AI Earnings Predictions for Getty Images Holdings Inc. (GETY)

EX-99.1

2 gety-20260630xex991.htm

EX-99.1

Document

Getty Images Reports Second Quarter 2026 Results

•Annual Subscription Revenue Grew to 58.8% of Q2 Total Revenue

•Enterprise Strength Through Getty Images Continues Despite Agency and iStock Headwinds

New York, NY, August 10, 2026 – Getty Images Holdings, Inc. (“Getty Images” or the “Company”) (NYSE: GETY), a preeminent global visual content creator and marketplace, today reported financial results for the second quarter ended June 30, 2026.

"Our second quarter results reflected continued pressure in Agency and iStock e-commerce, while the larger parts of our business serving enterprise customers continued to demonstrate resilience and growth," said Craig Peters, Chief Executive Officer of Getty Images. "We are focused on building on Getty Images' strengths; trusted content, deep customer relationships, unique coverage and an unparalleled archive as we work to optimize our capital structure and support long-term growth as a standalone company."

Second Quarter 2026 Financial Summary:

•Revenue of $229.1 million in Q2'26, a decrease of 2.5% year over year and 4.1% on a currency neutral basis.

•Creative revenue of $127.4 million, down 2.6% year over year and 4.3% on a currency neutral basis.

•Editorial revenue of $96.5 million, up 9.2% year over year and 7.6% on a currency neutral basis.

•Other revenue of $5.2 million, down $10.5 million from $15.7 million in Q2’25.

•Annual Subscription Revenue grew to 58.8% of total revenue, up from 53.5% in Q2’25.

•Net loss of $85.8 million in Q2'26, compared to a Net loss of $34.4 million in Q2’25. Primary drivers of the year-on-year increase include:

•$96.7 million increase in tax expense primarily due to a change in valuation allowance, significantly larger book loss in the second quarter 2025, and non-deductible interest,

•$61.0 million improvement in foreign exchange gain primarily due to revaluation of the Euro Term Loan,

•$20.8 million increase in interest expense primarily due to the higher rates following the 2025 refinancing transactions and the incremental debt raised in 2025 in anticipation of the recently terminated merger,

•$8.3 million increase in Other non-operating income driven by interest income earned on merger-related funds held in escrow, and

•$3.2 million decrease in income from operations.

•Net loss margin for Q2’26 was 37.4% compared to net loss margin of 14.6% in Q2’25.

•On a non-GAAP basis, adjusted net loss* was $20.9 million in Q2'26, compared to $19.1 million adjusted net income* in the prior year period.

•Adjusted EBITDA* was $62.3 million for Q2'26, down 8.4% year over year and 10.3% on a currency neutral basis, primarily reflecting lower revenue and higher cost of revenue, which more than offset the lower SGA expense.

•Adjusted EBITDA margin* was 27.2% for Q2’26 compared to 28.9% in the prior year period.

•Adjusted EBITDA less capex* was $48.4 million, down 6.6% year over year and 9.5% on a currency neutral basis.

Liquidity and Balance Sheet:

•Net cash used in operating activities was $108.7 million in Q2’26, compared to net cash provided by operating activities of $6.5 million in the prior year period.

•Free cash flow* was $(122.6) million in Q2’26, compared to $(9.6) million in the prior year period, with the decline primarily driven by payments totaling $110.9 million related to the Alta and CRCM warrant litigation judgment and associated interest, a $62.9 million increase in cash interest paid, including $37.4

million of interest on the 10.5% Senior Secured Notes tied to the financing of the proposed merger with Shutterstock, partially offset by $31.5 million of insurance proceeds related to the warrant litigation.

•Ending cash balance was $51.6 million as of June 30, 2026, down $38.6 million from December 31, 2025 and down $58.7 million from June 30, 2025. The Company had $30.0 million at quarter end available through its revolving credit facility, for total available liquidity of $81.6 million. In July 2026, the Company drew the remaining $30.0 million available under the facility.

•Total debt was $2.1 billion as of June 30, 2026, which included $1.2 billion in Senior Secured Notes; Term Loan balance of $510.6 million, consisting of $40.1 million in USD and $470.5 million in USD equivalent of Euros, converted using exchange rates as of June 30, 2026; $270.0 million of Senior Unsecured Notes; and $120.0 million borrowed on April 23, 2026 under the revolving credit facility in part to pay the judgment and associated interest related to the Alta and CRCM warrant litigation.

