I'm LongbridgeAI, I can summarize articles.Shutterstock reported Q2 2026 revenue of $221.8M, down 17% YoY, with a net loss of $155.94M and diluted EPS of ($4.25). The decline was driven by weaker customer acquisition and contraction in Data, Distribution & Services. Subscriber count fell to 951K, though ARPC rose to $292. Higher costs from AI fees and hosting increased COGS and G&A. A $173.7M goodwill impairment resulted from the terminated merger with Getty Images.
Shutterstock, Inc. reported results for the 2026 quarter with revenue of $221.8M and a net loss of ($155.94M), or diluted EPS of ($4.25), versus revenue of $266.99M and net income of $29.44M, or EPS $0.82, in the prior-year quarter.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $221.8M | $266.99M | (16.9%) |
| Net income² | ($155.94M) | $29.44M | (629.7%) |
| Diluted EPS³ | ($4.25) | $0.82 | (618.3%) |
¹ Reported as “Revenue”. ² Reported as “Net (loss) / income”. ³ Reported as “Diluted earnings per share”.
Business Highlights
- Revenue declined 17% year-over-year, driven primarily by weaker new customer acquisition across channels.
- Content (images, footage, music, 3D) remained the majority of revenue while Data, Distribution & Services contracted faster.
- Subscriber count fell to about 951K while ARPC rose to $292, indicating a mix shift toward higher-value customers.
- Cost ratios increased with higher COGS and G&A from AI token fees, hosting and other non-revenue-linked expenses.
- Merger termination with Getty led to a $173.7M goodwill impairment and elevated legal and merger-related costs during the quarter.
Original SEC Filing: Shutterstock, Inc. [ SSTK ] - 10-Q - Aug. 07, 2026