Shutterstock Inc. 2026年季度报告

PARTI. FINANCIAL INFORMATION Item 1.Financial Statements (Unaudited) Consolidated Balance SheetsConsolidated Statements of Operations PARTII. OTHER INFORMATION Item 1.Legal ProceedingsItem1A.Risk FactorsItem 2.Unregistered Sales of Equity Securities and Use of ProceedsItem 4.Mine Safety DisclosuresItem 5.Other InformationItem 6.ExhibitsSignatures FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933,as amended, or the Securities Act, and Section 21E of the Securities Exchange Act of 1934, as amended, or the Exchange Act, particularlyin the discussion under the caption “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Allstatements other than statements of historical fact are forward-looking. Examples of forward-looking statements include, but are not limitedto, statements regarding our proposed merger with Getty Images Holdings, Inc. (the “Merger”), guidance, industry prospects, futurebusiness, future results of operations or financial condition, future dividends, future stock performance, our ability to consummateacquisitions and integrate the businesses we have acquired or may acquire into our existing operations, new or planned features, productsor services, management strategies and our competitive position. You can identify many forward-looking statements by words such as“may,” “will,” “would,” “should,” “could,” “expects,” “aims,” “anticipates,” “believes,” “estimates,” “intends,” “plans,” “predicts,”“projects,” “seeks,” “potential,” “opportunities” and other similar expressions and the negatives of such expressions. However, not allforward-looking statements contain these words. Forward-looking statements are subject to known and unknown risks, uncertainties andother factors that could cause our actual results to differ materially from those expressed or implied by the forward-looking statements.Such risks and uncertainties include, among others, risks related to the proposed Merger; our ability to continue to attract and retaincustomers of, and contributors to, our creative platform; competition in our industry; the effectiveness and efficiency of our marketingefforts; our ability to innovate technologically or develop, market and offer new products and services, or enhance existing technology andproducts and services; costs related to litigation or infringement claims, indemnification claims and the inability to prevent misuse of ourcontent; our ability to increase market awareness of our brand and our existing and new products and services; pricing pressure, andincreased service, indemnification and working capital requirements; expansion of our operations into new products, services and Unless the context otherwise indicates, references in this Quarterly Report on Form10-Q to the terms “Shutterstock,” “theCompany,” “we,” “our” and “us” refer to Shutterstock,Inc. and its subsidiaries. “Shutterstock,” “Shutterstock Editorial,” “AssetAssurance,” “Offset,” “Bigstock,” “Rex Features,” “PremiumBeat,” “TurboSquid,” “PicMonkey,” “Pattern89,” “Shotzr,” “Pond5,”“Splash News,” “Giphy,” “Shutterstock Studios,” “Shutterstock Editor,” “Shutterstock.AI,” “Creative Flow,” “Backgrid,” “Envato,”“Envato Elements,” “Photodune,” “Tuts+,” “Themeforest,” “Codecanyon,” “Audiojungle,” “Graphicriver,” “Videohive,” “3DOcean,”“Mixkit,” and “Placeit” and their logos are registered trademarks and are the property of Shutterstock,Inc. or one of our subsidiaries. All Shutterstock,Inc.Consolidated Statements of Operations(In thousands, except for per share data) Shutterstock,Inc.Consolidated Statements of Stockholders’ Equity Shutterstock,Inc.Notes to Consolidated Financial Statements (1) Summary of Operations Summary of Operations Shutterstock, Inc. (the “Company” or “Shutterstock”) is a leading global creative platform connecting brands and businesses to high The Company’s platform brings together users and contributors of content by providing readily-searchable content that customers payto license and by compensating contributors as their content is licensed. Contributors upload their content to the Company’s web propertiesin exchange for royalty payments based on customer download activity. Beyond content, customers also leverage the Company’s platform Digital content licensed to customers for their creative needs includes images, footage, music, and 3D models (the Company’s“Content” offering). Content revenues represent the majority of the Company’s business and are supported by the Company’s searchable In addition, customers have needs that are beyond traditional content license products and services. These include (i) licenses tometadata associated with the Company’s images, footage, music tracks and 3D models through the Company’s data offering, (ii)distribution and advertising services from the Company’s Giphy business, which consists of GIFs (graphics interch