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System1, Inc. (SST) stock

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NYSE: SST NYSE Interactive Media & Services Next results ~November 12, 2026

E Fundamentals grade

System1, Inc. is a US-listed company in the interactive media & services industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Model estimate per share

~$7.0

Price-to-sales vs peers

Base case. Range ~$7.0–$60. Sales per share times peers' typical price-to-sales; used only when earnings are negative.

Price vs value

No Buy/Hold/Sell rating is issued: only 1 valuation models apply; a rating needs 3.

System1, Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders1 buying, 0 selling1 purchase and 0 sales by directors and officers, last 12 monthsInsider trades
  • Funds10 adding, 15 cuttingOf 3 active managers that changed their stake, 1 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter System1 files

Where System1 stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $181m, down 42.9% on a year earlier, a steeper fall than the 31.4% decline a quarter earlier. That puts it 29 of 29 for growth among the interactive media & services companies we cover. Free-cash-flow margin fell to -6.3% from -1.6% a year earlier. Operating margin narrowed to -51.0% from -19.8%. Against its peers on growth, profitability, cash generation and balance sheet, it grades E. It passes 0 of our 5 financial-health checks.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 12, 2026 (estimated)

System1, Inc.'s trailing-twelve-month revenue fell 42.9% year on year, with a free-cash-flow margin of -6.3%. Where it lags: revenue growth of -42.9% ranks 61 of 63 interactive media & services companies we cover.

Current signal Revenue growth decelerating: TTM revenue growth slowed to -42.9% (-11.5pp vs the prior quarter), the 5th consecutive quarterly slowdown.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

Nothing in System1, Inc.'s latest figures clears our strength thresholds.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 42.9% over the last 12 months.
  • Growth slowing. The growth rate is 11.5 points lower than a quarter earlier.
  • Loss-making. Operating margin is -51.0%: costs exceed revenue.
  • Margins narrowing. Operating margin is down 31.2 points on a year ago.
  • Burning cash. Free cash flow was -6.3% of revenue over the last 12 months.

Latest results: FY2026 Q2

Filed August 5, 2026
Revenue
$30m, down 61.3% on a year earlier
Share reaction
-17.4% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Next report
November 12, 2026; average EPS estimate -$1.30

System1's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-0.6%
  • 1 week-13.3%
  • 1 month-30.7%
  • This year-56.9%
  • 1 year-70.1%
  • 5 years-98.3%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$181M
Operating margin
-51.0%
Net margin
-50.7%
EPS (TTM, diluted)
$-11.31

Growth

Revenue growth
−42.9%
Change in growth rate
−11.5 pts

Cash

Free cash flow (TTM)
-$14.3M
FCF margin
-6.3%
Stock pay % of revenue
3.7%

Earnings

Last results
August 5, 2026
Next results (est.)
November 4, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Leadership
  2. Announcement
  3. Results
  4. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

System1, Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: only 1 valuation models apply; a rating needs 3.

Valuation models

We value System1, Inc. as an operating company, with every model that fits that kind of business. Cost of equity 10.6%: the 10-year Treasury yield (4.9%) plus a beta of 1.25 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Revenue-to-maturity model Revenue grown to maturity with the cash margin moving to the industry's; for companies not yet profitable. — Does not apply: revenue and margins don't support a positive value
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. — Does not apply: no positive earnings in the latest twelve months
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. — Does not apply: book value or earnings not available
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. — Does not apply: return on equity is not positive
Price-to-sales vs peers Sales per share times peers' typical price-to-sales; used only when earnings are negative. ~$7.0 ~$13–$60 Included, half weight
Combined value Weighted average of the models that apply: the primary model (revenue-to-maturity model) counts double. Models more than 5x or less than 0.2x the share price, or more than 3x away from the other models' median, are left out. ~$7.0 ~$7.0–$60 1 model

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare System1, Inc. with Interactive Media & Services in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 2022202320242025Now
Share price$46.90$22.20$8.98$3.92$1.69
Market value$419m$203m$62m$31m$14m
+ Net debt (− = net cash)$426m$230m$216m$218m$251m
Enterprise value$845m$433m$279m$249m$265m
Multiples
Price / sales 0.7x0.5x0.2x0.1x0.1x
Price / earnings —————
Price / free cash flow —————
EV / EBITDA —————

