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Shutterstock (SSTK) operating margin by quarter

Shutterstock's operating margin was 12.5% in Q3 2025 (third quarter 2025), -0.5 pts from Q2 2025. Over the last 3 quarters it ranged from 4.2% (Q1 2025) to 13.0% (Q2 2025).

Shutterstock operating margin by quarterShutterstock operating margin by quarter4.2%Q1 202513.0%Q2 202512.5%Q3 2025
QuarterOperating marginQ/QY/Y
Q3 202512.5%-0.5 pts—
Q2 202513.0%+8.8 pts—
Q1 20254.2%——

Q3 2025 at a glance

Shutterstock, Q3 2025: revenue $260M (+4% year over year), operating margin 12.5%, net earnings $13.4M, operating cash flow $78.4M. The chart follows the revenue to costs, profit and cash.

Questions

What is Shutterstock's operating margin?

Shutterstock's operating margin was 12.5% in Q3 2025 (third quarter 2025), -0.5 pts from Q2 2025.

How has Shutterstock's operating margin changed?

Over the last 3 quarters it ranged from 4.2% (Q1 2025) to 13.0% (Q2 2025).

Q3 2025 results → · How Shutterstock makes money →