Getty Images Holdings Inc. reported its financial results for the first quarter of 2025, with a slight increase in revenue of 0.8% year-over-year, reaching $224.1 million. On a currency-neutral basis, this growth was 2.6%. The company's creative revenue faced a decline, dropping 4.8% year-over-year to $132.2 million, while editorial revenue rose by 4.0% to $82.6 million, marking a 5.6% increase on a currency-neutral basis. Annual subscription revenue grew by 5.4%, accounting for 57.2% of total revenue, up from 54.7% in the first quarter of 2024. However, Getty Images reported a net loss of $102.6 million, contrasting with a net income of $13.6 million in the same quarter of the previous year. This loss was attributed to a $53.4 million increase in tax expenses, a $41.5 million rise in foreign exchange loss, and a $13.7 million decrease in income from operations due to merger-related expenses. In terms of business updates, Getty Images renewed content partnerships with the Boston Globe and MTV and added Bader Media as a new video partner. The company also adjusted its 2025 financial guidance to reflect foreign exchange impacts, revising its revenue expectations to a range of $931 million to $968 million, up from the prior range of $918 million to $955 million. The adjusted EBITDA guidance was also raised to between $277 million and $297 million, compared to the previous range of $272 million to $290 million. This guidance includes considerations for a merger agreement with Shutterstock, anticipated to close in 2025.