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 12, 2026, after the close. Analysts expect revenue of $30m and EPS of −$1.30 (range −$1.30 to −$1.30) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current −$8.85 −13% $132m −51%
Next −$1.08 +88% $160m +21%

Earnings against estimates

Quarter toEstimateActualSurprise
Dec 2025 −$2.02 −$1.93 +4.4%
Sept 2025 −$2.78 −$2.07 +25.6%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

1 analysts, Oct 2026
Buy1100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202611

Counts of recommendations published by analysts covering System1, Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
9.3%
of tradable shares
Days to cover
1.93
at average volume
Short interest, 1 month
−17%
to October 15, 2026
Held by institutions
10%
of shares
Held by insiders
68.5%
of shares
Employees
250
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months −70.1%

$5.65 on October 31, 2025 to $1.69

ThenNowEffect
Revenue (last 12 months) $317m $181m −42.9%
P/S multiple 0.1x 0.1x −41.8%
Share count 7m 8m −9.9%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

Last 3 years −85.9%

$12.00 on November 3, 2023 to $1.69

ThenNowEffect
Revenue (last 12 months) $515m $181m −64.9%
P/S multiple 0.2x 0.1x −64.8%
Share count 9m 8m +13.8%

Biggest factor: revenue. Loss-making at one end, so the split uses price/sales.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
SST−8%−53%−53%−60%−56%−57%
Industry peers (median)−26%−54%−2%−19%−7%−22%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
SST42%42%42%25%42%36%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
SST−14%−86%−79%−63%−69%−70%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since August 7, 2020: 100% from April 7, 2022 to March 26, 2026. Getting back needed a 19469% gain, and the shares have not yet recovered.

Price behaviour

52-week range
$1.37 – $5.77
From 52-week high
−70.7%
vs 50-day average
−35.6%
vs 200-day average
−39.9%
Volatility (1 year)
208%
Beta vs S&P 500
-0.46

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
3 up, 9 down
typical move ±9.2%
After a week
2 up, 10 down
typical move ±16.3%
After a month
4 up, 8 down
typical move ±32.3%
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −17.4% −0.4% −6.0% +87.1%
May 12, 2026 −7.8% +0.4% −26.9% −19.6%
March 11, 2026 −25.0% −1.6% −39.3% −8.6%
November 5, 2025 −21.3% −0.7% −30.2% −27.6%
August 7, 2025 +3.8% +0.7% +15.1% +47.5%
May 6, 2025 +2.7% −0.4% +16.0% −11.4%
March 10, 2025 −6.5% −3.5% −10.8% −43.9%
November 7, 2024 −4.5% +1.2% −3.6% −16.0%
August 8, 2024 +4.6% +2.8% −2.8% +9.3%
May 9, 2024 −8.6% +0.7% −10.3% −16.0%
March 18, 2024 −1.4% +1.2% −13.9% +48.6%
August 9, 2023 −7.4% −0.6% −21.1% −52.1%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

System1, Inc. in five measures

Fundamentals grade E
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) System1, Inc.
$100M $200M $300M $400M $500M FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Revenue (TTM), FY23 Q3: $445.9M Revenue (TTM), FY23 Q4: $402M Revenue (TTM), FY24 Q1: $365.8M Revenue (TTM), FY24 Q2: $363.4M Revenue (TTM), FY24 Q3: $364.5M Revenue (TTM), FY24 Q4: $343.9M Revenue (TTM), FY25 Q1: $333.5M Revenue (TTM), FY25 Q2: $317.1M Revenue (TTM), FY25 Q3: $289.8M Revenue (TTM), FY25 Q4: $266.1M Revenue (TTM), FY26 Q1: $228.9M Revenue (TTM), FY26 Q2: $180.9M $180.9M

