$SSTK
Shutterstock, Inc. Stock $sstk

$sstk Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000154934623000044 Filed on October 31, 2023

Income Statement

Concept	2023 Q4	2023 Q3
Revenue	$217.2M	$233.2M
YoY Change	-0.23%	14.28%
Cost Of Revenue	$95.83M	$94.22M
YoY Change	8.99%	17.9%
Gross Profit	$121.4M	$139.0M
YoY Change	-6.48%	11.95%
Gross Profit Margin	55.88%	59.61%
Selling, General & Admin	$94.42M	$93.74M
YoY Change	11.11%	20.23%
% of Gross Profit	77.78%	67.42%
Research & Development	$23.44M	$28.10M
YoY Change	36.98%	60.25%
% of Gross Profit	19.31%	20.21%
Depreciation & Amortization	$20.33M	$21.30M
YoY Change	9.08%	16.65%
% of Gross Profit	16.75%	15.32%
Operating Expenses	$119.3M	$121.8M
YoY Change	15.24%	27.58%
Operating Profit	$2.124M	$17.19M
YoY Change	-91.93%	-40.07%
Interest Expense	-$578.0K	$600.0K
YoY Change	-168.16%	-138.81%
% of Operating Profit	-27.21%	3.49%
Other Income/Expense, Net	-$64.00K	$557.0K
YoY Change	-557.14%	-136.03%
Pretax Income	$2.060M	$27.61M
YoY Change	-75.79%	1.75%
Income Tax	$3.066M	-$806.0K
% Of Pretax Income	148.83%	-2.92%
Net Earnings	-$1.006M	$28.42M
YoY Change	-114.28%	23.35%
Net Earnings / Revenue	-0.46%	12.18%
Basic Earnings Per Share		$0.79
Diluted Earnings Per Share	-$0.03	$0.79
COMMON SHARES
Basic Shares Outstanding	35.71M shares	36.08M shares
Diluted Shares Outstanding		36.08M shares

Balance Sheet

Concept	2023 Q4	2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$100.5M	$75.20M
YoY Change	-12.73%	-1.37%
Cash & Equivalents	$100.5M	$75.23M
Short-Term Investments
Other Short-Term Assets	$100.9M	$108.8M
YoY Change	203.43%	238.99%
Inventory
Prepaid Expenses
Receivables	$91.14M	$85.41M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$292.6M	$269.5M
YoY Change	35.66%	67.32%
LONG-TERM ASSETS
Property, Plant & Equipment	$64.30M	$61.93M
YoY Change	17.88%	12.31%
Goodwill	$383.3M	$382.2M
YoY Change	0.37%	0.7%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$71.15M	$72.80M
YoY Change	225.91%	177.56%
Total Long-Term Assets	$743.4M	$746.5M
YoY Change	11.71%	9.91%
TOTAL ASSETS
Total Short-Term Assets	$292.6M	$269.5M
Total Long-Term Assets	$743.4M	$746.5M
Total Assets	$1.036B	$1.016B
YoY Change	17.57%	20.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$9.108M	$7.147M
YoY Change	26.8%	10.51%
Accrued Expenses	$131.4M	$123.8M
YoY Change	47.05%	53.45%
Deferred Revenue	$203.5M	$203.1M
YoY Change	8.76%	16.47%
Short-Term Debt	$30.00M	$30.00M
YoY Change	-40.0%	-40.0%
Long-Term Debt Due	$30.00M	$30.00M
YoY Change	-40.0%	-40.0%
Total Short-Term Liabilities	$452.4M	$424.3M
YoY Change	17.89%	17.83%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$22.95M	$23.87M
YoY Change	132.0%	134.99%
Total Long-Term Liabilities	$22.95M	$23.87M
YoY Change	132.0%	134.99%
TOTAL LIABILITIES
Total Short-Term Liabilities	$452.4M	$424.3M
Total Long-Term Liabilities	$22.95M	$23.87M
Total Liabilities	$508.9M	$484.0M
YoY Change	17.34%	18.15%
SHAREHOLDERS EQUITY
Retained Earnings	$342.7M	$353.3M
YoY Change	26.42%	29.61%
Common Stock	$424.6M	$413.3M
YoY Change	8.36%	8.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$228.2M
YoY Change	14.1%
Treasury Stock Shares
Shareholders Equity	$527.1M	$532.0M
YoY Change
Total Liabilities & Shareholders Equity	$1.036B	$1.016B
YoY Change	17.57%	20.92%

