Getty Images Holdings, Inc.GETY

Getty Images Holdings, Inc. Segments Disclosure

10-KFiled Mar 16, 20263 min read
SEGMENT AND GEOGRAPHIC INFORMATION
Getty Images is a preeminent global visual content creator and marketplace that offers a full range of content solutions to meet the needs of customers around the globe. Through Getty Images, iStock, and Unsplash brands, websites and APIs, the Company distributes content and service offerings through three primary product lines: Creative, Editorial, and Other.
As of December 31, 2025, 2024 and 2023, the Company identified one operating and reportable segment for purposes of allocating resources and evaluating financial performance. The Company determines its reportable segment primarily based on the management of the business on a consolidated basis rather than by product, as this information is not how the CODM oversees the business.

As part of its financial management practices, the Company conducts an annual budgeting process and regularly reviews forecasted and actual financial results. The Chief Executive Officer, who serves as the Company’s CODM, uses these forecast and actual results to manage the business. The metric most closely aligned with U.S. GAAP, utilized by the CODM to assess financial performance, guide strategic planning, and allocate resources for the reportable segment is net income.
The Company does not have intra-entity sales or transfers. Asset information on a segment basis is not different than that presented in the Consolidated Balance Sheets.
Segment Financial Information
Certain financial information for the Company’s segment, including significant expenses that are used by the CODM to assess the business performance and other segment expense items are listed below (in thousands):
Year Ended December 31,
202520242023
Revenue$981,290 $939,287 $916,555 
Less:
Significant segment expense items1:
Cost of revenue (exclusive of depreciation and amortization)261,315 253,068 250,249 
Adjusted Selling, general & administrative expenses2
351,781 338,804 316,350 
Marketing costs47,333 47,144 48,514 
Other segment items3
236,945 119,466 173,770 
Segment income from operations83,916 180,805 127,672 
Interest expense(156,175)(131,408)(126,884)
Other non-operating (expense) income - net4
(90,048)37,558 (27,693)
Segment (loss) income before income taxes(162,307)86,955 (26,905)
Income tax (expense) benefit(43,876)(47,483)46,482 
Segment net (loss) income(206,183)39,472 19,577 
Reconciliation of segment profit or loss— — — 
Consolidated net (loss) income$(206,183)$39,472 $19,577 

1 The significant segment expense items are expense information that is regularly provided to the CODM.
2 Total Selling, general and administrative expenses, excluding Marketing costs and Equity compensation expenses.
3 Includes Depreciation, Amortization, Other operating expense - net, Loss on litigation, Recovery of loss on litigation, and Equity compensation expenses.
4 Other segment non-operating (expense) income - net includes Loss on fair value adjustment for swaps – net, Foreign exchange (loss) gain – net, Loss on extinguishment of debt, and Other non-operating income - net.

See “Note 12 — Revenue” for a breakdown of revenue by product and geographic revenue based on customer location.
The Company’s long-lived tangible assets were located as follows (in thousands):
December 31,
20252024
Americas$94,673 $93,667 
Europe, the Middle East, and Africa89,109 83,169 
Asia-Pacific407 456 
Total long-lived tangible assets$184,189 $177,292 
Included in Americas is the United States, which comprises 45.2% and 47.0% of total long-lived tangible assets as of December 31, 2025 and 2024, respectively. Included in Europe, the Middle East, and Africa is Ireland, which comprises 41.7% and 39.9% of total long-lived tangible assets as of December 31, 2025 and 2024, respectively.

Historical Timeline

Fiscal YearFiled
2025Mar 16, 2026Showing above
2024Mar 17, 2025
2023Mar 15, 2024
2022Mar 14, 2023

About Segments Disclosures

Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.

Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.

Other Available Disclosures

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