•Following termination of the Merger Agreement in July 2026, the $628.4 million of 10.5% Senior Secured Notes were redeemed at par in accordance with a special mandatory redemption pursuant to the indenture, with the redemption funded by amounts released from escrow.

•As of June 30, 2026 the Company had $2.2 million of insurance recovery receivable related to the warrant litigation, represe

SEC.gov | Request Rate Threshold Exceeded

U.S. Securities and Exchange Commission

You’ve Exceeded the SEC’s Traffic Limit

Your request rate has exceeded the SEC’s maximum allowable requests per second. Your access to SEC.gov will be limited for 10 minutes.

Current guidelines limit each user to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests. To ensure that SEC.gov remains available to all users, we reserve the right to block IP addresses that submit excessive requests.

The block will be lifted automatically by waiting 10 minutes. Continuing to exceed the SEC’s maximum allowable request rate during the time-out period will extend the duration of the time-out period. To ensure fair access for all users, please reduce the rate of your requests and visit SEC.gov again after the 10 minute time-out period has passed.

For best practices on efficiently downloading information from SEC.gov, including the latest EDGAR filings, visit sec.gov/developer. You can also sign up for email updates on the SEC open data program, including best practices that make it more efficient to download data, and SEC.gov enhancements that may impact scripted downloading processes. For more information, contact opendata@sec.gov.

For more information, please see the SEC’s Web Site Privacy and Security Policy. Thank you for your interest in the U.S. Securities and Exchange Commission.

Reference ID: 0.c706d217.1784553762.15b73be

More Information

Internet Security Policy

By using this site, you are agreeing to security monitoring and auditing. For security purposes, and to ensure that the public service remains available to users, this government computer system employs programs to monitor network traffic to identify unauthorized attempts to upload or change information or to otherwise cause damage, including attempts to deny service to users.

Unauthorized attempts to upload information and/or change information on any portion of this site are strictly prohibited and are subject to prosecution under the Computer Fraud and Abuse Act of 1986 and the National Information Infrastructure Protection Act of 1996 (see Title 18 U.S.C. §§ 1001 and 1030).

To ensure our website performs well for all users, the SEC monitors the frequency of requests for SEC.gov content to ensure automated searches do not impact the ability of others to access SEC.gov content. We reserve the right to block IP addresses that submit excessive requests. Current guidelines limit users to a total of no more than 10 requests per second, regardless of the number of machines used to submit requests.

If a user or application submits more than 10 requests per second, further requests from the IP address(es) may be limited for a brief period. Once the rate of requests has dropped below the threshold for 10 minutes, the user may resume accessing content on SEC.gov. This SEC practice is designed to limit excessive automated searches on SEC.gov and is not intended or expected to impact individuals browsing the SEC.gov website.

Note that this policy may change as the SEC manages SEC.gov to ensure that the website performs efficiently and remains available to all users.

Note: We do not offer technical support for developing or debugging scripted downloading processes.

gety-20260316false000189849600018984962026-03-162026-03-16

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported):March 16, 2026

Getty Images Holdings, Inc. (Exact name of registrant as specified in its charter)

Delaware001-4145387-3764229 (State or other jurisdiction of incorporation)(Commission File Number)(IRS Employer Identification No.)

605 5th Ave S. Suite 400 Seattle, WA 98104 (Address of Principal Executive Offices, including Zip Code) Registrant’s telephone number, including area code: (206) 925-5000 Not Applicable (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2 below):

oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered Class A Common StockGETYNew York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company x If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02    Results of Operations and Financial Condition. On March 16, 2026, Getty Images Holdings, Inc. issued a press release announcing its financial results for the quarter and full year ended December 31, 2025. A copy of the press release is furnished as Exhibit 99.1 to this report and is incorporated by reference in this Item 2.02. The information contained in Item 2.02 of this Current Report on Form 8-K (including Exhibit 99.1) is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section. Such information shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such filing.

Item 9.01    Financial Statements and Exhibits. (d)Exhibits.

Exhibit No. Description

99.1Press Release, dated March 16, 2026

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: November 10, 2025 Getty Images Holdings, Inc.

By:/s/ Kjelti Kellough Name:Kjelti Kellough Title:Senior Vice President, General Counsel, and Corporate Secretary