System1 (SST) Enterprise Value (2020 - 2026)

System1 has disclosed Enterprise Value across 7 years of filings, most recently posting -$75.6 million for Q1 2026.

• Enterprise Value for Q1 2026 came in at -$75.6 million, down 69.2% year-over-year; the trailing twelve-month figure through Mar 2026 was -$75.6 million (down 69.2% YoY), and the FY2025 annual result was -$101.2 million, down 61.0% from the prior year.
• Enterprise Value came in at -$75.6 million for Q1 2026 at System1, up from -$101.2 million in the prior quarter.
• In the past five years, Enterprise Value ranged from a high of $144.0 million in Q1 2022 to a low of -$105.1 million in Q4 2023.
• The 5-year median for Enterprise Value is -$48.5 million (2024), against an average of -$16.8 million.
• Across the five-year window, Enterprise Value surged 566.63% in 2022 and slumped 305.56% in 2024, its largest moves.
• System1's Enterprise Value stood at $64.0 million in 2022, then tumbled by 264.18% to -$105.1 million in 2023, then surged by 40.22% to -$62.8 million in 2024, then sank by 61.0% to -$101.2 million in 2025, then grew by 25.27% to -$75.6 million in 2026.
• The last three Enterprise Value figures came in at -$75.6 million (Q1 2026), -$101.2 million (Q4 2025), and -$64.3 million (Q3 2025), per Business Quant data.