Getty Images (NYSE:GETY) Posts Earnings Results, Misses Expectations By $0.02 EPS

Getty Images (NYSE:GETY) announced its earnings results on Monday, May 11th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.02), Zacks reports. Getty Images had a negative return on equity of 17.01% and a negative net margin of 10.94%.The firm had revenue of $226.57 million for the quarter, compared to analyst estimates of $238.90 million.

Here are the key takeaways from Getty Images’ conference call:

• Q1 revenue was $226.6M (+1.1% reported, -2.5% cc) and adjusted EBITDA was $61.6M (down ~12%); management left full‑year guidance unchanged at $948M–$988M revenue and $279M–$295M adjusted EBITDA, expecting margins to normalize to ~30% in H2.
• Editorial strength from the Milan Cortina Olympics and archive demand drove +11% editorial growth, while custom content/video/AI sets grew >250% YoY and Unsplash+ ~20%, with corporate revenue up 6%, highlighting clear growth pockets beyond microstock.
• Agency revenue remains a headwind (down 14%) and microstock faces secular pressure from AI and search changes; Getty discontinued the iStock free trial, shrinking active annual subscribers to 258k (from 318k) and causing near‑term KPI drag expected to linger through Q3 but intended to improve long‑term economics.
• Getty drew $120M on its revolver to pay a ~$110.9M judgment, finished Q1 with $96.6M cash and $1.99B total debt (estimated 2026 cash interest ~ $194M); the Shutterstock merger is cleared everywhere except the U.K., where a CMA decision is expected in mid‑June, creating regulatory and balance‑sheet risks.

Getty Images Stock Performance

Shares of NYSE:GETY opened at $0.88 on Wednesday. The stock has a market capitalization of $367.01 million, a P/E ratio of -3.37 and a beta of 2.03. Getty Images has a 1-year low of $0.58 and a 1-year high of $3.21. The company has a current ratio of 0.76, a quick ratio of 0.76 and a debt-to-equity ratio of 2.13. The business has a 50-day moving average price of $0.87 and a two-hundred day moving average price of $0.99.

Insider Activity

In other news, insider Michael Teaster sold 38,100 shares of the firm’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $0.79, for a total value of $30,099.00. Following the transaction, the insider owned 488,862 shares of the company’s stock, valued at approximately $386,200.98. This trade represents a 7.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 12.50% of the company’s stock.

Hedge Funds Weigh In On Getty Images

Several hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC raised its holdings in Getty Images by 1,201.6% in the first quarter. AQR Capital Management LLC now owns 275,296 shares of the company’s stock worth $476,000 after purchasing an additional 254,146 shares during the period. Geode Capital Management LLC grew its holdings in shares of Getty Images by 14.0% in the 2nd quarter. Geode Capital Management LLC now owns 1,866,490 shares of the company’s stock valued at $3,099,000 after buying an additional 228,532 shares during the period. Creative Planning bought a new stake in shares of Getty Images in the 2nd quarter valued at $75,000. JPMorgan Chase & Co. increased its position in shares of Getty Images by 43.8% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,434,545 shares of the company’s stock valued at $4,041,000 after buying an additional 742,008 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in Getty Images by 15.2% during the 2nd quarter. Rhumbline Advisers now owns 150,736 shares of the company’s stock worth $250,000 after buying an additional 19,859 shares during the period. Institutional investors and hedge funds own 45.75% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on GETY shares. Weiss Ratings lowered shares of Getty Images from a “sell (d)” rating to a “sell (e+)” rating in a report on Tuesday, May 12th. Wedbush reaffirmed an “outperform” rating and set a $7.00 price target on shares of Getty Images in a report on Tuesday, May 12th. Finally, Zacks Research raised Getty Images from a “strong sell” rating to a “hold” rating in a research note on Monday, May 18th. One equities research analyst has rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Getty Images currently has an average rating of “Hold” and an average target price of $3.78.

Getty Images Company Profile

Getty Images (NYSE: GETY) is a leading global provider of digital visual content, offering an extensive library of stock photography, editorial imagery, video footage and music. The company supplies creative and rights-managed assets to a broad range of industries, including advertising, media, corporate communications and publishing. Through its online platform and licensing services, Getty Images enables customers to search, license and download multimedia content for commercial and editorial use.

Founded in 1995 by Mark Getty and Jonathan Klein, Getty Images pioneered the aggregation of photographic archives into a centralized, digital marketplace.