vs
Side-by-side financial comparison of Shutterstock, Inc. (SSTK) and ZIFF DAVIS, INC. (ZD). Click either name above to swap in a different company.
ZIFF DAVIS, INC. is the larger business by last-quarter revenue ($406.7M vs $220.2M, roughly 1.8× Shutterstock, Inc.). ZIFF DAVIS, INC. runs the higher net margin — 0.1% vs -7.3%, a 7.4% gap on every dollar of revenue. On growth, ZIFF DAVIS, INC. posted the faster year-over-year revenue change (-1.5% vs -12.0%). ZIFF DAVIS, INC. produced more free cash flow last quarter ($157.8M vs $25.9M). Over the past eight quarters, ZIFF DAVIS, INC.'s revenue compounded faster (13.7% 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...
Ziff Davis, Inc. is an American digital media and Internet company. Founded in 1927 by William Bernard Ziff Sr. and Bernard George Davis, the company primarily owns technology- and health-oriented media websites, online shopping-related services, Internet connectivity services, gaming and entertainment brands, and cybersecurity and martech tools. Previously, the company was predominantly a publisher of hobbyist magazines.
SSTK vs ZD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $220.2M | $406.7M |
| Net Profit | $-16.0M | $370.0K |
| Gross Margin | 55.8% | 85.9% |
| Operating Margin | -1.1% | 21.2% |
| Net Margin | -7.3% | 0.1% |
| Revenue YoY | -12.0% | -1.5% |
| Net Profit YoY | -1021.0% | -99.4% |
| EPS (diluted) | $-0.47 | $0.06 |
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 | $220.2M | $406.7M | ||
| Q3 25 | $260.1M | $363.7M | ||
| Q2 25 | $267.0M | $352.2M | ||
| Q1 25 | $242.6M | $328.6M | ||
| Q4 24 | $250.3M | $412.8M | ||
| Q3 24 | $250.6M | $353.6M | ||
| Q2 24 | $220.1M | $320.8M | ||
| Q1 24 | $214.3M | $314.5M |
| Q4 25 | $-16.0M | $370.0K | ||
| Q3 25 | $13.4M | $-3.6M | ||
| Q2 25 | $29.4M | $26.3M | ||
| Q1 25 | $18.7M | $24.2M | ||
| Q4 24 | $-1.4M | $64.1M | ||
| Q3 24 | $17.6M | $-48.6M | ||
| Q2 24 | $3.6M | $36.9M | ||
| Q1 24 | $16.1M | $10.6M |
| Q4 25 | 55.8% | 85.9% | ||
| Q3 25 | 60.6% | 85.4% | ||
| Q2 25 | 60.3% | 86.1% | ||
| Q1 25 | 58.4% | 85.6% | ||
| Q4 24 | 55.1% | 87.1% | ||
| Q3 24 | 58.3% | 85.5% | ||
| Q2 24 | 58.5% | 84.4% | ||
| Q1 24 | 58.8% | 85.4% |
| Q4 25 | -1.1% | 21.2% | ||
| Q3 25 | 12.5% | 7.8% | ||
| Q2 25 | 13.0% | 9.5% | ||
| Q1 25 | 4.2% | 10.7% | ||
| Q4 24 | 5.3% | 19.0% | ||
| Q3 24 | 7.2% | -8.3% | ||
| Q2 24 | 9.4% | 8.9% | ||
| Q1 24 | 7.8% | 11.4% |
| Q4 25 | -7.3% | 0.1% | ||
| Q3 25 | 5.1% | -1.0% | ||
| Q2 25 | 11.0% | 7.5% | ||
| Q1 25 | 7.7% | 7.4% | ||
| Q4 24 | -0.6% | 15.5% | ||
| Q3 24 | 7.0% | -13.7% | ||
| Q2 24 | 1.6% | 11.5% | ||
| Q1 24 | 7.5% | 3.4% |
| Q4 25 | $-0.47 | $0.06 | ||
| Q3 25 | $0.37 | $-0.09 | ||
| Q2 25 | $0.82 | $0.62 | ||
| Q1 25 | $0.53 | $0.56 | ||
| Q4 24 | $-0.04 | $1.53 | ||
| Q3 24 | $0.50 | $-1.11 | ||
| Q2 24 | $0.10 | $0.77 | ||
| Q1 24 | $0.45 | $0.23 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $178.2M | $607.0M |
| Total DebtLower is stronger | — | $866.5M |