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue (TTM)
FY23 Q3 $445.9M
FY23 Q4 $402M
FY24 Q1 $365.8M
FY24 Q2 $363.4M
FY24 Q3 $364.5M
FY24 Q4 $343.9M
FY25 Q1 $333.5M
FY25 Q2 $317.1M
FY25 Q3 $289.8M
FY25 Q4 $266.1M
FY26 Q1 $228.9M
FY26 Q2 $180.9M
Revenue growth, TTM YoY System1, Inc.
-60% -40% -20% 0% FY24 Q1 FY24 Q3 FY25 Q1 FY25 Q3 FY26 Q2 Revenue growth, TTM YoY, FY24 Q1: -42.7% Revenue growth, TTM YoY, FY24 Q2: -29.4% Revenue growth, TTM YoY, FY24 Q3: -18.3% Revenue growth, TTM YoY, FY24 Q4: -14.4% Revenue growth, TTM YoY, FY25 Q1: -8.8% Revenue growth, TTM YoY, FY25 Q2: -12.8% Revenue growth, TTM YoY, FY25 Q3: -20.5% Revenue growth, TTM YoY, FY25 Q4: -22.6% Revenue growth, TTM YoY, FY26 Q1: -31.4% Revenue growth, TTM YoY, FY26 Q2: -42.9% -42.9%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q1 -42.7%
FY24 Q2 -29.4%
FY24 Q3 -18.3%
FY24 Q4 -14.4%
FY25 Q1 -8.8%
FY25 Q2 -12.8%
FY25 Q3 -20.5%
FY25 Q4 -22.6%
FY26 Q1 -31.4%
FY26 Q2 -42.9%
Operating margin (TTM) System1, Inc.
-60% -40% -20% 0% FY23 Q3 FY24 Q2 FY25 Q1 FY26 Q2 Operating margin (TTM), FY23 Q3: -27.2% Operating margin (TTM), FY23 Q4: -21.4% Operating margin (TTM), FY24 Q1: -23.9% Operating margin (TTM), FY24 Q2: -26.1% Operating margin (TTM), FY24 Q3: -26.3% Operating margin (TTM), FY24 Q4: -25.8% Operating margin (TTM), FY25 Q1: -22.8% Operating margin (TTM), FY25 Q2: -19.8% Operating margin (TTM), FY25 Q3: -19.5% Operating margin (TTM), FY25 Q4: -23.3% Operating margin (TTM), FY26 Q1: -43.7% Operating margin (TTM), FY26 Q2: -51.0% -51.0%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period Operating margin (TTM)
FY23 Q3 -27.2%
FY23 Q4 -21.4%
FY24 Q1 -23.9%
FY24 Q2 -26.1%
FY24 Q3 -26.3%
FY24 Q4 -25.8%
FY25 Q1 -22.8%
FY25 Q2 -19.8%
FY25 Q3 -19.5%
FY25 Q4 -23.3%
FY26 Q1 -43.7%
FY26 Q2 -51.0%
FCF margin (TTM) System1, Inc.
-10% -5% 0% 5% FY23 Q2 FY24 Q1 FY24 Q4 FY26 Q1 FCF margin (TTM), FY23 Q2: 2.0% FCF margin (TTM), FY23 Q3: -0.9% FCF margin (TTM), FY23 Q4: -6.7% FCF margin (TTM), FY24 Q1: -10.0% FCF margin (TTM), FY24 Q2: -9.0% FCF margin (TTM), FY24 Q3: -6.9% FCF margin (TTM), FY24 Q4: -1.5% FCF margin (TTM), FY25 Q1: -1.6% FCF margin (TTM), FY25 Q2: 2.9% FCF margin (TTM), FY25 Q3: 2.5% FCF margin (TTM), FY25 Q4: -1.6% FCF margin (TTM), FY26 Q1: -6.3% -6.3%

Source: SEC EDGAR filings. Retrieved October 29, 2026.

