Growth Metrics

System1 (SST) EBITDA Margin (2021 - 2025)

System1's EBITDA Margin history spans 5 years, with the latest figure at 33.58% for Q4 2025.

  • For Q4 2025, EBITDA Margin fell 1784.0% year-over-year to 33.58%; the TTM value through Dec 2025 reached 23.31%, up 245.0%, while the annual FY2025 figure was 23.31%, 245.0% up from the prior year.
  • EBITDA Margin for Q4 2025 was 33.58% at System1, down from 25.28% in the prior quarter.
  • Across five years, EBITDA Margin topped out at 9.68% in Q2 2021 and bottomed at 579.46% in Q4 2022.
  • The 5-year median for EBITDA Margin is 23.04% (2022), against an average of 47.4%.
  • The largest annual shift saw EBITDA Margin plummeted -58327bps in 2022 before it soared 49870bps in 2023.
  • A 5-year view of EBITDA Margin shows it stood at 3.81% in 2021, then crashed by -15326bps to 579.46% in 2022, then soared by 86bps to 80.76% in 2023, then soared by 81bps to 15.75% in 2024, then crashed by -113bps to 33.58% in 2025.
  • Per Business Quant, the three most recent readings for SST's EBITDA Margin are 33.58% (Q4 2025), 25.28% (Q3 2025), and 20.36% (Q2 2025).