System1 (SST) Change in Cash (2020 - 2026)
Quarterly results put Change in Cash at -$36.1 million for Q1 2026, down 58.46% from a year ago — trailing twelve months through Mar 2026 was $7.2 million (up 122.25% YoY), and the annual figure for FY2025 was $20.6 million, up 127.23%.
System1 has reported Change in Cash over the past 7 years, most recently at -$36.1 million for Q1 2026.
- Change in Cash reached -$36.1 million in Q1 2026 per SST's latest filing, down from $32.3 million in the prior quarter.
- Across five years, Change in Cash topped out at $118.4 million in Q4 2023 and bottomed at -$467.7 million in Q1 2022.
- Median Change in Cash over the past 5 years was -$5.4 million (2022), compared with a mean of -$27.4 million.
- The largest annual shift saw Change in Cash plummeted 25520.33% in 2022 before it surged 4090.13% in 2023.
- Over 5 years, Change in Cash stood at -$3.0 million in 2022, then soared by 4090.13% to $118.4 million in 2023, then tumbled by 104.77% to -$5.6 million in 2024, then skyrocketed by 672.27% to $32.3 million in 2025, then tumbled by 211.82% to -$36.1 million in 2026.
- Business Quant data shows Change in Cash for SST at -$36.1 million in Q1 2026, $32.3 million in Q4 2025, and -$9.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Cash (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 | -17.64 Mn |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | -131.77 Mn |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | -37.00 Mn |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | -2.99 Bn |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 164.60 Mn |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 32.45 Mn |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 181.00 Mn |
| 10 | System1 | 21.03 Mn | -54.58 Mn | 23.37 Mn | -36.12 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -36.12 Mn |
| Dec 31, 2025 | 32.30 Mn |
| Sep 30, 2025 | -9.06 Mn |
| Jun 30, 2025 | 20.11 Mn |
| Mar 31, 2025 | -22.79 Mn |
| Dec 31, 2024 | -5.64 Mn |
| Sep 30, 2024 | -6.68 Mn |
| Jun 30, 2024 | 2.59 Mn |
| Mar 31, 2024 | -65.77 Mn |
| Dec 31, 2023 | 118.43 Mn |
| Sep 30, 2023 | -1.17 Mn |
| Jun 30, 2023 | 4.48 Mn |
| Mar 31, 2023 | -17.37 Mn |
| Dec 31, 2022 | -2.97 Mn |
| Sep 30, 2022 | -2.42 Mn |
| Jun 30, 2022 | -5.35 Mn |
| Mar 31, 2022 | -467.73 Mn |
| Dec 31, 2021 | 12.43 Mn |
| Sep 30, 2021 | 1.64 Mn |
| Jun 30, 2021 | 3.71 Mn |
| Mar 31, 2021 | 1.84 Mn |
| Dec 31, 2020 | -45,990.00 |
| Sep 30, 2020 | -846,880.00 |
| Jun 30, 2020 | 1.64 Mn |
| Mar 31, 2020 | 99,829.00 |