Quick Answer
System1, Inc. reported Total Revenue of $266.13 million for fiscal year 2025.
System1, Inc. — Key Financials by Year
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Total Revenue | $266.13M -22.6% |
$343.93M -14.4% |
$401.97M +662.6% |
$52.71M -92.3% |
$688.39M | — |
| Revenue (ASC 606) | $266.13M -22.6% |
$343.93M -14.4% |
$401.97M +662.6% |
$52.71M -92.3% |
$688.39M | — |
| Net Income | -$65.34M +12.5% |
-$74.67M +67.1% |
-$227.22M -513.1% |
-$37.06M -212.3% |
$33.00M +210.3% |
-$29.91M |
| Diluted EPS | -$8.32 +22.5% |
-$10.74 -333.1% |
-$2.48 +33.0% |
-$3.70 | — | — |
| Total Assets | $404.97M -11.8% |
$459.13M -24.2% |
$605.47M -47.8% |
$1.16B +351.7% |
$256.91M -50.5% |
$518.55M |
| Cash and Equivalents | $86.89M +36.6% |
$63.61M -53.0% |
$135.34M +267.5% |
$36.83M -23.1% |
$47.90M +5577.3% |
$843.6K |
| Long-Term Debt | $228.40M -10.5% |
$255.12M | — | — | — | — |
| Stockholders Equity | $30.47M -62.0% |
$80.26M -40.7% |
$135.28M -83.4% |
$813.27M +2963.5% |
-$28.40M | $0.00 |
| Operating Income | -$62.04M +30.0% |
-$88.60M -3.0% |
-$85.99M -134.7% |
-$36.64M -172.1% |
$50.83M +6406.4% |
-$806.0K |
Most Recent Quarter
| Metric | Quarter Ending | Value | YoY | QoQ |
|---|---|---|---|---|
| Total Revenue | September 30, 2025 | $61.56M | -30.7% | -21.2% |
| Revenue (ASC 606) | September 30, 2025 | $61.56M | -30.7% | -21.2% |
| Net Income | September 30, 2025 | -$18.52M | +21.5% | -6.0% |
| Diluted EPS | September 30, 2025 | -$2.30 | +31.8% | -3.1% |
| Total Assets | September 30, 2025 | $385.16M | -19.6% | -10.3% |
| Cash and Equivalents | September 30, 2025 | $54.59M | -21.0% | -14.2% |
| Long-Term Debt | September 30, 2025 | $235.11M | — | -2.8% |
| Stockholders Equity | September 30, 2025 | $42.68M | -52.7% | -26.7% |
| Operating Income | September 30, 2025 | -$15.56M | +28.7% | +2.1% |
| Shares Outstanding | March 31, 2024 | 21.20M | — | -1.4% |
- System1, Inc. reported Total Revenue of $266.13 million for fiscal year 2025.
- System1, Inc. showed a decrease of -22.6% in Total Revenue compared to the prior fiscal year.
- System1, Inc. reported Revenue (ASC 606) of $266.13 million for fiscal year 2025.
- System1, Inc. showed a decrease of -22.6% in Revenue (ASC 606) compared to the prior fiscal year.
- System1, Inc. reported Net Income of -$65.34 million for fiscal year 2025.
- System1, Inc. showed an increase of +12.5% in Net Income compared to the prior fiscal year.
- System1, Inc. reported Diluted EPS of $8.32 per share (loss) for fiscal year 2025.
- System1, Inc. showed an increase of +22.5% in Diluted EPS compared to the prior fiscal year.
- System1, Inc. reported Total Assets of $404.97 million for fiscal year 2025.
- System1, Inc. showed a decrease of -11.8% in Total Assets compared to the prior fiscal year.
- System1, Inc. reported Cash and Equivalents of $86.89 million for fiscal year 2025.
- System1, Inc. showed an increase of +36.6% in Cash and Equivalents compared to the prior fiscal year.
- System1, Inc. reported Long-Term Debt of $228.40 million for fiscal year 2025.
- System1, Inc. showed a decrease of -10.5% in Long-Term Debt compared to the prior fiscal year.
- System1, Inc. reported Stockholders Equity of $30.47 million for fiscal year 2025.
- System1, Inc. showed a decrease of -62.0% in Stockholders Equity compared to the prior fiscal year.
- System1, Inc. reported Operating Income of -$62.04 million for fiscal year 2025.
- System1, Inc. showed an increase of +30.0% in Operating Income compared to the prior fiscal year.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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