Quick Answer
Shutterstock, Inc. reported R&D Expense of $89.03 million for fiscal year 2025.
Shutterstock, Inc. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $89.03M | +0.7% |
| 2024 | $88.42M | -8.1% |
| 2023 | $96.16M | +47.0% |
| 2022 | $65.43M | +25.8% |
| 2021 | $52.01M | +13.0% |
| 2020 | $46.04M | -19.5% |
| 2019 | $57.22M | -2.9% |
| 2018 | $58.90M | +12.2% |
| 2017 | $52.49M | +9.8% |
| 2016 | $47.79M | +15.7% |
| 2015 | $41.32M | +7.9% |
| 2014 | $38.30M | +76.0% |
| 2013 | $21.76M | +33.3% |
| 2012 | $16.33M | +67.0% |
| 2011 | $9.78M | +113.0% |
| 2010 | $4.59M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $22.37M | -21.8% | +7.8% |
| June 30, 2025 | $20.75M | +4.5% | +4.5% |
| March 31, 2025 | $19.86M | -5.6% | -30.6% |
| September 30, 2024 | $28.61M | +1.8% | +44.1% |
| June 30, 2024 | $19.86M | -32.0% | -5.7% |
| March 31, 2024 | $21.05M | +36.6% | -25.1% |
| September 30, 2023 | $28.10M | +60.2% | -3.8% |
| June 30, 2023 | $29.22M | +70.2% | +89.7% |
- Shutterstock, Inc. showed an increase of +0.7% in R&D Expense compared to the prior fiscal year.
- Over the 2010–2025 period, Shutterstock, Inc.’s r&d expense has grown by 1839.3% (from $4.59 million to $89.03 million).
- The most recent figure is from Shutterstock, Inc.’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 17, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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