System1, Inc. (SST) Operating margin 2021–2025
System1, Inc. (SST) operating margin by fiscal year — reported operating income divided by reported revenue.
-23.3%FY2025 · since FY2021: 7.4% → -23.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -23.3% | +2.4 pp |
| FY2024 | -25.8% | -4.4 pp |
| FY2023 | -21.4% | — |
| FY2021 | 7.4% | — |
Operating margin = reported operating income ÷ reported revenue for the same fiscal year. Operating-loss years show as a negative margin.
Source: SEC XBRL filings · For reference only · Not investment advice