SHUTTERSTOCK, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2016 | 58.9% | 9.3% | 6.6% |
| FY2017 | 58.2% | 4.7% | 3.0% |
| FY2018 | 57.1% | 5.2% | 8.8% |
| FY2019 | 57.2% | 3.1% | 3.1% |
| FY2020 | 61.1% | 12.8% | 10.8% |
| FY2021 | 64.1% | 14.0% | 11.9% |
| FY2022 | 62.0% | 11.3% | 9.2% |
| FY2023 | 59.7% | 7.8% | 12.6% |
| FY2024 | 57.6% | 7.3% | 3.8% |
| FY2025 | 58.9% | 7.6% | 4.6% |