System1 (SST) Intangibles (2021 - 2026)
Quarterly results put Intangibles at $13.9 million for Q1 2026, down 2.15% from a year ago — trailing twelve months through Mar 2026 was $13.9 million (down 2.15% YoY), and the annual figure for FY2025 was $13.7 million, down 93.85%.
System1 has reported Intangibles over the past 6 years, most recently at $13.9 million for Q1 2026.
- Intangibles reached $13.9 million in Q1 2026 per SST's latest filing, up from $13.7 million in the prior quarter.
- Across five years, Intangibles topped out at $556.3 million in Q2 2022 and bottomed at $1.3 million in Q1 2022.
- Median Intangibles over the past 5 years was $222.3 million (2024), compared with a mean of $198.3 million.
- Peak annual rise in Intangibles hit 34434.6% in 2023, while the deepest fall reached 97.84% in 2023.
- Over 5 years, Intangibles stood at $6.9 million in 2022, then soared by 4174.63% to $297.0 million in 2023, then dropped by 25.14% to $222.3 million in 2024, then plummeted by 93.85% to $13.7 million in 2025, then increased by 1.65% to $13.9 million in 2026.
- Business Quant data shows Intangibles for SST at $13.9 million in Q1 2026, $13.7 million in Q4 2025, and $14.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | 387.08 Mn |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | 8.92 Bn |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 286.75 Mn |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 57.29 Mn |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 93.00 Mn |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | 20.18 Bn |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 2.39 Bn |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 1.91 Bn |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 1.77 Bn |
| 10 | System1 | 21.03 Mn | -54.58 Mn | 23.37 Mn | 13.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.90 Mn |
| Dec 31, 2025 | 13.67 Mn |
| Sep 30, 2025 | 14.17 Mn |
| Jun 30, 2025 | 14.21 Mn |
| Mar 31, 2025 | 14.20 Mn |
| Dec 31, 2024 | 222.34 Mn |
| Sep 30, 2024 | 241.01 Mn |
| Jun 30, 2024 | 259.67 Mn |
| Mar 31, 2024 | 278.34 Mn |
| Dec 31, 2023 | 297.00 Mn |
| Sep 30, 2023 | 11.33 Mn |
| Jun 30, 2023 | 437.32 Mn |
| Mar 31, 2023 | 464.15 Mn |
| Dec 31, 2022 | 6.95 Mn |
| Sep 30, 2022 | 524.60 Mn |
| Jun 30, 2022 | 556.34 Mn |
| Mar 31, 2022 | 1.34 Mn |
| Dec 31, 2021 | 50.37 Mn |