---
schema_version: "secwatch.filing_event.v1"
accession: "0001805833-26-000049"
form_type: "8-K"
ticker: "SST"
cik: "0001805833"
company_name: "System1, Inc."
filed_at: "2026-08-05T20:05:01+00:00"
generated_at: "2026-08-05T20:06:14.778198+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# System1 Q2 2026 revenue $30.2M, net loss $15.3M; launches agentic AI products, cuts debt by half

## Summary
- Revenue $30.2M; GAAP net loss $15.3M; adjusted EBITDA $1.9M.
- Adjusted gross margin 85% (up from prior) driven by shift to higher-quality Products business.
- Signed transformative debt exchange cutting gross debt by half; closed during Q2.
- Launched agentic AI products: MapQuest MCP Server, Dogpile Fetch, IntentStream audience platform.
- CouponFollow became second-largest organic coupon site; Startpage user sessions up 31% YoY.

## SEC filing metadata
- accession: 0001805833-26-000049
- form_type: 8-K
- ticker: SST
- cik: 0001805833
- company_name: System1, Inc.
- filed_at: 2026-08-05T20:05:01+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805833/000180583326000049/0001805833-26-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805833/000180583326000049/sst-20260805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001805833-26-000049
- JSON: https://secwatch.observer/filing/0001805833-26-000049.json
- Plain text: https://secwatch.observer/filing/0001805833-26-000049.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.