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Consolidated Net IncomeCost of RevenueEBITEBITDAEBTEPS (Basic)EPS (Weighted Average and Diluted)Gross ProfitIncome from Continuing OperationsIncome from Non-Controlling InterestsIncome towards Parent CompanyInterest ExpensesNet Income towards Common StockholdersNon Operating IncomeOperating ExpensesOperating IncomeOther Non Operating IncomeOther Operating ExpensesProfit After TaxRevenueSelling, General & AdministrativeShares OutstandingShares Outstanding (Diluted Average)Shares Outstanding (Weighted Average)Tax ProvisionsTax RateWages, Salaries and Other
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System1 (SST) Cost of Revenue (2021 - 2025)

System1's Cost of Revenue history spans 5 years, with the latest figure at $30.6 million for Q4 2025.

  • For Q4 2025, Cost of Revenue fell 62.62% year-over-year to $30.6 million; the TTM value through Dec 2025 reached $165.7 million, down 40.97%, while the annual FY2025 figure was $165.7 million, 31.68% down from the prior year.
  • Cost of Revenue for Q4 2025 was $30.6 million at System1, down from $38.8 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $155.3 million in Q4 2021 and bottomed at $28.5 million in Q4 2022.
  • The 5-year median for Cost of Revenue is $75.2 million (2024), against an average of $83.3 million.
  • The largest annual shift saw Cost of Revenue plummeted 81.67% in 2022 before it surged 105.66% in 2023.
  • A 5-year view of Cost of Revenue shows it stood at $155.3 million in 2021, then tumbled by 81.67% to $28.5 million in 2022, then soared by 105.66% to $58.6 million in 2023, then skyrocketed by 39.94% to $81.9 million in 2024, then plummeted by 62.62% to $30.6 million in 2025.
  • Per Business Quant, the three most recent readings for SST's Cost of Revenue are $30.6 million (Q4 2025), $38.8 million (Q3 2025), and $50.2 million (Q2 2025).