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
DateValue
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