System1, Inc. (SST)
NYSE: SST · Real-Time Price · USD
1.830
+0.020 (1.10%)
At close: Jul 24, 2026, 4:00 PM EDT
1.820
-0.010 (-0.55%)
After-hours: Jul 24, 2026, 7:34 PM EDT
System1 Income 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 |
| 228.85 | 266.13 | 343.93 | 401.97 | 612.23 | 52.71 | |
Revenue Growth (YoY) | -31.38% | -22.62% | -14.44% | -34.34% | 1061.46% | -88.93% |
Cost of Revenue | 133.52 | 165.73 | 242.6 | 248.75 | 438.84 | 41.51 |
Gross Profit | 95.33 | 100.4 | 101.32 | 153.23 | 173.39 | 11.21 |
Selling, General & Admin | 158.46 | 162.44 | 189.92 | 160.81 | 188.88 | 46.85 |
Depreciation & Amortization Expenses | - | - | - | 78.4 | 69.47 | 1 |
Other Operating Expenses | 36.82 | - | - | - | 372.73 | - |
Total Operating Expenses | 195.28 | 162.44 | 189.92 | 239.22 | 631.07 | 47.85 |
Operating Income | -99.95 | -62.04 | -88.6 | -85.99 | -457.68 | -36.64 |
Interest Expense | -27.1 | -27.56 | -31.56 | -48.75 | -31.61 | -1.05 |
Other Non-Operating Income (Expense) | -0.31 | -5.53 | -22.5 | -7.11 | 3.75 | - |
Total Non-Operating Income (Expense) | -27.41 | -33.08 | -54.06 | -55.86 | -27.86 | -1.05 |
Pretax Income | -121.49 | -84.07 | -97.67 | -131.63 | -493.04 | -37.69 |
Provision for Income Taxes | 2.56 | 2.88 | 0.37 | 20.37 | 108.68 | 0.63 |
Net Income | -124.05 | -86.94 | -98.04 | -111.26 | -384.36 | -37.06 |
Minority Interest in Earnings | 22.4 | 15.85 | 22.63 | 58.36 | 110.93 | - |
Earnings From Discontinued Operations | - | - | - | -174.33 | -56.96 | - |
Net Income to Common | -47.07 | -65.35 | -74.67 | -227.22 | -330.39 | -37.06 |
Net Income Growth | - | - | - | - | - | - |
Shares Outstanding (Basic) | 8 | 8 | 7 | 9 | 9 | 5 |
Shares Outstanding (Diluted) | 8 | 8 | 7 | 9 | 9 | 5 |
Shares Change (YoY) | 12.57% | 12.93% | -23.95% | -0.24% | 77.15% | -20.00% |
EPS (Basic) | -12.00 | -8.32 | -10.74 | -24.80 | -36.04 | 3.30 |
EPS (Diluted) | -12.00 | -8.32 | -10.74 | -24.80 | -36.04 | 3.30 |
EPS Growth | - | - | - | - | - | - |
Free Cash Flow | -14.33 | -4.19 | -5.29 | -27.1 | -0.23 | -10.6 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Per Share | -1.79 | -0.53 | -0.76 | -2.96 | -0.02 | -2.05 |
Gross Margin | 41.66% | 37.72% | 29.46% | 38.12% | 28.32% | 21.26% |
Operating Margin | -43.68% | -23.31% | -25.76% | -21.39% | -74.76% | -69.51% |
Profit Margin | -54.21% | -32.67% | -28.51% | -27.68% | -62.78% | -70.31% |
FCF Margin | -6.26% | -1.58% | -1.54% | -6.74% | -0.04% | -20.11% |
EBITDA | -25.44 | 20.82 | -8.49 | 19.22 | -339.03 | -35.64 |
EBITDA Margin | -11.12% | 7.82% | -2.47% | 4.78% | -55.38% | -67.61% |
EBIT | -99.95 | -62.04 | -88.6 | -85.99 | -457.68 | -36.64 |
EBIT Margin | -43.68% | -23.31% | -25.76% | -21.39% | -74.76% | -69.51% |
Effective Tax Rate | -2.11% | -3.42% | -0.38% | -15.48% | -22.04% | -1.67% |