Shutterstock, Inc (SSTK) Balance Sheet
SSTK balance sheet, 2025
December 31, 2025 · U.S. dollars$1.36B assets = $774.9M liabilities + $581.0M equity
Both columns are drawn to the same scale: what SSTK owns equals what it owes plus shareholders’ equity. Hover a block for its value.
SSTK financial health
Descriptive bands, not a rating. Fiscal 2025.
SSTK balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $501.8M2016 | $1.36B2025 | +11.7%/yr | |
| Total liabilities | $215.1M2016 | $774.9M2025 | +15.3%/yr | |
| Shareholders’ equity | $286.7M2016 | $581.0M2025 | +8.2%/yr | |
| Cash & short-term investments | $279.2M2016 | $178.2M2025 | −4.9%/yr | |
| Total debt | $61.6M2016 | $317.6M2025 | +20.0%/yr | |
| Net cash (debt) | $217.6M2016 | −$139.3M2025 | −$356.9M | |
| Working capital | $136.3M2016 | −$289.8M2025 | −$426.1M | |
| Book value per share | $7.992016 | $16.022025 | +8.0%/yr | |
| Current ratio | 1.672016 | 0.542025 | −1.13 | |
| Debt / equity | 0.212016 | 0.552025 | +0.33 | |
| Shares outstanding | 35.9M2016 | 36.3M2025 | +0.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
SSTK assets
SSTK liabilities and equity
SSTK debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
SSTK balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $178.2M | $111.3M | $100.5M | $115.2M | $314.0M | $428.6M | $303.3M | $230.9M | $253.4M | $279.2M |
| Cash & equivalents | $178.2M | $111.3M | $100.5M | $115.2M | $314.0M | $428.6M | $303.3M | $230.9M | $253.4M | $224.2M |
| Short-term investments | — | — | — | — | — | — | — | — | $0 | $55.0M |
| Receivables | $112.6M | $95.2M | $91.1M | $67.2M | $47.7M | $43.8M | $47.0M | $41.0M | $49.9M | $38.1M |
| Inventory | $0 | $0 | $1 | $0 | $1 | $1 | $1 | $0 | $1 | $0 |
| Other current assets | $47.8M | $49.5M | $100.9M | $33.3M | $26.5M | $16.6M | $26.7M | $34.8M | $37.1M | $22.6M |
| Total current assets | $338.6M | $256.0M | $292.6M | $215.7M | $388.2M | $489.1M | $377.0M | $306.7M | $340.5M | $339.8M |
| Property, plant & equipment (net) | $72.3M | $80.4M | $79.7M | $72.1M | $82.6M | $90.5M | $104.3M | $76.2M | $85.7M | $56.1M |
| Goodwill & intangible assets | $790.3M | $818.1M | $567.7M | $555.0M | $343.6M | $115.2M | $115.6M | $118.1M | $132.9M | $79.4M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $15.0M | $6.0M | $0 |
| Other non-current assets | $154.7M | $154.7M | $96.0M | $38.4M | $37.2M | $34.9M | $33.6M | $15.5M | $12.8M | $26.4M |
| Total assets | $1.36B | $1.31B | $1.04B | $881.2M | $851.7M | $729.6M | $630.5M | $531.5M | $577.8M | $501.8M |
| Liabilities | ||||||||||
| Accounts payable | $13.9M | $9.2M | $9.1M | $7.2M | $10.1M | $2.4M | $6.1M | $7.2M | $7.2M | $7.3M |
| Short-term debt | $166.4M | $167.8M | $30.0M | $50.0M | $8.4M | $9.1M | $79.1M | $74.4M | $78.8M | $61.6M |
| Deferred revenue | $213.0M | $225.5M | $203.5M | $187.1M | $181.0M | $149.8M | $141.9M | $139.6M | $157.8M | $122.2M |
| Total current liabilities | $628.4M | $625.3M | $452.4M | $383.7M | $333.8M | $256.9M | $245.9M | $223.3M | $245.7M | $203.5M |
| Long-term debt | $116.6M | $119.6M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Lease obligations | $17.2M | $23.4M | $29.4M | $35.6M | $37.0M | $41.6M | $47.3M | — | — | — |
| Other long-term liabilities | $29.9M | $45.9M | $56.5M | $50.0M | $49.4M | $50.8M | $56.5M | $21.5M | $17.4M | $11.6M |
| Total liabilities | $774.9M | $790.8M | $508.9M | $433.7M | $383.2M | $307.7M | $302.4M | $244.8M | $263.2M | $215.1M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $410,000 | $403,000 | $399,000 | $396,000 | $392,000 | $389,000 | $381,000 | $376,000 | $373,000 | $369,000 |
| Retained earnings (deficit) | $335.2M | $336.2M | $342.7M | $271.1M | $229.5M | $168.3M | $121.2M | $101.1M | $145.1M | $129.1M |
