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Side-by-side financial comparison of MOVADO GROUP INC (MOV) 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 $186.1M, roughly 1.2× MOVADO GROUP INC). MOVADO GROUP INC runs the higher net margin — 5.1% vs -7.3%, a 12.4% gap on every dollar of revenue. On growth, MOVADO GROUP INC posted the faster year-over-year revenue change (1.9% vs -12.0%). Shutterstock, Inc. produced more free cash flow last quarter ($25.9M vs $11.6M). Over the past eight quarters, MOVADO GROUP INC's revenue compounded faster (2.9% CAGR vs 1.4%).
Movado is a luxury American watch brand originally founded in 1881 in Switzerland. Movado means "movement" in Esperanto. The watches are known for their signature metallic dot at 12 o'clock and minimalist style; the company is best known for its Museum Watch.
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...
MOV vs SSTK — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $186.1M | $220.2M |
| Net Profit | $9.6M | $-16.0M |
| Gross Margin | 54.3% | 55.8% |
| Operating Margin | 6.3% | -1.1% |
| Net Margin | 5.1% | -7.3% |
| Revenue YoY | 1.9% | -12.0% |
| Net Profit YoY | 89.8% | -1021.0% |
| EPS (diluted) | $0.42 | $-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.
| Q4 25 | $186.1M | $220.2M | ||
| Q3 25 | $161.8M | $260.1M | ||
| Q2 25 | $131.8M | $267.0M | ||
| Q1 25 | $181.5M | $242.6M | ||
| Q4 24 | $180.5M | $250.3M | ||
| Q3 24 | $157.0M | $250.6M | ||
| Q2 24 | $134.4M | $220.1M | ||
| Q1 24 | $175.8M | $214.3M |
| Q4 25 | $9.6M | $-16.0M | ||
| Q3 25 | $3.0M | $13.4M | ||
| Q2 25 | $1.4M | $29.4M | ||
| Q1 25 | $8.1M | $18.7M | ||
| Q4 24 | $4.8M | $-1.4M | ||
| Q3 24 | $3.5M | $17.6M | ||
| Q2 24 | $2.0M | $3.6M | ||
| Q1 24 | $9.8M | $16.1M |
| Q4 25 | 54.3% | 55.8% | ||
| Q3 25 | 54.1% | 60.6% | ||
| Q2 25 | 54.1% | 60.3% | ||
| Q1 25 | 54.2% | 58.4% | ||
| Q4 24 | 53.5% | 55.1% | ||
| Q3 24 | 54.3% | 58.3% | ||
| Q2 24 | 54.3% | 58.5% | ||
| Q1 24 | 53.5% | 58.8% |
| Q4 25 | 6.3% | -1.1% | ||
| Q3 25 | 2.5% | 12.5% | ||
| Q2 25 | 0.2% | 13.0% | ||
| Q1 25 | 5.1% | 4.2% | ||
| Q4 24 | 3.3% | 5.3% | ||
| Q3 24 | 1.7% | 7.2% | ||
| Q2 24 | 1.6% | 9.4% | ||
| Q1 24 | 6.1% | 7.8% |
| Q4 25 | 5.1% | -7.3% | ||
| Q3 25 | 1.8% | 5.1% | ||
| Q2 25 | 1.1% | 11.0% | ||
| Q1 25 | 4.4% | 7.7% | ||
| Q4 24 | 2.7% | -0.6% | ||
| Q3 24 | 2.2% | 7.0% | ||
| Q2 24 | 1.5% | 1.6% | ||
| Q1 24 | 5.6% | 7.5% |
| Q4 25 | $0.42 | $-0.47 | ||
| Q3 25 | $0.13 | $0.37 | ||
| Q2 25 | $0.06 | $0.82 | ||
| Q1 25 | $0.36 | $0.53 | ||
| Q4 24 | $0.21 | $-0.04 | ||
| Q3 24 | $0.15 | $0.50 | ||
| Q2 24 | $0.09 | $0.10 | ||
