Shutterstock
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Shutterstock's past years’ income statements indicate that its last revenue has increased compared to the previous period by 6% to $874,587,000. The net income raised on $110,269,000 and profit margin reached 13%. Total operating expenses were $453,557,000.
Profit Margin
| 2014 | 327.97M | 22.08M | 6.74% |
|---|---|---|---|
| 2015 | 425.14M | 19.55M | 4.6% |
| 2016 | 494.31M | 32.62M | 6.6% |
| 2017 | 557.11M | 16.72M | 3% |
| 2018 | 623.25M | 54.68M | 8.77% |
| 2019 | 650.52M | 20.10M | 3.09% |
| 2020 | 666.68M | 71.76M | 10.76% |
| 2021 | 773.41M | 91.88M | 11.88% |
| 2022 | 827.82M | 76.10M | 9.19% |
| 2023 | 874.58M | 110.26M | 12.61% |
SSTK Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 874.58M | 827.82M | 773.41M | 666.68M | 650.52M | 623.25M | 557.11M | 494.31M | 425.14M | 327.97M |
Cost of revenue | 352.63M | 314.30M | 277.65M | 259.57M | 278.17M | 267.67M | 233.10M | 203.12M | 174.52M | 130.02M |
Gross profit | 521.95M | 513.52M | 495.75M | 407.11M | 372.34M | 355.57M | 324.00M | 291.18M | 250.62M | 197.94M |
Operating exp. | ||||||||||
Research and development | 96.16M | 65.43M | 52.01M | 46.03M | 57.21M | 58.89M | 52.48M | 47.78M | 41.32M | 38.30M |
Selling and marketing | 214.74M | 203.15M | 204.87M | 159.24M | 181.73M | 166.44M | 146.46M | 126.62M | 106.63M | 82.12M |
Total operating expenses | 453.55M | 401.23M | 387.65M | 321.84M | 352.19M | 323.12M | 297.66M | 245.40M | 209.60M | 159.30M |
Operating income | 68.4M | 130.95M | 108.10M | 85.26M | -29.76M | 32.45M | 26.34M | 45.78M | 41.01M | 38.64M |
Other income (expenses), net | 54.06M | -39.91M | -3.37M | 4.25M | 54.67M | 33.66M | 3.73M | -1.28M | -6.74M | -466K |
Income before tax | 122.46M | 91.03M | 104.73M | 89.52M | 24.91M | 66.11M | 30.08M | 44.49M | 34.27M | 38.17M |
Income tax expense | 12.19M | 14.93M | 12.85M | 17.75M | 4.80M | 11.42M | 13.35M | 11.86M | 14.72M | 16.08M |
Net income | 110.26M | 76.10M | 91.88M | 71.76M | 20.10M | 54.68M | 16.72M | 32.62M | 19.55M | 22.08M |
Earnings per share | ||||||||||
Basic EPS | 3.07 | 2.11 | 2.52 | 2 | 0.57 | 1.57 | 0.48 | 0.93 | 0.54 | 0.63 |
Diluted EPS | 3.04 | 2.08 | 2.46 | 1.97 | 0.57 | 1.54 | 0.47 | 0.91 | 0.54 | 0.61 |
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