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Shutterstock (SSTK) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 7, 2026
Shutterstock (SSTK) reported revenue of $222M for the second quarter 2026 (Q2 2026), -17% from a year earlier and +11% from the quarter before. Operating margin was -70.0%, net loss $156M (70.3% of revenue).
Shutterstock, Q2 2026: revenue $222M (-17% year over year), operating margin -70.0%, net loss $156M, operating cash flow $621K. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $222M | +11% | -17% |
| Operating profit | −$155M | — | -547% |
| Net earnings | −$156M | — | -630% |
| Operating cash flow | $621K | -96% | -98% |
What changed
Revenue was $221.8M in Q2 2026, down 17% year over year and up 11% from the previous quarter. Content was the largest line at 75% of revenue. Content lost $34.1M year over year (down 17%), 76% of the total change.
Operating costs exceeded revenue by $155.2M, an operating margin of -70.0%. Total costs grew 62% against a revenue fall of 17%. The quarter ended with a net loss of $155.9M, wider than the previous quarter's $47.6M loss.
Operating cash flow was $621K (down 98% year over year). Non-cash charges added back $22.4M of depreciation and amortization and $12.5M of share-based compensation. Working capital and other items added $121.6M. Capital expenditures of $10.1M exceeded it, leaving free cash flow of −$9.5M.
Questions
What was Shutterstock's revenue in the second quarter 2026?
Shutterstock (SSTK) reported revenue of $222M for the second quarter 2026 (Q2 2026), -17% from a year earlier and +11% from the quarter before.
Was Shutterstock profitable in the second quarter 2026?
Operating loss was $155M (-70.0% of revenue) and net loss $156M.
Source: Shutterstock 10-Q on SEC EDGAR.