System1 (SST) EBT (2020 - 2026)

System1 has disclosed EBT across 7 years of filings, most recently posting -$57.7 million for Q1 2026.

• EBT for Q1 2026 came in at -$57.7 million, down 184.87% year-over-year; the trailing twelve-month figure through Mar 2026 was -$121.5 million (down 16.74% YoY), and the FY2025 annual result was -$84.1 million, up 13.92% from the prior year.
• EBT came in at -$57.7 million for Q1 2026 at System1, down from -$18.2 million in the prior quarter.
• In the past five years, EBT ranged from a high of -$13.8 million in Q1 2024 to a low of -$369.4 million in Q3 2022.
• The 5-year median for EBT is -$34.2 million (2023), against an average of -$52.1 million.
• Across the five-year window, EBT plunged 3219.29% in 2022 and soared 92.68% in 2023, its largest moves.
• System1's EBT stood at -$53.6 million in 2022, then jumped by 36.26% to -$34.2 million in 2023, then soared by 45.14% to -$18.8 million in 2024, then rose by 3.0% to -$18.2 million in 2025, then tumbled by 217.02% to -$57.7 million in 2026.
• The last three EBT figures came in at -$57.7 million (Q1 2026), -$18.2 million (Q4 2025), and -$22.5 million (Q3 2025), per Business Quant data.