| Q1 24 | $0.44 | $0.45 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $183.9M | $178.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $497.5M | $581.0M |
| Total Assets | $751.9M | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $183.9M | $178.2M | ||
| Q3 25 | $180.5M | $165.5M | ||
| Q2 25 | $203.1M | $116.4M | ||
| Q1 25 | $208.5M | $112.2M | ||
| Q4 24 | $181.5M | $111.3M | ||
| Q3 24 | $198.3M | $131.4M | ||
| Q2 24 | $225.4M | $74.9M | ||
| Q1 24 | $262.1M | $71.8M |
| Q4 25 | $497.5M | $581.0M | ||
| Q3 25 | $489.9M | $594.4M | ||
| Q2 25 | $493.2M | $586.2M | ||
| Q1 25 | $481.3M | $547.2M | ||
| Q4 24 | $491.3M | $518.4M | ||
| Q3 24 | $492.0M | $522.9M | ||
| Q2 24 | $489.6M | $520.4M | ||
| Q1 24 | $505.9M | $541.3M |
| Q4 25 | $751.9M | $1.4B | ||
| Q3 25 | $748.7M | $1.4B | ||
| Q2 25 | $747.2M | $1.4B | ||
| Q1 25 | $729.2M | $1.3B | ||
| Q4 24 | $747.2M | $1.3B | ||
| Q3 24 | $742.5M | $1.3B | ||
| Q2 24 | $736.0M | $1.0B | ||
| Q1 24 | $756.5M | $1.0B |
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 | $12.3M | $36.2M |
| Free Cash FlowOCF − Capex | $11.6M | $25.9M |
| FCF MarginFCF / Revenue | 6.2% | 11.8% |
| Capex IntensityCapex / Revenue | 0.4% | 4.7% |
| Cash ConversionOCF / Net Profit | 1.28× | — |
| TTM Free Cash FlowTrailing 4 quarters | $35.3M | $123.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $12.3M | $36.2M | ||
| Q3 25 | $-3.8M | $78.4M | ||
| Q2 25 | $-7.2M | $26.8M | ||
| Q1 25 | $39.1M | $25.2M | ||
| Q4 24 | $-4.7M | $8.0M | ||
| Q3 24 | $-17.8M | $-11.6M | ||
| Q2 24 | $-18.1M | $28.0M | ||
| Q1 24 | $69.4M | $8.3M |
| Q4 25 | $11.6M | $25.9M | ||
| Q3 25 | $-5.1M | $68.0M | ||
| Q2 25 | $-8.7M | $15.5M | ||
| Q1 25 | $37.5M | $14.4M | ||
| Q4 24 | $-7.2M | $-952.0K | ||
| Q3 24 | $-20.1M | $-26.3M | ||
| Q2 24 | $-19.7M | $18.9M | ||
| Q1 24 | $67.8M | $-6.2M |
| Q4 25 | 6.2% | 11.8% | ||
| Q3 25 | -3.1% | 26.1% | ||
| Q2 25 | -6.6% | 5.8% | ||
| Q1 25 | 20.7% | 6.0% | ||
| Q4 24 | -4.0% | -0.4% | ||
| Q3 24 | -12.8% | -10.5% | ||
| Q2 24 | -14.7% | 8.6% | ||
| Q1 24 | 38.6% | -2.9% |
| Q4 25 | 0.4% | 4.7% | ||
| Q3 25 | 0.8% | 4.0% | ||
| Q2 25 | 1.2% | 4.2% | ||
| Q1 25 | 0.9% | 4.5% | ||
| Q4 24 | 1.4% | 3.6% | ||
| Q3 24 | 1.5% | 5.9% | ||
| Q2 24 | 1.2% | 4.1% | ||
| Q1 24 | 0.9% | 6.7% |
| Q4 25 | 1.28× | — | ||
| Q3 25 | -1.27× | 5.86× | ||
| Q2 25 | -5.08× | 0.91× | ||
| Q1 25 | 4.86× | 1.35× | ||
| Q4 24 | -0.98× | — | ||
| Q3 24 | -5.14× | -0.66× | ||
| Q2 24 | -8.97× | 7.71× | ||
| Q1 24 | 7.06× | 0.51× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
MOV
| Other | $81.4M | 44% |
| Owned Brands Category | $46.0M | 25% |
| Sales Channel Directly To Consumer | $35.3M | 19% |
| Company Stores | $23.4M | 13% |
SSTK
Segment breakdown not available.
