Quarterly ResultAug 5, 2026, 05:04 PM
System1 Q2 2026 Revenue $30.2M; Net Loss $12.6M
AI Summary
System1, Inc. has furnished its unaudited supplemental financial information for the second quarter ended June 30, 2026. The company reported a significant decline in revenue to $30.2 million from $78.1 million in the prior year's comparable quarter, alongside a net loss of $12.6 million. Adjusted EBITDA also saw a substantial decrease, indicating ongoing financial challenges.
Key Highlights
- Revenue for Q2 2026 was $30.2 million, down from $78.1 million in Q2 2025.
- Net loss from continuing operations for Q2 2026 was $15.3 million, compared to a $21.5 million loss in Q2 2025.
- Net income (loss) attributable to System1 was $(12.6) million in Q2 2026.
- Adjusted EBITDA for Q2 2026 was $1.9 million, a significant decrease from $11.7 million in Q2 2025.
- Marketing Revenue was $10.7 million, and Products Revenue was $19.5 million in Q2 2026.
- The company recorded an impairment of goodwill and other long-lived assets of $0.9 million in Q2 2026.
Price Impact
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