Shutterstock Q2 FY26 swings to net loss of USD 155.9 million; revenue drops 17% to USD 221.8 million

Reuters2026/08/04 22:30

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Shutterstock reports Q2 2026 revenue of USD 221.8 million, down 17% year over year.
Net results swing to a loss of USD 155.9 million; diluted loss per share was USD 4.25.
GAAP loss included a USD 163.4 million after-tax goodwill impairment charge tied to the terminated merger agreement.
Adjusted EBITDA falls 21% to USD 65.1 million; adjusted EBITDA margin slips 1.5 percentage points to 29.3%.
Interim CEO and CFO Rik Powell targets an additional USD 60 million in annualized run-rate operating expense cuts by year-end; conference call and 2026 guidance were scrapped.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shutterstock Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202608041830PR_NEWS_USPR_____NY19462) on August 04, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Shutterstock Q2 FY26 swings to net loss of USD 155.9 million; revenue drops 17% to USD 221.8 million

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