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Side-by-side financial comparison of Shutterstock, Inc. (SSTK) and WAFD INC (WAFD). Click either name above to swap in a different company.

Shutterstock, Inc. is the larger business by last-quarter revenue ($220.2M vs $191.4M, roughly 1.2× WAFD INC). WAFD INC runs the higher net margin — 33.5% vs -7.3%, a 40.8% gap on every dollar of revenue. On growth, WAFD INC posted the faster year-over-year revenue change (11.8% vs -12.0%). WAFD INC produced more free cash flow last quarter ($50.0M vs $25.9M). Over the past eight quarters, WAFD INC's revenue compounded faster (5.5% CAGR vs 1.4%).

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...

Washington Federal Bank is a bank based in Seattle, Washington. It operates 210 branches in Washington, Oregon, Idaho, Nevada, Utah, Arizona, New Mexico, California, and Texas. It is on the list of largest banks in the United States.

SSTK vs WAFD — Head-to-Head

Bigger by revenue
SSTK
SSTK
1.2× larger
SSTK
$220.2M
$191.4M
WAFD
Growing faster (revenue YoY)
WAFD
WAFD
+23.8% gap
WAFD
11.8%
-12.0%
SSTK
Higher net margin
WAFD
WAFD
40.8% more per $
WAFD
33.5%
-7.3%
SSTK
More free cash flow
WAFD
WAFD
$24.1M more FCF
WAFD
$50.0M
$25.9M
SSTK
Faster 2-yr revenue CAGR
WAFD
WAFD
Annualised
WAFD
5.5%
1.4%
SSTK

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
SSTK
SSTK
WAFD
WAFD
Revenue
$220.2M
$191.4M
Net Profit
$-16.0M
$64.2M
Gross Margin
55.8%
Operating Margin
-1.1%
43.0%
Net Margin
-7.3%
33.5%
Revenue YoY
-12.0%
11.8%
Net Profit YoY
-1021.0%
35.8%
EPS (diluted)
$-0.47
$0.79

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.

Revenue
SSTK
SSTK
WAFD
WAFD
Q4 25
$220.2M
$191.4M
Q3 25
$260.1M
$188.3M
Q2 25
$267.0M
$186.3M
Q1 25
$242.6M
$179.8M
Q4 24
$250.3M
$171.1M
Q3 24
$250.6M
$188.7M
Q2 24
$220.1M
$194.4M
Q1 24
$214.3M
$172.0M
Net Profit
SSTK
SSTK
WAFD
WAFD
Q4 25
$-16.0M
$64.2M
Q3 25
$13.4M
$60.6M
Q2 25
$29.4M
$62.0M
Q1 25
$18.7M
$56.3M
Q4 24
$-1.4M
$47.3M
Q3 24
$17.6M
$61.1M
Q2 24
$3.6M
$64.6M
Q1 24
$16.1M
$15.9M
Gross Margin
SSTK
SSTK
WAFD
WAFD
Q4 25
55.8%
Q3 25
60.6%
Q2 25
60.3%
Q1 25
58.4%
Q4 24
55.1%
Q3 24
58.3%
Q2 24
58.5%
Q1 24
58.8%
Operating Margin
SSTK
SSTK
WAFD
WAFD
Q4 25
-1.1%
43.0%
Q3 25
12.5%
41.2%
Q2 25
13.0%
42.8%
Q1 25
4.2%
40.1%
Q4 24
5.3%
35.2%
Q3 24
7.2%
42.8%
Q2 24
9.4%
42.6%
Q1 24
7.8%
12.2%
Net Margin
SSTK
SSTK
WAFD
WAFD
Q4 25
-7.3%
33.5%
Q3 25
5.1%
32.2%
Q2 25
11.0%
33.3%
Q1 25
7.7%
31.3%
Q4 24
-0.6%
27.6%
Q3 24
7.0%
32.4%
Q2 24
1.6%
33.2%
Q1 24
7.5%
9.2%
EPS (diluted)
SSTK
SSTK
WAFD
WAFD
Q4 25
$-0.47
$0.79
Q3 25
$0.37
$0.71
Q2 25
$0.82
$0.73
Q1 25
$0.53
$0.65
Q4 24
$-0.04
$0.54
Q3 24
$0.50
$0.73
Q2 24
$0.10
$0.75
Q1 24
$0.45
$0.17