Cashflow Statement

Concept	2023 Q4	2023 Q3
OPERATING ACTIVITIES
Net Income	-$1.006M	$28.42M
YoY Change	-114.28%	23.35%
Depreciation, Depletion And Amortization	$20.33M	$21.30M
YoY Change	9.08%	16.65%
Cash From Operating Activities	$33.95M	$10.00M
YoY Change	-44.49%	-73.49%
INVESTING ACTIVITIES
Capital Expenditures	$9.945M	$11.80M
YoY Change	-17.97%	-186.5%
Acquisitions
YoY Change
Other Investing Activities	$17.53M	$16.10M
YoY Change	-417.5%	-508.63%
Cash From Investing Activities	$7.584M	$4.200M
YoY Change	-142.98%	-123.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-19.50M	-25.30M
YoY Change	111.77%	1.69%
NET CHANGE
Cash From Operating Activities	33.95M	10.00M
Cash From Investing Activities	7.584M	4.200M
Cash From Financing Activities	-19.50M	-25.30M
Net Change In Cash	22.03M	-11.10M
YoY Change	-35.78%	133.83%
FREE CASH FLOW
Cash From Operating Activities	$33.95M	$10.00M
Capital Expenditures	$9.945M	$11.80M
Free Cash Flow	$24.01M	-$1.800M
YoY Change	-51.04%	-103.5%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	5541000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	97289000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	32922000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	211843000	usd
	sstk	Proceeds From Contingent Consideration ProceedsFromContingentConsideration	0	usd
	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	1667000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	619000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-70277000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-6880000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-237773000	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	76244000	usd
CY2022Q4	us-gaap	Equity Securities Without Readily Determinable Fair Value Amount EquitySecuritiesWithoutReadilyDeterminableFairValueAmount	20000000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	204096000	usd
CY2023Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	233248000	usd
CY2022Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	209096000	usd
CY2022Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	10904000	usd
CY2023Q3	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	12100000	usd
CY2022Q3	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	10900000	usd
CY2023Q3	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	8800000	usd
CY2022Q3	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	7600000	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	11700000	usd
	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent	-0.089
CY2023Q3	sstk	Effective Income Tax Rate Reconciliation Excluding Discrete Items Percent EffectiveIncomeTaxRateReconciliationExcludingDiscreteItemsPercent	0.120
	sstk	Effective Income Tax Rate Reconciliation Excluding Discrete Items Percent EffectiveIncomeTaxRateReconciliationExcludingDiscreteItemsPercent	0.165
	sstk	Effective Income Tax Rate Reconciliation Excluding Discrete Items Percent EffectiveIncomeTaxRateReconciliationExcludingDiscreteItemsPercent	0.188
CY2023Q3	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	2869000	usd
CY2023Q3	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	15004000	usd
CY2023Q3	us-gaap	Dividends Dividends	9636000	usd
CY2023Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-1457000	usd
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	28419000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	531963000	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	429093000	usd
CY2022Q3	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	9088000	usd
CY2022Q3	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	1242000	usd
CY2022Q3	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	938000	usd
CY2022Q3	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	16208000	usd
CY2022Q3	us-gaap	Dividends Dividends	8633000	usd
CY2022Q3	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-6101000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	23040000	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	430583000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	447482000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	36589000	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	2000	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	15209000	usd
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	19004000	usd
	us-gaap	Dividends Dividends	29023000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-149000	usd
	us-gaap	Net Income Loss NetIncomeLoss	111275000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	531963000	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	468482000	usd
	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	23958000	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	1810000	usd
	us-gaap	Adjustments Related To Tax Withholding For Share Based Compensation AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation	21976000	usd
	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	72812000	usd
	us-gaap	Dividends Dividends	26004000	usd
	us-gaap	Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent	-11932000	usd
	us-gaap	Net Income Loss NetIncomeLoss	69057000	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	430583000	usd
	us-gaap	Net Income Loss NetIncomeLoss	111275000	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	59373000	usd
	us-gaap	Deferred Income Tax Expense Benefit DeferredIncomeTaxExpenseBenefit	-20960000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	36589000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1394000	usd
	us-gaap	Business Combination Bargain Purchase Gain Recognized Amount BusinessCombinationBargainPurchaseGainRecognizedAmount	51804000	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	18641000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	42167000	usd
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	3157000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	3893000	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-32927000	usd
	us-gaap	Increase Decrease In Royalties Payable IncreaseDecreaseInRoyaltiesPayable	11281000	usd
	us-gaap	Increase Decrease In Royalties Payable IncreaseDecreaseInRoyaltiesPayable	5236000	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	16370000	usd
	us-gaap	Increase Decrease In Contract With Customer Liability IncreaseDecreaseInContractWithCustomerLiability	-3290000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	106603000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	34715000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	53721000	usd
	sstk	Proceeds From Contingent Consideration ProceedsFromContingentConsideration	34707000	usd
	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	0	usd
	us-gaap	Payments To Acquire Software PaymentsToAcquireSoftware	9725000	usd
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	1539000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-61915000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	19004000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	2000	usd
