Quarterly ResultAug 10, 2026, 04:33 PM
Getty Images Q2 Net Loss $85.8M, Revenue $229.1M; Withdraws Guidance
AI Summary
Getty Images Holdings, Inc. reported a significant net loss of $85.8 million for Q2 2026, compared to a $34.4 million net loss in the prior year, on revenue of $229.1 million, a 2.5% decrease year-over-year. Adjusted EBITDA also declined by 8.4% to $62.3 million. The company experienced substantial negative free cash flow of $(122.6) million and ended the quarter with $51.6 million in cash and $2.1 billion in total debt. Additionally, Getty Images terminated its merger agreement with Shutterstock and withdrew its financial guidance, citing an ongoing evaluation of strategic financing alternatives and balance sheet management initiatives.
Key Highlights
- Net loss of $85.8 million in Q2'26, compared to $34.4 million in Q2'25.
- Revenue decreased 2.5% year-over-year to $229.1 million.
- Adjusted EBITDA was $62.3 million, down 8.4% year-over-year.
- Annual Subscription Revenue grew to 58.8% of total revenue, up from 53.5%.
- Net cash used in operating activities was $108.7 million, compared to $6.5 million provided in Q2'25.
- Free cash flow was $(122.6) million, compared to $(9.6) million in Q2'25.
- Total debt stood at $2.1 billion as of June 30, 2026.
- Company withdrew financial guidance due to evaluation of strategic financing alternatives.
- Merger Agreement with Shutterstock was terminated in July 2026.
Price Impact
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