Shutterstock (SSTK) reported second-quarter 2026 revenue of $221.8 million, down 17% from $267.0 million a year earlier. The company posted a net loss of $155.9 million, compared with net income of $29.4 million in the second quarter of 2025.
The quarter included a $163.4 million non-cash, after-tax goodwill impairment charge. Shutterstock said it will no longer host the conference call originally scheduled for August 6, 2026, or issue guidance for the remainder of 2026 due to a pending strategic update.
- Revenue $221.8 million, compared with $267.0 million a year earlier.
- Net loss $155.9 million, compared with net income of $29.4 million.
- Diluted EPS Net loss per diluted common share was $4.25, compared with net income per diluted common share of $0.82.
- Content revenue $165.7 million, down 17% year over year and 75% of total revenue.
- Data, Distribution, and Services revenue $56.1 million, down 16% year over year and 25% of total revenue.
- Liquidity Cash and cash equivalents were $133.2 million at June 30, 2026.
- Cost actions The company cited more than $70 million of annualized run-rate operating expense reductions over the past 18 months and a target for an additional $60 million by year-end.
$SSTK Hedge Fund Activity
We have seen 73 institutional investors add shares of $SSTK stock to their portfolio, and 76 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CALLODINE CAPITAL MANAGEMENT, LP added 238,176 shares (+23.0%) to their portfolio in Q1 2026, for an estimated $3,956,103
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 164,650 shares (-75.3%) from their portfolio in Q1 2026, for an estimated $2,734,836
- GEODE CAPITAL MANAGEMENT, LLC added 136,939 shares (+23.2%) to their portfolio in Q1 2026, for an estimated $2,274,556
- INVENOMIC CAPITAL MANAGEMENT LP added 124,688 shares (+17.0%) to their portfolio in Q1 2026, for an estimated $2,071,067
- RENAISSANCE TECHNOLOGIES LLC removed 121,000 shares (-59.8%) from their portfolio in Q1 2026, for an estimated $2,009,810
- PRINCIPAL FINANCIAL GROUP INC removed 113,316 shares (-72.0%) from their portfolio in Q2 2026, for an estimated $1,580,758
- MANNING & NAPIER ADVISORS LLC added 100,000 shares (+inf%) to their portfolio in Q1 2026, for an estimated $1,661,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
