System1 (SST) Net Cash Flow (2020 - 2026)
System1 (SST) posted Net Cash Flow of -$36.1 million for Q1 2026, down 212.15% sequentially from $32.1 million in Q4 2025, and down 58.12% YoY from -$86.1 million in Q1 2025.
System1 (SST) Net Cash Flow (2020 - 2026) Analysis & Trends
System1 has reported Net Cash Flow for 7 years, with the latest figure at -$36.1 million in Q1 2026.
- Quarterly Net Cash Flow fell 58.12% year-over-year to -$36.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.2 million (up 122.1% YoY) and the FY2025 annual result came in at $20.4 million, up 127.08% from the prior year.
- Net Cash Flow slipped to -$36.1 million in Q1 2026 per SST's latest filing, from $32.1 million in the prior quarter.
- Over five years, Net Cash Flow peaked at $118.2 million in Q4 2023 and troughed at -$469.4 million in Q1 2022.
- A 5-year average of -$27.4 million and a median of -$4.3 million in 2022 frame the typical range for Net Cash Flow.
- The sharpest annual moves came in 2022 and 2023: Net Cash Flow tumbled 22614.68% in 2022, then surged 4480.5% in 2023.
- Over 5 years, Net Cash Flow stood at -$2.7 million in 2022, then soared by 4480.5% to $118.2 million in 2023, then tumbled by 104.68% to -$5.5 million in 2024, then soared by 681.11% to $32.1 million in 2025, then sank by 212.15% to -$36.1 million in 2026.
- According to Business Quant data, Net Cash Flow over the past three periods registered -$36.1 million, $32.1 million, and -$9.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 82.01 Bn | 81.72 Bn | 1.48 Bn | 107.73 Mn |
| 2 | Relx | 65.83 Bn | 65.65 Bn | - | - |
| 3 | Copart | 32.01 Bn | 28.65 Bn | 732.88 Mn | -1.75 Bn |
| 4 | Global Payments | 25.49 Bn | 20.08 Bn | 2.03 Bn | -434.74 Mn |
| 5 | Rb Global | 16.16 Bn | 15.64 Bn | 935.50 Mn | -199.80 Mn |
| 6 | Aramark | 15.63 Bn | 15.13 Bn | 430.34 Mn | 29.01 Mn |
| 7 | UL Solutions | 15.06 Bn | 14.63 Bn | 417.00 Mn | 177.00 Mn |
| 8 | Rentokil Initial | 11.93 Bn | 9.41 Bn | - | - |
| 9 | Dolby Laboratories | 6.15 Bn | 5.48 Bn | 264.68 Mn | 66.66 Mn |
| 10 | System1 | 16.16 Mn | -24.84 Mn | 24.27 Mn | -10.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -10.89 Mn |
| Jun 30, 2026 | -10.89 Mn |
| Mar 31, 2026 | -36.05 Mn |
| Mar 31, 2026 | -36.05 Mn |
| Dec 31, 2025 | 32.15 Mn |
| Dec 31, 2025 | 32.15 Mn |
| Sep 30, 2025 | -9.05 Mn |
| Sep 30, 2025 | -9.05 Mn |
| Jun 30, 2025 | 20.14 Mn |
| Jun 30, 2025 | 20.14 Mn |
| Mar 31, 2025 | -22.80 Mn |
| Mar 31, 2025 | -22.80 Mn |
| Dec 31, 2024 | -5.53 Mn |
| Dec 31, 2024 | -5.53 Mn |
| Sep 30, 2024 | -6.77 Mn |
| Sep 30, 2024 | -6.77 Mn |
| Jun 30, 2024 | 2.60 Mn |
| Jun 30, 2024 | 2.60 Mn |
| Mar 31, 2024 | -65.77 Mn |
| Mar 31, 2024 | -65.77 Mn |