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Getty Images Holdings (GETY)

Earnings summaries and quarterly performance for Getty Images Holdings.

Recent press releases and 8-K filings for GETY.

Getty Images Reports Q3 2025 Results, Updates Guidance, and Provides Merger & Legal Updates
GETY
Earnings
Guidance Update
Legal Proceedings
  • Getty Images reported Q3 2025 revenue of $240 million, a slight year-over-year decrease of 0.2%, and Adjusted EBITDA of $78.7 million, down 2.4%.
  • Creative revenue grew 8.4% year-on-year to $144.9 million, primarily driven by Premium Access, while Editorial revenue declined 3.7% to $89.3 million due to challenging comparisons to a strong 2024 event calendar. The agency business, within creative, experienced a 22% decline.
  • The company updated its full-year 2025 reported revenue guidance to $942 million-$951 million and Adjusted EBITDA guidance to $291 million-$293 million.
  • The proposed merger with Shutterstock has been referred to a phase two review by the UK's Competition and Markets Authority (CMA), which is expected to push the transaction close into 2026.
  • Getty Images achieved a legal victory against Stability AI in the UK, with the court ruling in its favor on trademark infringement and affirming that its copyright-protected works were used to train Stable Diffusion.
Nov 10, 2025, 9:30 PM
Getty Images Reports Q3 2025 Results and Updates Guidance
GETY
Earnings
Guidance Update
M&A
  • Getty Images reported Q3 2025 revenue of $240.0 million, a 0.2% decrease year over year, and net income of $21.6 million.
  • Adjusted EBITDA for Q3 2025 was $78.7 million, down 2.4% year over year, with an Adjusted EBITDA margin of 32.8%.
  • The company updated its full-year 2025 guidance, now expecting revenue between $942 million and $951 million and Adjusted EBITDA between $291 million and $293 million.
  • The proposed merger with Shutterstock has been referred to a Phase 2 review process by the UK Competition and Markets Authority (CMA), and both parties now expect the transaction to close in 2026.
  • Getty Images finalized strategic partnerships to integrate its content into emerging AI platforms and won a trademark infringement claim against Stability AI Limited in the UK High Court.
Nov 10, 2025, 9:25 PM
Getty Images Faces Setback in UK Copyright Lawsuit Against Stability AI
GETY
Legal Proceedings
  • Getty Images lost most of its copyright claims against Stability AI in the UK High Court, with the court ruling that Stability AI's model, Stable Diffusion, is not an "infringing copy" under UK law.
  • Getty's primary copyright infringement claims were dropped mid-trial due to insufficient evidence regarding the location of the AI training.
  • While a trademark infringement claim partially succeeded due to watermarks appearing in AI-generated images, no damages were awarded.
  • This ruling is considered a major win for Stability AI and the broader AI industry regarding copyright liability for AI models.
  • Following the ruling, Getty Images' shares dropped 6.6% in premarket trading.
Nov 4, 2025, 11:09 AM
Getty Images Issues Statement on Favorable UK Litigation Ruling Against Stability AI
GETY
Legal Proceedings
  • A UK court ruled that Stability AI's Stable Diffusion infringed Getty Images' trademarks and used its copyright-protected works for training, confirming the AI model provider's responsibility for such infringements.
  • The ruling established a precedent that intangible articles, such as AI models, are subject to copyright infringement claims, and Getty Images plans to use these findings in its US case.
  • Getty Images expressed concern over the lack of transparency requirements in AI training and urged governments to establish stronger transparency rules to help creators protect their rights.
Nov 4, 2025, 10:55 AM
Getty Images Merger with Shutterstock Referred to Phase 2 Review by UK CMA
GETY
M&A
Legal Proceedings
  • Getty Images Holdings, Inc. (GETY) announced on November 3, 2025, that the UK's Competition and Markets Authority (CMA) has referred its proposed merger with Shutterstock Inc. to a Phase 2 review process.
