Growth Metrics

System1 (SST) Common Equity (2020 - 2026)

Quarterly results put Common Equity at -$15.4 million for Q1 2026, down 122.8% from a year ago — trailing twelve months through Mar 2026 was -$15.4 million (down 122.8% YoY), and the annual figure for FY2025 was $17.4 million, down 79.51%.

System1 has reported Common Equity over the past 7 years, most recently at -$15.4 million for Q1 2026.

  • Common Equity reached -$15.4 million in Q1 2026 per SST's latest filing, down from $17.4 million in the prior quarter.
  • Across five years, Common Equity topped out at $824.5 million in Q1 2022 and bottomed at -$15.4 million in Q1 2026.
  • Median Common Equity over the past 5 years was $160.4 million (2024), compared with a mean of $265.9 million.
  • The largest annual shift saw Common Equity soared 2944828.57% in 2022 before it plummeted 122.8% in 2026.
  • Over 5 years, Common Equity stood at $470.7 million in 2022, then tumbled by 64.03% to $169.3 million in 2023, then tumbled by 49.8% to $85.0 million in 2024, then crashed by 79.51% to $17.4 million in 2025, then tumbled by 188.55% to -$15.4 million in 2026.
  • Business Quant data shows Common Equity for SST at -$15.4 million in Q1 2026, $17.4 million in Q4 2025, and $42.7 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Relx 81.40 Bn 81.16 Bn - 3.15 Bn
2 Rentokil Initial 79.56 Bn 78.10 Bn - 5.49 Bn
3 Cintas 69.26 Bn 69.08 Bn 1.45 Bn 4.79 Bn
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn 9.79 Bn
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn 1.32 Bn
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn 24.46 Bn
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn 5.62 Bn
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn 3.28 Bn
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn 4.70 Bn
10 System1 21.03 Mn -54.58 Mn 23.37 Mn -15.42 Mn

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -15.42 Mn
Dec 31, 2025 17.42 Mn
Sep 30, 2025 42.68 Mn
Jun 30, 2025 53.44 Mn
Mar 31, 2025 67.66 Mn
Dec 31, 2024 85.00 Mn
Sep 30, 2024 102.85 Mn
Jun 30, 2024 129.28 Mn
Mar 31, 2024 160.41 Mn
Dec 31, 2023 169.32 Mn
Sep 30, 2023 240.14 Mn
Jun 30, 2023 396.41 Mn
Mar 31, 2023 433.96 Mn
Dec 31, 2022 470.67 Mn
Sep 30, 2022 517.45 Mn
Jun 30, 2022 823.87 Mn
Mar 31, 2022 824.52 Mn
Dec 31, 2021 -28.40 Mn
Sep 30, 2021 -57.37 Mn
Jun 30, 2021 -63.47 Mn
Mar 31, 2021 -28,000.00
Dec 31, 2020 -81.33 Mn
Sep 30, 2020 -60.85 Mn
Jun 30, 2020 -59.91 Mn
Mar 31, 2020 20,016.00