System1, Inc. (SST)
NYSE: SST · Real-Time Price · USD
2.950
+0.380 (14.79%)
At close: May 22, 2026, 4:00 PM EDT
2.940
-0.010 (-0.34%)
After-hours: May 22, 2026, 4:21 PM EDT

System1 Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Mar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
-118.93-81.19-97.3-285.59-441.32-37.06
Depreciation & Amortization
74.5182.8680.11105.21118.651
Stock-Based Compensation
9.9311.3115.7653.09108.3223.71
Other Adjustments
42.311.84-0.91107.71265.46-0.71
Change in Receivables
7.84.93-6.820.864.611.12
Changes in Accounts Payable
7.0412.010.9-6.82.12-67.6
Changes in Accrued Expenses
-32.59-35.671.99-19.44-22.0357.49
Changes in Unearned Revenue
---15.279.010.31
Changes in Other Operating Activities
0.14-0.230.99-15.06-41.491.15
Operating Cash Flow
-14.33-4.15-5.26-24.743.32-10.6
Capital Expenditures
--0.05-0.03-2.35-3.55-
Purchases of Intangible Assets
-7.35-6.68-6.22-5.61-6.39-0.44
Payments for Business Acquisitions
-----444.07-
Proceeds from Business Divestments
---211.14--
Investing Cash Flow
-7.35-6.72-6.26203.18-454.01-0.44
Short-Term Debt Issued
-50-64--
Short-Term Debt Repaid
----116.4--
Net Short-Term Debt Issued (Repaid)
-50--52.4--
Long-Term Debt Issued
---11.28450-
Long-Term Debt Repaid
-22.5-20-61.79-22.7-187.49-
Net Long-Term Debt Issued (Repaid)
-22.5-20-61.79-11.42262.51-
Issuance of Common Stock
1.132.25--251.51-
Repurchase of Common Stock
-0.31-0.91-2.15-3.06-513.68-
Net Common Stock Issued (Repurchased)
0.821.34-2.15-3.06-262.17-
Common Dividends Paid
-0.02-0.03-0.03-0.1-1.51-
Other Financing Activities
----7.09-26.56-
Financing Cash Flow
28.8731.31-63.96-74.07-27.73-
Effect of Exchange Rate Changes on Cash and Cash Equivalents
0.050.13-0.030.01-0.06-0.02
Net Cash Flow
7.2420.56-75.5104.38-478.48-11.06
Free Cash Flow
-14.33-4.19-5.29-27.1-0.23-10.6
FCF Margin
-6.26%-1.58%-1.54%-6.74%-0.04%-20.11%
Free Cash Flow Per Share
-1.79-0.53-0.76-2.96-0.02-2.05
Levered Free Cash Flow
-69.9223.58-52.5-214.21-5.17-44.72
Unlevered Free Cash Flow
-52.95-5.24-4.98-22.46-495.86-44.91
Updated May 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q