System1
Quarterly Financials
| Values in thousands | 2026-06-30 | 2026-03-31 | 2025-12-31 | 2025-09-30 |
|---|---|---|---|---|
Revenue | $30,200 | $37,234 | $51,940 | $61,561 |
Gross Profit | 24,274 | -4,647 | -6,266 | -6,058 |
EBITDA | 10,660 | -2,086 | 3,586 | 5,224 |
EBIT | -8,291 | -14,215 | -17,444 | -15,565 |
Net Income | -12,599 | -47,067 | -13,483 | -18,516 |
Net Change In Cash | 30,200 | 37,234 | 51,940 | 61,561 |
Free Cash Flow | -31,709 | -28,309 | -13,699 | -4,041 |
Cash | 40,484 | 51,514 | 86,887 | 54,589 |
Basic Shares | 8,164 | 8,090 | 8,087 | 8,054 |
Annual Financials
| Values in thousands | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
Revenue | $266,129 | $343,925 | $401,971 | $664,941 |
Gross Profit | -22,172 | -41,255 | -31,682 | -55,100 |
EBITDA | 20,822 | -8,494 | -7,586 | -51,127 |
EBIT | -62,040 | -88,601 | -85,989 | -121,596 |
Net Income | -65,345 | -74,673 | -222,974 | -367,453 |
Net Change In Cash | 266,129 | 343,925 | 401,971 | 664,941 |
Cost of Revenue | 5,027 | |||
Free Cash Flow | -4,193 | -5,286 | -32,702 | -17,662 |
Cash | 86,887 | 63,607 | 135,343 | 8,905 |
Basic Shares | 7,854 | 69,554 | 91,454 | 91,674 |
Earnings Calls
| Quarter | EPS |
|---|---|
2026-06-30 | -$1.54 |
2026-03-31 | -$5.81 |
2025-12-31 | -$1.93 |
2025-09-30 | -$2.30 |