View chart data
Period FCF margin (TTM)
FY23 Q2 2.0%
FY23 Q3 -0.9%
FY23 Q4 -6.7%
FY24 Q1 -10.0%
FY24 Q2 -9.0%
FY24 Q3 -6.9%
FY24 Q4 -1.5%
FY25 Q1 -1.6%
FY25 Q2 2.9%
FY25 Q3 2.5%
FY25 Q4 -1.6%
FY26 Q1 -6.3%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025 LTM Jun 2026
Income
Revenue 688 612 402 344 266 181
Gross profit — — 161 101 100 92
EBITDA 65 −388 −8 −8 −61 —
Operating income 51 −458 −86 −89 −62 −92
Net income 33 −330 −227 −75 −65 −92
Diluted EPS — −$37.00 −$2.48 −$10.74 −$8.32 −$11.31
Growth (year on year)
Revenue — −11.1% −34.3% −14.4% −22.6% −42.9%
EBITDA — −699.9% — — — —
Operating income — <−999% — — — —
Net income — <−999% — — — —
Margins
Gross margin — — 40.1% 29.5% 37.7% 50.7%
EBITDA margin 9.4% −63.4% −1.9% −2.5% −23.1% —
Operating margin 7.4% −74.8% −21.4% −25.8% −23.3% −51.0%
Net margin 4.8% −54.0% −56.5% −21.7% −24.6% −50.7%
Free-cash-flow margin 8.8% −0.0% −6.7% −1.5% −1.6% —
Cash flow
Cash from operations 61 3 −25 −5 −4 −41
Capital spending 0 4 2 0 0 —
Free cash flow 61 −0 −27 −5 −4 —
Stock-based pay 0 108 53 16 11 7
Free cash flow after stock pay 60 −109 −80 −21 −16 —
Balance sheet
Cash 48 9 135 64 87 40
Total debt 170 435 365 280 305 292
Net debt (negative = net cash) 123 426 230 216 218 251
Diluted shares — 9m 9m 7m 8m 8m
Returned to shareholders
Buybacks 0 510 0 0 1 —
Total returned 0 510 0 0 1 —

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

0 of 5 checks passed · June 30, 2026
What it owns · $291m
Short-term assets $90mLonger-term assets $202m
What it owes, and who funded it · $344m
Short-term liabilities $117mLonger-term liabilities $227mShareholders' equity $-27m
  • Short-term assets cover short-term liabilities $90m of assets due within a year against $117m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $90m short-term assets against $227m of longer-dated liabilities.
  • More cash than debt $40m of cash against $292m of debt.
  • Debt below 40% of shareholders' equity Equity or debt not reported. Not assessable.
  • Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
  • A year's operating cash flow covers at least 20% of debt −$41m of operating cash flow against $292m of debt.
  • Operating profit covers interest at least five times over Operating income of −$92m against $27m of interest.

From System1, Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Buybacks, last 3 fiscal years
$557,000
Sales & admin spending
37.0%
of revenue
Days sales outstanding
83 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in interactive media & services
Last 12 months unless stated SST BZFD CMCM CHR NXDR RUM Median
Revenue, last 12 months $181m $171m $160m $149m $275m $118m $615m
Revenue growth, last 12 months −42.9% −12.1% 42.7% 1.1% 9.8% 13.0% 2.4%
Revenue growth, 3-year average −29.4% −11.3% — — 8.7% 17.0% 5.0%
Revenue growth, latest quarter −61.3% −21.8% — −29.1% 14.5% 60.9% 2.4%
Gross margin 50.7% — 72.5% 71.0% 84.2% 27.6% 60.4%
Operating margin −51.0% −31.9% −15.6% 17.7% −16.6% −147.5% 0.3%
Operating margin, 3-year average −32.3% −18.4% −12.0% — −42.6% −151.8% −0.4%
Net margin −50.7% −35.8% −22.4% 17.2% −11.1% −134.6% 3.8%
Cash from operations / revenue −22.6% −9.0% −15.0% 12.1% 4.6% −90.3% 11.4%
Free-cash-flow margin −6.3% −9.8% −16.0% 12.1% 4.5% −130.1% 7.5%
Free-cash-flow margin, 3-year average −5.9% −8.4% 1.2% — −6.0% −115.6% 7.2%
Stock pay / revenue 3.7% 3.6% 1.7% 0.2% 22.1% 18.8% 3.7%
Change in share count — 9.5% 2.0% 415.4% 1.2% 17.5% 2.0%

Median of all 63 companies we cover in interactive media & services. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

