System1, Inc. revenue by segment SST

Annual Quarterly

System1, Inc. splits its revenue 2 ways in its filings. By operating segments, the largest line in fiscal 2025, which ended Dec 31, 2025 was Marketing at $172.9 million, 65% of the total. By sales mix, the largest line in fiscal 2025, which ended Dec 31, 2025 was Marketing at $172.9 million, 65% of the total.

USD in millions. The percent under a figure is the change from the year before.

Line	FY 2026 Jun 30, 2026	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020
Revenue	181	266	344	402	612	—	—
Operating segments
Marketing	96 -57.1% share 52.8%	173 -34.4% share 65.0%	263 share 76.6%	—	—	—	—
Products	85 -9.3% share 47.2%	93 +15.8% share 35.0%	81 share 23.4%	—	—	—	—
Sales mix
Marketing	96 -57.1% share 52.8%	173 -34.4% share 65.0%	263 share 76.6%	—	—	—	—
Products	85 -9.3% share 47.2%	93 +15.8% share 35.0%	81 share 23.4%	—	—	—	—

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions. Each group is a separate split of total revenue, so the groups are not added together. Share of revenue is that line divided by total revenue. The first column adds the latest year-to-date segment amount to the last fiscal year and subtracts the year-ago year-to-date amount. More on our methodology.

Company profile

Industry: Services-Computer Programming, Data Processing, Etc. (SIC 7370)
Listed as: SST (NYSE), SSTPW (OTC)
Fiscal year ends: December 31
Headquarters: Marina Del Rey, CA
SEC filer status: Non-accelerated filer, Smaller reporting company
SEC CIK: 1805833
Former names: Trebia Acquisition Corp. (until Jan 26, 2022)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.