SSTNYSEServices-Computer Programming, Data Processing, Etc.Fiscal year ends December 31Also trades as SSTPW

System1, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 5, 2026

$2.04−0.06 (-2.86%)

Close on Oct 19, 2026

Market cap: $16.65M
P/E (TTM): –
Dividend yield: –

System1, Inc. income statement

Millions of USD, except per-share data. Shares in millions.

Line item	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2021 2021-12-31
Revenue	266	344	402	688
Cost of Revenue	166	243	241	521
Gross Profit	100	101	161	167
Selling, General & Admin	70	76	54	36
Total Costs & Expenses	–	–	–	13
Operating Income	-62	-89	-86	51
Interest Expense	28	32	49	17
Other Non-Operating Income	-22	-9.07	-46	-17
Asset Impairment Charges	0	0	115	0
Gain (Loss) on Sale of Assets	–	0	-4.25	–
Pretax Income	-84	-98	-132	34
Income Tax Expense	-2.88	-0.37	-20	0.97
Income from Continuing Operations	–	-75	-86	–
Income from Discontinued Operations	–	0	-174	–
Net Income incl. Noncontrolling Interests	-81	-97	-286	33
Minority Interest in Earnings	-16	-23	–	0
Net Income	-65	-75	-227	33
EPS (Basic)(per share)	-8.32	-10.74	-24.80	–
EPS (Diluted)(per share)	-8.32	-10.74	-24.80	–
Shares Outstanding (Basic, Weighted)(shares)	7.85	6.96	9.15	–
Shares Outstanding (Diluted, Weighted)(shares)	7.85	6.96	9.15	–
EBITDA	–	-8.49	-7.59	65

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 50.7%
Operating margin: -51.0%
Net margin: -50.7%
Return on equity, FY2025: -118.0%

Financial strength

Current ratio: 0.77
Debt to equity: -10.94
Debt to assets: 100.1%
Cash to current liabilities: 34.6%

Valuation

P/E ratio: –
Price to sales: 0.09
Price to book: –
Dividend yield: –