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Side-by-side financial comparison of HACKETT GROUP, INC. (HCKT) and System1, Inc. (SST). Click either name above to swap in a different company.

HACKETT GROUP, INC. is the larger business by last-quarter revenue ($75.8M vs $51.9M, roughly 1.5× System1, Inc.). HACKETT GROUP, INC. runs the higher net margin — 7.4% vs -26.0%, a 33.3% gap on every dollar of revenue. On growth, HACKETT GROUP, INC. posted the faster year-over-year revenue change (-4.4% vs -31.3%). Over the past eight quarters, HACKETT GROUP, INC.'s revenue compounded faster (-0.9% CAGR vs -21.8%).

Hackett Limited is a British multi-channel retailer of clothing for men and boys, with a broad range of apparel and accessories. It was founded in 1983 in London, England. As of June 2019, the company had 160 stores globally, with its flagship store at 14 Savile Row in London. It is owned by both Lebanese holding company M1 Group and American L Capital Asia

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.

HCKT vs SST — Head-to-Head

Bigger by revenue
HCKT
HCKT
1.5× larger
HCKT
$75.8M
$51.9M
SST
Growing faster (revenue YoY)
HCKT
HCKT
+26.9% gap
HCKT
-4.4%
-31.3%
SST
Higher net margin
HCKT
HCKT
33.3% more per $
HCKT
7.4%
-26.0%
SST
Faster 2-yr revenue CAGR
HCKT
HCKT
Annualised
HCKT
-0.9%
-21.8%
SST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HCKT
HCKT
SST
SST
Revenue
$75.8M
$51.9M
Net Profit
$5.6M
$-13.5M
Gross Margin
41.7%
41.0%
Operating Margin
12.0%
-33.6%
Net Margin
7.4%
-26.0%
Revenue YoY
-4.4%
-31.3%
Net Profit YoY
56.9%
4.8%
EPS (diluted)
$0.20
$-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
HCKT
HCKT
SST
SST
Q4 25
$75.8M
$51.9M
Q3 25
$73.1M
$61.6M
Q2 25
$78.9M
$78.1M
Q1 25
$77.9M
$74.5M
Q4 24
$79.2M
$75.6M
Q3 24
$79.8M
$88.8M
Q2 24
$77.7M
$94.6M
Q1 24
$77.2M
$84.9M
Net Profit
HCKT
HCKT
SST
SST
Q4 25
$5.6M
$-13.5M
Q3 25
$2.5M
$-18.5M
Q2 25
$1.7M
$-17.5M
Q1 25
$3.1M
$-15.9M
Q4 24
$3.6M
$-14.2M
Q3 24
$8.6M
$-23.6M
Q2 24
$8.7M
$-26.4M
Q1 24
$8.7M
$-10.5M
Gross Margin
HCKT
HCKT
SST
SST
Q4 25
41.7%
41.0%
Q3 25
40.7%
36.9%
Q2 25
35.4%
35.7%
Q1 25
35.8%
38.2%
Q4 24
39.4%
42.1%
Q3 24
29.2%
28.0%
Q2 24
27.5%
27.6%
Q1 24
26.2%
21.9%
Operating Margin
HCKT
HCKT
SST
SST
Q4 25
12.0%
-33.6%
Q3 25
7.5%
-25.3%
Q2 25
5.8%
-20.4%
Q1 25
5.7%
-17.6%
Q4 24
9.8%
-15.7%
Q3 24
16.0%
-24.6%
Q2 24
16.1%
-30.8%
Q1 24
14.9%
-30.4%
Net Margin
HCKT
HCKT
SST
SST
Q4 25
7.4%
-26.0%
Q3 25
3.5%
-30.1%
Q2 25
2.1%
-22.4%
Q1 25
4.0%
-21.3%
Q4 24
4.5%
-18.7%
Q3 24
10.8%
-26.6%
Q2 24
11.3%
-27.9%
Q1 24
11.3%
-12.4%
EPS (diluted)
HCKT
HCKT
SST
SST
Q4 25
$0.20
$-3.58
Q3 25
$0.09
$-2.30
Q2 25
$0.06
$-2.23
Q1 25
$0.11
$-0.21
Q4 24
$0.11
$-3.41
Q3 24
$0.31
$-3.37
Q2 24
$0.31
$-3.80
Q1 24
$0.32
$-0.16

