System1 (SST) Revenue & Revenue Breakdown


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System1 Revenue Highlights


Latest Revenue (Y)

$343.93M

Latest Revenue (Q)

$88.83M

Main Segment (Y)

Partner Network

Main Geography (Y)

UNITED STATES

System1 Revenue by Period


System1 Revenue by Year

DateRevenueChange
2024-12-31$343.93M-14.44%
2023-12-31$401.97M-51.37%
2022-12-31$826.65M20.09%
2021-12-31$688.39M44.63%
2020-12-31$475.98M16.81%
2019-12-31$407.49M53.46%
2018-12-31$265.53M-

System1 generated $343.93M in revenue during NA 2024, up -14.44% compared to the previous quarter, and up 84.40% compared to the same period a year ago.

System1 Revenue by Quarter

DateRevenueChange
2024-09-30$88.83M-6.08%
2024-06-30$94.58M11.38%
2024-03-31$84.92M-11.66%
2023-12-31$96.12M9.45%
2023-09-30$87.82M-40.36%
2023-06-30$147.24M-12.28%
2023-03-31$167.85M-10.17%
2022-12-31$186.86M-7.12%
2022-09-30$201.18M-8.47%
2022-06-30$219.80M261.21%
2022-03-31$60.85M-112.45%
2021-12-31$-488.59M-384.98%
2021-09-30$171.45M1.10%
2021-06-30$169.58M14.92%
2021-03-31$147.56M8.70%
2020-12-31$135.75M100.00%
2020-09-30-100.00%
2020-06-30--

System1 generated $88.83M in revenue during Q3 2024, up -6.08% compared to the previous quarter, and up 60.33% compared to the same period a year ago.

System1 Revenue Breakdown


System1 Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22
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 24: Partner Network (100.00%).

Quarterly Revenue by Product

Product/ServiceDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Partner Network$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 24: Partner Network (100.00%).

System1 Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 24Dec 23Dec 22
Non-US$10.86M$16.12M$18.39M
UNITED STATES$333.07M$385.85M$593.53M

System1's latest annual revenue breakdown by geography, as of Dec 24: UNITED STATES (96.84%), and Non-US (3.16%).

Quarterly Revenue by Country

CountryDec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Non-US$4.00M$3.62M$3.23M$2.51M$6.31M$3.50M$3.80M$5.44M$169.00K$9.00M$3.78M
UNITED STATES$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 24: UNITED STATES (97.65%), and Non-US (2.35%).

System1 Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
RTORentokil Initial$5.38B$2.71B
MMSMaximus$5.31B$1.40B
BVBrightView$2.77B$599.20M
AZZAZZ$1.58B$403.65M
VVIViad$1.24B$455.70M
FAFirst Advantage$860.21M$199.12M
CVEOCiveo$682.12M$175.97M
SSTSystem1$343.93M$88.83M
CASSCass Information Systems$199.19M$22.77M
CBZCBIZ-$838.01M

SST Revenue FAQ


What is System1’s yearly revenue?

System1's yearly revenue for 2024 was $343.92M, representing a decrease of -14.44% compared to 2023. The company's yearly revenue for 2023 was $401.97M, representing a decrease of -51.37% compared to 2022. SST's yearly revenue for 2022 was $826.65M, representing an increase of 20.09% compared to 2021.

What is System1’s quarterly revenue?

System1's quarterly revenue for Q3 2024 was $88.83M, a -6.08% decrease from the previous quarter (Q2 2024), and a 1.15% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $94.58M, a 11.38% increase from the previous quarter (Q1 2024), and a -35.76% decrease year-over-year (Q2 2023). SST's quarterly revenue for Q1 2024 was $84.92M, a -11.66% decrease from the previous quarter (Q4 2023), and a -49.41% decrease year-over-year (Q1 2023).

What is System1’s revenue growth rate?

System1's revenue growth rate for the last 3 years (2022-2024) was -58.40%, and for the last 5 years (2020-2024) was -27.74%.

What are System1’s revenue streams?

System1's revenue streams in c 24 are Partner Network

What is System1’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of System1 was Partner Network. This segment made a revenue of $62M, representing 100.00% of the company's total revenue.