System1 (SST) Free Cash Flow (2020 - 2026)
System1 (SST) reported Free Cash Flow of -$28.3 million for Q1 2026, down 64.82% on a YoY basis from -$80.5 million in Q1 2025, and down 166.11% sequentially from -$10.6 million in Q4 2025.
System1 (SST) Free Cash Flow (2020 - 2026) Analysis & Trends
System1 (SST) has 7 years of Free Cash Flow data on file, last reported at -$28.3 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow fell 64.82% year-over-year to -$28.3 million; the trailing twelve-month figure through Mar 2026 stood at -$15.3 million (down 136.69% YoY), and the FY2025 full-year result was -$4.2 million, up 20.68% from the prior year.
- Free Cash Flow declined to -$28.3 million in Q1 2026, from -$10.6 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $25.7 million in Q2 2025 to a low of -$32.3 million in Q1 2022.
- A 5-year average of -$4.0 million and a median of -$4.9 million in 2024 frame the typical range for Free Cash Flow.
- Across the five-year window, Free Cash Flow tumbled 497.06% in 2023 and soared 157.63% in 2025, its largest moves.
- Tracing SST's Free Cash Flow over 5 years: stood at $5.6 million in 2022, then plunged by 497.06% to -$22.4 million in 2023, then jumped by 125.29% to $5.7 million in 2024, then sank by 287.55% to -$10.6 million in 2025, then plunged by 166.11% to -$28.3 million in 2026.
- Business Quant data shows SST's Free Cash Flow at -$28.3 million in Q1 2026, -$10.6 million in Q4 2025, and -$2.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 84.44 Bn | 84.26 Bn | 1.45 Bn | 530.57 Mn |
| 2 | Rentokil Initial | 72.59 Bn | 70.09 Bn | - | - |
| 3 | Relx | 65.46 Bn | 65.22 Bn | - | - |
| 4 | Thomson Reuters | 43.38 Bn | 42.52 Bn | - | 661.00 Mn |
| 5 | Copart | 27.84 Bn | 24.49 Bn | 732.88 Mn | 503.31 Mn |
| 6 | Global Payments | 22.95 Bn | 17.09 Bn | 1.70 Bn | -550.16 Mn |
| 7 | Rb Global | 21.64 Bn | 21.45 Bn | 927.90 Mn | 172.60 Mn |
| 8 | UL Solutions | 18.05 Bn | 17.80 Bn | 381.00 Mn | 178.00 Mn |
| 9 | Aramark | 15.19 Bn | 14.71 Bn | 426.39 Mn | 298.98 Mn |
| 10 | System1 | 15.53 Mn | -36.47 Mn | 23.37 Mn | -28.31 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -28.31 Mn |
| Mar 31, 2026 | -28.31 Mn |
| Dec 31, 2025 | -10.64 Mn |
| Dec 31, 2025 | -10.64 Mn |
| Sep 30, 2025 | -2.05 Mn |
| Sep 30, 2025 | -2.05 Mn |
| Jun 30, 2025 | 25.67 Mn |
| Jun 30, 2025 | 25.67 Mn |
| Mar 31, 2025 | -17.18 Mn |
| Mar 31, 2025 | -17.18 Mn |
| Dec 31, 2024 | 5.67 Mn |
| Dec 31, 2024 | 5.67 Mn |
| Sep 30, 2024 | -4.94 Mn |
| Sep 30, 2024 | -4.94 Mn |
| Jun 30, 2024 | 9.97 Mn |
| Jun 30, 2024 | 9.97 Mn |
| Mar 31, 2024 | -15.99 Mn |
| Mar 31, 2024 | -15.99 Mn |
| Dec 31, 2023 | -22.43 Mn |
| Dec 31, 2023 | -22.43 Mn |