| Treasury stock | — | — | — | −$200.0M | −$127.2M | −$100.0M | −$100.0M | −$100.0M | −$100.0M | −$77.6M |
| Accumulated other comprehensive income | −$4.8M | −$16.8M | −$12.0M | −$15.4M | −$10.8M | −$7.7M | −$6.2M | −$6.5M | −$3.6M | −$17.1M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $581.0M | $518.4M | $527.1M | $447.5M | $468.5M | $421.9M | $328.1M | $286.7M | $314.6M | $286.7M |
| Key figures | ||||||||||
| Total debt | $317.6M | $310.8M | $59.4M | $85.6M | $37.0M | $41.6M | $47.3M | $74.4M | $78.8M | $61.6M |
| Net cash (debt) | −$139.3M | −$199.5M | $41.1M | $29.5M | $277.1M | $387.0M | $255.9M | $156.5M | $174.6M | $217.6M |
| Working capital | −$289.8M | −$369.3M | −$159.8M | −$168.1M | $54.4M | $232.1M | $131.1M | $83.4M | $94.7M | $136.3M |
| Tangible book value | −$209.2M | −$299.8M | −$40.6M | −$107.5M | $124.8M | $306.7M | $212.5M | $168.6M | $181.7M | $207.3M |
| Book value per share | $16.02 | $14.54 | $14.54 | $12.24 | $12.55 | $11.60 | $9.22 | $8.09 | $8.91 | $7.99 |
| Shares outstanding | 36.3M | 35.7M | 36.2M | 36.5M | 37.3M | 36.4M | 35.6M | 35.4M | 35.3M | 35.9M |
| Current ratio | 0.54 | 0.41 | 0.65 | 0.56 | 1.16 | 1.90 | 1.53 | 1.37 | 1.39 | 1.67 |
| Quick ratio | 0.46 | 0.33 | 0.42 | 0.48 | 1.08 | 1.84 | 1.42 | 1.22 | 1.23 | 1.56 |
| Debt / equity | 0.55 | 0.60 | 0.11 | 0.19 | 0.08 | 0.10 | 0.14 | 0.26 | 0.25 | 0.21 |
| Equity / assets | 42.9% | 39.6% | 50.9% | 50.8% | 55.0% | 57.8% | 52.0% | 53.9% | 54.4% | 57.1% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $133.2M | $162.5M | $178.2M | $165.5M | $116.4M | $112.2M | $111.3M | $131.4M | $74.9M | $71.8M | $100.5M | $75.2M |
| Cash & equivalents | $133.2M | $162.5M | $178.2M | $165.5M | $116.4M | $112.2M | $111.3M | $131.4M | $74.9M | $71.8M | $100.5M | $75.2M |
| Receivables | $102.3M | $103.4M | $112.6M | $125.2M | $151.8M | $111.7M | $95.2M | $92.2M | $97.4M | $94.0M | $91.1M | $85.4M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $1 | $1 |
| Other current assets | $44.0M | $55.4M | $47.8M | $46.0M | $40.5M | $40.0M | $49.5M | $53.8M | $68.5M | $93.1M | $100.3M | $108.8M |
| Total current assets | $279.5M | $321.2M | $338.6M | $336.8M | $308.7M | $264.0M | $256.0M | $277.4M | $240.8M | $258.9M | $292.0M | $269.5M |
| Property, plant & equipment (net) | $69.5M | $71.0M | $72.3M | $74.5M | $76.2M | $78.5M | $80.4M | $83.4M | $78.5M | $79.9M | $79.7M | $78.2M |
| Goodwill & intangible assets | $592.1M | $778.0M | $790.3M | $801.7M | $813.3M | $810.7M | $818.1M | $853.1M | $567.3M | $577.7M | $567.7M | $576.0M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $151.2M | $140.9M | $154.7M | $162.6M | $178.3M | $171.0M | $154.7M | $135.0M | $117.3M | $112.0M | $96.6M | $92.3M |
| Total assets | $1.09B | $1.31B | $1.36B | $1.38B | $1.38B | $1.32B | $1.31B | $1.35B | $1.00B | $1.03B | $1.04B | $1.02B |
| Liabilities | ||||||||||||
| Accounts payable | $13.0M | $13.5M | $13.9M | $13.9M | $16.0M | $16.1M | $9.2M | $15.1M | $10.5M | $9.4M | $9.1M | $7.1M |
| Short-term debt | $158.1M | $158.1M | $166.4M | $158.1M | $158.1M | $158.1M | $167.8M | $158.8M | $30.0M | $30.0M | $39.1M | $30.0M |
| Deferred revenue | $198.4M | $208.7M | $213.0M | $211.6M | $226.7M | $226.2M | $225.5M | $226.4M | $186.5M | $198.0M | $203.5M | $203.1M |
| Total current liabilities | $586.8M | $629.1M | $628.4M | $631.0M | $634.3M | $615.2M | $625.3M | $663.4M | $432.3M | $433.0M | $452.4M | $424.3M |
| Long-term debt | $115.2M | $115.9M | $116.6M | $117.4M | $118.1M | $118.9M | $119.6M | $120.4M | $0 | $0 | $0 | $0 |
| Lease obligations | $13.5M | $15.3M | $17.2M | $19.1M | $20.8M | $21.7M | $23.4M | $24.7M | $26.4M | $28.7M | $29.4M | $31.5M |
| Other long-term liabilities | $26.7M | $34.1M | $29.9M | $32.9M | $37.9M | $43.0M | $45.9M | $42.2M | $51.1M | $54.3M | $56.5M | $59.7M |
