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SSTSystem1, Inc.
$1.72$17M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
SST logo

System1, Inc.

SST
NYSE · Ad Tech
$1.72
At close - Nov 6, 4:00 PM EST - USD
Market Cap$17M
P/E-0.2x
52W High$5.80
Volume23.34K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

System1 Faces Severe Structural Revenue Contraction Risks

System1's reliance on a volatile digital advertising arbitrage model has resulted in a persistent inability to achieve positive operating margins, which reached -38.2% in 2026Q1.

GrowthContracting
ProfitabilityNegative
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

SST price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

2/12 Beats

EPS beat 2 of last 12 quarters

02

Valuation risk

-101% Peers

P/E is 101% below peer median

03

Market leadership

RS 12 · Lag

Laggard (Underperforming 88% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Nov 5

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
SST-59.81%
S&P 500 (^GSPC)+7.63%
1-Year Return
SST-61.61%
S&P 500 (^GSPC)+9.69%
3-Year Return
SST-87.26%
S&P 500 (^GSPC)+66.72%
5-Year Return
SST-98.27%
S&P 500 (^GSPC)+54.98%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
-0.2x
Forward P/E
N/A
EV/EBITDA33rd %ile
14.1x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
-0.2x
6.2x
0th· Low
EV/EBITDA
14.1x
117.1x
33rd· Fair
Price/FCF
N/A
154.7x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$266M-22.6% YoY
Net income FY25
-$65M+12.5% YoY
Free cash flow FY25
-$4M+20.7% YoY
Operating margin FY25
-23.3%+2.4 pts YoY
ROIC (FY25)-17.2%
Avg ROIC 5Y-10.9%
ROE (FY25)-127.6%
Piotroski Score3 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate2/12 (17%)
Revenue Beat Rate5/12 (42%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Aug 5, 2026
-$1.54+21.4%
vs -$1.96
$30M-48.5%
vs $59M
Q2 2026
May 12, 2026
-$2.22-3.7%
vs -$2.14
$37M-32.5%
vs $55M
Q2 2026
Mar 11, 2026
-$2.29-13.4%
vs -$2.02
$52M-2.1%
vs $53M
Q4 2025
Nov 5, 2025
-$2.30-13.9%
vs -$2.02
$62M+16.1%
vs $53M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
Business Wire·Oct 22, 2026
MapQuest Returns as the Official Navigation Partner of MINI Takes the States 2026

LOS ANGELES--(BUSINESS WIRE)--MapQuest, the pioneering navigation brand owned by System1, Inc. (NYSE: SST), today announced it is the official navigation partner of MINI Takes the States (MTTS) 2026, the biennial road rally that brings thousands of passionate MINI owners together on some of America's most scenic roads. The partnership marks the second consecutive rally for MapQuest, which also served as MINI's navigation partner for MTTS 2024. Now in its 10th edition and celebrating 20 years si.

GuruFocus·Oct 15, 2026
Delta Highlights Collaboration with NVIDIA in Advancing Energy-efficient 800 VDC Power and Cooling Solutions for AI Data Centers at OCP Global Summit 2026

Delta Highlights Collaboration with NVIDIA in Advancing Energy-efficient 800 VDC Power and Cooling Solutions for AI Data Centers at OCP Global Summit 2026PR New

GuruFocus·Oct 13, 2026
SolarEdge Showcases MVAC-to-800 VDC AI Factory Power Technology at NVIDIA AI Factory MGX Ecosystem Showcase at OCP Global Summit, Oct. 12--15

[url="]SolarEdge Technologies, Inc.[/url] (NASDAQ: SEDG) today announced that its MVAC-to-800 VDC AI Factory Power Technology for AI data centers is being featu

Defense World·Oct 1, 2026
System1, Inc. (NYSE:SST) Sees Significant Increase in Short Interest

System1, Inc. (NYSE: SST - Get Free Report) was the target of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 373,269 shares, a growth of 90.6% from the August 31st total of 195,844 shares. Based on an average daily volume of 1,683,892 shares, the

Filtered for System1, Inc.More Headlines
04

Compare before deciding

Benchmark SST against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for System1, Inc. (SST)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
SST logoSSTSystem1, Inc.Current
$1.72$17.21M-0.15-22.62%-50.66%-127.61%0.24%
TPVG logoTPVGTriplePoint Venture Growth BDC Corp.
$4.37$177.42M8.1755.25%58.87%6.24%23.45%
QNST logoQNSTQuinStreet, Inc.
$20.66$1.19B12.9718.29%6.58%29.48%—
RAMP logoRAMPLiveRamp Holdings, Inc.
$38.50$2.34B15.299.03%18.71%16.16%—
ACMR logoACMRACM Research, Inc.
$44.61$2.86B28.3415.24%10.2%5.22%0.25%
FLNT logoFLNTFluent, Inc.
$3.84$114.49M-5.22-18.01%-11.48%-151.7%—

Compare SST vs Peers

System1, Inc. (SST) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs TPVG

Most directly comparable listed peer for SST.

Scale Benchmark

vs MSFT

Larger-name benchmark to compare SST against a more recognizable public peer.

Peer Set

Compare Top 5

vs TPVG, QNST, RAMP, ACMR

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

SST SEC Filings & Documents

System1, Inc. (SST) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Aug 5, 2026·SEC

Material company update

Aug 5, 2026·SEC

Material company update

Jul 24, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 11, 2026·SEC

FY 2025

Mar 10, 2025·SEC

10-Q Quarterly Reports

6
FY 2026

Aug 5, 2026·SEC

FY 2026

May 12, 2026·SEC

FY 2025

Nov 5, 2025·SEC

Get notified when SST posts new earnings or crosses analyst targets

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SST Frequently Asked Questions

System1, Inc. (SST) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is System1, Inc.'s revenue?

System1, Inc. (SST) reported $180.9M in revenue over the trailing twelve months. Revenue was $266.1M in fiscal year 2025. That is 35% less than the $407.5M of fiscal year 2019.

How fast is System1, Inc. growing?

System1, Inc. (SST) revenue fell by 42.9% over the trailing twelve months, compared with the twelve months before.

Is SST profitable?

No. System1, Inc. (SST) reported a net loss of $91.7M over the trailing twelve months.

Dividend & Returns
Does SST pay dividends?

Yes. System1, Inc. (SST) pays a dividend that yields 0.24% at the current price, a small yield.

What is SST's return on equity?

System1, Inc. (SST) had a return on equity (ROE) of -127.6% in fiscal year 2025. A negative ROE means the company lost money over the period.

What is System1, Inc.'s free cash flow?

System1, Inc. (SST) had negative free cash flow of $77.8M over the trailing twelve months.

What if you invested $1,000 in SST back in 2019?

Total return calculator · dividends reinvested · 7+ years of data

See returns →