	us-gaap	Payments Related To Tax Withholding For Share Based Compensation PaymentsRelatedToTaxWithholdingForShareBasedCompensation	15209000	usd
	us-gaap	Payments Of Dividends PaymentsOfDividends	29023000	usd
	us-gaap	Proceeds From Long Term Lines Of Credit ProceedsFromLongTermLinesOfCredit	30000000	usd
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	50000000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	0	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	19476000	usd
	us-gaap	Interest Paid Net InterestPaidNet	474000	usd
	us-gaap	Use Of Estimates UseOfEstimates	Use of EstimatesThe preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the financial statements. Actual results could differ from those estimates. Such estimates include, but are not limited to, the determination of the allowance for doubtful accounts, the volume of expected unused licenses for our subscription-based products, the assessment of recoverability of property and equipment, the fair value of acquired goodwill and intangible assets, the amount of non-cash equity-based compensation, the assessment of recoverability of deferred tax assets, the measurement of income tax and contingent non-income tax liabilities and the determination of the incremental borrowing rate used to calculate the lease liability.
CY2023Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	22080000	usd
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1400000	usd
CY2023Q3	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	6000000	usd
CY2023Q3	us-gaap	Notes Receivable Net NotesReceivableNet	15100000	usd
CY2022Q4	sstk	Chargeback And Sales Refund Allowance ChargebackAndSalesRefundAllowance	400000	usd
CY2023Q3	sstk	Chargeback And Sales Refund Allowance ChargebackAndSalesRefundAllowance	400000	usd
CY2023Q3	us-gaap	Equity Securities Without Readily Determinable Fair Value Amount EquitySecuritiesWithoutReadilyDeterminableFairValueAmount	20000000	usd
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	233248000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	657368000	usd
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	667368000	usd
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	645383000	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	27613000	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	27139000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	120408000	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	82528000	usd
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	58685000	usd
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	76810000	usd
CY2023Q3	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	325032000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Gross PropertyPlantAndEquipmentGross	290030000	usd
CY2023Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	263103000	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	235482000	usd
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	61929000	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	54548000	usd
	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	33700000	usd
	us-gaap	Capitalized Computer Software Additions CapitalizedComputerSoftwareAdditions	31100000	usd
	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	25600000	usd
	us-gaap	Capitalized Computer Software Amortization1 CapitalizedComputerSoftwareAmortization1	21600000	usd
CY2023Q3	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	58200000	usd
CY2022Q4	us-gaap	Capitalized Computer Software Net CapitalizedComputerSoftwareNet	50100000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	381920000	usd
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	246000	usd
CY2023Q3	us-gaap	Goodwill Goodwill	382166000	usd
CY2022Q4	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	18075000	usd
CY2023Q3	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	123834000	usd
CY2022Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	89387000	usd
CY2023Q3	us-gaap	Severance Costs1 SeveranceCosts1	5000000	usd
CY2023Q3	sstk	Accrued Severance Costs Current AccruedSeveranceCostsCurrent	4900000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	16000000	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	19500000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	307641000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	113856000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	193785000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	254999000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	81912000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	173087000	usd
CY2022Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	9500000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	31700000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	24800000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear	11600000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	39900000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	29400000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	27200000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	18300000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	13100000	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	54300000	usd
CY2023Q3	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	72861000	usd
CY2022Q4	us-gaap	Employee Related Liabilities Current EmployeeRelatedLiabilitiesCurrent	40314000	usd
CY2023Q3	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	22479000	usd
CY2022Q4	us-gaap	Accrual For Taxes Other Than Income Taxes Current AccrualForTaxesOtherThanIncomeTaxesCurrent	24390000	usd
CY2023Q3	sstk	Accrued Website Hosting And Marketing Fees Current AccruedWebsiteHostingAndMarketingFeesCurrent	9922000	usd
CY2022Q4	sstk	Accrued Website Hosting And Marketing Fees Current AccruedWebsiteHostingAndMarketingFeesCurrent	6608000	usd
CY2023Q3	us-gaap	Other Accrued Liabilities Current OtherAccruedLiabilitiesCurrent	18572000	usd
CY2023Q3	us-gaap	Stock Issued During Period Shares Share Based Compensation Gross StockIssuedDuringPeriodSharesShareBasedCompensationGross	72000	shares
CY2022Q3	us-gaap	Stock Issued During Period Shares Share Based Compensation Gross StockIssuedDuringPeriodSharesShareBasedCompensationGross	103000	shares
CY2023Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.27
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.81
CY2023Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	9600000	usd
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	29000000	usd
CY2022Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.24
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.72
CY2022Q3	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	8600000	usd
	us-gaap	Dividends Common Stock Cash DividendsCommonStockCash	26000000	usd
CY2023Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	13003000	usd