  • Getty Images expressed disappointment with the CMA's decision, noting that it had offered comprehensive remedies to avoid a Phase 2 review.
  • The company remains committed to the proposed merger and plans to continue engaging with the CMA and Shutterstock to secure the necessary clearances.
Nov 3, 2025, 10:01 PM
Getty Images, Inc. Enters Indenture for Senior Secured Notes
GETY
Debt Issuance
M&A
  • Getty Images, Inc. entered into an Indenture on October 21, 2025, for $628,400,000 of 10.500% Senior Secured Notes due 2030.
  • The Indenture establishes U.S. Bank Trust Company, National Association as the Trustee and Notes Collateral Agent.
  • Key provisions of the Indenture include covenants regarding the payment of notes, limitations on indebtedness, and restrictions on payments.
  • The document also defines conditions that constitute a Change of Control and outlines the company's reporting obligations.
Oct 21, 2025, 9:29 PM
Getty Images Settles Exchange Offer and Closes Senior Secured Notes Offering
GETY
Debt Issuance
M&A
  • Getty Images, Inc. settled an exchange offer on October 21, 2025, exchanging $294,686,000 aggregate principal amount of 9.750% Senior Notes due 2027 for new 14.000% Senior Notes due 2028, with $5,314,000 of the old notes remaining outstanding.
  • The company also closed a private offering of $628,400,000 aggregate principal amount of 10.500% Senior Secured Notes due 2030 on October 21, 2025.
  • Approximately $350,000,000 of the proceeds from the Senior Secured Notes offering are intended to cover fees, expenses, and cash consideration for Shutterstock common stock holders in connection with the proposed merger with Shutterstock, Inc., with the remaining proceeds to refinance Shutterstock's indebtedness and cover offering expenses.
  • The Senior Secured Notes are subject to a special mandatory redemption if the merger with Shutterstock is not consummated by October 6, 2026.
Oct 21, 2025, 9:28 PM
Getty Images Announces Final Results of Debt Exchange Offer
GETY
Debt Issuance
  • Getty Images Holdings, Inc. announced the final results of its indirect wholly owned subsidiary's offer to exchange its 9.750% Senior Notes due 2027 for newly issued 14.000% Senior Notes due 2028.
  • An aggregate principal amount of $294,686,000 of the Old Notes, representing 98.23% of the outstanding amount, were validly tendered and accepted.
  • The Issuer will issue $294,686,000 in New Notes in exchange for the tendered Old Notes, with the settlement expected on October 21, 2025.
  • Following the settlement, $5,314,000 aggregate principal amount of the Old Notes will remain outstanding.
Oct 20, 2025, 8:15 PM
Getty Images: UK CMA to Refer Shutterstock Merger for Phase 2 Review
GETY
M&A
Legal Proceedings
  • On October 20, 2025, the UK's Competition and Markets Authority (CMA) notified Getty Images Holdings, Inc. of its intent to refer the proposed merger with Shutterstock Inc. to a Phase 2 review process.
  • This referral will occur unless acceptable undertakings are offered to address the CMA's competition concerns.
  • Getty Images remains committed to the proposed merger and will engage with the CMA and Shutterstock to expeditiously secure the necessary clearances.
Oct 20, 2025, 8:08 PM
Getty Images Announces Successful Debt Exchange and Pricing of New Senior Secured Notes
GETY
Debt Issuance
M&A
  • Getty Images announced the successful early results of an exchange offer for its 9.750% Senior Notes due 2027, with $294,665,000 (representing 98.22% of outstanding principal) tendered for new 14.000% Senior Notes due 2028.
  • The company also priced $628,400,000 aggregate principal amount of 10.500% Senior Secured Notes due 2030, with the offering expected to close around October 21, 2025.
  • Proceeds from the new senior secured notes will be used to fund the proposed merger with Shutterstock, Inc., including cash consideration for shareholders and refinancing Shutterstock's debt.
  • A special mandatory redemption clause for the new notes is in place if the merger with Shutterstock is not consummated by October 6, 2026.
Oct 6, 2025, 9:21 PM