System1 (SST) Invested Capital (2020 - 2026)

System1 has disclosed Invested Capital across 7 years of filings, most recently posting $283.0 million for Q1 2026.

• Invested Capital for Q1 2026 came in at $283.0 million, down 15.53% year-over-year; the trailing twelve-month figure through Mar 2026 was $283.0 million (down 15.53% YoY), and the FY2025 annual result was $322.5 million, down 9.53% from the prior year.
• Invested Capital came in at $283.0 million for Q1 2026 at System1, down from $322.5 million in the prior quarter.
• In the past five years, Invested Capital ranged from a high of $936.5 million in Q3 2022 to a low of $283.0 million in Q1 2026.
• The 5-year median for Invested Capital is $445.2 million (2024), against an average of $554.1 million.
• Across the five-year window, Invested Capital surged 1732.31% in 2022 and tumbled 49.11% in 2024, its largest moves.
• System1's Invested Capital stood at $885.2 million in 2022, then sank by 41.39% to $518.8 million in 2023, then tumbled by 31.28% to $356.5 million in 2024, then decreased by 9.53% to $322.5 million in 2025, then dropped by 12.25% to $283.0 million in 2026.
• The last three Invested Capital figures came in at $283.0 million (Q1 2026), $322.5 million (Q4 2025), and $293.5 million (Q3 2025), per Business Quant data.