System1 (SST) EBITDA (2021 - 2026)
System1 (SST) posted EBITDA of -$1.47 million for Q2 2026, compared with $4.66 million a year earlier.
Analysis
System1 (SST) EBITDA (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBITDA at System1 was -$31.57 million; for FY2025, it came in at $20.82 million.
- Annual EBITDA shows a four-year compound annual growth rate of -24.7% (FY2021 to FY2025).
- In prior years, System1's EBITDA was -$8.49 million in FY2024, $19.22 million in FY2023, -$339.03 million in FY2022 and $64.72 million in FY2021.
- Quarterly EBITDA has run from a low of -$336.27 million in Q3 2022 to a high of $19.49 million in Q3 2021 over five years.
- According to Business Quant data, EBITDA for the three prior quarters was -$38.91 million (Q1 2026), $3.59 million (Q4 2025) and $5.22 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,056.92 Bn | 3,814.44 Bn | 73.85 Bn | 47.87 Bn |
| 2 | Meta Platforms | 1,810.97 Bn | 1,513.49 Bn | 49.47 Bn | 25.13 Bn |
| 3 | Netflix | 274.15 Bn | 234.34 Bn | 6.52 Bn | 8.60 Bn |
| 4 | Alibaba Group Holding | 243.05 Bn | 56.82 Bn | 15.11 Bn | - |
| 5 | Shopify | 230.06 Bn | 207.24 Bn | 1.71 Bn | 495.00 Mn |
| 6 | Uber Technologies | 139.17 Bn | 110.97 Bn | 6.38 Bn | 2.09 Bn |
| 7 | Booking Holdings | 121.90 Bn | 54.95 Bn | - | 2.63 Bn |
| 8 | PDD Holdings | 110.14 Bn | -133.63 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 108.32 Bn | 65.82 Bn | 1.86 Bn | 795.06 Mn |
| 10 | System1 | 17.80 Mn | -215.69 Mn | 24.27 Mn | -638,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -638,000.00 |
| Mar 31, 2026 | -38.06 Mn |
| Dec 31, 2025 | 4.47 Mn |
| Sep 30, 2025 | 6.12 Mn |
| Jun 30, 2025 | 5.57 Mn |
| Mar 31, 2025 | 8.26 Mn |
| Dec 31, 2024 | 9.28 Mn |
| Sep 30, 2024 | -724,000.00 |
| Jun 30, 2024 | -8.17 Mn |
| Mar 31, 2024 | -4.96 Mn |
| Dec 31, 2023 | 2.52 Mn |
| Sep 30, 2023 | 460,000.00 |
| Jun 30, 2023 | 796,000.00 |
| Mar 31, 2023 | 5.15 Mn |
| Dec 31, 2022 | -20.66 Mn |
| Sep 30, 2022 | -334.96 Mn |
| Jun 30, 2022 | 2.30 Mn |
| Mar 31, 2022 | -16.65 Mn |
| Dec 31, 2021 | 11.73 Mn |
| Sep 30, 2021 | 20.05 Mn |
API Access
System1 EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=SST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "SST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=SST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();