Filing Flows › Shutterstock (SSTK) › Q2 2026 › vs Q1 2026
Shutterstock (SSTK) Q2 2026 vs Q1 2026 (quarter over quarter)
Shutterstock's revenue rose $22.6M (+11%) from $199M in Q1 2026 to $222M in Q2 2026. The biggest changes: Data, Distribution, and Services +$35.1M (+167%); Content −$12.5M (-7%).
Shutterstock, Q2 2026: revenue $222M (-17% year over year), operating margin -70.0%, net loss $156M, operating cash flow $621K. The chart draws each line against Q1 2026, the increases inside each band.
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Content | $166M | $178M | −$12.5M | -7% |
| Data, Distribution, and Services | $56.1M | $21.0M | $35.1M | +167% |
| Revenue | $222M | $199M | $22.6M | +11% |
| Income tax benefit | $5.0M | $1.8M | $3.2M | +176% |
| Net loss | $156M | $47.6M | $108M | +228% |
| Costs & expenses | $383M | $249M | $134M | +54% |
| Operating costs | $377M | $230M | $147M | +64% |
| Interest & other, net | $5.7M | $18.4M | −$12.7M | -69% |
| Cost of revenue | $93.8M | $94.8M | −$1.0M | -1% |
| Research & development | $17.6M | $19.4M | −$1.8M | -9% |
| Sales & marketing | $48.0M | $48.3M | −$338K | -0.7% |
| General & admin | $43.9M | $67.6M | −$23.7M | -35% |
| Operating cash sources | $157M | $64.9M | $91.6M | +141% |
| Depreciation & amortization | $22.4M | $22.7M | −$288K | -1% |
| Share-based compensation | $12.5M | $13.4M | −$836K | -6% |
| Working capital & other | $122M | $28.9M | $92.7M | +321% |
| Net loss absorbed | $156M | $47.6M | $108M | +228% |
| Operating cash flow | $621K | $17.4M | −$16.7M | -96% |
| Capital expenditures | $10.1M | $11.6M | −$1.5M | -13% |
| Negative free cash flow (OCF − capex) | $9.5M | −$5.8M | $15.3M | — |
Questions
How much did Shutterstock's revenue grow quarter over quarter in Q2 2026?
Shutterstock's revenue rose $22.6M (+11%) from $199M in Q1 2026 to $222M in Q2 2026.
What drove Shutterstock's revenue change in Q2 2026?
Data, Distribution, and Services +$35.1M (+167%); Content −$12.5M (-7%).