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Side-by-side financial comparison of American Assets Trust, Inc. (AAT) and Shutterstock, Inc. (SSTK). Click either name above to swap in a different company.
Shutterstock, Inc. is the larger business by last-quarter revenue ($220.2M vs $110.6M, roughly 2.0× American Assets Trust, Inc.). American Assets Trust, Inc. runs the higher net margin — 6.1% vs -7.3%, a 13.4% gap on every dollar of revenue. On growth, American Assets Trust, Inc. posted the faster year-over-year revenue change (1.8% vs -12.0%). Over the past eight quarters, Shutterstock, Inc.'s revenue compounded faster (1.4% CAGR vs -0.1%).
Personal Assets Trust is a large British investment trust. The company is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The chairman is Iain Ferguson CBE.
Shutterstock, Inc. is an American provider of stock photography, stock footage, stock music, and editing tools; it is headquartered in New York. Founded in 2002 by programmer and photographer Jon Oringer, Shutterstock maintains a library of around 200 million royalty-free stock photos, vector graphics, and illustrations, with around 10 million video clips and music tracks available for licensing. Originally a subscription site only, Shutterstock expanded beyond subscriptions into à la carte p...
AAT vs SSTK — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $110.6M | $220.2M |
| Net Profit | $6.7M | $-16.0M |
| Gross Margin | — | 55.8% |
| Operating Margin | 23.4% | -1.1% |
| Net Margin | 6.1% | -7.3% |
| Revenue YoY | 1.8% | -12.0% |
| Net Profit YoY | -16.3% | -1021.0% |
| EPS (diluted) | $0.08 | $-0.47 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $110.6M | — | ||
| Q4 25 | $110.1M | $220.2M | ||
| Q3 25 | $109.6M | $260.1M | ||
| Q2 25 | $107.9M | $267.0M | ||
| Q1 25 | $108.6M | $242.6M | ||
| Q4 24 | $113.5M | $250.3M | ||
| Q3 24 | $122.8M | $250.6M | ||
| Q2 24 | $110.9M | $220.1M |
| Q1 26 | $6.7M | — | ||
| Q4 25 | — | $-16.0M | ||
| Q3 25 | $4.5M | $13.4M | ||
| Q2 25 | $5.5M | $29.4M | ||
| Q1 25 | $42.5M | $18.7M | ||
| Q4 24 | — | $-1.4M | ||
| Q3 24 | $16.7M | $17.6M | ||
| Q2 24 | $11.9M | $3.6M |
| Q1 26 | — | — | ||
| Q4 25 | 59.4% | 55.8% | ||
| Q3 25 | 60.5% | 60.6% | ||
| Q2 25 | 62.6% | 60.3% | ||
| Q1 25 | 62.0% | 58.4% | ||
| Q4 24 | 61.3% | 55.1% | ||
| Q3 24 | 65.5% | 58.3% | ||
| Q2 24 | 63.6% | 58.5% |
| Q1 26 | 23.4% | — | ||
| Q4 25 | 21.1% | -1.1% | ||
| Q3 25 | 22.6% | 12.5% | ||
| Q2 25 | 24.1% | 13.0% | ||
| Q1 25 | 66.3% | 4.2% | ||
| Q4 24 | 26.5% | 5.3% | ||
| Q3 24 | 30.8% | 7.2% | ||
| Q2 24 | 27.8% | 9.4% |
| Q1 26 | 6.1% | — | ||
| Q4 25 | — | -7.3% | ||
| Q3 25 | 4.1% | 5.1% | ||
| Q2 25 | 5.1% | 11.0% | ||
| Q1 25 | 39.2% | 7.7% | ||
| Q4 24 | — | -0.6% | ||
| Q3 24 | 13.6% | 7.0% | ||
| Q2 24 | 10.7% | 1.6% |
| Q1 26 | $0.08 | — | ||
