System1 (SST) Common Equity (2020 - 2026)

System1's (SST) quarterly Common Equity came in at -$15.4 million in Q1 2026, down 122.8% year-on-year from $67.7 million in Q1 2025, and down 188.55% quarter-over-quarter from $17.4 million in Q4 2025.

System1 (SST) Common Equity (2020 - 2026) Analysis & Trends

System1 has disclosed Common Equity across 7 years of filings, most recently posting -$15.4 million for Q1 2026.

  • Common Equity for Q1 2026 came in at -$15.4 million, down 122.8% year-over-year; the trailing twelve-month figure through Mar 2026 was -$15.4 million (down 122.8% YoY), and the FY2025 annual result was $17.4 million, down 79.51% from the prior year.
  • Common Equity came in at -$15.4 million for Q1 2026 at System1, down from $17.4 million in the prior quarter.
  • In the past five years, Common Equity ranged from a high of $824.5 million in Q1 2022 to a low of -$15.4 million in Q1 2026.
  • The 5-year median for Common Equity is $160.4 million (2024), against an average of $265.9 million.
  • Across the five-year window, Common Equity soared 2944828.57% in 2022 and sank 122.8% in 2026, its largest moves.
  • System1's 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 tumbled by 79.51% to $17.4 million in 2025, then sank by 188.55% to -$15.4 million in 2026.
  • The last three Common Equity figures came in at -$15.4 million (Q1 2026), $17.4 million (Q4 2025), and $42.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Common Equity (Qtr)
1 Cintas 70.95 Bn 70.77 Bn 1.45 Bn 4.79 Bn
2 Copart 29.43 Bn 26.09 Bn 1.08 Bn 8.77 Bn
3 Rb Global 20.04 Bn 19.85 Bn 869.50 Mn 5.62 Bn
4 UL Solutions 19.54 Bn 19.30 Bn 381.00 Mn 1.32 Bn
5 Global Payments 18.52 Bn 13.33 Bn 1.70 Bn 24.46 Bn
6 Aramark 14.28 Bn 13.87 Bn 426.35 Mn 3.28 Bn
7 Relx 11.84 Bn 11.60 Bn - 3.15 Bn
8 Amentum Holdings 5.58 Bn 5.67 Bn 345.00 Mn 4.70 Bn
9 Dolby Laboratories 5.00 Bn 4.42 Bn 350.90 Mn 2.62 Bn
10 System1 24.27 Mn -51.34 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