| Stockholders' EquityBook value | $581.0M | $1.8B |
| Total Assets | $1.4B | $3.7B |
| Debt / EquityLower = less leverage | — | 0.49× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $178.2M | $607.0M | ||
| Q3 25 | $165.5M | $503.4M | ||
| Q2 25 | $116.4M | $457.3M | ||
| Q1 25 | $112.2M | $431.0M | ||
| Q4 24 | $111.3M | $505.9M | ||
| Q3 24 | $131.4M | $386.1M | ||
| Q2 24 | $74.9M | $687.2M | ||
| Q1 24 | $71.8M | $751.2M |
| Q4 25 | — | $866.5M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $864.3M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $581.0M | $1.8B | ||
| Q3 25 | $594.4M | $1.8B | ||
| Q2 25 | $586.2M | $1.8B | ||
| Q1 25 | $547.2M | $1.8B | ||
| Q4 24 | $518.4M | $1.8B | ||
| Q3 24 | $522.9M | $1.8B | ||
| Q2 24 | $520.4M | $1.9B | ||
| Q1 24 | $541.3M | $1.9B |
| Q4 25 | $1.4B | $3.7B | ||
| Q3 25 | $1.4B | $3.5B | ||
| Q2 25 | $1.4B | $3.5B | ||
| Q1 25 | $1.3B | $3.5B | ||
| Q4 24 | $1.3B | $3.7B | ||
| Q3 24 | $1.3B | $3.4B | ||
| Q2 24 | $1.0B | $3.7B | ||
| Q1 24 | $1.0B | $3.7B |
| Q4 25 | — | 0.49× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.48× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 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 | $191.1M |
| Free Cash FlowOCF − Capex | $25.9M | $157.8M |
| FCF MarginFCF / Revenue | 11.8% | 38.8% |
| Capex IntensityCapex / Revenue | 4.7% | 8.2% |
| Cash ConversionOCF / Net Profit | — | 516.44× |
| TTM Free Cash FlowTrailing 4 quarters | $123.8M | $287.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $36.2M | $191.1M | ||
| Q3 25 | $78.4M | $138.3M | ||
| Q2 25 | $26.8M | $57.1M | ||
| Q1 25 | $25.2M | $20.6M | ||
| Q4 24 | $8.0M | $158.2M | ||
| Q3 24 | $-11.6M | $106.0M | ||
| Q2 24 | $28.0M | $50.6M | ||
| Q1 24 | $8.3M | $75.6M |
| Q4 25 | $25.9M | $157.8M | ||
| Q3 25 | $68.0M | $108.2M | ||
| Q2 25 | $15.5M | $26.9M | ||
| Q1 25 | $14.4M | $-5.0M | ||
| Q4 24 | $-952.0K | $131.1M | ||
| Q3 24 | $-26.3M | $80.1M | ||
| Q2 24 | $18.9M | $25.1M | ||
| Q1 24 | $-6.2M | $47.4M |
| Q4 25 | 11.8% | 38.8% | ||
| Q3 25 | 26.1% | 29.7% | ||
| Q2 25 | 5.8% | 7.6% | ||
| Q1 25 | 6.0% | -1.5% | ||
| Q4 24 | -0.4% | 31.8% | ||
| Q3 24 | -10.5% | 22.7% | ||
| Q2 24 | 8.6% | 7.8% | ||
| Q1 24 | -2.9% | 15.1% |
| Q4 25 | 4.7% | 8.2% | ||
| Q3 25 | 4.0% | 8.3% | ||
| Q2 25 | 4.2% | 8.6% | ||
| Q1 25 | 4.5% | 7.8% | ||
| Q4 24 | 3.6% | 6.6% | ||
| Q3 24 | 5.9% | 7.3% | ||
| Q2 24 | 4.1% | 8.0% | ||
| Q1 24 | 6.7% | 8.9% |
| Q4 25 | — | 516.44× | ||
| Q3 25 | 5.86× | — | ||
| Q2 25 | 0.91× | 2.17× | ||
| Q1 25 | 1.35× | 0.85× | ||
| Q4 24 | — | 2.47× | ||
| Q3 24 | -0.66× | — | ||
| Q2 24 | 7.71× | 1.37× | ||
| Q1 24 | 0.51× | 7.11× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
SSTK
Segment breakdown not available.
ZD
| Health And Wellness | $114.8M | 28% |
| Technology And Shopping | $108.9M | 27% |
| Cybersecurity And Martech Segment | $70.9M | 17% |
| Connectivity | $60.3M | 15% |
| Gaming And Entertainment | $51.7M | 13% |
| Subscription And Licensing | $2.9M | 1% |
