System1 (SST) Capital Expenditures (2021 - 2025)

System1 has disclosed Capital Expenditures across 5 years of filings, most recently posting -$2.7 million for Q3 2025.

• Capital Expenditures for Q3 2025 came in at -$2.7 million, down 155.57% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.2 million (down 224.45% YoY), and the FY2025 annual result was $46000.0, up 48.39% from the prior year.
• Capital Expenditures came in at -$2.7 million for Q3 2025 at System1, down from $1.6 million in the prior quarter.
• In the past five years, Capital Expenditures ranged from a high of $6.5 million in Q4 2021 to a low of -$4.9 million in Q4 2024.
• The 5-year median for Capital Expenditures is $1.5 million (2022), against an average of $873111.1.
• Across the five-year window, Capital Expenditures slumped 1572.16% in 2024 and jumped 196.12% in 2025, its largest moves.
• System1's Capital Expenditures stood at $6.5 million in 2021, then slumped by 124.5% to -$1.6 million in 2022, then jumped by 148.02% to $763000.0 in 2023, then tumbled by 742.2% to -$4.9 million in 2024, then jumped by 44.08% to -$2.7 million in 2025.
• The last three Capital Expenditures figures came in at -$2.7 million (Q3 2025), $1.6 million (Q2 2025), and $1.2 million (Q1 2025), per Business Quant data.