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Communication Services - Internet Content & Information - NYSE - US
$ 30.55
-2.4 %
$ 1.07 B
Market Cap
29.95
P/E
INCOME STATEMENT
875 M REVENUE
5.65%
71.4 M OPERATING INCOME
-45.48%
110 M NET INCOME
44.89%
EFFICIENCY
Earnings Waterfall Shutterstock, Inc.
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Revenue 875 M
Cost Of Revenue 358 M
Gross Profit 517 M
Operating Expenses 446 M
Operating Income 71.4 M
Other Expenses -38.9 M
Net Income 110 M

Income Statement

Millions
Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017 Dec-2016 Dec-2015 Dec-2014 Dec-2013 Dec-2012 Dec-2011 Dec-2010 Dec-2009
REVENUE
Revenue 874.6 827.8 773.4 666.7 650.5 623.2 557.1 494.3 425.1 328.0 235.5 169.6 120.3 83.0 61.1
GROSS PROFIT
Cost Of Revenue 357.6 314.3 277.7 259.6 278.2 267.7 233.1 203.1 174.5 130.0 90.6 64.7 45.5 32.4 21.8
Gross Profit 517.0 513.5 495.8 407.1 372.3 355.6 324.0 291.2 250.6 197.9 144.9 104.9 74.8 50.6 39.3
OPERATING INCOME
Operating Expenses 445.6 401.2 387.6 321.8 352.2 323.1 297.7 245.4 209.6 159.3 101.6 83.1 51.9 30.8 19.5
Selling, General and Administrative Expenses 349.4 335.8 335.6 275.8 295.0 264.2 245.2 197.6 168.3 121.0 79.8 66.8 42.1 26.2 17.2
Research and Development Expenses 96.2 65.4 52.0 46.0 57.2 58.9 52.5 47.8 41.3 38.3 21.8 16.3 9.8 4.6 2.4
Operating Income 71.4 131.0 108.1 85.3 (29.8) 32.5 26.3 45.8 41.0 38.6 43.3 21.9 22.9 19.8 19.7
PRE-TAX INCOME
Interest Income Expense 1.9 1.3 67 K 0 0 0 0 0 0 0 0 0 0 0 0
Total Other Income 51.1 (2.6) (3.4) 4.3 4.8 33.7 3.7 (1.3) (6.7) (0.5) 52 K 47 K 10 K 19 K 5 K
Pre-Tax Income 122.5 91.0 104.7 89.5 24.9 66.1 30.1 44.5 34.3 38.2 43.4 21.8 22.9 19.8 19.8
NET INCOME
Tax Provision 12.2 14.9 12.9 17.8 4.8 11.4 13.4 11.9 14.7 16.1 16.9 (25.7) 1.0 0.9 0.9
Net Income 110.3 76.1 91.9 71.8 20.1 54.7 16.7 32.6 19.6 22.1 26.5 47.5 21.9 18.9 18.8
EPS 3.07 2.11 2.52 2 0.57 1.57 0.48 0.93 0.54 0.63 0.78 1.79 0.64 0.43 0.62