System1, Inc. — Income Charts
8 quarters of history · ending 2025-12-31 · SEC EDGAR
Source:10-K · 10-Q
Revenue, Gross Profit, Operating Income & Net Income
Margin (%)
Operating Expenses
Income Breakdown
Revenue↓-31.3% -$24M
$52M
Cost of Revenue↓-30.0% -$13M
$31M
SG&A↑+4.7% +$845K
$19M
D&A↓-78.9% -$300K
$80K
Operating Income↑+28.7% +$6M
$-16M
EBITDA↓-78.9% -$300K
$80K
Interest Expense↓-18.8% -$1M
$6M
Other Income/Expense↑+125.3% +$352K
$71K
Pretax Income↑+25.0% +$8M
$-23M
Tax Provision↓-192.8% -$1M
$-543K
Net Income↑+21.5% +$5M
$-19M
Operating Margin↓-0.7pts
-25.3%
Net Margin↓-3.5pts
-30.1%
Effective Tax Rate↑+4.4pts
2.4%
Deferred Tax Liabilities↓-26.6% -$2M
$6M
ETR (Continuing Operations)↑+3.0pts
3.4%
ETR Federal Statutory↑+0.0pts
21.0%
ETR State + Local (pp)↑+0.2pts
0.0%
ETR Foreign Differential (pp)↑+1.4pts
1.5%
Operating Lease Cost↓-20.0% -$202K
$808K
Revenue YoY Variation↓-9.9pts
-31.3%
Income YoY Variation↑+33.3pts
28.7%
Revenue QoQ Variation↓-0.7pts
-15.6%
Income QoQ Variation↓-22.9pts
2.1%