System1 (SST) Operating Income (2020 - 2026)
System1 (SST) reported Operating Income of -$51.0 million for Q1 2026, down 288.82% on a YoY basis from $27.0 million in Q1 2025, and down 192.58% sequentially from -$17.4 million in Q4 2025.
System1 (SST) Operating Income (2020 - 2026) Analysis & Trends
System1 (SST) has 7 years of Operating Income data on file, last reported at -$51.0 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income fell 288.82% year-over-year to -$51.0 million; the trailing twelve-month figure through Mar 2026 stood at -$100.0 million (down 31.63% YoY), and the FY2025 full-year result was -$62.0 million, up 29.98% from the prior year.
- Operating Income slipped to -$51.0 million in Q1 2026, from -$17.4 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of -$11.9 million in Q4 2024 to a low of -$355.2 million in Q3 2022.
- A 5-year average of -$45.2 million and a median of -$21.8 million in 2023 frame the typical range for Operating Income.
- Across the five-year window, Operating Income plunged 2316.24% in 2022 and jumped 94.13% in 2023, its largest moves.
- Tracing SST's Operating Income over 5 years: stood at -$54.4 million in 2022, then surged by 64.91% to -$19.1 million in 2023, then surged by 37.61% to -$11.9 million in 2024, then tumbled by 46.55% to -$17.4 million in 2025, then sank by 192.58% to -$51.0 million in 2026.
- Business Quant data shows SST's Operating Income at -$51.0 million in Q1 2026, -$17.4 million in Q4 2025, and -$15.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 659.90 Mn |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | 510.00 Mn |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | 639.00 Mn |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 464.28 Mn |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | -15.65 Mn |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 217.50 Mn |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 138.00 Mn |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 219.75 Mn |
| 10 | System1 | 14.56 Mn | -61.04 Mn | 23.37 Mn | -51.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -51.04 Mn |
| Dec 31, 2025 | -17.44 Mn |
| Sep 30, 2025 | -15.57 Mn |
| Jun 30, 2025 | -15.91 Mn |
| Mar 31, 2025 | -13.13 Mn |
| Dec 31, 2024 | -11.90 Mn |
| Sep 30, 2024 | -21.82 Mn |
| Jun 30, 2024 | -29.09 Mn |
| Mar 31, 2024 | -25.80 Mn |
| Dec 31, 2023 | -19.08 Mn |
| Sep 30, 2023 | -20.85 Mn |
| Jun 30, 2023 | -21.83 Mn |
| Mar 31, 2023 | -24.23 Mn |
| Dec 31, 2022 | -54.37 Mn |
| Sep 30, 2022 | -355.20 Mn |
| Jun 30, 2022 | -31.11 Mn |
| Mar 31, 2022 | -39.49 Mn |
| Dec 31, 2021 | 7.54 Mn |
| Sep 30, 2021 | 16.03 Mn |
| Jun 30, 2021 | 16.33 Mn |