System1 (SST) Liabilities and Shareholders Equity (2020 - 2026)

System1 has disclosed Liabilities and Shareholders Equity across 7 years of filings, most recently posting $320.3 million for Q1 2026.

• Liabilities and Shareholders Equity for Q1 2026 came in at $320.3 million, down 23.58% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.5 billion (down 17.62% YoY), and the FY2025 annual result was $405.0 million, down 11.8% from the prior year.
• Liabilities and Shareholders Equity came in at $320.3 million for Q1 2026 at System1, down from $405.0 million in the prior quarter.
• In the past five years, Liabilities and Shareholders Equity ranged from a high of $1.6 billion in Q1 2022 to a low of $320.3 million in Q1 2026.
• The 5-year median for Liabilities and Shareholders Equity is $511.3 million (2024), against an average of $750.9 million.
• Across the five-year window, Liabilities and Shareholders Equity jumped 351.7% in 2022 and plunged 52.84% in 2024, its largest moves.
• System1's Liabilities and Shareholders Equity stood at $1.2 billion in 2022, then tumbled by 47.82% to $605.5 million in 2023, then fell by 24.17% to $459.1 million in 2024, then slipped by 11.8% to $405.0 million in 2025, then fell by 20.9% to $320.3 million in 2026.
• The last three Liabilities and Shareholders Equity figures came in at $320.3 million (Q1 2026), $405.0 million (Q4 2025), and $385.2 million (Q3 2025), per Business Quant data.