System1 (SST) Accumulated Expenses (2020 - 2026)
Quarterly results put Accumulated Expenses at $33.3 million for Q1 2026, down 45.93% from a year ago — trailing twelve months through Mar 2026 was $33.3 million (down 45.93% YoY), and the annual figure for FY2025 was $46.3 million, down 39.27%.
System1 has reported Accumulated Expenses over the past 7 years, most recently at $33.3 million for Q1 2026.
- Accumulated Expenses reached $33.3 million in Q1 2026 per SST's latest filing, down from $46.3 million in the prior quarter.
- Across five years, Accumulated Expenses topped out at $98.0 million in Q2 2022 and bottomed at -$14.6 million in Q1 2023.
- Median Accumulated Expenses over the past 5 years was $61.5 million (2025), compared with a mean of $58.3 million.
- The largest annual shift saw Accumulated Expenses soared 5327.57% in 2022 before it crashed 124.47% in 2023.
- Over 5 years, Accumulated Expenses stood at $85.8 million in 2022, then tumbled by 30.85% to $59.3 million in 2023, then grew by 28.47% to $76.2 million in 2024, then plummeted by 39.27% to $46.3 million in 2025, then fell by 28.09% to $33.3 million in 2026.
- Business Quant data shows Accumulated Expenses for SST at $33.3 million in Q1 2026, $46.3 million in Q4 2025, and $54.3 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn |
| 10 | System1 | 21.03 Mn | -54.58 Mn | 23.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 33.28 Mn |
| Dec 31, 2025 | 46.28 Mn |
| Sep 30, 2025 | 54.26 Mn |
| Jun 30, 2025 | 69.12 Mn |
| Mar 31, 2025 | 61.55 Mn |
| Dec 31, 2024 | 76.20 Mn |
| Sep 30, 2024 | 71.07 Mn |
| Jun 30, 2024 | 76.82 Mn |
| Mar 31, 2024 | 52.35 Mn |
| Dec 31, 2023 | 59.31 Mn |
| Sep 30, 2023 | 65.85 Mn |
| Jun 30, 2023 | 77.47 Mn |
| Mar 31, 2023 | -14.62 Mn |
| Dec 31, 2022 | 85.78 Mn |
| Sep 30, 2022 | 19.27 Mn |
| Jun 30, 2022 | 97.96 Mn |
| Mar 31, 2022 | 59.74 Mn |
| Dec 31, 2021 | 31.28 Mn |
| Jun 30, 2021 | 1.80 Mn |
| Mar 31, 2021 | 1.77 Mn |
| Dec 31, 2020 | 613,050.00 |
| Sep 30, 2020 | 110,051.00 |
| Jun 30, 2020 | 534,818.00 |