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Companies/System1, Inc.
Company profile

System1, Inc.

NYSE: SST · Technology · Software - Services
PublicHQ Los Angeles, CA · Los AngelesCIK 0001805833Reports USD
#362 of 1,109 Technology companies by revenuebottom-quartile growth
EA Score
35D
FH 38DQ 38GM 14SS 46
v0.1 · 65/100 weight · provisional
↑ workforce scale, filing timeliness · ↓ return on equity, growth stability
Methodology →
Revenue TTM
$228.8M
Rev growth YoY (TTM)
-31.4%
Net income (FY)
-$65.3M
Employees
250
Market cap
$25.0M
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$266.1M$266.1M2025
Net income-$65.3M-$65.3M2025
Operating income-$62.0M-$62.0M2025
Total assets$405.0M$405.0M2025
Liabilities$387.6M$387.6M2025
Equity$30.5M$30.5M2025

Revenue trend

FY2022 – FY2025 · USD
$688.4M
FY22
$52.7M
FY22
$773.9M
FY22
$402.0M
FY23
$343.9M
FY24
$266.1M
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Marketing65%
Products35%
By geography
UNITED STATES99%
Non-US1%
The read

System1, Inc. booked $266.1M in FY2025 revenue, contracting 23% year over year — slower than 80% of Technology companies we track, at a -24.6% net margin.

Peers · Technology
Foxx Development Holdings Inc.29DNTG Clarity Networks Inc.74BFold Holdings, Inc.32DIntellistake Technologies Corp.——
Neighbors
Los Angeles →
The Walt Disney Company$94.4B71BRocket Lab USA, Inc.$601.8M50DPublic Storage$4.8B79B+Live Nation Entertainment, Inc.$25.2B76B+Ares Management Corporation$5.6B67BEdison International$19.3B81B+
Key facts
CEOMichael Blend
SectorTechnology
IndustrySoftware - Services
HeadquartersLos Angeles, CA
ExchangeNYSE: SST
Employees250
IPO date2020-08-07
Latest filings
DEF 14A2026-06-228-K2026-06-018-K2026-05-128-K2026-05-1210-Q2026-05-1210-K2026-03-118-K2026-03-118-K2026-03-11
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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