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Side-by-side financial comparison of CHIMERA INVESTMENT CORP (CIM) and System1, Inc. (SST). Click either name above to swap in a different company.

CHIMERA INVESTMENT CORP is the larger business by last-quarter revenue ($66.2M vs $51.9M, roughly 1.3× System1, Inc.). CHIMERA INVESTMENT CORP runs the higher net margin — 42.8% vs -26.0%, a 68.8% gap on every dollar of revenue. On growth, CHIMERA INVESTMENT CORP posted the faster year-over-year revenue change (0.5% vs -31.3%). Over the past eight quarters, CHIMERA INVESTMENT CORP's revenue compounded faster (0.8% CAGR vs -21.8%).

Chimera Investment Corp is a US-based real estate investment trust (REIT) primarily investing in residential mortgage-backed securities, residential and commercial mortgage loans, and other real estate-related financial assets. It delivers sustainable risk-adjusted returns for shareholders via regular dividend distributions from its investment portfolio.

System1 is an American Internet advertising company. Formerly known as OpenMail, it was founded in 2013. It describes itself as operating a "Responsive Acquisition Marketing Platform", and cites privacy as one of its principal foci, although it has been criticized for its influence on privacy-focused properties, including search engine Startpage.com. It is headquartered in Marina del Rey, California.

CIM vs SST — Head-to-Head

Bigger by revenue
CIM
CIM
1.3× larger
CIM
$66.2M
$51.9M
SST
Growing faster (revenue YoY)
CIM
CIM
+31.8% gap
CIM
0.5%
-31.3%
SST
Higher net margin
CIM
CIM
68.8% more per $
CIM
42.8%
-26.0%
SST
Faster 2-yr revenue CAGR
CIM
CIM
Annualised
CIM
0.8%
-21.8%
SST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CIM
CIM
SST
SST
Revenue
$66.2M
$51.9M
Net Profit
$28.3M
$-13.5M
Gross Margin
41.0%
Operating Margin
42.6%
-33.6%
Net Margin
42.8%
-26.0%
Revenue YoY
0.5%
-31.3%
Net Profit YoY
119.3%
4.8%
EPS (diluted)
$0.05
$-3.58

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CIM
CIM
SST
SST
Q4 25
$66.2M
$51.9M
Q3 25
$65.0M
$61.6M
Q2 25
$66.0M
$78.1M
Q1 25
$69.2M
$74.5M
Q4 24
$65.8M
$75.6M
Q3 24
$66.5M
$88.8M
Q2 24
$67.3M
$94.6M
Q1 24
$65.1M
$84.9M
Net Profit
CIM
CIM
SST
SST
Q4 25
$28.3M
$-13.5M
Q3 25
$-580.0K
$-18.5M
Q2 25
$35.5M
$-17.5M
Q1 25
$167.3M
$-15.9M
Q4 24
$-146.5M
$-14.2M
Q3 24
$136.5M
$-23.6M
Q2 24
$56.7M
$-26.4M
Q1 24
$129.5M
$-10.5M
Gross Margin
CIM
CIM
SST
SST
Q4 25
41.0%
Q3 25
36.9%
Q2 25
35.7%
Q1 25
38.2%
Q4 24
42.1%
Q3 24
28.0%
Q2 24
27.6%
Q1 24
21.9%
Operating Margin
CIM
CIM
SST
SST
Q4 25
42.6%
-33.6%
Q3 25
-0.5%
-25.3%
Q2 25
54.3%
-20.4%
Q1 25
-17.6%
Q4 24
-222.6%
-15.7%
Q3 24
-24.6%
Q2 24
84.2%
-30.8%
Q1 24
-30.4%
Net Margin
CIM
CIM
SST
SST
Q4 25
42.8%
-26.0%
Q3 25
-0.9%
-30.1%
Q2 25
53.7%
-22.4%
Q1 25
241.7%
-21.3%
Q4 24
-222.6%
-18.7%
Q3 24
205.4%
-26.6%
Q2 24
84.2%
-27.9%
Q1 24
198.8%
-12.4%
EPS (diluted)
CIM
CIM
SST
SST
Q4 25
$0.05
$-3.58
Q3 25
$-0.27
$-2.30
Q2 25
$0.17
$-2.23
Q1 25
$1.77
$-0.21
Q4 24
$-2.06
$-3.41
Q3 24
$1.39
$-3.37
Q2 24
$0.41
$-3.80
Q1 24
$1.36
$-0.16

