Growth Metrics

System1 (SST) Non-Current Debt (2022 - 2026)

Quarterly results put Non-Current Debt at $221.6 million for Q1 2026, down 10.79% from a year ago — trailing twelve months through Mar 2026 was $221.6 million (down 10.79% YoY), and the annual figure for FY2025 was $228.4 million, down 10.47%.

System1 has reported Non-Current Debt over the past 5 years, most recently at $221.6 million for Q1 2026.

  • Non-Current Debt reached $221.6 million in Q1 2026 per SST's latest filing, down from $228.4 million in the prior quarter.
  • Across five years, Non-Current Debt topped out at $409.8 million in Q1 2022 and bottomed at $221.6 million in Q1 2026.
  • Median Non-Current Debt over the past 5 years was $268.6 million (2024), compared with a mean of $314.7 million.
  • The largest annual shift saw Non-Current Debt decreased 3.43% in 2023 before it plummeted 33.2% in 2024.
  • Over 5 years, Non-Current Debt stood at $399.5 million in 2022, then decreased by 16.34% to $334.2 million in 2023, then fell by 23.67% to $255.1 million in 2024, then fell by 10.47% to $228.4 million in 2025, then fell by 2.96% to $221.6 million in 2026.
  • Business Quant data shows Non-Current Debt for SST at $221.6 million in Q1 2026, $228.4 million in Q4 2025, and $235.1 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Relx 81.40 Bn 81.16 Bn - 7,576.63
2 Rentokil Initial 79.56 Bn 78.10 Bn - 4.16 Bn
3 Cintas 69.26 Bn 69.08 Bn 1.45 Bn 2.43 Bn
4 Copart 33.09 Bn 28.01 Bn 971.24 Mn -
5 UL Solutions 20.56 Bn 20.32 Bn 381.00 Mn 357.00 Mn
6 Global Payments 19.88 Bn 14.69 Bn 1.70 Bn 20.98 Bn
7 Rb Global 19.08 Bn 18.89 Bn 869.50 Mn 2.27 Bn
8 Aramark 13.57 Bn 13.16 Bn 426.35 Mn 6.06 Bn
9 Amentum Holdings 5.65 Bn 5.74 Bn 345.00 Mn 3.89 Bn
10 System1 21.03 Mn -54.58 Mn 23.37 Mn 221.65 Mn

Historic Data

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DateValue
Mar 31, 2026 221.65 Mn
Mar 31, 2026 221.65 Mn
Dec 31, 2025 228.40 Mn
Dec 31, 2025 228.40 Mn
Sep 30, 2025 235.11 Mn
Sep 30, 2025 235.11 Mn
Jun 30, 2025 241.80 Mn
Jun 30, 2025 241.80 Mn
Mar 31, 2025 248.46 Mn
Mar 31, 2025 248.46 Mn
Dec 31, 2024 255.12 Mn
Dec 31, 2024 255.12 Mn
Sep 30, 2024 259.24 Mn
Sep 30, 2024 259.24 Mn
Jun 30, 2024 263.34 Mn
Jun 30, 2024 263.34 Mn
Mar 31, 2024 268.60 Mn
Mar 31, 2024 268.60 Mn
Dec 31, 2023 334.23 Mn
Dec 31, 2023 334.23 Mn
Sep 30, 2023 388.07 Mn
Sep 30, 2023 388.07 Mn
Jun 30, 2023 391.89 Mn
Jun 30, 2023 391.89 Mn
Mar 31, 2023 395.70 Mn
Mar 31, 2023 395.70 Mn
Dec 31, 2022 399.50 Mn
Dec 31, 2022 399.50 Mn
Sep 30, 2022 402.27 Mn
Sep 30, 2022 402.27 Mn
Jun 30, 2022 406.03 Mn
Jun 30, 2022 406.03 Mn
Mar 31, 2022 409.78 Mn
Mar 31, 2022 409.78 Mn