CY2022Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	9088000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	36589000	usd
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	23958000	usd
CY2023Q3	sstk	Contract With Customer Number Of Primary Channels ContractWithCustomerNumberOfPrimaryChannels	2	channel
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	233248000	usd
CY2022Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	204096000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	657368000	usd
	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	610100000	usd
	us-gaap	Contract With Customer Liability Revenue Recognized ContractWithCustomerLiabilityRevenueRecognized	159600000	usd
CY2023Q3	us-gaap	Revenue Remaining Performance Obligation RevenueRemainingPerformanceObligation	58400000	usd
CY2023Q3	us-gaap	Revenue Remaining Performance Obligation Expected Timing Of Satisfaction Period1 RevenueRemainingPerformanceObligationExpectedTimingOfSatisfactionPeriod1	P5Y
CY2023Q3	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-775000	usd
CY2022Q3	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-1116000	usd
	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	887000	usd
	us-gaap	Foreign Currency Transaction Gain Loss Realized ForeignCurrencyTransactionGainLossRealized	-2877000	usd
CY2023Q3	us-gaap	Interest Expense Debt InterestExpenseDebt	562000	usd
CY2022Q3	us-gaap	Interest Expense Debt InterestExpenseDebt	439000	usd
	us-gaap	Interest Expense Debt InterestExpenseDebt	1286000	usd
	us-gaap	Interest Expense Debt InterestExpenseDebt	645000	usd
CY2023Q3	us-gaap	Interest And Other Income InterestAndOtherIncome	1894000	usd
CY2022Q3	us-gaap	Interest And Other Income InterestAndOtherIncome	9000	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	2727000	usd
	us-gaap	Interest And Other Income InterestAndOtherIncome	73000	usd
CY2023Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	557000	usd
CY2022Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-1546000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	2328000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-3449000	usd
CY2023Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	-0.029
CY2022Q3	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.151
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.076
	us-gaap	Effective Income Tax Rate Continuing Operations EffectiveIncomeTaxRateContinuingOperations	0.163
CY2023Q3	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent	-0.149
CY2022Q3	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent	-0.033
	us-gaap	Effective Income Tax Rate Reconciliation Share Based Compensation Excess Tax Benefit Percent EffectiveIncomeTaxRateReconciliationShareBasedCompensationExcessTaxBenefitPercent	-0.025
CY2022Q3	sstk	Effective Income Tax Rate Reconciliation Excluding Discrete Items Percent EffectiveIncomeTaxRateReconciliationExcludingDiscreteItemsPercent	0.184
CY2023Q3	us-gaap	Net Income Loss NetIncomeLoss	28419000	usd
CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	23040000	usd
	us-gaap	Net Income Loss NetIncomeLoss	111275000	usd
	us-gaap	Net Income Loss NetIncomeLoss	69057000	usd
CY2023Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35912000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35929000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	35938000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	36117000	shares
CY2023Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	70000	shares
CY2022Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	120000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	114000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	174000	shares
CY2023Q3	sstk	Incremental Common Shares Attributable To Unvested Restricted Stock Awards IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards	99000	shares
CY2022Q3	sstk	Incremental Common Shares Attributable To Unvested Restricted Stock Awards IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards	220000	shares
	sstk	Incremental Common Shares Attributable To Unvested Restricted Stock Awards IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards	300000	shares
	sstk	Incremental Common Shares Attributable To Unvested Restricted Stock Awards IncrementalCommonSharesAttributableToUnvestedRestrictedStockAwards	390000	shares
CY2023Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36081000	shares
CY2022Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36269000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36352000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	36681000	shares
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.79
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.64
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	3.10
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.91
CY2023Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.79
CY2022Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.64
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	3.06
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.88
CY2023Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	663000	shares
CY2022Q3	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1208000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1152000	shares
	us-gaap	Weighted Average Number Diluted Shares Outstanding Adjustment WeightedAverageNumberDilutedSharesOutstandingAdjustment	1150000	shares
CY2023Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	1342000	shares
CY2022Q3	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	549000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	857000	shares
	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	400000	shares
CY2023Q3	us-gaap	Revenue From Contract With Customer Excluding Assessed Tax RevenueFromContractWithCustomerExcludingAssessedTax	233248000	usd
CY2023Q3	us-gaap	Noncurrent Assets NoncurrentAssets	61929000	usd
CY2022Q4	us-gaap	Noncurrent Assets NoncurrentAssets	54548000	usd
CY2023Q3	us-gaap	Other Commitment OtherCommitment	76000000	usd
CY2023Q3	us-gaap	Other Commitments Future Minimum Payments Remainder Of Fiscal Year OtherCommitmentsFutureMinimumPaymentsRemainderOfFiscalYear	25200000	usd
CY2023Q3	us-gaap	Other Commitment Due In Next Twelve Months OtherCommitmentDueInNextTwelveMonths	36200000	usd
CY2023Q3	us-gaap	Other Commitment Due In Second Year OtherCommitmentDueInSecondYear	11700000	usd
CY2023Q3	us-gaap	Other Commitment Due In Third Year OtherCommitmentDueInThirdYear	2300000	usd
CY2023Q3	us-gaap	Other Commitment Due In Fourth Year OtherCommitmentDueInFourthYear	400000	usd
CY2023Q3	us-gaap	Other Commitment Due In Fifth Year OtherCommitmentDueInFifthYear	200000	usd
CY2023Q3	sstk	Maximum Indemnification Liability For Customer MaximumIndemnificationLiabilityForCustomer	250000	usd
CY2023Q3	ecd	Rule10b51 Arr Trmntd Flag Rule10b51ArrTrmntdFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Trmntd Flag NonRule10b51ArrTrmntdFlag	false
CY2023Q3	ecd	Non Rule10b51 Arr Adopted Flag NonRule10b51ArrAdoptedFlag	false

