SST
System1, Inc.
NYSEUSDEQUITY
DELAYED
Last price
1.95
▲ 0.01 (0.52%)
MARKET · —
Price
Too many bars for candle bodies at this width — showing high/low range per bar. Zoom in or pick a shorter range.
Open
1.93
Prev close
1.94
Day high
2.05
Day low
1.88
Volume
30.24K
Market cap
—
P/E (TTM)
—
52W range
1.35 – 9.30
Options chain
Calls
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Puts
| Strike | Last | Bid | Ask | Vol | OI | IV |
|---|---|---|---|---|---|---|
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
| 000.00 | 0.00 | 0.00 | 0.00 | 0 | 0 | 0.0% |
Every listed expiry, both sides of the book, with volume, open interest and implied volatility.
Trailing performance
Returnvs SPY
1W
-17.87%
-16.5%
1M
+6.63%
+2.9%
3M
-24.90%
-28.0%
6M
-45.03%
-56.1%
YTD
-50.77%
-63.1%
1Y
-69.94%
-89.9%
3Y
-89.90%
-164.1%
5Y
—
—
Price return only. Dividends are not reinvested, so total return on a dividend payer will be higher than shown.
Fundamentals
Market cap—
Enterprise value—
Revenue (TTM)—
Gross profit—
EBITDA—
Net income—
EPS (TTM)—
Free cash flow—
Total cash—
Total debt—
Book value / share—
Shares outstanding—
Float—
Short % of float—
Dividend yield—
Beta (5Y)—
Valuation & profitability ratios
Trailing P/E—
Forward P/E—
PEG ratio—
Price / sales—
Price / book—
EV / revenue—
EV / EBITDA—
Gross margin—
Operating margin—
Profit margin—
Return on equity—
Return on assets—
Debt / equity—
Current ratio—
Fourteen ratios including P/E, PEG, EV/EBITDA, margins and return on equity.
Financial statements
| Line item | 2025 | 2024 | 2023 | 2022 | 2021 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $266.13M | $343.93M | $401.97M | — | $688.39M | -22.6% |
| Operating revenue | $266.13M | $343.93M | $401.97M | — | $688.39M | -22.6% |
| Cost of revenue | $165.73M | $242.60M | $248.75M | — | $521.11M | -31.7% |
| Gross profit | $100.39M | $101.32M | $153.23M | — | $167.28M | -0.9% |
| Selling, general & admin | $162.44M | $189.92M | $160.81M | — | $102.56M | -14.5% |
| Total operating expense | $162.44M | $189.92M | $239.22M | — | $116.44M | -14.5% |
| Operating income | -$62.04M | -$88.60M | -$85.99M | — | $50.83M | +30.0% |
| Net interest income | -$27.56M | -$31.56M | -$48.74M | — | -$16.87M | +12.7% |
| Pre-tax income | -$84.07M | -$97.67M | -$131.63M | — | $33.96M | +13.9% |
| Tax provision | -$2.88M | -$370.00K | -$20.37M | — | $965.00K | -677.0% |
| Net income | -$65.34M | -$74.67M | -$227.22M | — | $33.00M | +12.5% |
| Net income to common | -$65.34M | -$74.67M | -$227.22M | — | $33.00M | +12.5% |
| Basic EPS | -8.32 | -10.14 | -24.80 | — | 4.04 | +17.9% |
| Diluted EPS | -8.32 | -10.14 | -24.80 | — | 4.04 | +17.9% |
| EBIT | -$56.51M | -$66.11M | -$82.88M | — | $50.83M | +14.5% |
| EBITDA | $26.35M | $14.00M | $22.32M | — | $64.72M | +88.2% |
| Basic shares | 7.85M | 7.37M | 9.15M | 9.17M | — | +6.6% |
| Diluted shares | 7.85M | 7.37M | 9.15M | 9.17M | — | +6.6% |
| Line item | 2025 | 2024 | 2023 | 2022 | YoY |
|---|---|---|---|---|---|
| Cash & equivalents | $86.89M | $63.61M | $135.34M | $8.90M | +36.6% |
| Cash & short-term investments | $86.89M | $63.61M | $135.34M | $8.90M | +36.6% |
| Accounts receivable | $57.29M | $62.92M | $56.09M | $80.43M | -8.9% |
| Total current assets | $149.48M | $134.48M | $202.00M | $126.51M | +11.2% |
| Property, plant & equipment | $10.68M | $4.75M | $7.82M | $9.65M | +125.0% |
| Goodwill & intangibles | $244.17M | $319.18M | $390.83M | $461.02M | -23.5% |
| Total assets | $404.97M | $459.13M | $605.47M | $1.16B | -11.8% |
| Total current liabilities | $146.44M | $105.09M | $86.42M | $211.07M | +39.3% |
| Current debt | $76.72M | $16.41M | $15.27M | $15.02M | +367.7% |
| Long-term debt | $228.40M | $255.12M | $334.23M | $399.50M | -10.5% |
