Growth Metrics

System1 (SST) EBT Margin (2021 - 2026)

Quarterly results put EBT Margin at 154.87% for Q1 2026, down 12771.0% from a year ago — trailing twelve months through Mar 2026 was 53.09% (down 2188.0% YoY), and the annual figure for FY2025 was 31.59%, down 319.0%.

System1 has reported EBT Margin over the past 6 years, most recently at 154.87% for Q1 2026.

  • EBT Margin reached 154.87% in Q1 2026 per SST's latest filing, down from 35.02% in the prior quarter.
  • Across five years, EBT Margin topped out at 15.6% in Q2 2022 and bottomed at 235.46% in Q3 2022.
  • Median EBT Margin over the past 5 years was 34.93% (2022), compared with a mean of 50.08%.
  • The largest annual shift saw EBT Margin plummeted -24236bps in 2022 before it skyrocketed 20466bps in 2023.
  • Over 5 years, EBT Margin stood at 38.29% in 2022, then increased by 7bps to 35.56% in 2023, then surged by 30bps to 24.81% in 2024, then plummeted by -41bps to 35.02% in 2025, then tumbled by -342bps to 154.87% in 2026.
  • Business Quant data shows EBT Margin for SST at 154.87% in Q1 2026, 35.02% in Q4 2025, and 36.62% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Relx 81.40 Bn 81.16 Bn - -
2 Rentokil Initial 79.56 Bn 78.10 Bn - 4.78%
3 Cintas 69.26 Bn 69.08 Bn 1.45 Bn 22.26%
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn 39.32%
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn 17.02%
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn -7.56%
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn 14.03%
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn 2.80%
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn 2.24%
10 System1 21.03 Mn -54.58 Mn 23.37 Mn -154.87%

Historic Data

Download Data 🔒
DateValue
Mar 31, 2026 -154.87%
Dec 31, 2025 -35.02%
Sep 30, 2025 -36.62%
Jun 30, 2025 -29.56%
Mar 31, 2025 -27.17%
Dec 31, 2024 -24.81%
Sep 30, 2024 -33.83%
Jun 30, 2024 -37.03%
Mar 31, 2024 -16.30%
Dec 31, 2023 -35.56%
Sep 30, 2023 -30.80%
Jun 30, 2023 -37.33%
Mar 31, 2023 -28.26%
Dec 31, 2022 -38.29%
Sep 30, 2022 -235.46%
Jun 30, 2022 -15.60%
Mar 31, 2022 -34.93%
Dec 31, 2021 1.69%
Sep 30, 2021 6.91%
Jun 30, 2021 6.99%
Mar 31, 2021 4.67%