System1 (SST) Gross Profit (2021 - 2026)
System1's Gross Profit was $24.27 million in Q2 2026, down 13.0% from $27.9 million a year earlier but up 3.9% from the prior quarter.
System1 (SST) Gross Profit (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, System1's Gross Profit was $91.7 million through Jun 30, 2026, down 18.8% year-over-year; for FY2025, it was $100.4 million, down 0.9% from FY2024.
- Gross Profit has now declined for three consecutive years, with a four-year compound annual growth rate of -12.0% (FY2021 to FY2025).
- In earlier years, Gross Profit was $101.32 million in FY2024 (-33.9%), $153.23 million in FY2023 (-11.6%), $173.39 million in FY2022 (+3.7%) and $167.28 million in FY2021.
- Quarterly Gross Profit has moved between $18.6 million (Q1 2024) and $67.24 million (Q2 2022) over five years.
- Compared with a year earlier, Gross Profit has declined for four straight quarters, with an average decline of 7.6% over the last eight quarters.
- The best year-over-year quarter for Gross Profit over five years was Q2 2022 (growth of 54.9%); the worst was Q1 2024 (a decline of 51.3%).
- Per Business Quant data, SST's Gross Profit in the three quarters before Q2 2026 was $23.37 million (Q1 2026), $21.31 million (Q4 2025) and $22.74 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn |
| 10 | System1 | 26.68 Mn | -233.14 Mn | 24.27 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.27 Mn |
| Mar 31, 2026 | 23.37 Mn |
| Dec 31, 2025 | 21.31 Mn |
| Sep 30, 2025 | 22.74 Mn |
| Jun 30, 2025 | 27.90 Mn |
| Mar 31, 2025 | 28.44 Mn |
| Dec 31, 2024 | 31.82 Mn |
| Sep 30, 2024 | 24.83 Mn |
| Jun 30, 2024 | 26.07 Mn |
| Mar 31, 2024 | 18.60 Mn |
| Dec 31, 2023 | 37.57 Mn |
| Sep 30, 2023 | 37.23 Mn |
| Jun 30, 2023 | 40.26 Mn |
| Mar 31, 2023 | 38.17 Mn |
| Dec 31, 2022 | 42.93 Mn |
| Sep 30, 2022 | 45.68 Mn |
| Jun 30, 2022 | 67.24 Mn |
| Mar 31, 2022 | 45.72 Mn |
| Dec 31, 2021 | 44.53 Mn |
| Sep 30, 2021 | 42.56 Mn |
System1 Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=SST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "SST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=SST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();