System1 (SST) Operating Leases (2022 - 2026)
System1 (SST) reported Operating Leases of $7.8 million for Q1 2026, up 484.25% on a YoY basis from $1.3 million in Q1 2025, and down 5.25% sequentially from $8.2 million in Q4 2025.
System1 (SST) Operating Leases (2022 - 2026) Analysis & Trends
System1 (SST) has 5 years of Operating Leases data on file, last reported at $7.8 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Leases rose 484.25% year-over-year to $7.8 million; the trailing twelve-month figure through Mar 2026 stood at $7.8 million (up 484.25% YoY), and the FY2025 full-year result was $8.2 million, up 499.49% from the prior year.
- Operating Leases eased to $7.8 million in Q1 2026, from $8.2 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $8.2 million in Q4 2025 to a low of $1.3 million in Q1 2025.
- A 5-year average of $4.5 million and a median of $4.1 million in 2023 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases slumped 61.89% in 2024 and soared 499.49% in 2025, its largest moves.
- Tracing SST's Operating Leases over 5 years: stood at $5.9 million in 2022, then slumped by 39.03% to $3.6 million in 2023, then tumbled by 61.89% to $1.4 million in 2024, then soared by 499.49% to $8.2 million in 2025, then dropped by 5.25% to $7.8 million in 2026.
- Business Quant data shows SST's Operating Leases at $7.8 million in Q1 2026, $8.2 million in Q4 2025, and $2.8 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn |
| 10 | System1 | 14.56 Mn | -61.04 Mn | 23.37 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.75 Mn |
| Dec 31, 2025 | 8.18 Mn |
| Sep 30, 2025 | 2.78 Mn |
| Jun 30, 2025 | 2.86 Mn |
| Mar 31, 2025 | 1.33 Mn |
| Dec 31, 2024 | 1.37 Mn |
| Sep 30, 2024 | 1.82 Mn |
| Jun 30, 2024 | 2.34 Mn |
| Mar 31, 2024 | 2.94 Mn |
| Dec 31, 2023 | 3.58 Mn |
| Sep 30, 2023 | 4.14 Mn |
| Jun 30, 2023 | 4.78 Mn |
| Mar 31, 2023 | 5.31 Mn |
| Dec 31, 2022 | 5.88 Mn |
| Sep 30, 2022 | 6.41 Mn |
| Jun 30, 2022 | 7.07 Mn |
| Mar 31, 2022 | 7.54 Mn |