System1 Reports Third Quarter Revenue of $61.6 Million and Net Loss of $22 Million

Reuters11-06

<a href="https://laohu8.com/S/SST">System1</a> Reports Third Quarter Revenue of $61.6 Million and Net Loss of $22 Million

System1 Inc. reported third quarter 2025 revenue of $61.6 million, a decrease of 31% year-over-year. GAAP gross profit was $22.8 million, down 8% from the previous year. Adjusted gross profit declined 4% year-over-year to $36.1 million, with adjusted gross profit margin rising to 59% from 42%. The company's GAAP net loss improved by 28% to $22.0 million. Adjusted EBITDA decreased 4% to $9.9 million. System1 noted ongoing challenges in its marketing business due to product changes at its largest advertising partner, Google, but reported continued progress in shifting its focus to a newer Google product and an increased contribution from its higher margin Products segment. The company also highlighted the European expansion of CouponFollow.com with beta launches in Germany, France, and Poland. System1 does not plan to provide financial guidance for the fourth quarter of 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. System1 Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251105413945) on November 05, 2025, and is solely responsible for the information contained therein.

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GAAP gross profit was $22.8 million, down 8% from the previous year. Adjusted gross profit declined 4% year-over-year to $36.1 million, with adjusted gross profit margin rising to 59% from 42%. The company's GAAP net loss improved by 28% to $22.0 million. Adjusted EBITDA decreased 4% to $9.9 million. System1 noted ongoing challenges in its marketing business due to product changes at its largest advertising partner, Google, but reported continued progress in shifting its focus to a newer Google product and an increased contribution from its higher margin Products segment. The company also highlighted the European expansion of CouponFollow.com with beta launches in Germany, France, and Poland. 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GAAP gross profit was $22.8 million, down 8% from the previous year. Adjusted gross profit declined 4% year-over-year to $36.1 million, with adjusted gross profit margin rising to 59% from 42%. The company's GAAP net loss improved by 28% to $22.0 million. Adjusted EBITDA decreased 4% to $9.9 million. System1 noted ongoing challenges in its marketing business due to product changes at its largest advertising partner, Google, but reported continued progress in shifting its focus to a newer Google product and an increased contribution from its higher margin Products segment. The company also highlighted the European expansion of CouponFollow.com with beta launches in Germany, France, and Poland. System1 does not plan to provide financial guidance for the fourth quarter of 2025.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. System1 Inc. published the original content used to generate this news brief via Business Wire (Ref. 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