Getty Images Holdings (GETY) AI Stock Analysis

• Market Cap: $355.73M
• Dividend Yield: N/A
• Average Volume (3M): 4.17M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.08
• Revenue Growth: 3.10%
• EPS Growth: -264.21%
• Country: US
• Employees: 1,700
• Sector: Communication Services
• Sector Strength: 97
• Industry: Internet Content & Information
• EPS (TTM): -0.01
• Shares Outstanding: 417,214,600
• 10 Day Avg. Volume: 2,709,422
• 30 Day Avg. Volume: 4,170,325
• PEG Ratio: <0.01
• Price to Book (P/B): 1.00
• Price to Sales (P/S): 0.57
• P/FCF Ratio: 8.52
• Enterprise Value/Market Cap: 2.77
• Enterprise Value/Revenue: 1.00
• Enterprise Value/Gross Profit: 1.37
• Enterprise Value/Ebitda: 11.74
• 1Y Price Target: $3.93
• Price Target Upside: 416.45% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 2
• EPS Forecast (FY): 0.11
• Revenue Forecast (FY): $973.04M

• Rating: 54 Neutral
• Price Target: $0.78 ▲(1.97% Upside)
• Action: Reiterated Date: 03/17/26
• Date: Action: Reiterated 03/17/26

The score is driven primarily by mixed financial performance: strong gross margins and improved leverage are offset by a 2025 loss and ongoing earnings volatility. Earnings-call takeaways add modest support from strong operating results, but are held back by weak free cash flow, high debt/interest expense, and softer near-term (reported) guidance. Valuation is a relative positive with a low P/E, while technicals are near-neutral due to missing indicator data.

Positive Factors

High gross margins

Sustained gross margins near 72–73% indicate durable pricing power and an efficient content licensing cost structure. That high gross profitability gives Getty structural ability to absorb SG&A, invest in product and content, and maintain profitability even if revenue growth slows.

Material deleveraging

Meaningful reduction in total debt and a fall to ~1.3x debt/equity materially improves financial flexibility. Lower leverage reduces refinancing and interest-rate vulnerability, enabling more predictable interest costs and greater capacity to fund strategic investments or absorb merger-related expenses.

Large multiyear licensing wins

Multiyear licensing deals provide recurring, contractually backed revenue and improve visibility. The Q4 deals that generated ~$40M of recognized revenue demonstrate the firm's ability to win sizable long-term customers, supporting durable topline predictability and downstream revenue streams.

Negative Factors

Earnings volatility

A swing to a sizable 2025 net loss highlights persistent profitability volatility despite strong gross margins. Variable operating results and negative ROE weaken shareholder returns, complicate capital allocation, and make multi-quarter planning and sustained investment programs more uncertain.

Free cash flow compression

A collapse in free cash flow from $60.9M to $5.7M reflects higher cash interest, merger/refinancing outflows, and one-offs, reducing liquidity cushion. Lower FCF constrains reinvestment, debt paydown, and strategic flexibility, increasing sensitivity to further margin or revenue shocks.

UK merger regulatory risk

An ongoing CMA Phase 2 review and consultation on remedies creates material execution risk for the Shutterstock merger. Potential remedies, delays, or adverse outcomes could reduce expected synergies, raise costs, and prolong strategic uncertainty for multiple months, impacting long-term plans.

Getty Images Holdings Business Overview & Revenue Model

Company Description

Getty Images Holdings, Inc. operates as a visual content creator and marketplace in the United States and internationally. It maintains privately-owned photographic archives covering approximately 160,000 news, sport, and entertainment events, as well as variety of subjects, including lifestyle, business, science, health and beauty, sports, transportation, and travel under the Getty Images, iStock, and Unsplash brands. The company also provides music licensing, and digital asset management and distribution services; and sells wall décor products. It serves largest enterprises, smallest businesses, and individual creators. The company was founded in 1995 and is based in Seattle, Washington.