| Total liabilities | $728.6M | $779.1M | $774.9M | $781.2M | $790.3M | $777.0M | $790.8M | $825.9M | $483.5M | $487.2M | $508.9M | $484.0M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $422,000 | $410,000 | $410,000 | $410,000 | $407,000 | $403,000 | $403,000 | $403,000 | $402,000 | $399,000 | $399,000 | $399,000 |
| Retained earnings (deficit) | $105.7M | $274.8M | $335.2M | $362.9M | $361.2M | $343.4M | $336.2M | $348.1M | $341.1M | $348.1M | $342.7M | $353.3M |
| Accumulated other comprehensive income | −$9.2M | −$6.3M | −$4.8M | −$4.9M | −$2.5M | −$12.5M | −$16.8M | −$9.5M | −$13.8M | −$13.4M | −$12.0M | −$15.6M |
| Total shareholders' equity | $363.7M | $532.1M | $581.0M | $594.4M | $586.2M | $547.2M | $518.4M | $522.9M | $520.4M | $541.3M | $527.1M | $532.0M |
| Key figures | ||||||||||||
| Total debt | $286.8M | $289.3M | $317.6M | $294.6M | $297.0M | $298.7M | $310.8M | $304.0M | $56.4M | $58.7M | $68.5M | $61.5M |
| Net cash (debt) | −$153.6M | −$126.8M | −$139.3M | −$129.1M | −$180.6M | −$186.4M | −$199.5M | −$172.6M | $18.4M | $13.1M | $32.0M | $13.8M |
| Working capital | −$307.3M | −$307.8M | −$289.8M | −$294.2M | −$325.6M | −$351.2M | −$369.3M | −$386.0M | −$191.5M | −$174.1M | −$160.4M | −$154.8M |
| Tangible book value | −$228.4M | −$246.0M | −$209.2M | −$207.3M | −$227.1M | −$263.5M | −$299.8M | −$330.1M | −$46.9M | −$36.4M | −$40.6M | −$44.0M |
| Book value per share | $9.91 | $14.97 | $15.65 | $16.22 | $16.30 | $15.49 | $14.54 | $14.74 | $14.46 | $15.01 | $14.76 | $14.74 |
| Shares outstanding | 36.7M | 35.5M | 37.1M | 36.6M | 36.0M | 35.3M | 35.7M | 35.5M | 36.0M | 36.1M | 35.7M | 36.1M |
| Current ratio | 0.48 | 0.51 | 0.54 | 0.53 | 0.49 | 0.43 | 0.41 | 0.42 | 0.56 | 0.60 | 0.65 | 0.64 |
| Quick ratio | 0.40 | 0.42 | 0.46 | 0.46 | 0.42 | 0.36 | 0.33 | 0.34 | 0.40 | 0.38 | 0.42 | 0.38 |
| Debt / equity | 0.79 | 0.54 | 0.55 | 0.50 | 0.51 | 0.55 | 0.60 | 0.58 | 0.11 | 0.11 | 0.13 | 0.12 |
| Equity / assets | 33.3% | 40.6% | 42.9% | 43.2% | 42.6% | 41.3% | 39.6% | 38.8% | 51.8% | 52.6% | 50.9% | 52.4% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 17, 2026); data from EODHD.
SSTK financial position
At the end of fiscal 2025 (December 31, 2025), Shutterstock had total assets of $1.4 billion (up 3.6% from a year earlier), total liabilities of $774.9 million and shareholders' equity of $581.0 million. It held $178.2 million in cash and short-term investments against $317.6 million of debt, net debt of $139.3 million. Its current ratio was 0.54. In the latest quarter (ended June 30, 2026) total assets were $1.1 billion and equity $363.7 million.
Related: SSTK income statement, SSTK cash flow statement, SSTK key metrics. See the SSTK stock overview for the latest quote and news.
SSTK balance sheet FAQ
What are Shutterstock's total assets?
Shutterstock reported total assets of $1.4 billion at the end of fiscal 2025 (December 31, 2025), compared with $1.3 billion a year earlier.
How much debt does Shutterstock have?
Shutterstock had $317.6 million of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.55.
How much cash does Shutterstock have?
Shutterstock held $178.2 million in cash and short-term investments at the end of fiscal 2025; with $317.6 million of debt that is net debt of $139.3 million.
What is Shutterstock's book value?
Shutterstock's shareholders' equity (book value) was $581.0 million at the end of fiscal 2025, or $16.02 per share.
What is Shutterstock's current ratio?
Shutterstock had current assets of $338.6 million and current liabilities of $628.4 million, a current ratio of 0.54 (current liabilities exceed current assets).
How much goodwill does Shutterstock have?
Shutterstock carried $790.3 million of goodwill and intangible assets, 58.3% of total assets, at the end of fiscal 2025.