The company's financial position appears increasingly vulnerable as total debt reached $2.0B by 2026Q1, driving the debt-to-equity ratio up to 3.38 from 2.13 in 2023Q4.
| Total Current Assets | 1B | 1.01B | 358.81M | 365M | 269.52M | 375.03M | 331.95M |
| Cash & Short-Term Investments | 96.63M | 90.18M | 121.17M | 142.31M | 97.91M | 186.3M | 156.48M |
| Cash Only | 96.63M | 90.18M | 121.17M | 140.85M | 97.91M | 186.3M | 156.48M |
| Short-Term Investments | 0 | 0 | 0 | 1.46M | 0 | 0 | 0 |
| Accounts Receivable | 234.63M | 208.47M | 205.71M | 197.1M | 140.9M | 155.35M | 130.6M |
| Days Sales Outstanding | 84.69 | 77.54 | 79.94 | 78.49 | 55.52 | 61.72 | 58.46 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - |
| Other Current Assets | 671.38M | 712.73M | 15.61M | 9.79M | 14.98M | 20.6M | 29.19M |
| Total Non-Current Assets | 2.21B | 2.23B | 2.2B | 2.24B | 2.2B | 2.2B | 2.18B |
| Property, Plant & Equipment | 201.4M | 208.45M | 209.75M | 220.48M | 219.31M | 170.9M | 172.16M |
| Fixed Asset Turnover | 4.69x | 4.71x | 4.48x | 4.16x | 4.22x | 5.38x | 4.74x |
| Goodwill | 1.51B | 1.52B | 1.51B | 1.5B | 1.5B | 1.5B | 1.43B |
| Intangible Assets | 409.3M | 414.7M | 389.91M | 403.81M | 419.55M | 478.85M | 526.18M |
| Long-Term Investments | 73.01M | 30.29M | 5.46M | 39.31M | 14.16M | 11.83M | 13.58M |
| Other Non-Current Assets | 1.18M | 1.22M | 25.34M | 1.96M | 37.79M | 29.26M | 38.99M |
| Total Assets | 3.22B | 3.24B | 2.56B | 2.6B | 2.47B | 2.58B | 2.51B |
| Asset Turnover | 0.34x | 0.30x | 0.37x | 0.35x | 0.38x | 0.36x | 0.32x |
| Asset Growth % | 53.27% | 26.39% | -1.46% | 5.41% | -4.26% | 2.56% | - |
| Total Current Liabilities | 1.32B | 1.31B | 453.25M | 432M | 322.5M | 346.1M | 303.97M |
| Accounts Payable | 107.31M | 114.23M | 99.32M | 102.53M | 93.77M | 94.99M | 95.59M |
| Days Payables Outstanding | 117.79 | 127.87 | 143.25 | 149.54 | 134.22 | 139.72 | 154.33 |
| Short-Term Debt | 706.79M | 696.47M | 0 | 9.78M | 0 | 6.48M | 14.27M |
| Deferred Revenue (Current) | 749.16M | 188.34M | 172.09M | 176.35M | 171.37M | 167.55M | 0 |
| Other Current Liabilities | 296.94M | 295.18M | 133.26M | 115.09M | 0 | 38.92M | 163.58M |
| Current Ratio | 0.76x | 0.77x | 0.79x | 0.84x | 0.84x | 1.08x | 1.09x |
| Quick Ratio | 0.76x | 0.77x | 0.79x | 0.84x | 0.84x | 1.08x | 1.09x |
| Cash Conversion Cycle | -33.1 | - | - | - | - | - | - |
| Total Non-Current Liabilities | 1.31B | 1.33B | 1.39B | 1.49B | 1.55B | 1.85B | 1.92B |
| Long-Term Debt | 1.25B | 23.55M | 1.31B | 1.4B | 1.43B | 1.75B | 1.82B |
| Capital Lease Obligations | 96.18M | 0 | 29.03M | 39.86M | 46.22M | 0 | 0 |
| Deferred Tax Liabilities | 135.32M | 14.22M | 46.69M | 21.58M | 74.41M | 67.3M | 0 |
| Other Non-Current Liabilities | 24.18M | 1.29B | 1.97M | 28.23M | 0 | 23.57M | 90.56M |
| Total Liabilities | 2.63B | 2.64B | 1.85B | 1.92B | 1.88B | 2.19B | 2.22B |
| Total Debt | 1.98B | 720.03M | 1.35B | 1.45B | 1.49B | 1.76B | 1.84B |
| Net Debt | 1.88B | 629.84M | 1.23B | 1.31B | 1.39B | 1.57B | 1.68B |
| Debt / Equity | 3.38x | 1.20x | 1.89x | 2.13x | 2.50x | 4.55x | 6.25x |
| Debt / EBITDA | 6.79x | 2.43x | 5.60x | 7.03x | 5.03x | 5.81x | 7.19x |
| Net Debt / EBITDA | 6.46x | 2.13x | 5.10x | 6.34x | 4.70x | 5.19x | 6.58x |
| Interest Coverage | 1.27x | 1.48x | 1.66x | 0.79x | 0.71x | 2.11x | 0.78x |
| Total Equity | 586.61M | 600.63M | 718.34M | 681.43M | 593.05M | 386.67M | 294.4M |
| Equity Growth % | -37.54% | -16.39% | 5.42% | 14.9% | 53.38% | 31.34% | - |
| Book Value per Share | 1.40 | 1.45 | 1.73 | 1.66 | 2.14 | 1.17 | 0.92 |
| Total Shareholders' Equity | 538.9M | 552.54M | 670.2M | 633.23M | 545.08M | 338.61M | 246.67M |
| Common Stock | 42K | 42K | 41K | 40K | 39K | 20K | 1.53M |
| Retained Earnings | -1.43B | -1.43B | -1.22B | -1.26B | -1.28B | -1.2B | -1.32B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -70.7M | -57.65M | -123.77M | -87.08M | -108.93M | -78.4M | -46.8M |
