GETYOTCServices-Business Services, NECUS GAAP · USD

Getty Images Holdings, Inc.

Getty Images Holdings, Inc. operates a digital content licensing marketplace that connects image, video, music and other media contributors with customers who need ready-to-use creative and editorial content. Through Getty Images, iStock and Unsplash, it sells licensed content, subscriptions, APIs and related services, while also offering rights-clearance protections and AI-enabled search and generation tools.

Revenue981m USD
+4.5 %y/y
Operating profit (EBIT)83.9m USD
−53.6 %y/y
EBIT margin8.6%
−10.7 ppy/y
Net income-206m USD
−622.4 %y/y
Free cash flow5.7m USD
−90.7 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

02004006008001,000m USD2020: 815 m USD2020: EBIT 156 m USD20202021: 919 m USD2021: EBIT 202 m USD20212022: 926 m USD2022: EBIT 202 m USD20222023: 917 m USD2023: EBIT 128 m USD20232024: 939 m USD2024: EBIT 181 m USD20242025: 981 m USD2025: EBIT 84 m USD202598184
RevenueOperating profit (EBIT)

Business

Share of revenue
Premium licensing45 %

Getty Images-branded premium creative and editorial stills, video and rights-managed content for enterprise use.

E-commerce stock licensing30 %

iStock subscription and on-demand licensing for lower-priced creative content purchases.

Unsplash and creator platform15 %

Free downloads and paid subscriptions aimed at prosumers, semi-professionals and broad online audiences.

Other services10 %

Data access, music licensing, digital asset management, distribution services and print sales.

Products

Reported · share of revenue
56.7%37.7%FY2025100 %
  • Creative56.7 %
  • Editorial37.7 %
  • Other5.6 %

Source: 10-K FY2025, revenue the company reports per product line (SEC XBRL). Shares are of the lines shown and add up to 100 %.

Customers

Getty Images serves a wide range of buyers, from large media, agency and corporate customers to small businesses, freelancers and creators. Its value proposition is speed, rights clarity and breadth of ready-made content, which reduces the cost and complexity of producing or sourcing visuals independently.

Enterprise agency, media and corporate customers

They buy premium creative and editorial content, often with subscriptions or rights-managed licensing, because they need reliable, cleared assets for campaigns, publishing and brand work.

Small and medium-sized businesses

They use iStock for affordable stills and video through subscriptions or on-demand licensing to support marketing and digital content needs.

Freelancers and independent creators

They purchase lower-cost content and flexible licenses for client projects and self-published work.

Prosumer and semi-professional creators

They use Unsplash for free downloads and paid subscriptions, often for inspiration, publishing and social content.

Content contributors and partners

Photographers, videographers and other creators supply content to the marketplace and are paid royalties for licensed use and AI model usage.

Strategy

The company is focused on making its content marketplace easier to use, more scalable and more differentiated through AI, cloud infrastructure and workflow integrations. It also emphasizes creator supply, rights protection and premium content quality to defend pricing power against free sources and low-cost competitors.

Scale AI-enabled content toolsShort term

AI features can improve discovery, ideation and workflow efficiency while keeping the offering commercially safe.

Deepen subscription and frictionless access modelsMedium term

Subscriptions improve customer stickiness and broaden usage across enterprise and SMB segments.

Protect and expand contributor supplyMedium term

Exclusive, high-quality content and fair royalties are central to maintaining marketplace differentiation.

Geography

Q1/2026

Getty Images says its marketplace reaches almost every country in the world, and Unsplash serves a geographically diverse audience. The business is globally distributed rather than tied to one manufacturing base, so foreign currency, geopolitical conditions and local demand trends can affect results across regions.

Americas59 %
Europe, Middle East and Africa31 %
Asia Pacific9.5 %

Share of the revenue the company reports by geography.

Risks

The business faces competition from stock marketplaces, freelance creators, creative tools and free content sources, which can pressure pricing and traffic. It also has exposure to macro weakness, foreign exchange volatility, litigation and execution risk around AI, platform investment and mergers or acquisitions.

Sorted by severity
Litigation and contingent legal costsHigh

The company disclosed ongoing litigation expenses and appeal-related costs that can be volatile and material.

Exposure: Alta Partners and warrant cases

Competitive pressure from stock marketplaces and free sourcesHigh

Customers can substitute toward cheaper or free content, reducing pricing power and traffic.

Exposure: Premium licensing and iStock

Foreign exchange and global macro weaknessHigh

The company sells globally, so currency moves and weaker advertising or marketing budgets can hurt demand and reported revenue.

Exposure: International revenue base

AI and copyright-related execution riskMedium

Generative AI products must protect contributor rights and maintain trust while competing in a fast-changing market.

Exposure: Generative AI by Getty Images and iStock

Accounting

Judgemental items
Revenue recognition

The company sells subscriptions, on-demand licenses and other services, so the timing of revenue recognition affects quarterly comparability.

Impact: Can shift revenue between periods depending on delivery and usage terms

Accrued litigation reserves

Management disclosed litigation losses and ongoing appeal-related costs, which require judgment on probable losses and timing.

Impact: Can materially affect SG&A and other operating expenses

Foreign currency translation

Global sales create exposure to exchange-rate movements that change reported revenue and margins.

Impact: Reported growth may differ from currency-neutral performance

Capitalized internal software and depreciation

Ongoing platform investment increases capitalized software and future depreciation expense.

Impact: Affects operating expense trend and asset base

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Getty Images Holdings, Inc. (OTC) – Services-Business Services, NEC | Financial Analysis – Clarifo