System1 (SST) Other Operating Expenses (2020 - 2026)
System1 (SST) recorded Other Operating Expenses of $23.95 million in Q2 2026, down 68.7% from $76.51 million a year earlier and down 66.5% from the prior quarter.
System1 (SST) Other Operating Expenses (2020 - 2026) Analysis & Trends
On a TTM basis, System1's Other Operating Expenses came in at $206.34 million as of Jun 30, 2026, down 33.5% year-over-year; for FY2025, it came in at $258.48 million, down 27.2% from FY2024.
- Annual Other Operating Expenses has declined for three straight years, though with a five-year compound annual growth rate of 217.1% (FY2020 to FY2025).
- Across earlier years, Other Operating Expenses came in at $355.21 million in FY2024 (-17.9%), $432.85 million in FY2023 (-57.5%), $1.02 billion in FY2022 and $3.16 million in FY2021 (+292.1%).
- The Q2 2026 figure is the lowest quarterly Other Operating Expenses since Q4 2020.
- On a year-over-year basis, Other Operating Expenses rose in 1 of the last eight quarters, with an average decline of 26.7%.
- Peak year-over-year performance for Other Operating Expenses in the last five years was growth of 239.4% in Q3 2022, against a decline of 80.6% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $71.48 million (Q1 2026), $50.73 million (Q4 2025) and $60.17 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 3,505.75 Bn | 3,240.65 Bn | 76.16 Bn |
| 2 | Meta Platforms | 1,636.37 Bn | 1,300.89 Bn | 51.23 Bn |
| 3 | Netflix | 264.79 Bn | 226.09 Bn | 6.80 Bn |
| 4 | Alibaba Group Holding | 244.49 Bn | 58.13 Bn | 15.16 Bn |
| 5 | Shopify | 196.00 Bn | 174.81 Bn | 1.78 Bn |
| 6 | Uber Technologies | 145.16 Bn | 115.98 Bn | 6.42 Bn |
| 7 | AppLovin | 136.87 Bn | 125.40 Bn | 1.94 Bn |
| 8 | Spotify Technology | 125.04 Bn | 81.96 Bn | 1.89 Bn |
| 9 | Booking Holdings | 122.68 Bn | 56.42 Bn | - |
| 10 | System1 | 14.21 Mn | -219.28 Mn | 24.27 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.95 Mn |
| Mar 31, 2026 | 71.48 Mn |
| Dec 31, 2025 | 50.73 Mn |
| Sep 30, 2025 | 60.17 Mn |
| Jun 30, 2025 | 76.51 Mn |
| Mar 31, 2025 | 71.07 Mn |
| Dec 31, 2024 | 69.69 Mn |
| Sep 30, 2024 | 93.18 Mn |
| Jun 30, 2024 | 102.44 Mn |
| Mar 31, 2024 | 90.80 Mn |
| Dec 31, 2023 | 102.90 Mn |
| Sep 30, 2023 | 96.86 Mn |
| Jun 30, 2023 | 103.40 Mn |
| Mar 31, 2023 | 130.49 Mn |
| Dec 31, 2022 | 180.59 Mn |
| Sep 30, 2022 | 500.27 Mn |
| Jun 30, 2022 | 234.01 Mn |
| Mar 31, 2022 | 190.39 Mn |
| Dec 31, 2021 | 177.55 Mn |
| Sep 30, 2021 | 147.41 Mn |
System1 Other Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=SST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-expenses", "ticker": "SST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=SST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();