System1, Inc.

SST · NYSE
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9/30/2025
6/30/2025
3/31/2025
12/31/2024
Revenue$62$78$75$76
% Growth-21.2%4.8%-1.4%
Cost of Goods Sold$39$50$46$31
Gross Profit$23$28$28$45
% Margin36.9%35.7%38.2%59.1%
R&D Expenses$0$0$0$0
G&A Expenses$38$44$42$36
SG&A Expenses$38$44$42$36
Sales & Mktg Exp.$0$0$0$0
Other Operating Expenses$0$0$0$20
Operating Expenses$38$44$42$57
Operating Income-$16-$16-$13-$12
% Margin-25.3%-20.4%-17.6%-15.7%
Other Income/Exp. Net-$7-$7-$7-$7
Pre-Tax Income-$23-$23-$20-$19
Tax Expense-$1-$2-$0-$1
Net Income-$19-$17-$16-$14
% Margin-30.1%-22.4%-21.3%-18.7%
EPS-2.3-2.23-0.21-0.19
% Growth-3.1%-961.9%-10.5%
EPS Diluted-2.3-2.23-0.21-0.19
Weighted Avg Shares Out887474
Weighted Avg Shares Out Dil887474
Supplemental Information
Interest Income$0$0$0$0
Interest Expense$7$7$7$8
Depreciation & Amortization$21$21$20$20
EBITDA$5$5$7$9
% Margin8.6%5.9%9.8%12.2%
System1, Inc. (SST) Financial Statements & Key Stats | AlphaPilot