System1 (SST) Non-Current Assets (2020 - 2026)
System1 (SST) reported Non-Current Assets of $201.85 million for Q2 2026, down 29.9% from $287.89 million a year earlier and down 3.2% from the prior quarter.
System1 (SST) Non-Current Assets (2020 - 2026) Analysis & Trends
At the end of FY2025, System1 posted Non-Current Assets of $255.49 million, down 21.3% from FY2024.
- Non-Current Assets has declined for three consecutive years, with a five-year compound annual growth rate of -13.2% (FY2020 to FY2025).
- By year, Non-Current Assets came in at $324.65 million in FY2024 (-19.5%), $403.47 million in FY2023 (-61.0%), $1.03 billion in FY2022 (+830.5%) and $111.12 million in FY2021 (-78.5%).
- The Q2 2026 figure ranks as the lowest quarterly Non-Current Assets since Q4 2021.
- Year over year, Non-Current Assets has now declined in each of the last 14 quarters, with an average decline of 28.0% over the last eight quarters.
- The high point for year-over-year Non-Current Assets in five years was Q4 2022 (growth of 830.5%); the low point was Q4 2021 (a decline of 78.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $208.59 million (Q1 2026), $255.49 million (Q4 2025) and $268.54 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,164.76 Bn | 3,922.28 Bn | 73.85 Bn | 578.46 Bn |
| 2 | Meta Platforms | 1,823.40 Bn | 1,525.92 Bn | 49.47 Bn | 324.48 Bn |
| 3 | Netflix | 288.27 Bn | 248.47 Bn | 6.52 Bn | 44.60 Bn |
| 4 | Alibaba Group Holding | 252.72 Bn | 70.58 Bn | 15.11 Bn | 181.70 Bn |
| 5 | Shopify | 186.52 Bn | 163.71 Bn | 1.71 Bn | 6.65 Bn |
| 6 | Uber Technologies | 139.11 Bn | 111.09 Bn | 6.38 Bn | 53.27 Bn |
| 7 | Booking Holdings | 123.13 Bn | 56.18 Bn | - | 6.63 Bn |
| 8 | PDD Holdings | 111.72 Bn | -140.21 Bn | 9.45 Bn | 15.71 Bn |
| 9 | AppLovin | 103.35 Bn | 93.38 Bn | 1.70 Bn | 2.88 Bn |
| 10 | System1 | 27.60 Mn | -232.22 Mn | 24.27 Mn | 201.85 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 201.85 Mn |
| Mar 31, 2026 | 208.59 Mn |
| Dec 31, 2025 | 255.49 Mn |
| Sep 30, 2025 | 268.54 Mn |
| Jun 30, 2025 | 287.89 Mn |
| Mar 31, 2025 | 304.97 Mn |
| Dec 31, 2024 | 324.65 Mn |
| Sep 30, 2024 | 344.11 Mn |
| Jun 30, 2024 | 362.71 Mn |
| Mar 31, 2024 | 381.38 Mn |
| Dec 31, 2023 | 403.47 Mn |
| Sep 30, 2023 | 837.02 Mn |
| Jun 30, 2023 | 983.08 Mn |
| Mar 31, 2023 | 1.01 Bn |
| Dec 31, 2022 | 1.03 Bn |
| Sep 30, 2022 | 1.09 Bn |
| Jun 30, 2022 | 1.46 Bn |
| Mar 31, 2022 | 1.48 Bn |
| Dec 31, 2021 | 111.12 Mn |
| Sep 30, 2021 | 517.50 Mn |
System1 Non-Current Assets 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=non-current-assets&ticker=SST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "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=non-current-assets&ticker=SST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();