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System1, Inc. revenue

System1, Inc.'s revenue was $266m in fiscal 2025, down 22.6% on the year before. Since fiscal 2021 ($688m) it has grown at a compound -21.1% a year. Over the last twelve months it was $181m.

Revenue history

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

Fiscal year2021Dec 20212022Dec 20222023Dec 20232024Dec 20242025Dec 2025LTMJun 2026
Revenue688612402344266181
Growth on the year before—−11.1%−34.3%−14.4%−22.6%—
Gross profit——16110110092
Gross margin——40.1%29.5%37.7%50.7%

Revenue as reported in the company's 10-K and 10-Q filings (for banks, net interest income plus non-interest income). Growth is left blank when the earlier figure was zero or negative.

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.

Revenue against peers

Interactive Media & Services: the closest covered companies by revenue. Last twelve months.

CompanyRevenueGrowth3-year growth a year
System1, Inc. $181m -42.9% -29.4%
Buzzfeed, Inc. $171m -12.1% -11.3%
Cheetah Mobile Inc. $160m 42.7% —
Cheer Holding, Inc. $149m 1.1% —
Nextdoor Holdings, Inc. $275m 9.8% 8.7%
RUM Group Inc. $118m 13.0% 17.0%

Compare with peers

Head to head: BZFD vs SSTCMCM vs SSTCHR vs SST

More: Interactive Media & Services stocks compared, Communication Services sector, rankings of US companies

Figures from System1, Inc.'s SEC filings (10-K and 10-Q), retrieved October 29, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to System1, Inc.