---
schema_version: "secwatch.filing_event.v1"
accession: "0001805833-26-000051"
form_type: "8-K"
ticker: "SST"
cik: "0001805833"
company_name: "System1, Inc."
filed_at: "2026-08-05T20:59:46+00:00"
generated_at: "2026-08-05T21:02:32.882554+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# System1 Q2 2026 revenue $30.2M, down 61% YoY; net loss $15.3M

## Summary
- Revenue $30.2M in Q2 2026, down from $78.1M in Q2 2025 and $37.2M in Q1 2026.
- Operating loss of $8.3M improved from $51.0M loss in Q1 2026 but still negative.
- Net loss from continuing ops $15.3M; Adjusted EBITDA $1.9M vs $11.7M a year ago.
- Marketing revenue $10.7M (down 80% YoY); Products revenue $19.5M (down 19% YoY).
- Sessions 686.9M, up 31% YoY; RPS $0.03 vs $0.05 in Q2 2025.

## SEC filing metadata
- accession: 0001805833-26-000051
- form_type: 8-K
- ticker: SST
- cik: 0001805833
- company_name: System1, Inc.
- filed_at: 2026-08-05T20:59:46+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1805833/000180583326000051/0001805833-26-000051-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1805833/000180583326000051/sst-20260805.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001805833-26-000051
- JSON: https://secwatch.observer/filing/0001805833-26-000051.json
- Plain text: https://secwatch.observer/filing/0001805833-26-000051.txt

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