63 interactive media & services companies
Measure Company Peer median Rank
Revenue growth Growth -42.9% 2.4% 61 of 63
Change in growth rate Growth -11.5pp -0.2pp 60 of 63
Gross margin Profitability 50.7% 60.9% 32 of 54
Operating margin Profitability -51.0% 0.3% 54 of 63
Net margin Profitability -50.7% 3.8% 54 of 63
Free-cash-flow margin Cash generation -6.3% 8.9% 49 of 59
Stock pay as % of revenue Cash generation 3.7% 3.9% 30 of 61
Long-term debt as % of assets Balance sheet 73.7% 16.9% 29 of 32
Days sales outstanding Balance sheet 83 days 49 days 44 of 54

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to December 31, 2025
Segments
Line of business Revenue Share YoY
Marketing $173M 65.0% ▼ 34.4%
Products $93.2M 35.0% ▲ 15.8%
Geography
Region Revenue Share YoY
United States $263M 98.8% ▼ 21.0%
Outside the US $3.2M 1.2% ▼ 70.8%

From System1, Inc.'s 10-K filed March 11, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Who owns it

Funds buying and selling
Reported value
$1.4M
Institutions reporting
21
Shares held vs prior quarter
▼ 27.7%
Positions opened / closed
8 / 10

Top buyers and sellers, Q2 2026: 10 institutions bought and 15 sold ; the biggest buyer was Vanguard Capital Management LLC (+90K shares) and the biggest seller Cannae Holdings, Inc (−357K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Bank Of America Corp $373,095 162K 27.0% 0.0%
Vanguard Capital Management LLC $294,701 128K 21.3% ▲ 243.6%
Cerity Partners LLC $269,910 117K 19.5% 0.0%
Crescent Grove Advisors, LLC $174,509 76K 12.6% New
Blackrock, Inc. $100,145 43K 7.2% ▲ 78.8%
Morgan Stanley $30,340 13K 2.2% New
Geode Capital Management, LLC $28,934 13K 2.1% ▼ 47.5%
Leonteq Securities AG $28,875 13K 2.1% New
Price T Rowe Associates Inc $28,000 12K 2.0% New
State Street Corp $26,570 12K 1.9% 0.0%
Vanguard Fiduciary Trust Co $21,116 9K 1.5% 0.0%
Royal Bank Of Canada $3,000 1K 0.2% New

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not System1, Inc.'s complete shareholder register. Values are as reported by the filers .

Insider trading activity

Full insider history and chart
Insider purchases History → $80,730 1 trade by 1 insider, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $80,730 net buying
Insider Date Trade Shares Price Value
Kidambi Tridivesh Chief Financial Officer April 15, 2026 Buy 26,910 $3.00 $80,730

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 12, 2026
  • March 11, 2026
  • November 5, 2025
  • August 7, 2025
  • May 6, 2025

Recent SEC filings

Data status

When each part of this page on System1, Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

System1, Inc. in brief

What does System1, Inc. do?
System1, Inc. is a US-listed company in the interactive media & services industry. Its financial year ends in December.
What is System1, Inc.'s stock ticker?
System1, Inc. trades under the ticker SST on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is System1, Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, System1, Inc. reported revenue of $181M, 42.9% lower than a year earlier, according to its SEC filings.
What is System1, Inc.'s free cash flow?
System1, Inc.'s free-cash-flow margin is -6.3% of revenue over the trailing twelve months, ranking 49 of the 59 interactive media & services companies we cover.
Who are System1, Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Bank Of America Corp, Vanguard Capital Management LLC and Cerity Partners LLC. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is System1, Inc.'s market cap?
On November 2, 2026, System1, Inc.'s market capitalisation was about $13.7M and net debt of $251M. Market figures come from third-party market data and may be delayed.
Who are System1, Inc.'s competitors?
In our Interactive Media & Services peer group, the companies closest to System1, Inc. are Buzzfeed, Inc., Cheetah Mobile Inc., Cheer Holding, Inc., Nextdoor Holdings, Inc. and RUM Group Inc. The side-by-side comparison below sets their revenue, margins and growth against System1, Inc.'s.
Are insiders buying or selling System1, Inc. stock?
Over the last 12 months, System1, Inc.'s directors and officers reported 1 open-market purchases and 0 sales on Form 4. The insider trading page charts every trade.
When is System1, Inc.'s next earnings date?
Around November 12, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — System1, Inc. announces its own schedule.