System1, Inc. (SST)
NYSE: SST · Real-Time Price · USD
3.080
+0.020 (0.65%)
Jun 11, 2026, 4:00 PM EDT - Market closed
System1 Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | -118.93 | -81.19 | -97.3 | -285.59 | -441.32 | -37.06 |
Depreciation & Amortization | 74.51 | 82.86 | 80.11 | 105.21 | 118.65 | 1 |
Stock-Based Compensation | 9.93 | 11.31 | 15.76 | 53.09 | 108.32 | 23.71 |
Other Adjustments | 42.31 | 1.84 | -0.91 | 107.71 | 265.46 | -0.71 |
Change in Receivables | 7.8 | 4.93 | -6.8 | 20.86 | 4.6 | 11.12 |
Changes in Accounts Payable | 7.04 | 12.01 | 0.9 | -6.8 | 2.12 | -67.6 |
Changes in Accrued Expenses | -32.59 | -35.67 | 1.99 | -19.44 | -22.03 | 57.49 |
Changes in Unearned Revenue | - | - | - | 15.27 | 9.01 | 0.31 |
Changes in Other Operating Activities | 0.14 | -0.23 | 0.99 | -15.06 | -41.49 | 1.15 |
Operating Cash Flow | -14.33 | -4.15 | -5.26 | -24.74 | 3.32 | -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 | -6.26 | 203.18 | -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 | - | - | - | 11.28 | 450 | - |
Long-Term Debt Repaid | -22.5 | -20 | -61.79 | -22.7 | -187.49 | - |
Net Long-Term Debt Issued (Repaid) | -22.5 | -20 | -61.79 | -11.42 | 262.51 | - |
Issuance of Common Stock | 1.13 | 2.25 | - | - | 251.51 | - |
Repurchase of Common Stock | -0.31 | -0.91 | -2.15 | -3.06 | -513.68 | - |
Net Common Stock Issued (Repurchased) | 0.82 | 1.34 | -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 | 28.87 | 31.31 | -63.96 | -74.07 | -27.73 | - |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | 0.05 | 0.13 | -0.03 | 0.01 | -0.06 | -0.02 |
Net Cash Flow | 7.24 | 20.56 | -75.5 | 104.38 | -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 | -69.92 | 23.58 | -52.5 | -214.21 | -5.17 | -44.72 |
Unlevered Free Cash Flow | -52.95 | -5.24 | -4.98 | -22.46 | -495.86 | -44.91 |