How the Company Makes Money

Getty Images makes money primarily by licensing visual content to customers for use in marketing, advertising, publishing, and digital media. Key revenue streams include: - Creative content licensing: Fees paid by customers to license commercial (non-editorial) photos, illustrations, and videos for advertising and marketing uses. Licensing may be sold via subscription plans (prepaid access/quotas over a period) and on-demand purchases (single-asset or pack-style transactions), depending on product. - Editorial content licensing: Fees for licensing imagery and video tied to news, sports, and entertainment for editorial use by publishers and broadcasters, typically priced based on usage terms such as distribution, duration, and placement. - Footage and video licensing: Licensing of video clips (both creative and editorial), including higher-value footage used in commercials and productions. - Contributor content and marketplace economics: A substantial portion of the library is supplied by third-party photographers/videographers (contributors). Getty Images earns revenue from customer license fees and pays contributors royalties according to contractual terms; the company’s gross profit depends on pricing, sales mix, and royalty rates. - Enterprise and platform solutions: Revenue from services and tools that support business customers (e.g., brand/asset management workflows, custom content solutions, and licensing programs designed for large organizations). Specific product names/terms beyond this high-level category are null. Significant factors contributing to earnings: - Brand portfolio and distribution: The Getty Images and iStock brands target different customer segments and price points (premium vs. value-oriented), supporting diversified demand. - Content library scale and exclusivity: A large catalog (including archival and event coverage) can support repeat licensing and premium pricing where content is differentiated. - Partnerships and integrations: Distribution partnerships and platform integrations that embed Getty content into customer workflows can drive volume and recurring licensing. Specific named partnerships are null.

Getty Images Holdings Financial Statement Overview

Summary

Financials are mixed: consistently strong gross margins (~72–73%) and improved leverage from sharply reduced debt support the score, but earnings volatility is a major drag (swing to a sizable 2025 net loss and negative ROE). Cash generation has been positive with a 2025 rebound in operating/free cash flow, though coverage versus obligations weakened and earnings-to-cash quality diverged.

Income Statement

Revenue has been relatively stable with modest growth (2025 annual revenue up ~3.7% after low growth in 2024 and a slight decline in 2023). Gross margins are consistently strong (~72–73%), suggesting solid pricing power and cost structure. However, profitability is volatile: net income swung from a profit in 2023–2024 to a sizable loss in 2025 (about -21% net margin), and operating profitability also softened materially versus 2024. Overall, strong gross profitability is outweighed by inconsistent bottom-line performance.

Balance Sheet

Leverage has improved meaningfully: total debt declined sharply in 2025 and debt relative to equity improved to ~1.3x from ~2.0–2.7x in 2022–2024 (and much higher in 2020–2021). Equity has also grown versus earlier years, supporting a healthier capital structure. The main concern is returns to shareholders: return on equity turned sharply negative in 2025 following modestly positive results in 2023–2024, indicating earnings volatility remains a key risk despite the deleveraging progress.

Cash Flow

The business remains cash-generative: 2025 produced positive operating cash flow (~$65M) and free cash flow at a similar level, with a very strong year-over-year free cash flow rebound. Cash flow has also been consistently positive across the period shown. Offsetting this, cash generation relative to obligations appears weaker in 2025 versus prior years (coverage fell versus 2021–2024), and the sharp 2025 net loss highlights a widening gap between earnings and cash flow quality in the current year.

Breakdown	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	981.29M	939.29M	916.55M	926.24M	918.69M
Gross Profit	719.98M	686.22M	666.31M	671.25M	670.54M
EBITDA	83.92M	279.66M	178.42M	176.93M	358.75M
Net Income	-206.12M	39.53M	19.34M	-77.55M	117.07M
Balance Sheet
Total Assets	3.24B	2.56B	2.60B	2.47B	2.58B
Cash, Cash Equivalents and Short-Term Investments	90.18M	121.17M	142.31M	97.91M	186.30M
Total Debt	720.03M	1.35B	1.45B	1.49B	1.76B
Total Liabilities	2.64B	1.85B	1.92B	1.88B	2.88B
Stockholders Equity	552.54M	670.20M	633.23M	545.08M	338.61M
Cash Flow
Free Cash Flow	65.19M	60.87M	75.72M	103.83M	139.57M
Operating Cash Flow	65.19M	118.32M	132.72M	163.12M	188.89M
Investing Cash Flow	-59.52M	-72.49M	-57.00M	-61.29M	-136.93M
Financing Cash Flow	576.17M	-56.22M	-45.35M	-184.35M	-19.27M

