System1 (SST) EBITDA Margin (2021 - 2026)
Quarterly results put EBITDA Margin at 137.07% for Q1 2026, down 11946.0% from a year ago — trailing twelve months through Mar 2026 was 43.68% (down 2091.0% YoY), and the annual figure for FY2025 was 23.31%, up 219.0%.
System1 has reported EBITDA Margin over the past 6 years, most recently at 137.07% for Q1 2026.
- EBITDA Margin reached 137.07% in Q1 2026 per SST's latest filing, down from 33.58% in the prior quarter.
- Across five years, EBITDA Margin topped out at 14.09% in Q2 2022 and bottomed at 226.23% in Q3 2022.
- Median EBITDA Margin over the past 5 years was 23.75% (2023), compared with a mean of 42.61%.
- The largest annual shift saw EBITDA Margin plummeted -23562bps in 2022 before it surged 20248bps in 2023.
- Over 5 years, EBITDA Margin stood at 38.83% in 2022, then surged by 49bps to 19.85% in 2023, then increased by 21bps to 15.75% in 2024, then tumbled by -113bps to 33.58% in 2025, then tumbled by -308bps to 137.07% in 2026.
- Business Quant data shows EBITDA Margin for SST at 137.07% in Q1 2026, 33.58% in Q4 2025, and 25.28% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | 7.67% |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 23.22% |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 34.65% |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 18.21% |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | -0.53% |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 17.62% |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 4.48% |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 4.34% |
| 10 | System1 | 21.03 Mn | -54.58 Mn | 23.37 Mn | -137.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -137.07% |
| Dec 31, 2025 | -33.58% |
| Sep 30, 2025 | -25.28% |
| Jun 30, 2025 | -20.36% |
| Mar 31, 2025 | -17.62% |
| Dec 31, 2024 | -15.75% |
| Sep 30, 2024 | -24.56% |
| Jun 30, 2024 | -30.75% |
| Mar 31, 2024 | -30.38% |
| Dec 31, 2023 | -19.85% |
| Sep 30, 2023 | -23.75% |
| Jun 30, 2023 | -22.52% |
| Mar 31, 2023 | -20.00% |
| Dec 31, 2022 | -38.83% |
| Sep 30, 2022 | -226.23% |
| Jun 30, 2022 | -14.09% |
| Mar 31, 2022 | -23.70% |
| Dec 31, 2021 | 3.81% |
| Sep 30, 2021 | 9.39% |
| Jun 30, 2021 | 9.68% |
| Mar 31, 2021 | 7.47% |