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SSTK
SSTK
WAFD
WAFD
Cash + ST InvestmentsLiquidity on hand
$178.2M
$734.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$581.0M
$3.0B
Total Assets
$1.4B
$27.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SSTK
SSTK
WAFD
WAFD
Q4 25
$178.2M
$734.9M
Q3 25
$165.5M
$657.3M
Q2 25
$116.4M
$809.3M
Q1 25
$112.2M
$1.2B
Q4 24
$111.3M
$1.5B
Q3 24
$131.4M
$2.4B
Q2 24
$74.9M
$2.5B
Q1 24
$71.8M
$1.5B
Stockholders' Equity
SSTK
SSTK
WAFD
WAFD
Q4 25
$581.0M
$3.0B
Q3 25
$594.4M
$3.0B
Q2 25
$586.2M
$3.0B
Q1 25
$547.2M
$3.0B
Q4 24
$518.4M
$3.0B
Q3 24
$522.9M
$3.0B
Q2 24
$520.4M
$3.0B
Q1 24
$541.3M
$2.9B
Total Assets
SSTK
SSTK
WAFD
WAFD
Q4 25
$1.4B
$27.3B
Q3 25
$1.4B
$26.7B
Q2 25
$1.4B
$26.7B
Q1 25
$1.3B
$27.6B
Q4 24
$1.3B
$27.7B
Q3 24
$1.3B
$28.1B
Q2 24
$1.0B
$28.6B
Q1 24
$1.0B
$30.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SSTK
SSTK
WAFD
WAFD
Operating Cash FlowLast quarter
$36.2M
$60.5M
Free Cash FlowOCF − Capex
$25.9M
$50.0M
FCF MarginFCF / Revenue
11.8%
26.1%
Capex IntensityCapex / Revenue
4.7%
5.5%
Cash ConversionOCF / Net Profit
0.94×
TTM Free Cash FlowTrailing 4 quarters
$123.8M
$377.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SSTK
SSTK
WAFD
WAFD
Q4 25
$36.2M
$60.5M
Q3 25
$78.4M
$237.0M
Q2 25
$26.8M
$58.0M
Q1 25
$25.2M
$72.1M
Q4 24
$8.0M
$49.4M
Q3 24
$-11.6M
$439.2M
Q2 24
$28.0M
$63.1M
Q1 24
$8.3M
$169.2M
Free Cash Flow
SSTK
SSTK
WAFD
WAFD
Q4 25
$25.9M
$50.0M
Q3 25
$68.0M
$208.2M
Q2 25
$15.5M
$53.1M
Q1 25
$14.4M
$66.6M
Q4 24
$-952.0K
$43.0M
Q3 24
$-26.3M
$414.6M
Q2 24
$18.9M
$58.3M
Q1 24
$-6.2M
$164.8M
FCF Margin
SSTK
SSTK
WAFD
WAFD
Q4 25
11.8%
26.1%
Q3 25
26.1%
110.6%
Q2 25
5.8%
28.5%
Q1 25
6.0%
37.0%
Q4 24
-0.4%
25.1%
Q3 24
-10.5%
219.7%
Q2 24
8.6%
30.0%
Q1 24
-2.9%
95.8%
Capex Intensity
SSTK
SSTK
WAFD
WAFD
Q4 25
4.7%
5.5%
Q3 25
4.0%
15.2%
Q2 25
4.2%
2.6%
Q1 25
4.5%
3.1%
Q4 24
3.6%
3.8%
Q3 24
5.9%
13.1%
Q2 24
4.1%
2.5%
Q1 24
6.7%
2.6%
Cash Conversion
SSTK
SSTK
WAFD
WAFD
Q4 25
0.94×
Q3 25
5.86×
3.91×
Q2 25
0.91×
0.94×
Q1 25
1.35×
1.28×
Q4 24
1.05×
Q3 24
-0.66×
7.18×
Q2 24
7.71×
0.98×
Q1 24
0.51×
10.65×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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