System1, Inc. — Earnings
Most recent reported period: FY2025 (Q4) (filed for period ending 2025-12-31) · sourced from SEC EDGAR
Next earnings (estimated): Wed, April 1, 2026 — 30 days overdue (likely already filed but EDGAR cache cold). Anchored to latest quarter-end + 91 days. Analyst-confirmed dates land in a follow-up wave.
YoY = vs same quarter prior year (seasonality-adjusted)
Recent earnings · last 8 quarters
| Quarter end | Revenue | YoY | Net Income | YoY | Op. Margin |
|---|---|---|---|---|---|
| 2025-12-31 | $52M | ↓-31.3% | — | — | — |
| 2025-09-30 | $62M | ↓-30.7% | $-19M | ↑+21.5% | -25.3% |
| 2025-06-30 | $78M | ↓-17.4% | $-22M | ↑+38.2% | -20.4% |
| 2025-03-31 | $75M | ↓-12.3% | $-20M | ↓-44.0% | -17.6% |
| 2024-12-31 | $76M | ↓-21.4% | — | — | — |
| 2024-09-30 | $89M | ↑+1.2% | $-24M | ↑+82.1% | -24.6% |
| 2024-06-30 | $95M | ↓-2.4% | $-35M | ↑+18.9% | -30.8% |
| 2024-03-31 | $85M | ↓-29.9% | $-14M | ↑+67.9% | -30.4% |
Analyst consensus estimates (EPS / Revenue) and implied move from options will land in a follow-up wave. For now, YoY-vs-prior-year-quarter is the surprise proxy.
Last earnings · FY2025 (Q4)
Revenue
$52M
↓-31.3% -$24M YoY
Earnings surprise · last 8 quarters
YoY % change · proxy for analyst surprise until estimates landEPS history · last 10 fiscal years
diluted, GAAP, annualNote: EPS reflects WEIGHTED-AVERAGE diluted shares for each fiscal year. Pre-stock- split values can blow up the early bars if SEC's XBRL data isn't split-adjusted — flagged as a known limitation; cumulative split-adjustment is a follow-up.
Go deeper
SST Sankey — flow of dollars
See how revenue waterfalls through every line item to net income for the latest reported quarter, with prior-period comparison.
Open SankeySST Key Metrics — EPS, ROE, ROIC
10 CFA-grade fundamental ratios — EPS, BVPS, ROE, ROA, ROIC, Debt/Equity, Current Ratio. Compare across years.
Open Key Metrics