Balance Sheet & Financial Strength

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

Metric
HCKT
HCKT
SST
SST
Cash + ST InvestmentsLiquidity on hand
$18.2M
$86.9M
Total DebtLower is stronger
$305.1M
Stockholders' EquityBook value
$68.1M
$30.5M
Total Assets
$206.4M
$405.0M
Debt / EquityLower = less leverage
10.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCKT
HCKT
SST
SST
Q4 25
$18.2M
$86.9M
Q3 25
$13.9M
$54.6M
Q2 25
$10.1M
$63.6M
Q1 25
$9.2M
$43.9M
Q4 24
$16.4M
$63.6M
Q3 24
$10.0M
$69.1M
Q2 24
$19.1M
$75.7M
Q1 24
$13.0M
$69.9M
Total Debt
HCKT
HCKT
SST
SST
Q4 25
$305.1M
Q3 25
$259.2M
Q2 25
$263.3M
Q1 25
$267.4M
Q4 24
$255.1M
Q3 24
$259.2M
Q2 24
$263.3M
Q1 24
$268.6M
Stockholders' Equity
HCKT
HCKT
SST
SST
Q4 25
$68.1M
$30.5M
Q3 25
$101.6M
$42.7M
Q2 25
$119.8M
$58.2M
Q1 25
$114.4M
$67.2M
Q4 24
$115.6M
$80.3M
Q3 24
$110.9M
$90.3M
Q2 24
$102.2M
$109.4M
Q1 24
$93.5M
$131.7M
Total Assets
HCKT
HCKT
SST
SST
Q4 25
$206.4M
$405.0M
Q3 25
$200.7M
$385.2M
Q2 25
$200.5M
$429.2M
Q1 25
$191.8M
$419.2M
Q4 24
$193.3M
$459.1M
Q3 24
$190.8M
$479.3M
Q2 24
$187.5M
$511.3M
Q1 24
$179.3M
$521.1M
Debt / Equity
HCKT
HCKT
SST
SST
Q4 25
10.01×
Q3 25
6.07×
Q2 25
4.53×
Q1 25
3.98×
Q4 24
3.18×
Q3 24
2.87×
Q2 24
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
HCKT
HCKT
SST
SST
Operating Cash FlowLast quarter
$19.1M
$-10.6M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
3.41×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCKT
HCKT
SST
SST
Q4 25
$19.1M
$-10.6M
Q3 25
$11.4M
$-2.1M
Q2 25
$5.6M
$24.5M
Q1 25
$4.2M
$-15.9M
Q4 24
$20.6M
$772.0K
Q3 24
$10.6M
$-5.0K
Q2 24
$13.7M
$10.0M
Q1 24
$2.8M
$-16.0M
Free Cash Flow
HCKT
HCKT
SST
SST
Q4 25
Q3 25
Q2 25
$3.7M
Q1 25
$2.6M
$-16.0M
Q4 24
$19.6M
Q3 24
$9.3M
$-36.0K
Q2 24
$12.8M
Q1 24
$1.8M
FCF Margin
HCKT
HCKT
SST
SST
Q4 25
Q3 25
Q2 25
4.7%
Q1 25
3.4%
-21.5%
Q4 24
24.8%
Q3 24
11.7%
-0.0%
Q2 24
16.5%
Q1 24
2.4%
Capex Intensity
HCKT
HCKT
SST
SST
Q4 25
0.0%
Q3 25
0.0%
Q2 25
2.4%
0.0%
Q1 25
2.0%
0.1%
Q4 24
1.3%
0.0%
Q3 24
1.5%
0.0%
Q2 24
1.1%
0.0%
Q1 24
1.2%
0.0%
Cash Conversion
HCKT
HCKT
SST
SST
Q4 25
3.41×
Q3 25
4.47×
Q2 25
3.40×
Q1 25
1.33×
Q4 24
5.79×
Q3 24
1.23×
Q2 24
1.57×
Q1 24
0.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HCKT
HCKT

Global S And BT$39.1M52%
Sap Solutions$22.4M30%
Consulting And Software Support And Maintenance$14.3M19%

SST
SST

Segment breakdown not available.

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