| Q4 25 | $0.06 | $-0.47 | ||
| Q3 25 | $0.07 | $0.37 | ||
| Q2 25 | $0.09 | $0.82 | ||
| Q1 25 | $0.70 | $0.53 | ||
| Q4 24 | $0.14 | $-0.04 | ||
| Q3 24 | $0.28 | $0.50 | ||
| Q2 24 | $0.20 | $0.10 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $118.3M | $178.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.1B | $581.0M |
| Total Assets | $2.9B | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $118.3M | — | ||
| Q4 25 | $129.4M | $178.2M | ||
| Q3 25 | $138.7M | $165.5M | ||
| Q2 25 | $143.7M | $116.4M | ||
| Q1 25 | $143.9M | $112.2M | ||
| Q4 24 | $425.7M | $111.3M | ||
| Q3 24 | $533.0M | $131.4M | ||
| Q2 24 | $114.9M | $74.9M |
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.0B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.2B | $581.0M | ||
| Q3 25 | $1.2B | $594.4M | ||
| Q2 25 | $1.2B | $586.2M | ||
| Q1 25 | $1.2B | $547.2M | ||
| Q4 24 | $1.2B | $518.4M | ||
| Q3 24 | $1.2B | $522.9M | ||
| Q2 24 | $1.2B | $520.4M |
| Q1 26 | $2.9B | — | ||
| Q4 25 | $2.9B | $1.4B | ||
| Q3 25 | $2.9B | $1.4B | ||
| Q2 25 | $3.0B | $1.4B | ||
| Q1 25 | $3.0B | $1.3B | ||
| Q4 24 | $3.3B | $1.3B | ||
| Q3 24 | $3.4B | $1.3B | ||
| Q2 24 | $3.0B | $1.0B |
| Q1 26 | — | — | ||
| Q4 25 | 1.48× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 1.72× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $36.2M |
| Free Cash FlowOCF − Capex | — | $25.9M |
| FCF MarginFCF / Revenue | — | 11.8% |
| Capex IntensityCapex / Revenue | 14.5% | 4.7% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $123.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $167.1M | $36.2M | ||
| Q3 25 | $40.5M | $78.4M | ||
| Q2 25 | $49.2M | $26.8M | ||
| Q1 25 | $36.9M | $25.2M | ||
| Q4 24 | $207.1M | $8.0M | ||
| Q3 24 | $52.4M | $-11.6M | ||
| Q2 24 | $59.3M | $28.0M |
| Q1 26 | — | — | ||
| Q4 25 | $94.9M | $25.9M | ||
| Q3 25 | $23.1M | $68.0M | ||
| Q2 25 | $28.4M | $15.5M | ||
| Q1 25 | $20.4M | $14.4M | ||
| Q4 24 | $136.9M | $-952.0K | ||
| Q3 24 | $28.0M | $-26.3M | ||
| Q2 24 | $43.6M | $18.9M |
| Q1 26 | — | — | ||
| Q4 25 | 86.2% | 11.8% | ||
| Q3 25 | 21.1% | 26.1% | ||
| Q2 25 | 26.3% | 5.8% | ||
| Q1 25 | 18.8% | 6.0% | ||
| Q4 24 | 120.7% | -0.4% | ||
| Q3 24 | 22.8% | -10.5% | ||
| Q2 24 | 39.3% | 8.6% |
| Q1 26 | 14.5% | — | ||
| Q4 25 | 65.6% | 4.7% | ||
| Q3 25 | 15.9% | 4.0% | ||
| Q2 25 | 19.3% | 4.2% | ||
| Q1 25 | 15.1% | 4.5% | ||
| Q4 24 | 61.9% | 3.6% | ||
| Q3 24 | 19.9% | 5.9% | ||
| Q2 24 | 14.1% | 4.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 8.98× | 5.86× | ||
| Q2 25 | 9.01× | 0.91× | ||
| Q1 25 | 0.87× | 1.35× | ||
| Q4 24 | — | — | ||
| Q3 24 | 3.15× | -0.66× | ||
| Q2 24 | 4.98× | 7.71× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AAT
| Rental income | $104.4M | 94% |
| Other | $6.2M | 6% |
SSTK
Segment breakdown not available.
