Data as of Q4 2025 (Dec 31, 2025)

System1, Inc.

(SST)

Financial Statements · SEC EDGAR XBRL

Revenue
$266.1M
-22.6%
Net Income
-$65.3M
+12.5%
EPS
$-8.32
+22.5%
Gross Margin
37.7%
Op. Income
-$62.0M
+30.0%
FCF
-$4.2M
+20.7%
Source: SEC EDGAR XBRL
Breakdown
Revenues
Revenues
Total Revenues
Cost of Revenues
Gross Profit
Operating Expenses & Income
Selling General & Admin
Operating Income
Non-Operating Income/Expense
Interest Income/Expense
Other Non-Operating Income
Pre-Tax Income
Income Tax Expense
Net Income
EPS (Basic)
EPS (Diluted)
Shares Outstanding (Diluted)
FY 2025
FY 2024
FY 2023
FY 2022
FY 2021
$266.1M
$343.9M
$402.0M
$612.2M
$688.4M
$266.1M
$343.9M
$402.0M
$612.2M
$688.4M
$165.7M
$242.6M
-
-
-
$100.4M
$101.3M
-
-
-
$69.7M
$76.4M
$54.3M
$50.8M
$35.8M
-$62.0M
-$88.6M
-$86.0M
-$457.7M
$50.8M
-
-
$48.7M
$31.6M
$16.9M
-$22.0M
-$9.1M
-$45.6M
-$35.4M
-$16.9M
-$84.1M
-$97.7M
-$131.6M
-$493.0M
$34.0M
-$2.9M
-$370K
-$20.4M
-$108.7M
$965K
-$65.3M
-$74.7M
-$227.2M
-$330.4M
$33.0M
$-8.32
$-10.74
$-2.48
$-3.70
-
$-8.32
$-10.74
$-2.48
$-3.70
-
7.9M
7.0M
91.5M
89.3M
-