System1 (SST) Revenue & Revenue Breakdown
System1 Revenue Highlights
Latest Revenue (Y)
$266.13M
Latest Revenue (Q)
$78.11M
Main Segment (Y)
Marketing Segment
Main Geography (Y)
UNITED STATES
System1 Revenue by Period
System1 Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2025-12-31 | $266.13M | -22.62% |
| 2024-12-31 | $343.93M | -14.44% |
| 2023-12-31 | $401.97M | -39.55% |
| 2022-12-31 | $664.94M | -3.41% |
| 2021-12-31 | $688.39M | 44.63% |
| 2020-12-31 | $475.98M | 16.81% |
| 2019-12-31 | $407.49M | 53.46% |
| 2018-12-31 | $265.53M | - |
System1 generated $266.13M in revenue during NA 2025, up -22.62% compared to the previous quarter, and up 55.91% compared to the same period a year ago.
System1 Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2025-06-30 | $78.11M | 4.83% |
| 2025-03-31 | $74.51M | -1.43% |
| 2024-12-31 | $75.59M | -14.90% |
| 2024-09-30 | $88.83M | -6.08% |
| 2024-06-30 | $94.58M | 11.38% |
| 2024-03-31 | $84.92M | -11.66% |
| 2023-12-31 | $96.12M | 9.45% |
| 2023-09-30 | $87.82M | -40.36% |
| 2023-06-30 | $147.24M | 21.57% |
| 2023-03-31 | $121.12M | -35.18% |
| 2022-12-31 | $186.86M | -7.12% |
| 2022-09-30 | $201.18M | -8.47% |
| 2022-06-30 | $219.80M | 261.21% |
| 2022-03-31 | $60.85M | -112.45% |
| 2021-12-31 | $-488.59M | -384.98% |
| 2021-09-30 | $171.45M | 1.10% |
| 2021-06-30 | $169.58M | 14.92% |
| 2021-03-31 | $147.56M | 8.70% |
| 2020-12-31 | $135.75M | 100.00% |
| 2020-09-30 | - | 100.00% |
| 2020-06-30 | - | - |
System1 generated $78.11M in revenue during Q2 2025, up 4.83% compared to the previous quarter, and up 91.99% compared to the same period a year ago.
System1 Revenue Breakdown
System1 Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 25 | Dec 24 | Dec 23 | Dec 22 |
|---|---|---|---|---|
| Products Segment | $93.24M | - | - | - |
| Marketing Segment | $172.89M | - | - | - |
| Partner Network | - | $61.99M | $73.04M | $55.93M |
| Subscription | - | - | - | $161.71M |
System1's latest annual revenue breakdown by segment (product or service), as of Dec 25: Marketing Segment (64.96%), and Products Segment (35.04%).
Quarterly Revenue by Product
| Product/Service | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Products Segment | $46.77M | $22.50M | $23.97M | - | - | - | - | - | - | - | - | - | - | - | - |
| Marketing Segment | $79.68M | $39.06M | $54.14M | - | - | - | - | - | - | - | - | - | - | - | - |
| Partner Network | - | - | - | $16.59M | $28.07M | $18.03M | $15.89M | $16.70M | $21.63M | $19.61M | $15.09M | $24.61M | $10.02M | $13.32M | $7.98M |
| Owned and Operated | - | - | - | - | - | - | - | - | $66.19M | $77.30M | $106.03M | $146.88M | $163.71M | $130.26M | - |
| Subscription | - | - | - | - | - | - | - | - | - | $50.32M | $46.74M | $46.79M | $44.28M | $42.77M | $27.87M |
System1's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Marketing Segment (63.01%), and Products Segment (36.99%).
System1 Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 25 | Dec 24 | Dec 23 | Dec 22 |
|---|---|---|---|---|
| Non-US | $3.17M | $10.86M | $16.12M | $18.39M |
| UNITED STATES | $262.96M | $333.07M | $385.85M | $593.53M |
System1's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (98.81%), and Non-US (1.19%).
Quarterly Revenue by Country
| Country | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-US | - | $2.17M | $2.91M | $2.83M | $4.00M | $3.62M | $3.23M | $2.51M | $6.31M | $3.50M | $3.80M | $5.44M | $169.00K | $9.00M | $3.78M |
| UNITED STATES | $56.68M | $59.39M | $75.21M | $71.69M | $166.17M | $85.22M | $81.68M | $93.73M | $81.51M | $93.41M | $117.20M | $134.32M | $156.73M | $167.87M | $134.61M |
System1's latest quarterly revenue breakdown by geography, as of Dec 25: UNITED STATES (100.00%).
System1 Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| TISI | Team | $896.48M | $224.98M |
| OMEX | Odyssey Marine Exploration | $768.68M | $60.98M |
| MESA | Mesa Air Group | $498.06M | $90.68M |
| AIRT | Air T | $286.83M | $71.13M |
| SST | System1 | $266.13M | $78.11M |
| HTCO | High-Trend Group | $108.18M | - |
| PMEC | Primech Ltd. Ordinary Shares | $69.03M | $37.36M |
| YSXT | YSX Tech. | $58.55M | $34.09M |
| SPCB | SuperCom | $26.57M | $6.85M |
| GWH | ESS Tech | $1.58M | $2.36M |