Files In Submission

Name	View Source	Status
0001549346-23-000044-index-headers.html	Edgar Link	pending
0001549346-23-000044-index.html	Edgar Link	pending
0001549346-23-000044.txt	Edgar Link	pending
0001549346-23-000044-xbrl.zip	Edgar Link	pending
a10-q_2023xq3exhibit311.htm	Edgar Link	pending
a10-q_2023xq3exhibit312.htm	Edgar Link	pending
a10-q_2023xq3exhibit32.htm	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
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R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
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R3.htm	Edgar Link	pending
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R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
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R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.htm	Edgar Link	pending
R51.htm	Edgar Link	pending
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R54.htm	Edgar Link	pending
R55.htm	Edgar Link	pending
R56.htm	Edgar Link	pending
R57.htm	Edgar Link	pending
R58.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
sstk-20230930.htm	Edgar Link	pending
sstk-20230930.xsd	Edgar Link	pending
sstk-20230930_lab.xml	Edgar Link	unprocessable
sstk-20230930_def.xml	Edgar Link	unprocessable
sstk-20230930_cal.xml	Edgar Link	unprocessable
sstk-20230930_pre.xml	Edgar Link	unprocessable
sstk-20230930_htm.xml	Edgar Link	completed

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2023 Q4 Form 10-Q Financial Statement

#000154934623000044 Filed on October 31, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SSTK Shutterstock, Inc. Stock $sstk

2023 Q4 Form 10-Q Financial Statement

#000154934623000044 Filed on October 31, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SSTK
Shutterstock, Inc. Stock $sstk