Earnings summaries and quarterly performance for Getty Images Holdings.
Executive leadership at Getty Images Holdings.
Craig Peters
Chief Executive Officer
Chris Hoel
Chief Accounting Officer
Daine Weston
Senior Vice President, Ecommerce
Gene Foca
Senior Vice President, Chief Marketing and Revenue Officer
Grant Farhall
Senior Vice President, Chief Product Officer
Jennifer Leyden
Senior Vice President, Chief Financial Officer
Jerry Jenkins
Senior Vice President, Chief Human Resources Officer
Ken Mainardis
Senior Vice President, Editorial
Kjelti Kellough
Senior Vice President, General Counsel
Michael Teaster
Senior Vice President, Chief of Staff
Mikael Cho
Senior Vice President, CEO, Unsplash
Nate Gandert
Senior Vice President, Chief Technology Officer
Peter Orlowsky
Senior Vice President, Strategic Development
Board of directors at Getty Images Holdings.
Research analysts who have asked questions during Getty Images Holdings earnings calls.
Mark Zgutowicz
The Benchmark Company
3 questions for GETY
Ronald Josey
Citigroup Inc.
2 questions for GETY
Alex Lavigne
The Benchmark Company, LLC
1 question for GETY
Cory Carpenter
JPMorgan Chase & Co.
1 question for GETY
Danny Piper
JPMorgan Chase & Co.
1 question for GETY
Recent press releases and 8-K filings for GETY.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
Quarterly earnings call transcripts for Getty Images Holdings.
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