| Total debt | $314.73M | $274.98M | $355.42M | $422.55M | +14.5% |
| Total liabilities | $387.55M | $374.13M | $436.15M | $689.78M | +3.6% |
| Retained earnings | -$847.68M | -$782.34M | -$707.66M | -$439.30M | -8.4% |
| Shareholder equity | $30.47M | $80.26M | $135.28M | $392.02M | -62.0% |
| Working capital | $3.04M | $29.38M | $115.59M | -$84.57M | -89.6% |
| Net tangible assets | -$213.70M | -$238.92M | -$255.56M | -$69.00M | +10.6% |
| Shares issued | 8.22M | 7.37M | 6.59M | 9.17M | +11.7% |
| Line item | 2025 | 2024 | 2023 | 2021 | YoY |
|---|---|---|---|---|---|
| Net income | -$81.19M | -$97.30M | -$285.58M | $33.00M | +16.6% |
| Depreciation & amortisation | $82.86M | $80.11M | $105.21M | $13.88M | +3.4% |
| Stock-based compensation | $14.74M | $33.71M | $53.09M | $413.00K | -56.3% |
| Change in working capital | -$18.97M | -$2.92M | -$5.16M | $5.08M | -549.1% |
| Operating cash flow | -$4.15M | -$5.25M | -$24.74M | $60.70M | +21.1% |
| Capital expenditure | -$6.72M | -$6.25M | -$7.96M | -$6.54M | -7.5% |
| Investing cash flow | -$6.72M | -$6.25M | $203.18M | -$6.54M | -7.5% |
| Share buybacks | -$557.00K | $0 | $0 | $0 | — |
| Dividends paid | — | — | -$97.00K | -$14.58M | — |
| Financing cash flow | $31.30M | -$63.96M | -$74.07M | -$34.59M | +148.9% |
| Free cash flow | -$10.87M | -$11.51M | -$32.70M | $54.17M | +5.6% |
| End cash position | $88.51M | $67.95M | $143.45M | $48.64M | +30.3% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Total revenue | $30.20M | $37.23M | $51.94M | $61.56M | $78.11M | -18.9% |
| Operating revenue | $30.20M | $37.23M | $51.94M | $61.56M | $78.11M | -18.9% |
| Cost of revenue | $5.93M | $13.86M | $30.63M | $38.82M | $50.21M | -57.2% |
| Gross profit | $24.27M | $23.37M | $21.31M | $22.74M | $27.90M | +3.9% |
| Selling, general & admin | $31.65M | $37.59M | $38.76M | $38.31M | $43.81M | -15.8% |
| Total operating expense | $31.65M | $37.59M | $38.76M | $38.31M | $43.81M | -15.8% |
| Operating income | -$7.38M | -$14.21M | -$17.44M | -$15.56M | -$15.90M | +48.1% |
| Net interest income | -$7.12M | -$6.63M | -$6.30M | -$7.05M | -$7.12M | -7.3% |
| Pre-tax income | -$15.41M | -$57.67M | -$18.19M | -$22.55M | -$23.09M | +73.3% |
| Tax provision | -$75.00K | -$75.00K | -$398.00K | -$543.00K | -$1.55M | 0.0% |
| Net income | -$12.60M | -$47.07M | -$13.48M | -$18.52M | -$17.46M | +73.2% |
| Net income to common | -$12.60M | -$47.07M | -$13.48M | -$18.52M | -$17.46M | +73.2% |
| Basic EPS | -1.54 | -5.82 | -1.67 | -2.30 | -2.23 | +73.5% |
| Diluted EPS | -1.54 | -5.82 | -1.67 | -2.30 | -2.23 | +73.5% |
| EBIT | -$8.29M | -$51.04M | -$11.89M | -$15.49M | -$15.97M | +83.8% |
| EBITDA | -$1.47M | -$38.91M | $9.14M | $5.29M | $4.59M | +96.2% |
| Basic shares | 8.16M | 8.09M | 8.09M | 8.05M | 7.82M | +0.9% |
| Diluted shares | 8.16M | 8.09M | 8.09M | 8.05M | 7.82M | +0.9% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | YoY |
|---|---|---|---|---|---|---|
| Cash & equivalents | $40.48M | $51.51M | $86.89M | $54.59M | $63.65M | -21.4% |
| Cash & short-term investments | $40.48M | $51.51M | $86.89M | $54.59M | $63.65M | -21.4% |
| Accounts receivable | $40.98M | $53.26M | $57.29M | $54.36M | $70.22M | -23.1% |
| Total current assets | $89.52M | $111.74M | $149.48M | $116.62M | $141.36M | -19.9% |
| Property, plant & equipment | $9.67M | $10.18M | $10.68M | $4.58M | $5.22M | -5.0% |
| Goodwill & intangibles | $191.51M | $197.66M | $244.17M | $263.29M | $281.96M | -3.1% |
| Total assets | $291.37M | $320.32M | $404.97M | $385.16M | $429.25M | -9.0% |
| Total current liabilities | $116.96M | $125.85M | $146.44M | $102.12M | $119.89M | -7.1% |
| Current debt | $76.92M | $76.82M | $76.72M | $24.13M | $21.54M | +0.1% |
| Long-term debt | $214.88M | $221.65M | $228.40M | $235.11M | $241.79M | -3.1% |
