SST
System1, Inc.
Next earnings Aug 5, 2026 · consensus $-1.98 EPS, $59.2M rev
Last earnings +16.2% on 2026-05-12
$2.51
▲ +10.09%$2.51▼ -73.72%
over 1Y
L $1.37EODHDH $10.76
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+10.1%
1W-9.1%
1M-13.1%
3M-24.4%
YTD-41.4%
1Y-73.7%
Avoid
Conviction
Horizon
Medium (3–12mo)
Street · 5 analysts
Buy
Revenue fell -22.6% YoY.
System1, Inc. shows $266M in FY2025 revenue (-22.6% YoY), a -24.6% net margin, and -214.5% ROE.
Financials · annual, by fiscal year
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | $688M | $612M | $402M | $344M | $266M |
| Gross profit | — | — | — | — | — |
| Operating income | $50.8M | -$458M | -$86.0M | -$88.6M | -$62.0M |
| Net income | $33.0M | -$330M | -$227M | -$74.7M | -$65.3M |
| Diluted EPS | — | -$3.70 | -$2.48 | -$10.74 | -$8.32 |
| Net margin | 4.8% | -54.0% | -56.5% | -21.7% | -24.6% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Key statistics
Valuation
Enterprise value$377M
EV / EBITDA20.8
EV / Sales1.4
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-31.9%
FCF yield-2.0%
Quality & risk
ROIC (est.)-17.0%
Free cash flow-$4.19M
Total debt$258M
Net cash-$172M
Altman Z-Score-2.45 distress
Piotroski F-Score2/7
Capital returns
Buyback yield0.3%
Dividend yield (est.)—
Shareholder yield0.3%
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Disclosure timeline
SEC · 8-Ks + reportsRed flag in recent filings — restated periodic report (2026-04-30). Worth a closer look.
Recent filings
all on EDGAR ↗S-8Filing2026-06-25open ↗DEF 14APeriod ending 2026-07-222026-06-22open ↗PRE 14APeriod ending 2026-06-102026-06-11open ↗4Period ending 2026-05-292026-06-02open ↗8-KPeriod ending 2026-05-292026-06-01open ↗8-KPeriod ending 2026-05-122026-05-12open ↗10-QPeriod ending 2026-03-312026-05-12open ↗8-KPeriod ending 2026-05-122026-05-12open ↗10-K/APeriod ending 2025-12-312026-04-30open ↗4Period ending 2026-04-152026-04-17open ↗4Period ending 2026-04-152026-04-17open ↗4Period ending 2026-04-152026-04-17open ↗
Frequently asked
- Is System1, Inc. (SST) a buy?
- SST currently carries a Avoid rating with 5/5 conviction, derived from its latest SEC filings. Revenue fell -22.6% YoY.
- What is System1, Inc.'s quality score?
- SST scores 49.74509803921569/100 (grade D) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.
Sources: SEC EDGAR (CIK 0001805833, latest 10-Q filed 2026-05-12) · EODHD · as of 6/26/2026, 8:33:41 PM.
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