Shutterstock (NYSE:SSTK) reported full-year 2025 revenue of $989.9 million, up 6% from $935.3 million in 2024, marking a record high for the creative platform provider.
Adjusted EBITDA reached a record $271.8 million, representing a 27.5% margin and an increase of 10% year over year, driven primarily by the integration of Envato—acquired in July 2024 and contributing fully in 2025—along with robust growth in Data, Distribution & Services revenue streams.
Net income for the year climbed to $45.5 million, or $1.25 per diluted share, from $35.9 million, or $1.01 per share, in the prior year.
The improvement reflected higher profitability from acquired and expanded businesses, partially offset by $34.9 million in professional fees tied to the proposed merger with Getty Images.
Adjusted free cash flow expanded to $149.5 million, underscoring improved cash generation capabilities amid strategic investments in AI-driven tools and platform enhancements.
The fourth quarter presented a more challenging picture, with revenue declining 12% to $220.2 million from the year-ago period.