Growth Metrics

System1 (SST) Invested Capital (2021 - 2025)

System1's Invested Capital history spans 5 years, with the latest figure at $322.5 million for Q4 2025.

  • For Q4 2025, Invested Capital fell 8.31% year-over-year to $322.5 million; the TTM value through Dec 2025 reached $322.5 million, down 8.31%, while the annual FY2025 figure was $322.5 million, 8.31% down from the prior year.
  • Invested Capital for Q4 2025 was $322.5 million at System1, up from $293.5 million in the prior quarter.
  • Across five years, Invested Capital topped out at $936.5 million in Q3 2022 and bottomed at -$63.5 million in Q2 2021.
  • The 5-year median for Invested Capital is $393.7 million (2024), against an average of $457.7 million.
  • The largest annual shift saw Invested Capital surged 9162166.67% in 2022 before it tumbled 49.11% in 2024.
  • A 5-year view of Invested Capital shows it stood at $142.1 million in 2021, then soared by 523.15% to $885.2 million in 2022, then crashed by 41.39% to $518.8 million in 2023, then plummeted by 32.19% to $351.8 million in 2024, then fell by 8.31% to $322.5 million in 2025.
  • Per Business Quant, the three most recent readings for SST's Invested Capital are $322.5 million (Q4 2025), $293.5 million (Q3 2025), and $316.8 million (Q2 2025).