System1, Inc. (SST) stock

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

Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 12, 2026Score 3/30

$0.98−0.69 (-41.31%)

Close on Nov 13, 2026Market cap $10.28MP/E –Yield –

System1 statistics

69 measures from SEC filings and the closing price. Hover a name for the formula; the last column is the median of companies in the same industry group.

Important dates

Next earnings: Mar 10, 2027 (estimated, during market hours)
Last ex-dividend date: No dividends
Fundamentals through: Sep 30, 2026
Share price as of: Nov 13, 2026

Valuation ratiosIndustry

Market Cap: $10.28M; $792.38M
Enterprise Value: $181.61M; $779.89M
PS Ratio: 0.07; 2.33

Enterprise valuationIndustry

EV / Sales: 1.25; 2.10

Share statisticsIndustry

Shares Outstanding: 10M; 59M
Shares Change (YoY): 8.24%; 1.88%
Shares Held by Institutions: 5.70%; 62.6%

Short sellingIndustry

Short Interest: 297,783; –
Short Interest Change: -4.21%; -3.30%
Days to Cover: 5.25; 3.54

Stock price statisticsIndustry

52-Week High: $5.80; –
52-Week Low: $0.60; –
20-Day Moving Average: $1.81; –
50-Day Moving Average: $2.49; –
200-Day Moving Average: $2.70; –
Average True Range (14): $0.26; –
Price Change (1 Week): -43.0%; 0.50%
Price Change (1 Month): -56.0%; -1.81%
Price Change (3 Months): -55.7%; -4.67%
Price Change (6 Months): -67.5%; 0.47%
Price Change (YTD): -75.0%; -13.6%
Price Change (1 Year): -75.3%; -13.9%
Price Change (3 Years): -91.8%; -16.1%
Price Change (5 Years): -99.0%; -57.0%
Average Volume (10 Days): 182,570; –
Average Volume (20 Days): 116,478; –
Average Volume (90 Days): 431,365; –
Relative Volume: 3.47; 0.64
Relative Strength Index (14): 17.9; 47.4
Volatility (1 Year): 211.0%; 65.4%
Beta (5 Years): 0.65; 1.19

MarginsIndustry

Gross Margin: 61.6%; 55.6%
Operating Margin: -103.0%; -2.03%
Pretax Margin: -104.9%; -0.85%
Profit Margin: -85.6%; -2.58%
EBITDA Margin: -103.0%; 0.72%

Returns on capitalIndustry

Return on Assets (ROA): -43.1%; -3.24%
Return on Invested Capital (ROIC): -62.7%; -0.09%
Return on Capital Employed (ROCE): -107.9%; -0.55%

Financial positionIndustry

Current Ratio: 1.12; 1.37
Quick Ratio: 1.05; 0.94
Interest Coverage: -6.89; -0.55

GrowthIndustry

Revenue Growth (YoY): -49.9%; 9.45%

EfficiencyIndustry

Asset Turnover: 0.50; 0.64
Revenue Per Employee: $581.30K; $394.08K
Profits Per Employee: -$497.70K; -$7.02K
Employee Count: 250; 525
WACC: 7.83%; 10.3%

Income statement (TTM)Industry

Revenue: $145.33M; $257.79M
Gross Profit: $89.59M; $158.22M
Operating Income: -$149.66M; -$638.82K
Pretax Income: -$152.44M; -$315.88K
Net Income: -$124.43M; -$309.55K
EBITDA: -$149.66M; -$78.29K
EPS (Diluted): -$15.10; $0.00

Balance sheetIndustry

Cash & Short-Term Investments: $12.42M; $41.99M
Total Debt: $220.00M; $179.41M
Net Cash (Debt): -$207.58M; $1.76M
Net Cash Per Share: -$19.79; $0.12
Equity (Book Value): -$77.73M; $51.00M
Book Value Per Share: -$7.41; $1.98
Tangible Book Value: -$188.21M; $2.87M
Working Capital: $6.20M; $16.25M

Cash flow (TTM)Industry

Operating Cash Flow: -$36.80M; $5.65M

Dividends and yieldsIndustry

Earnings Yield: -1210.4%; 0.37%

Taxes and interestIndustry

Interest Expense: $21.73M; $3.48M
Income Tax: -$249.00K; $1.63M

Scores and fair valueIndustry

Altman Z-Score: -8.72; 1.96
Piotroski F-Score: 3; 5

Total return vs. the S&P 500

Price change plus reinvested dividends, to the close on Nov 13, 2026. The S&P 500 is measured by the SPY fund.

Period	SST	S&P 500	Difference	SST per year	S&P 500 per year
1 month	-54.6%	-3.0%	−51.6 pts
3 months	-42.3%	-2.8%	−39.6 pts
Year to date	-75.0%	+11.5%	−86.5 pts
1 year	-73.2%	+13.5%	−86.7 pts
3 years	-91.6%	+77.7%	−169.3 pts	-56.2%	+21.1%
5 years	-99.0%	+72.6%	−171.6 pts	-60.3%	+11.5%

Short interest

Shares sold short and not yet covered, reported by brokers to FINRA twice a month. Latest settlement date Oct 30, 2026.

0M SST shares were sold short on Oct 30, 2026, down 4.2% from the previous report. At recent volumes it would take 5.3 days to buy them back. Over the last 20 sessions, 52.3% of the volume reported to FINRA was short selling.

Settlement date	Shares short	Change	Avg. daily volume	Days to cover
Oct 30, 2026	297,783	-4.2%	56,678	5.3
Oct 15, 2026	310,876	-4.1%	66,191	4.7
Sep 30, 2026	324,302	-13.1%	253,137	1.3
Sep 15, 2026	373,269	+90.6%	1,683,892	1.0
Aug 31, 2026	195,844	+69.9%	928,455	1.0
Aug 14, 2026	115,243	-27.2%	408,345	1.0
Jul 31, 2026	158,339	-4.9%	136,756	1.2
Jul 15, 2026	166,557	-19.9%	41,555	4.0
Jun 30, 2026	207,868	-3.7%	82,150	2.5
Jun 15, 2026	215,780	-15.3%	136,680	1.6
May 29, 2026	254,691	-40.6%	200,390	1.3
May 15, 2026	429,107	-33.8%	1,647,154	1.0