.3%-10.0%-39.0%

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

SSTKGETYADBENTAPBOXDBXMedian
NameShutters.Getty Im.Adobe NetApp Box Dropbox  
Mkt Price16.490.80250.17111.7424.2424.6924.46
Mkt Cap0.60.3102.622.13.56.24.8
Rev LTM94698124,4536,7091,1772,5211,849
Op Inc LTM341848,9611,55883688436
FCF LTM109610,3171,609315930623
FCF 3Y Avg46478,6651,344305854579
CFO LTM1596510,5071,792356952654
CFO 3Y Avg971058,8851,514336877606

Growth & Margins

SSTKGETYADBENTAPBOXDBXMedian
NameShutters.Getty Im.Adobe NetApp Box Dropbox  
Rev Chg LTM-1.8%4.5%11.0%3.1%8.0%-1.1%3.8%
Rev Chg 3Y Avg4.0%2.0%10.8%1.3%5.9%2.8%3.4%
Rev Chg Q-17.9%14.1%12.0%4.4%9.4%-1.1%6.9%
QoQ Delta Rev Chg LTM-4.4%3.7%2.9%1.1%2.3%-0.3%1.7%
Op Inc Chg LTM-45.5%-8.4%12.1%11.4%4.5%41.4%8.0%
Op Inc Chg 3Y Avg-23.2%-2.8%13.7%11.1%33.0%25.3%12.4%
Op Mgn LTM3.6%18.8%36.6%23.2%7.1%27.3%21.0%
Op Mgn 3Y Avg5.1%20.1%36.0%21.5%6.4%20.6%20.3%
QoQ Delta Op Mgn LTM-4.0%1.3%0.0%0.6%1.0%2.9%0.8%
CFO/Rev LTM16.8%6.6%43.0%26.7%30.3%37.8%28.5%
CFO/Rev 3Y Avg10.4%11.2%39.8%23.3%30.5%34.7%26.9%
FCF/Rev LTM11.6%0.6%42.2%24.0%26.8%36.9%25.4%
FCF/Rev 3Y Avg4.9%5.1%38.8%20.7%27.7%33.8%24.2%

Valuation

SSTKGETYADBENTAPBOXDBXMedian
NameShutters.Getty Im.Adobe NetApp Box Dropbox  
Mkt Cap0.60.3102.622.13.56.24.8
P/S0.60.34.23.32.92.42.7
P/Op Inc17.31.811.414.241.79.012.8
P/EBIT16.1-54.311.113.931.78.912.5
P/E-28.2-1.614.218.330.112.113.2
P/CFO3.75.19.812.39.76.58.1
Total Yield4.6%-61.9%7.0%7.4%3.3%8.2%5.8%
Dividend Yield8.2%0.0%0.0%1.9%0.0%0.0%0.0%
FCF Yield 3Y Avg6.8%3.8%6.2%6.4%7.4%10.2%6.6%
D/E0.56.00.10.10.20.60.3
Net D/E0.25.7-0.0-0.00.00.40.1

Returns

SSTKGETYADBENTAPBOXDBXMedian
NameShutters.Getty Im.Adobe NetApp Box Dropbox  
1M Rtn-2.8%-2.2%2.4%10.7%0.3%4.0%1.3%
3M Rtn-11.8%-32.4%-10.6%11.7%-2.0%-1.7%-6.3%
6M Rtn-25.2%-53.9%-25.4%-2.4%-22.7%-15.2%-24.0%
12M Rtn1.0%-57.8%-34.7%23.5%-21.3%-14.3%-17.8%
3Y Rtn-63.3%-86.5%-28.2%86.2%-8.8%15.9%-18.5%
1M Excs Rtn-13.6%-13.9%-7.1%3.2%-10.4%-6.7%-8.7%
3M Excs Rtn-18.8%-39.4%-17.6%4.7%-9.0%-8.7%-13.3%
6M Excs Rtn-31.8%-66.8%-33.4%-11.0%-32.3%-24.4%-32.0%
12M Excs Rtn-29.2%-89.6%-64.7%-8.0%-52.6%-45.2%-48.9%
3Y Excs Rtn-148.5%-164.5%-109.8%10.0%-84.6%-55.4%-97.2%

