System1 (SST) EBT (2020 - 2026)
Quarterly results put EBT at -$57.7 million for Q1 2026, down 184.87% from a year ago — trailing twelve months through Mar 2026 was -$121.5 million (down 16.74% YoY), and the annual figure for FY2025 was -$84.1 million, up 13.92%.
System1 has reported EBT over the past 7 years, most recently at -$57.7 million for Q1 2026.
- EBT reached -$57.7 million in Q1 2026 per SST's latest filing, down from -$18.2 million in the prior quarter.
- Across five years, EBT topped out at -$13.8 million in Q1 2024 and bottomed at -$369.4 million in Q3 2022.
- Median EBT over the past 5 years was -$34.2 million (2023), compared with a mean of -$52.1 million.
- The largest annual shift saw EBT crashed 3219.29% in 2022 before it soared 92.68% in 2023.
- Over 5 years, EBT stood at -$53.6 million in 2022, then skyrocketed 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 plummeted by 217.02% to -$57.7 million in 2026.
- Business Quant data shows EBT for SST at -$57.7 million in Q1 2026, -$18.2 million in Q4 2025, and -$22.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | 7,442.28 |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | 318.00 Mn |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 632.50 Mn |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 441.05 Mn |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 129.00 Mn |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | -224.50 Mn |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 173.20 Mn |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 137.51 Mn |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 78.00 Mn |
| 10 | System1 | 21.03 Mn | -54.58 Mn | 23.37 Mn | -57.67 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -57.67 Mn |
| Dec 31, 2025 | -18.19 Mn |
| Sep 30, 2025 | -22.55 Mn |
| Jun 30, 2025 | -23.09 Mn |
| Mar 31, 2025 | -20.24 Mn |
| Dec 31, 2024 | -18.75 Mn |
| Sep 30, 2024 | -30.05 Mn |
| Jun 30, 2024 | -35.02 Mn |
| Mar 31, 2024 | -13.84 Mn |
| Dec 31, 2023 | -34.18 Mn |
| Sep 30, 2023 | -27.04 Mn |
| Jun 30, 2023 | -36.18 Mn |
| Mar 31, 2023 | -34.22 Mn |
| Dec 31, 2022 | -53.63 Mn |
| Sep 30, 2022 | -369.42 Mn |
| Jun 30, 2022 | -34.30 Mn |
| Mar 31, 2022 | -58.03 Mn |
| Dec 31, 2021 | 3.38 Mn |
| Sep 30, 2021 | 11.84 Mn |
| Jun 30, 2021 | 11.85 Mn |
| Mar 31, 2021 | 6.89 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 |