Quarterly ResultMay 11, 2026, 04:10 PM
Getty Images Q1 Revenue $226.6M, Net Loss Narrows to $4.4M
AI Summary
Getty Images Holdings, Inc. reported Q1 2026 financial results with revenue of $226.6 million, a 1.1% increase year-over-year, and a significantly narrowed net loss of $4.4 million compared to $102.6 million in Q1 2025. The company maintained its full-year 2026 revenue and adjusted EBITDA guidance. Additionally, Getty Images provided an update on its proposed merger with Shutterstock, which is undergoing a Phase 2 review by the UK CMA, and disclosed a $110.9 million payment for warrant litigation.
Key Highlights
- Q1 2026 Revenue increased 1.1% year-over-year to $226.6 million.
- Net Loss significantly narrowed to $4.4 million from $102.6 million in Q1 2025.
- Adjusted EBITDA was $61.6 million, a decrease of 12.2% year-over-year.
- Annual subscription revenue grew to 57.4% of total revenue in Q1 2026.
- Free cash flow improved to $24.0 million compared to $(0.3) million in Q1 2025.
- Maintained full-year 2026 revenue guidance of $948 million to $988 million.
- Paid $110.9 million in April 2026 for a warrant litigation judgment.
- Proposed merger with Shutterstock is undergoing a UK CMA Phase 2 review.