| Total debt | $300.64M | $307.68M | $314.73M | $262.70M | $267.37M | -2.3% |
| Total liabilities | $344.38M | $359.35M | $387.55M | $350.90M | $375.81M | -4.2% |
| Retained earnings | -$907.35M | -$894.75M | -$847.68M | -$834.20M | -$815.68M | -1.4% |
| Shareholder equity | -$26.67M | -$15.42M | $30.47M | $42.68M | $58.20M | -72.9% |
| Working capital | -$27.44M | -$14.11M | $3.04M | $14.49M | $21.48M | -94.4% |
| Net tangible assets | -$218.18M | -$213.09M | -$213.70M | -$220.61M | -$223.76M | -2.4% |
| Shares issued | 9.99M | 8.30M | 8.22M | 8.10M | 8.01M | +20.4% |
| Line item | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | YoY |
|---|---|---|---|---|---|---|---|
| Net income | -$15.33M | -$57.59M | -$17.79M | -$22.00M | -$21.54M | — | +73.4% |
| Depreciation & amortisation | $6.82M | $12.13M | $21.03M | $20.79M | $20.57M | — | -43.8% |
| Stock-based compensation | $1.35M | $1.26M | $2.19M | $3.71M | $5.38M | — | +7.2% |
| Change in working capital | $2.94M | -$19.53M | -$11.75M | -$5.35M | $19.03M | — | +115.0% |
| Operating cash flow | -$2.04M | -$26.13M | -$10.64M | -$2.05M | $24.49M | — | +92.2% |
| Capital expenditure | -$1.36M | -$2.17M | -$1.63M | -$2.31M | -$1.24M | — | +37.2% |
| Investing cash flow | -$1.36M | -$2.17M | -$1.63M | -$1.99M | -$1.56M | — | +37.2% |
| Share buybacks | — | -$202.00K | — | — | — | $0 | — |
| Dividends paid | — | — | — | — | — | -$12.00K | — |
| Financing cash flow | -$7.49M | -$7.74M | $44.41M | -$5.01M | -$2.79M | — | +3.2% |
| Free cash flow | -$3.40M | -$28.31M | -$12.27M | -$4.36M | $23.25M | — | +88.0% |
| End cash position | $41.36M | $52.39M | $88.51M | $56.21M | $65.27M | — | -21.1% |
Analyst targets & ownership
Mean target—
High target—
Low target—
Implied upside—
Analyst count—
Consensus—
Strong buy / Buy— / —
Hold—
Sell / Strong sell— / —
Held by insiders—
Held by institutions—
Institutions holding—
Price targets, consensus spread, insider and institutional ownership.
Moving averages & technicals
SMA 10
1.95
-0.10% from price
SMA 20
1.86
+3.51% from price
SMA 50
2.22
-13.25% from price
SMA 100
2.74
-28.71% from price
SMA 200
3.21
-39.80% from price
EMA 12
1.95
-0.05% from price
EMA 26
2.00
-2.34% from price
EMA 50
2.21
-11.61% from price
RSI (14)
47.8
Neutral
MACD (12,26,9)
-0.05
Hist 0.05
ATR (14)
0.28
14.47% of price
Realised vol 30D
154.8%
Annualised
Bollinger upper
2.24
20, 2σ
Bollinger lower
1.49
20, 2σ
50 / 200 cross
Death
2.22 vs 3.21
Trend bias
Below 200
-39.80%
Risk profile
Beta vs SPY
-0.29
Less volatile than market
Correlation to SPY
-0.02
Largely independent
Realised vol 30D
154.8%
Annualised
Market vol 1Y
12.9%
SPY, annualised
Max drawdown 1Y
-84.6%
Peak to trough
Max drawdown 5Y
-99.5%
Peak to trough
ATR 14
0.28
14.47% of price
Beta (reported)
—
5Y monthly, from filing
Headlines
System1 (SST) Q2 2026 Earnings Call Transcript
Motley Fool · 10d ago
System1, Inc. Q2 2026 Earnings Call Summary
Moby · 16d ago
System1 Announces Second Quarter 2026 Financial Results and Launch of New Agentic Products
Business Wire · 17d ago
MapQuest Opens Its Mapping Platform to AI Agents with a New Model Context Protocol (MCP) Server, Plus 1 Billion Free Transactions to Celebrate
Business Wire · 17d ago
System1 Launches Dogpile Fetch, a New Search MCP Server From the Internet’s Original Metasearch Engine, Giving AI Agents a Wider View of the Web
Business Wire · 30d ago
System1 to Report Second Quarter 2026 Financial Results
Business Wire · 31d ago
Parallel Bio Establishes San Francisco Bay Area as U.S. Headquarters, Appoints Five Industry Leaders to Advisory Board
Business Wire · 67d ago
Favourable Signals For System1: Numerous Insiders Acquired Stock
Simply Wall St. · 72d ago
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