Getty Images Holdings reported Q2 2025 revenue of $234.9 million, up 2.5% YoY, with growth in annual subscription business across premium segments. CEO Craig Peters emphasized the company's continued focus on AI integration and subscription growth, with unchanged 2025 guidance of $931M to $968M.
Getty Images Holdings, Inc. (NYSE: GETY) reported robust financial performance for the second quarter ended June 30, 2025. The company's revenue for the period was $234.9 million, marking a 2.5% year-over-year (YoY) increase and a 1.8% currency-neutral growth. This growth was driven by a strong demand for the company's content and services, particularly in the corporate and media segments [1].
The company's annual subscription revenue grew by 3.7% YoY, with currency-neutral growth of 3.0%. This segment now accounts for 53.5% of total revenue, up from 52.9% in the prior year [1]. CEO Craig Peters highlighted the continued momentum in the subscription business and the company's focus on AI integration and content offerings.
Despite the revenue growth, the company reported a net loss of $34.4 million for Q2 2025, compared to a net income of $3.7 million in the same period last year. The net loss margin for Q2 2025 was 14.6%, compared to a net income margin of 1.6% in Q2 2024. The decrease in net income was primarily due to a $57.2 million increase in foreign exchange loss and a $10.9 million decrease in income from operations, primarily due to merger-related expenses [1].
On a non-GAAP basis, adjusted net income was $22.2 million, and adjusted EBITDA was $68.0 million, down 1.2% and 2.2% YoY, respectively. The adjusted EBITDA margin remained strong at 28.9% [1].
The company's liquidity position remained robust, with $110.3 million in cash and cash equivalents as of June 30, 2025. The company has $260.3 million in total available liquidity, including $150.0 million available through its revolver [1].
Getty Images also completed a voluntary loan-to-bond exchange for its $580.0 million of USD fixed rate loans, exchanging $539.9 million of loans into new fixed rate notes with the same maturity and 11.25% rate [1].
The company's total debt as of June 30, 2025, was $1.39 billion, including $539.9 million in senior secured notes, $550.3 million in term loans, and $300.0 million in senior unsecured notes [1].
In other news, Getty Images announced it has been named the exclusive photography partner to several high-profile events, including Coachella Valley Music & Arts Festival, The Met Gala, BAFTA Television Awards, and the Tribeca Film Festival. The company also upgraded its AI suite of services and launched bundles of pre-shot modification AI capabilities with image subscriptions on iStock [1].
Getty Images continues to work with the U.S. Department of Justice and the UK Competition and Markets Authority to obtain regulatory clearance for its proposed merger with Shutterstock, which remains subject to customary closing conditions [1].
References:
[1] https://newsroom.gettyimages.com/en/getty-images/getty-images-reports-second-quarter-2025-results
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