System1 (SST) Operating Income (2020 - 2026)
System1's Operating Income was -$8.29 million in Q2 2026, compared with -$15.91 million a year earlier.
Analysis
System1 (SST) Operating Income (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, System1's Operating Income was -$92.34 million through Jun 30, 2026; for FY2025, it was -$62.04 million.
- In earlier years, Operating Income was -$88.6 million in FY2024, -$85.99 million in FY2023, -$457.68 million in FY2022 and $50.83 million in FY2021.
- The Q2 2026 figure marks the highest quarterly Operating Income since Q4 2021.
- Per Business Quant data, SST's Operating Income in the three quarters before Q2 2026 was -$51.04 million (Q1 2026), -$17.44 million (Q4 2025) and -$15.57 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 40.77 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 18.78 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 4.19 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 2.23 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 488.00 Mn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 1.89 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 2.50 Bn |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 4.09 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 1.49 Bn |
| 10 | System1 | 27.60 Mn | -232.22 Mn | 24.27 Mn | -8.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.29 Mn |
| Mar 31, 2026 | -51.04 Mn |
| Dec 31, 2025 | -17.44 Mn |
| Sep 30, 2025 | -15.57 Mn |
| Jun 30, 2025 | -15.91 Mn |
| Mar 31, 2025 | -13.13 Mn |
| Dec 31, 2024 | -11.90 Mn |
| Sep 30, 2024 | -21.82 Mn |
| Jun 30, 2024 | -29.09 Mn |
| Mar 31, 2024 | -25.80 Mn |
| Dec 31, 2023 | -19.08 Mn |
| Sep 30, 2023 | -20.85 Mn |
| Jun 30, 2023 | -21.83 Mn |
| Mar 31, 2023 | -24.23 Mn |
| Dec 31, 2022 | -54.37 Mn |
| Sep 30, 2022 | -355.20 Mn |
| Jun 30, 2022 | -31.11 Mn |
| Mar 31, 2022 | -39.49 Mn |
| Dec 31, 2021 | 7.54 Mn |
| Sep 30, 2021 | 16.03 Mn |
API Access
System1 Operating Income 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=operating-income&ticker=SST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=SST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();