Getty Images Holdings Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.76
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GETY, the sentiment is Positive. The current price of 0.76 is below the 20-day moving average (MA) of 0.78, below the 50-day MA of 1.05, and below the 200-day MA of 1.59, indicating a neutral trend. The MACD of -0.07 indicates Negative momentum. The RSI at 47.74 is Neutral, neither overbought nor oversold. The STOCH value of 30.61 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GETY.

Getty Images Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EVER	74 Outperform	$573.95M	9.83	54.21%	―	57.83%	293.63%
SSTK	65 Neutral	$600.38M	14.82	7.88%	7.14%	13.06%	66.19%
FVRR	64 Neutral	$405.14M	34.17	5.27%	―	12.68%	133.00%
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
MAX	55 Neutral	$623.67M	28.43	-477.82%	―	64.86%	-112.92%
GETY	54 Neutral	$355.73M	-1.53	-34.48%	―	3.10%	-264.21%
NXDR	51 Neutral	$589.34M	-14.97	-12.56%	―	6.65%	50.32%

Getty Images Holdings Corporate Events

Getty Images Gains Key U.S. Merger Clearance Milestone

On February 23, 2026, Getty Images and Shutterstock announced that the U.S. Department of Justice had concluded its review of their proposed merger of equals and allowed the Hart-Scott-Rodino waiting period to expire without conditions. The unconditional clearance marks a key regulatory milestone that strengthens the deal’s prospects and supports the companies’ plans to combine resources to bolster their financial footing and service offering.

The firms expect the merger to generate substantial cost and investment synergies across SG&A and capital expenditures once completed, potentially reshaping the competitive landscape in the visual content and creative services market. However, the transaction still faces regulatory scrutiny in the U.K., where the Competition and Markets Authority is conducting a Phase 2 review and is due to issue its final decision by April 19, leaving investors and other stakeholders focused on the remaining approval risk.

The most recent analyst rating on (GETY) stock is a Hold with a $0.85 price target. To see the full list of analyst forecasts on Getty Images Holdings stock, see the GETY Stock Forecast page.

Getty Images addresses UK review of Shutterstock merger

On February 19, 2026, Getty Images issued a statement responding to the UK Competition and Markets Authority’s interim report on its proposed merger with Shutterstock Inc. The company welcomed the regulator’s provisional view that the deal is unlikely to harm competition in the global stock content market, underscoring regulatory support for consolidation in that segment.

However, Getty Images said it was disappointed with the CMA’s provisional finding that the merger could substantially lessen competition in the UK editorial market and argued that this assessment does not reflect local market dynamics or customer alternatives. The company said it would continue to engage with the CMA within the regulator’s timetable and noted that it is also cooperating with the U.S. Department of Justice as that agency’s review of the merger proceeds.

The most recent analyst rating on (GETY) stock is a Hold with a $1.00 price target. To see the full list of analyst forecasts on Getty Images Holdings stock, see the GETY Stock Forecast page.

Getty Images Appeals Court Ruling Upholds Warrant Damages

On October 27, 2023, the U.S. District Court for the Southern District of New York entered judgment against Getty Images Holdings in litigation brought by Alta Partners and CRCM Institutional Master Fund over the treatment of certain public warrants, awarding approximately $36.9 million in damages to Alta and $51.0 million to CRCM, plus pre-judgment interest, while ruling in Getty Images’ favor on other claims involving additional warrants Alta bought later in the market. On January 15, 2026, the U.S. Court of Appeals for the Second Circuit affirmed the lower court’s decision in all respects, leaving the damages award intact; Getty Images had already recorded a litigation loss in 2023 and set up a reserve covering the full amount of the judgment and related interest, limiting additional financial impact but underscoring ongoing legal and financial scrutiny around its warrant-related obligations.

The most recent analyst rating on (GETY) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Getty Images Holdings stock, see the GETY Stock Forecast page.