Overview
US visual content marketplace's Q1 revenue rose 1.1% yr/yr but missed analyst expectations
Adjusted EBITDA for Q1 declined 12.2% and missed analyst expectations
Company maintained full-year 2026 revenue and adjusted EBITDA guidance
Outlook
Getty Images maintains 2026 revenue guidance of $948 mln to $988 mln
Company expects 2026 adjusted EBITDA of $279 mln to $295 mln
Adjusted EBITDA margins expected to return to typical 30% range as costs normalize
Result Drivers
EDITORIAL GROWTH - Editorial revenue rose 11% yr/yr, offsetting declines in other segments
CREATIVE WEAKNESS - Creative revenue fell 4.5% yr/yr, with challenges in Agency and microstock
HIGHER COSTS - Adjusted EBITDA margin decreased due to higher cost of revenue, revenue mix, and Winter Olympics coverage costs
Company press release: ID:nGNX3jCFhw
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Miss
$226.57 mln
$239.88 mln (3 Analysts)
Q1 Net Income
-$4.43 mln
Q1 Adjusted EBITDA
Miss
$61.60 mln
$73.76 mln (3 Analysts)
Q1 Adjusted EBITDA Margin
27.20%
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the online services peer group is "buy"
Wall Street's median 12-month price target for Getty Images Holdings Inc is $3.50, about 318.6% above its May 8 closing price of $0.84
The stock recently traded at 62 times the next 12-month earnings vs. a P/E of 13 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)