System1
Quarterly Financials
| Values in thousands | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 |
|---|---|---|---|---|
Revenue | $51,940 | $61,561 | $78,115 | $74,513 |
Gross Profit | 21,314 | 22,742 | 27,903 | 28,436 |
EBITDA | 3,615 | 5,295 | 4,593 | 7,319 |
EBIT | -17,415 | -15,494 | -15,973 | -13,158 |
Net Income | -13,483 | -18,516 | -17,463 | -15,883 |
Net Change In Cash | 51,940 | 61,561 | 78,115 | 74,513 |
Free Cash Flow | -13,699 | -4,041 | 24,492 | -17,497 |
Cash | 86,887 | 54,589 | 63,648 | 43,913 |
Basic Shares | 8,087 | 8,054 | 7,820 | 74,389 |
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 | 100,395 | 152,364 | 46,721 | 15,369 |
EBITDA | 20,822 | 14,001 | -4,481 | -51,949 |
EBIT | -62,040 | -66,106 | -82,884 | -121,596 |
Net Income | -65,345 | -74,673 | -227,221 | -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 |
|---|---|
2025-12-31 | -$1.93 |
2025-09-30 | -$2.30 |
2025-06-30 | -$2.23 |
2025-03-31 | -$0.19 |