| Minority Interest | 47.71M | 48.08M | 48.14M | 48.2M | 47.97M | 48.06M | 47.73M |
High leverage and debt
According to recent financial filings, GETY's equity base has contracted from $633.2M in 2023Q4 to $538.9M by 2026Q1, while total debt has surged to $2.0B, signaling a weakening financial position as the company struggles to deleverage while maintaining its core operational infrastructure.
The persistent decline in equity, coupled with the recent expansion of debt, suggests that the company is increasingly reliant on external financing to bridge operational gaps. This trajectory warrants caution, as the erosion of book value may limit future financial flexibility and increase sensitivity to interest rate volatility.
Based on reported figures, the company's debt-to-equity ratio has climbed significantly from 2.13 in 2023Q4 to 3.38 in 2026Q1, indicating that the capital structure is becoming increasingly burdened by debt obligations that may constrain future investment in AI and content acquisition.
The high leverage ratio suggests that a substantial portion of operating cash flow is likely diverted toward interest payments rather than growth initiatives. Investors should monitor whether this debt load forces management to prioritize short-term cash preservation over the long-term competitive necessity of archive expansion.
As reported in quarterly balance sheets, goodwill remains stagnant at $1.5B, representing nearly 47% of total assets as of 2026Q1, which suggests that the company's asset base is heavily reliant on intangible valuations rather than tangible, revenue-generating physical infrastructure.
The concentration of goodwill highlights a significant risk of potential impairment if the underlying business units fail to meet performance expectations. The relatively small net PPE of $201.4M further underscores that the company's value is tied to its brand and archive rather than physical capital.
Based on the provided data, the current ratio has deteriorated from 0.84 in 2023Q4 to 0.76 in 2026Q1, indicating that the company's ability to cover short-term liabilities with liquid assets is narrowing and may leave little room for error during periods of operational stress.
A current ratio consistently below 1.0 suggests that the company is operating with a structural liquidity deficit, relying on the continuous inflow of subscription revenue to meet immediate obligations. This tight margin of safety may necessitate further financing if working capital cycles experience unexpected delays.
Financial statements reveal an accumulated deficit in retained earnings of $1.4B as of 2026Q1, which suggests that historical losses and capital structure decisions have significantly eroded the company's internal equity base, potentially complicating future capital allocation strategies.
The magnitude of the retained earnings deficit implies that the company has struggled to generate consistent, compounding value for shareholders over the observed period. This persistent negative balance serves as a critical indicator that the current business model may be fundamentally challenged by its legacy cost structure.
Quick answers to the most common questions about buying GETY stock.
As of 2025, Getty Images Holdings, Inc. (GETY) had total assets of $3.24B including $1.01B in current assets.
Getty Images Holdings, Inc. (GETY) carries total debt of $720.0M, offset by $90.2M in cash and short-term investments. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Getty Images Holdings, Inc. (GETY) has total shareholders' equity (book value) of $552.5M ($1.45 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Getty Images Holdings, Inc. (GETY) reported a current ratio of 0.77x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.