System1 (SST) Minority Interest (2022 - 2026)
System1's Minority Interest was -$26.33 million in Q2 2026, compared with -$4.75 million a year earlier.
Analysis
System1 (SST) Minority Interest (2022 - 2026) Analysis & Trends
At the end of FY2025, Minority Interest at System1 came in at -$13.05 million.
- In earlier years, Minority Interest was $4.73 million in FY2024 (-86.1%), $34.04 million in FY2023 (-56.7%) and $78.65 million in FY2022.
- The Q2 2026 figure marks the lowest quarterly Minority Interest in data going back to Q1 2022.
- The year-over-year decline in Minority Interest has ranged between 56.7% (Q4 2023) and 98.4% (Q1 2025) over the last five years.
- Per Business Quant data, SST's Minority Interest in the three quarters before Q2 2026 was -$23.6 million (Q1 2026), -$13.05 million (Q4 2025) and -$8.42 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,917.61 Bn | 3,675.14 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,634.49 Bn | 1,337.01 Bn | 49.47 Bn |
| 3 | Netflix | 275.21 Bn | 236.51 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 235.55 Bn | 49.32 Bn | 15.11 Bn |
| 5 | Shopify | 217.60 Bn | 194.78 Bn | 1.71 Bn |
| 6 | Uber Technologies | 139.27 Bn | 111.07 Bn | 6.38 Bn |
| 7 | Booking Holdings | 123.85 Bn | 56.90 Bn | - |
| 8 | Spotify Technology | 119.76 Bn | 77.27 Bn | 1.86 Bn |
| 9 | PDD Holdings | 110.42 Bn | -133.36 Bn | 9.45 Bn |
| 10 | System1 | 17.55 Mn | -215.94 Mn | 24.27 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -26.33 Mn |
| Mar 31, 2026 | -23.60 Mn |
| Dec 31, 2025 | -13.05 Mn |
| Sep 30, 2025 | -8.42 Mn |
| Jun 30, 2025 | -4.75 Mn |
| Mar 31, 2025 | 468,000.00 |
| Dec 31, 2024 | 4.73 Mn |
| Sep 30, 2024 | 12.53 Mn |
| Jun 30, 2024 | 19.87 Mn |
| Mar 31, 2024 | 28.66 Mn |
| Dec 31, 2023 | 34.04 Mn |
| Sep 30, 2023 | 37.75 Mn |
| Jun 30, 2023 | 69.66 Mn |
| Mar 31, 2023 | 78.63 Mn |
| Dec 31, 2022 | 78.65 Mn |
| Sep 30, 2022 | 106.96 Mn |
| Jun 30, 2022 | 181.58 Mn |
| Mar 31, 2022 | 190.95 Mn |
API Access
System1 Minority Interest API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=minority-interest&ticker=SST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "minority-interest", "ticker": "SST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=minority-interest&ticker=SST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();