System1 (SST) Operating Leases (2022 - 2026)
System1 (SST) posted Operating Leases of $7.8 million for Q1 2026, down 5.25% sequentially from $8.2 million in Q4 2025, and up 484.25% YoY from $1.3 million in Q1 2025.
System1 (SST) Operating Leases (2022 - 2026) Analysis & Trends
System1 has reported Operating Leases for 5 years, with the latest figure at $7.8 million in Q1 2026.
- Quarterly Operating Leases rose 484.25% year-over-year to $7.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $7.8 million (up 484.25% YoY) and the FY2025 annual result came in at $8.2 million, up 499.49% from the prior year.
- Operating Leases eased to $7.8 million in Q1 2026 per SST's latest filing, from $8.2 million in the prior quarter.
- Over five years, Operating Leases peaked at $8.2 million in Q4 2025 and troughed at $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.
- The sharpest annual moves came in 2024 and 2025: Operating Leases plunged 61.89% in 2024, then surged 499.49% in 2025.
- Over 5 years, Operating Leases stood at $5.9 million in 2022, then sank by 39.03% to $3.6 million in 2023, then slumped by 61.89% to $1.4 million in 2024, then soared by 499.49% to $8.2 million in 2025, then retreated by 5.25% to $7.8 million in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $7.8 million, $8.2 million, and $2.8 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn |
| 10 | System1 | 16.00 Mn | -25.00 Mn | 24.27 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.31 Mn |
| 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 |