Shutterstock, Inc.SSTKNYSE
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R&D Expenses Over TimeStrong
Percentile Rank93
3Y CAGR+10.8%
5Y CAGR+14.1%
Studio
Year-over-Year Change

Research and development spending

3Y CAGR
+10.8%/yr
vs +2.7%/yr prior
5Y CAGR
+14.1%/yr
Recent deceleration
Acceleration
+8.1pp
Accelerating
Percentile
P93
Near historical high
vs 5Y Ago
1.9x
Solid growth
Streak
1 yr
Consecutive growthStrong
PeriodValueYoY 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-