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CIM
CIM
SST
SST
Cash + ST InvestmentsLiquidity on hand
$278.6M
$86.9M
Total DebtLower is stronger
$251.5M
$305.1M
Stockholders' EquityBook value
$2.6B
$30.5M
Total Assets
$15.8B
$405.0M
Debt / EquityLower = less leverage
0.10×
10.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CIM
CIM
SST
SST
Q4 25
$278.6M
$86.9M
Q3 25
$491.5M
$54.6M
Q2 25
$250.2M
$63.6M
Q1 25
$253.3M
$43.9M
Q4 24
$84.0M
$63.6M
Q3 24
$97.3M
$69.1M
Q2 24
$162.3M
$75.7M
Q1 24
$169.0M
$69.9M
Total Debt
CIM
CIM
SST
SST
Q4 25
$251.5M
$305.1M
Q3 25
$251.0M
$259.2M
Q2 25
$135.2M
$263.3M
Q1 25
$134.9M
$267.4M
Q4 24
$134.6M
$255.1M
Q3 24
$134.4M
$259.2M
Q2 24
$62.4M
$263.3M
Q1 24
$268.6M
Stockholders' Equity
CIM
CIM
SST
SST
Q4 25
$2.6B
$30.5M
Q3 25
$2.6B
$42.7M
Q2 25
$2.6B
$58.2M
Q1 25
$2.6B
$67.2M
Q4 24
$2.5B
$80.3M
Q3 24
$2.7B
$90.3M
Q2 24
$2.6B
$109.4M
Q1 24
$2.6B
$131.7M
Total Assets
CIM
CIM
SST
SST
Q4 25
$15.8B
$405.0M
Q3 25
$15.1B
$385.2M
Q2 25
$14.9B
$429.2M
Q1 25
$13.2B
$419.2M
Q4 24
$13.1B
$459.1M
Q3 24
$13.7B
$479.3M
Q2 24
$13.1B
$511.3M
Q1 24
$12.5B
$521.1M
Debt / Equity
CIM
CIM
SST
SST
Q4 25
0.10×
10.01×
Q3 25
0.10×
6.07×
Q2 25
0.05×
4.53×
Q1 25
0.05×
3.98×
Q4 24
0.05×
3.18×
Q3 24
0.05×
2.87×
Q2 24
0.02×
2.41×
Q1 24
2.04×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CIM
CIM
SST
SST
Operating Cash FlowLast quarter
$-248.9M
$-10.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
-8.78×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CIM
CIM
SST
SST
Q4 25
$-248.9M
$-10.6M
Q3 25
$-137.5M
$-2.1M
Q2 25
$-7.4M
$24.5M
Q1 25
$48.8M
$-15.9M
Q4 24
$205.7M
$772.0K
Q3 24
$41.4M
$-5.0K
Q2 24
$69.0M
$10.0M
Q1 24
$57.3M
$-16.0M
Free Cash Flow
CIM
CIM
SST
SST
Q4 25
Q3 25
Q2 25
Q1 25
$-16.0M
Q4 24
Q3 24
$-36.0K
Q2 24
Q1 24
FCF Margin
CIM
CIM
SST
SST
Q4 25
Q3 25
Q2 25
Q1 25
-21.5%
Q4 24
Q3 24
-0.0%
Q2 24
Q1 24
Capex Intensity
CIM
CIM
SST
SST
Q4 25
0.0%
Q3 25
0.0%
Q2 25
0.0%
Q1 25
0.1%
Q4 24
0.0%
Q3 24
0.0%
Q2 24
0.0%
Q1 24
0.0%
Cash Conversion
CIM
CIM
SST
SST
Q4 25
-8.78×
Q3 25
Q2 25
-0.21×
Q1 25
0.29×
Q4 24
Q3 24
0.30×
Q2 24
1.22×
Q1 24
0.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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