Comparison Analyses

Financials

Segment Financials

Revenue by Segment
$ Mil20252024202320222021
Content760737789  
Data, Distribution, and Services17513739  
Single Segment   773667
Total935875828773667


Price Behavior

Price Behavior
Market Price$16.49 
Market Cap ($ Bil)0.6 
First Trading Date10/11/2012 
Distance from 52W High-35.2% 
   50 Days200 Days
DMA Price$16.85$18.99
DMA Trendindeterminatedown
Distance from DMA-2.1%-13.2%
 3M1YR
Volatility47.0%49.7%
Downside Capture0.580.85
Upside Capture28.69115.97
Correlation (SPY)22.7%38.2%
SSTK Betas & Captures as of 4/30/2026

 1M2M3M6M1Y3Y
Beta0.910.550.821.251.531.40
Up Beta0.460.381.381.721.931.50
Down Beta-5.690.131.081.361.671.19
Up Capture75%78%29%50%120%103%
Bmk +ve Days15223166141428
Stock +ve Days11223360123352
Down Capture220%58%75%135%127%111%
Bmk -ve Days4183056108321
Stock -ve Days11213165129400

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SSTK
SSTK1.1%49.6%0.18-
Sector ETF (XLC)21.8%13.2%1.2341.1%
Equity (SPY)28.5%12.5%1.7838.5%
Gold (GLD)40.6%27.2%1.23-9.1%
Commodities (DBC)50.9%18.0%2.20-4.4%
Real Estate (VNQ)12.8%13.5%0.6525.2%
Bitcoin (BTCUSD)-14.2%42.1%-0.2522.5%

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Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SSTK
SSTK-26.4%47.1%-0.49-
Sector ETF (XLC)9.3%20.7%0.3646.7%
Equity (SPY)12.7%17.1%0.5848.3%
Gold (GLD)21.0%17.9%0.965.7%
Commodities (DBC)13.9%19.1%0.609.9%
Real Estate (VNQ)3.5%18.8%0.0940.4%
Bitcoin (BTCUSD)8.7%56.1%0.3722.7%

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Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with SSTK
SSTK-6.6%44.7%0.01-
Sector ETF (XLC)9.7%22.3%0.5143.4%
Equity (SPY)14.9%17.9%0.7142.1%
Gold (GLD)13.7%16.0%0.714.2%
Commodities (DBC)9.5%17.7%0.4512.7%
Real Estate (VNQ)5.7%20.7%0.2431.2%
Bitcoin (BTCUSD)68.4%66.9%1.0715.7%

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Short Interest

Short Interest: As Of Date4152026
Short Interest: Shares Quantity1.8 Mil
Short Interest: % Change Since 331202631.5%
Average Daily Volume0.2 Mil
Days-to-Cover Short Interest7.4 days
Basic Shares Quantity35.5 Mil
Short % of Basic Shares5.0%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
4/28/2026-2.0%-8.5% 
2/17/2026-11.9%-10.1%-0.1%
11/5/20255.5%2.8%-10.9%
7/29/20252.7%1.3%5.5%
5/2/20252.0%14.2%9.7%
10/29/202411.3%10.2%6.3%
8/6/2024-3.3%-7.7%-8.8%
5/2/2024-1.6%-8.9%-3.5%
...
SUMMARY STATS   
# Positive121310
# Negative111012
Median Positive8.0%9.2%9.3%
Median Negative-5.3%-8.1%-8.4%
Max Positive23.6%37.8%33.9%
Max Negative-11.9%-15.0%-28.3%

SEC Filings

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Report DateFiling DateFiling
03/31/202604/28/202610-Q
12/31/202502/17/202610-K
09/30/202511/05/202510-Q
06/30/202507/29/202510-Q
03/31/202505/02/202510-Q
12/31/202402/25/202510-K
09/30/202410/29/202410-Q
06/30/202408/06/202410-Q
03/31/202405/02/202410-Q
12/31/202302/26/202410-K
09/30/202310/31/202310-Q
06/30/202308/01/202310-Q
03/31/202304/25/202310-Q
12/31/202202/14/202310-K
09/30/202210/25/202210-Q
06/30/202207/26/202210-Q