System1 (SST) Change in Cash (2020 - 2026)

System1 has disclosed Change in Cash across 7 years of filings, most recently posting -$36.1 million for Q1 2026.

• Change in Cash for Q1 2026 came in at -$36.1 million, down 58.46% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.2 million (up 122.25% YoY), and the FY2025 annual result was $20.6 million, up 127.23% from the prior year.
• Change in Cash came in at -$36.1 million for Q1 2026 at System1, down from $32.3 million in the prior quarter.
• In the past five years, Change in Cash ranged from a high of $118.4 million in Q4 2023 to a low of -$467.7 million in Q1 2022.
• The 5-year median for Change in Cash is -$5.4 million (2022), against an average of -$27.4 million.
• Across the five-year window, Change in Cash tumbled 25520.33% in 2022 and surged 4090.13% in 2023, its largest moves.
• System1's Change in Cash stood at -$3.0 million in 2022, then soared by 4090.13% to $118.4 million in 2023, then slumped by 104.77% to -$5.6 million in 2024, then jumped by 672.27% to $32.3 million in 2025, then plunged by 211.82% to -$36.1 million in 2026.
• The last three Change in Cash figures came in at -$36.1 million (Q1 2026), $32.3 million (Q4 2025), and -$9.1 million (Q3 2025), per Business Quant data.