System1, Inc. (SST)
NYSE: SST · Real-Time Price · USD
2.350
+0.650 (38.24%)
At close: Aug 14, 2026, 4:00 PM EDT
2.240
-0.110 (-4.68%)
Pre-market: Aug 17, 2026, 6:09 AM 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 | Jun '26 Jun 30, 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 |
| 180.94 | 266.13 | 343.93 | 401.97 | 664.94 | 688.39 | |
Revenue Growth | -42.93% | -22.62% | -14.44% | -39.55% | -3.41% | 44.63% |
Cost of Revenue | 168.61 | 258.48 | 356.11 | 355.25 | 649.57 | 587.86 |
Gross Profit | 12.33 | 7.65 | -12.19 | 46.72 | 15.37 | 100.53 |
Selling, General & Admin | 66.93 | 69.69 | 76.41 | 54.31 | 66.5 | 35.81 |
Operating Expenses | 66.93 | 69.69 | 76.41 | 132.71 | 136.97 | 49.7 |
Operating Income | -54.6 | -62.04 | -88.6 | -85.99 | -121.6 | 50.83 |
Interest Expense | -27.1 | -27.56 | -31.56 | -48.75 | -32.66 | -16.87 |
Other Non Operating Income (Expenses) | 0.38 | 0.28 | 2.39 | 5.11 | -3.75 | - |
EBT Excluding Unusual Items | -81.33 | -89.32 | -117.78 | -129.63 | -158.01 | 33.96 |
Impairment of Goodwill | - | - | - | - | -372.73 | - |
Other Unusual Items | 5.25 | 5.25 | 20.11 | -2 | - | - |
Pretax Income | -113.81 | -84.07 | -97.67 | -131.63 | -530.73 | 33.96 |
Income Tax Expense | -1.09 | -2.88 | -0.37 | -20.37 | -109.31 | 0.97 |
Earnings From Continuing Operations | -112.72 | -81.19 | -97.3 | -111.26 | -421.42 | 33 |
Earnings From Discontinued Operations | - | - | - | -141.49 | -45.87 | - |
Net Income to Company | -112.72 | -81.19 | -97.3 | -252.75 | -467.29 | 33 |
Minority Interest in Earnings | 21.05 | 15.85 | 22.63 | 25.53 | 99.84 | - |
Net Income | -91.67 | -65.35 | -74.67 | -227.22 | -367.45 | 33 |
Net Income to Common | -91.67 | -65.35 | -74.67 | -227.22 | -367.45 | 33 |
Net Income Growth | - | - | - | - | - | -48.25% |
Shares Outstanding (Basic) | 8 | 8 | 7 | 9 | 8 | 2 |
Shares Outstanding (Diluted) | 8 | 8 | 7 | 9 | 8 | 2 |
Shares Change | 10.36% | 12.93% | -23.95% | 8.35% | 311.99% | - |
EPS (Basic) | -11.31 | -8.32 | -10.74 | -24.85 | -43.53 | 16.11 |
EPS (Diluted) | -11.31 | -8.32 | -10.74 | -24.85 | -43.53 | 16.11 |
EPS Growth | - | - | - | - | - | -48.25% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Free Cash Flow | -40.91 | -4.19 | -5.29 | -27.1 | -10.83 | 60.66 |
Free Cash Flow Per Share | -5.05 | -0.53 | -0.76 | -2.96 | -1.28 | 29.61 |
Gross Margin | 6.81% | 2.87% | -3.54% | 11.62% | 2.31% | 14.60% |
Operating Margin | -30.18% | -23.31% | -25.76% | -21.39% | -18.29% | 7.38% |
Profit Margin | -50.66% | -24.55% | -21.71% | -56.53% | -55.26% | 4.79% |
Free Cash Flow Margin | -22.61% | -1.58% | -1.54% | -6.74% | -1.63% | 8.81% |
EBITDA | -2.59 | 13.13 | -13.09 | -10.49 | -51.95 | 59.78 |
EBITDA Margin | -1.43% | 4.93% | -3.81% | -2.61% | -7.81% | 8.68% |
D&A For EBITDA | 52.01 | 75.17 | 75.51 | 75.5 | 69.65 | 8.95 |
EBIT | -54.6 | -62.04 | -88.6 | -85.99 | -121.6 | 50.83 |
EBIT Margin | -30.18% | -23.31% | -25.76% | -21.39% | -18.29% | 7.38% |
Effective Tax Rate | - | - | - | - | - | 2.84% |