Growth Metrics

System1 (SST) Cash from Financing Activities (2020 - 2026)

Quarterly results put Cash from Financing Activities at -$7.7 million for Q1 2026, down 45.98% from a year ago — trailing twelve months through Mar 2026 was $28.9 million (up 236.76% YoY), and the annual figure for FY2025 was $31.3 million, up 148.94%.

System1 has reported Cash from Financing Activities over the past 7 years, most recently at -$7.7 million for Q1 2026.

  • Cash from Financing Activities reached -$7.7 million in Q1 2026 per SST's latest filing, down from $44.4 million in the prior quarter.
  • Across five years, Cash from Financing Activities topped out at $44.4 million in Q4 2025 and bottomed at -$73.0 million in Q4 2023.
  • Median Cash from Financing Activities over the past 5 years was -$5.2 million (2022), compared with a mean of -$8.4 million.
  • The largest annual shift saw Cash from Financing Activities plummeted 2345.34% in 2024 before it soared 986.29% in 2025.
  • Over 5 years, Cash from Financing Activities stood at -$5.2 million in 2022, then plummeted by 1310.43% to -$73.0 million in 2023, then surged by 93.14% to -$5.0 million in 2024, then skyrocketed by 986.29% to $44.4 million in 2025, then tumbled by 117.43% to -$7.7 million in 2026.
  • Business Quant data shows Cash from Financing Activities for SST at -$7.7 million in Q1 2026, $44.4 million in Q4 2025, and -$5.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cash from Financing Activities (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 -539.96 Mn
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn -205.83 Mn
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn -194.00 Mn
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn -8.41 Bn
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn 23.60 Mn
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn -203.25 Mn
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn -24.00 Mn
10 System1 21.03 Mn -54.58 Mn 23.37 Mn -7.74 Mn

Historic Data

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DateValue
Mar 31, 2026 -7.74 Mn
Mar 31, 2026 -7.74 Mn
Dec 31, 2025 44.41 Mn
Dec 31, 2025 44.41 Mn
Sep 30, 2025 -5.01 Mn
Sep 30, 2025 -5.01 Mn
Jun 30, 2025 -2.79 Mn
Jun 30, 2025 -2.79 Mn
Mar 31, 2025 -5.30 Mn
Mar 31, 2025 -5.30 Mn
Dec 31, 2024 -5.01 Mn
Dec 31, 2024 -5.01 Mn
Sep 30, 2024 -5.02 Mn
Sep 30, 2024 -5.02 Mn
Jun 30, 2024 -5.77 Mn
Jun 30, 2024 -5.77 Mn
Mar 31, 2024 -48.16 Mn
Mar 31, 2024 -48.16 Mn
Dec 31, 2023 -73.02 Mn
Dec 31, 2023 -73.02 Mn
Sep 30, 2023 8.31 Mn
Sep 30, 2023 8.31 Mn
Jun 30, 2023 -236,000.00
Jun 30, 2023 -236,000.00
Mar 31, 2023 -9.13 Mn
Mar 31, 2023 -9.13 Mn
Dec 31, 2022 -5.18 Mn
Dec 31, 2022 -5.18 Mn
Sep 30, 2022 -7.05 Mn
Sep 30, 2022 -7.05 Mn
Jun 30, 2022 -2.73 Mn
Jun 30, 2022 -2.73 Mn
Mar 31, 2022 -12.78 Mn
Mar 31, 2022 -12.78 Mn
Dec 31, 2021 -6.95 Mn
Dec 31, 2021 -6.95 Mn
Sep 30, 2021 -8.74 Mn
Sep 30, 2021 -8.74 Mn
Jun 30, 2021 -12.29 Mn
Jun 30, 2021 -12.29 Mn
Mar 31, 2021 -6.60 Mn
Mar 31, 2021 -6.60 Mn
Sep 30, 2020 -534,818.00
Sep 30, 2020 -534,818.00
Jun 30, 2020 519.18 Mn
Jun 30, 2020 519.18 Mn
Mar 31, 2020 104,813.00
Mar 31, 2020 104,813.00