System1 Inc. (SST)
NYSE: SST
· Real-Time Price · USD
5.80
-0.23 (-3.81%)
At close: Aug 15, 2025, 3:59 PM
5.79
-0.17%
After-hours: Aug 15, 2025, 04:34 PM EDT
System1 Income Statement
Financials in USD. Fiscal
year is
January - December.
| Fiscal Year | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
| Period Ending | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 |
Revenue | 317.06M | 333.52M | 343.93M | 364.45M | 363.44M | 416.09M | 452.29M | 543.03M | 656.39M | 728.95M | 668.68M | -6.76M | -36.49M | -86.71M | n/a | 624.34M | 452.89M | 283.32M |
Cost of Revenue | 178.35M | 237.82M | 289.73M | 361.14M | 360.56M | 344.76M | 329.73M | 355.58M | 442.67M | 501.35M | 425.83M | 471.67M | 462.87M | 436.48M | 539.83M | 462.47M | 333.76M | 207.59M |
Gross Profit | 138.7M | 95.7M | 54.2M | 3.31M | 2.88M | 71.33M | 122.57M | 187.46M | 213.72M | 227.6M | 242.85M | -478.43M | -499.36M | -523.19M | -539.83M | 161.87M | 119.13M | 75.72M |
Operating Income | -62.75M | -75.93M | -88.6M | -95.19M | -94.22M | -101.56M | -99.99M | -113.1M | -134.56M | -126.02M | -151.32M | -89.76M | -31.42M | 12.78M | 73.26M | 114.28M | 98.08M | 81.72M |
Interest Income | n/a | n/a | n/a | n/a | n/a | n/a | n/a | 9.94M | 9.94M | 9.94M | 9.94M | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Pretax Income | -92.14M | -104.07M | -97.67M | -112.51M | -109.5M | -125.25M | -145.64M | -169.42M | -199.19M | -179.48M | -199.56M | -151.74M | -83.09M | -40.18M | 21.03M | 39.06M | 27.05M | 15.17M |
Net Income | -71.11M | -80.02M | -74.67M | -87.12M | -194.95M | -203.81M | -227.07M | -251.62M | -157.77M | -156.6M | -181.89M | -139.59M | -90.64M | -44.8M | 21.03M | 92.15M | 80.61M | 68.8M |
Selling & General & Admin | 105.62M | 102.09M | 73.26M | 49.19M | 50.83M | 98.56M | 128.84M | 116.54M | 177.11M | 177.11M | 149.09M | 93.22M | 43.91M | 6.16M | 13.33M | 90.97M | 67.9M | 43.92M |
Research & Development | n/a | 1.08M | 2.01M | 2.88M | 3.6M | 3.36M | 2.98M | 2.35M | 1.72M | 959K | 822K | 1.98M | 3.19M | 4.03M | 4.93M | 3.54M | 2.25M | 1.32M |
Other Expenses | 95.83M | 68.46M | 67.53M | 46.43M | 42.68M | 115.8M | 135.57M | 168.85M | 156.71M | 118.07M | 118.12M | 122.69M | 89.27M | 55.87M | 36.99M | 3.08M | 3.08M | 3.05M |
Operating Expenses | 201.45M | 171.63M | 142.8M | 98.5M | 97.1M | 172.89M | 222.56M | 300.56M | 348.28M | 353.62M | 306.21M | 149.77M | 70.51M | 2.47M | 13.33M | 104.31M | 77.78M | 50.66M |
Interest Expense | 29.92M | 30.68M | 31.56M | 35.75M | 40.85M | 45.31M | 48.74M | 46.73M | 43.41M | 38.4M | 31.77M | 61.36M | 55.81M | 52.96M | 52.23M | 18.49M | 14.3M | 9.83M |
Selling & Marketing Expenses | -55.09M | -89.03M | -113.51M | -75.29M | -46.12M | -12.18M | 12.3M | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
Cost & Expenses | 379.81M | 409.45M | 432.53M | 459.64M | 457.66M | 517.65M | 552.28M | 656.13M | 790.95M | 854.97M | 732.04M | 81.61M | -6.45M | -100.87M | 13.33M | 566.79M | 411.54M | 258.26M |
Income Tax Expense | -2.08M | -709K | -370K | -9.39M | -10.89M | -17.32M | -21.1M | -17.58M | -35.89M | -26.28M | -17.68M | 15.4M | 35.1M | 32.18M | 27.56M | 2.23M | 1.75M | 1.68M |
Shares Outstanding (Basic) | 7.82M | 74.39M | 73.65M | 70.46M | 69.38M | 67.78M | 92.56M | 93.94M | 93.42M | 92.77M | 91.67M | 91M | 89.7M | 86.6M | 81.7M | 89.25M | 89.25M | 89.25M |
Shares Outstanding (Diluted) | 7.82M | 74.39M | 73.65M | 70.46M | 69.38M | 67.78M | 92.56M | 93.94M | 93.42M | 92.77M | 91.67M | 91M | 89.7M | 86.6M | 81.7M | 89.25M | 89.25M | 89.25M |
EPS (Basic) | -2.96 | -1.11 | -1.06 | -1.16 | -2.23 | -2.23 | -2.43 | -2.7 | -1.71 | -1.71 | -2.03 | -1.58 | -1.04 | -0.53 | 0.23 | 1.10 | 0.96 | 0.83 |
EPS (Diluted) | -2.96 | -1.11 | -1.06 | -1.16 | -2.23 | -2.23 | -2.43 | -2.7 | -1.71 | -1.71 | -2.03 | -1.58 | -1.04 | -0.53 | 0.23 | 1.10 | 0.96 | 0.83 |
EBITDA | -1.31M | 7.38M | 14M | 2.85M | 10.42M | 7.24M | -138K | -356.51M | -714.23M | -698.31M | -771.43M | -445.69M | -71.83M | -58.85M | 22.35M | 71.92M | 50.01M | 31.5M |
EBIT | -62.22M | -73.39M | -66.11M | -76.76M | -68.65M | -79.93M | -96.89M | -463.78M | -834.13M | -822.66M | -874.86M | -542.94M | -142.58M | -99.28M | -13.33M | 57.55M | 41.35M | 25.03M |
Depreciation & Amortization | 81.4M | 80.78M | 80.11M | 79.61M | 79.07M | 87.62M | 97.19M | 107.71M | 120.34M | 124.35M | 118.3M | 90.28M | 61.53M | 32.13M | 12.5M | 13.34M | 9.94M | 6.87M |