System1, Inc. (SST)
NYSE: SST · Real-Time Price · USD
3.950
-0.070 (-1.74%)
At close: Apr 28, 2026, 4:00 PM EDT
3.860
-0.090 (-2.28%)
After-hours: Apr 28, 2026, 7:49 PM EDT
System1 Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | 2020 - 2018 |
|---|---|---|---|---|---|---|
Period Ending | 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 | 2020 - 2018 |
| Revenue | 266.13 | 343.93 | 401.97 | 664.94 | 688.39 | Upgrade
|
| Revenue Growth (YoY) | -22.62% | -14.44% | -39.55% | -3.41% | 44.63% | Upgrade
|
| Cost of Revenue | 258.48 | 356.11 | 355.25 | 649.57 | 587.86 | Upgrade
|
| Gross Profit | 7.65 | -12.19 | 46.72 | 15.37 | 100.53 | Upgrade
|
| Selling, General & Admin | 69.69 | 76.41 | 54.31 | 66.5 | 35.81 | Upgrade
|
| Operating Expenses | 69.69 | 76.41 | 132.71 | 136.97 | 49.7 | Upgrade
|
| Operating Income | -62.04 | -88.6 | -85.99 | -121.6 | 50.83 | Upgrade
|
| Interest Expense | -27.56 | -31.56 | -48.75 | -32.66 | -16.87 | Upgrade
|
| Other Non Operating Income (Expenses) | 0.28 | 2.39 | 5.11 | -3.75 | - | Upgrade
|
| EBT Excluding Unusual Items | -89.32 | -117.78 | -129.63 | -158.01 | 33.96 | Upgrade
|
| Impairment of Goodwill | - | - | - | -372.73 | - | Upgrade
|
| Other Unusual Items | 5.25 | 20.11 | -2 | - | - | Upgrade
|
| Pretax Income | -84.07 | -97.67 | -131.63 | -530.73 | 33.96 | Upgrade
|
| Income Tax Expense | -2.88 | -0.37 | -20.37 | -109.31 | 0.97 | Upgrade
|
| Earnings From Continuing Operations | -81.19 | -97.3 | -111.26 | -421.42 | 33 | Upgrade
|
| Earnings From Discontinued Operations | - | - | -141.49 | -45.87 | - | Upgrade
|
| Net Income to Company | -81.19 | -97.3 | -252.75 | -467.29 | 33 | Upgrade
|
| Minority Interest in Earnings | 15.85 | 22.63 | 25.53 | 99.84 | - | Upgrade
|
| Net Income | -65.35 | -74.67 | -227.22 | -367.45 | 33 | Upgrade
|
| Net Income to Common | -65.35 | -74.67 | -227.22 | -367.45 | 33 | Upgrade
|
| Net Income Growth | - | - | - | - | -48.25% | Upgrade
|
| Shares Outstanding (Basic) | 8 | 7 | 9 | 8 | 2 | Upgrade
|
| Shares Outstanding (Diluted) | 8 | 7 | 9 | 8 | 2 | Upgrade
|
| Shares Change (YoY) | 12.93% | -23.95% | 8.35% | 311.99% | - | Upgrade
|
| EPS (Basic) | -8.32 | -10.74 | -24.85 | -43.53 | 16.11 | Upgrade
|
| EPS (Diluted) | -8.32 | -10.74 | -24.85 | -43.53 | 16.11 | Upgrade
|
| EPS Growth | - | - | - | - | -48.25% | Upgrade
|
| Free Cash Flow | -4.19 | -5.29 | -27.1 | -10.83 | 60.66 | Upgrade
|
| Free Cash Flow Per Share | -0.53 | -0.76 | -2.96 | -1.28 | 29.61 | Upgrade
|
| Gross Margin | 2.87% | -3.54% | 11.62% | 2.31% | 14.60% | Upgrade
|
| Operating Margin | -23.31% | -25.76% | -21.39% | -18.29% | 7.38% | Upgrade
|
| Profit Margin | -24.55% | -21.71% | -56.53% | -55.26% | 4.79% | Upgrade
|
| Free Cash Flow Margin | -1.58% | -1.54% | -6.74% | -1.63% | 8.81% | Upgrade
|
| EBITDA | 13.13 | -13.09 | -10.49 | -51.95 | 59.78 | Upgrade
|
| EBITDA Margin | 4.93% | -3.81% | -2.61% | -7.81% | 8.68% | Upgrade
|
| D&A For EBITDA | 75.17 | 75.51 | 75.5 | 69.65 | 8.95 | Upgrade
|
| EBIT | -62.04 | -88.6 | -85.99 | -121.6 | 50.83 | Upgrade
|
| EBIT Margin | -23.31% | -25.76% | -21.39% | -18.29% | 7.38% | Upgrade
|
| Effective Tax Rate | - | - | - | - | 2.84% | Upgrade
|
Source: S&P Capital IQ. Standard template. Financial Sources.