Growth Metrics

System1 (SST) EBIT (2020 - 2026)

Quarterly results put EBIT at -$51.0 million for Q1 2026, down 288.82% from a year ago — trailing twelve months through Mar 2026 was -$100.0 million (down 31.63% YoY), and the annual figure for FY2025 was -$62.0 million, up 29.98%.

System1 has reported EBIT over the past 7 years, most recently at -$51.0 million for Q1 2026.

  • EBIT reached -$51.0 million in Q1 2026 per SST's latest filing, down from -$17.4 million in the prior quarter.
  • Across five years, EBIT topped out at -$11.9 million in Q4 2024 and bottomed at -$355.2 million in Q3 2022.
  • Median EBIT over the past 5 years was -$21.8 million (2023), compared with a mean of -$45.2 million.
  • The largest annual shift saw EBIT plummeted 2316.24% in 2022 before it skyrocketed 94.13% in 2023.
  • Over 5 years, EBIT stood at -$54.4 million in 2022, then soared by 64.91% to -$19.1 million in 2023, then soared by 37.61% to -$11.9 million in 2024, then plummeted by 46.55% to -$17.4 million in 2025, then plummeted by 192.58% to -$51.0 million in 2026.
  • Business Quant data shows EBIT for SST at -$51.0 million in Q1 2026, -$17.4 million in Q4 2025, and -$15.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT (Qtr)
1 Relx 81.40 Bn 81.16 Bn - 7,442.28
2 Rentokil Initial 79.56 Bn 78.10 Bn - 510.00 Mn
3 Cintas 69.26 Bn 69.08 Bn 1.45 Bn 659.90 Mn
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn 388.71 Mn
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn 138.00 Mn
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn -15.65 Mn
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn 217.50 Mn
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn 219.75 Mn
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn 151.00 Mn
10 System1 21.03 Mn -54.58 Mn 23.37 Mn -51.04 Mn

Historic Data

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DateValue
Mar 31, 2026 -51.04 Mn
Dec 31, 2025 -17.44 Mn
Sep 30, 2025 -15.57 Mn
Jun 30, 2025 -15.91 Mn
Mar 31, 2025 -13.13 Mn
Dec 31, 2024 -11.90 Mn
Sep 30, 2024 -21.82 Mn
Jun 30, 2024 -29.09 Mn
Mar 31, 2024 -25.80 Mn
Dec 31, 2023 -19.08 Mn
Sep 30, 2023 -20.85 Mn
Jun 30, 2023 -21.83 Mn
Mar 31, 2023 -24.23 Mn
Dec 31, 2022 -54.37 Mn
Sep 30, 2022 -355.20 Mn
Jun 30, 2022 -31.11 Mn
Mar 31, 2022 -39.49 Mn
Dec 31, 2021 7.54 Mn
Sep 30, 2021 16.03 Mn
Jun 30, 2021 16.33 Mn
Mar 31, 2021 10.94 Mn
Dec 31, 2020 -596,007.00
Sep 30, 2020 -173,155.00
Jun 30, 2020 -31,882.00
Mar 31, 2020 -4,984.00