System1 (SST) Payables (2020 - 2026)
Quarterly results put Payables at $14.3 million for Q1 2026, up 87.02% from a year ago — trailing twelve months through Mar 2026 was $14.3 million (up 87.02% YoY), and the annual figure for FY2025 was $22.0 million, up 111.67%.
System1 has reported Payables over the past 7 years, most recently at $14.3 million for Q1 2026.
- Payables reached $14.3 million in Q1 2026 per SST's latest filing, down from $22.0 million in the prior quarter.
- Across five years, Payables topped out at $90.8 million in Q1 2022 and bottomed at $6.2 million in Q2 2024.
- Median Payables over the past 5 years was $11.3 million (2023), compared with a mean of $18.9 million.
- Peak annual rise in Payables hit 369.8% in 2022, while the deepest fall reached 97.24% in 2022.
- Over 5 years, Payables stood at $6.7 million in 2022, then skyrocketed by 41.63% to $9.5 million in 2023, then rose by 9.5% to $10.4 million in 2024, then surged by 111.67% to $22.0 million in 2025, then tumbled by 35.09% to $14.3 million in 2026.
- Business Quant data shows Payables for SST at $14.3 million in Q1 2026, $22.0 million in Q4 2025, and $23.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | 5.68 Bn |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | 1.39 Bn |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 481.01 Mn |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 549.17 Mn |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 168.00 Mn |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | 3.73 Bn |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 946.20 Mn |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 1.25 Bn |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 832.00 Mn |
| 10 | System1 | 21.03 Mn | -54.58 Mn | 23.37 Mn | 14.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.29 Mn |
| Dec 31, 2025 | 22.02 Mn |
| Sep 30, 2025 | 23.07 Mn |
| Jun 30, 2025 | 28.06 Mn |
| Mar 31, 2025 | 7.64 Mn |
| Dec 31, 2024 | 10.40 Mn |
| Sep 30, 2024 | 9.42 Mn |
| Jun 30, 2024 | 6.25 Mn |
| Mar 31, 2024 | 7.06 Mn |
| Dec 31, 2023 | 9.50 Mn |
| Sep 30, 2023 | 10.60 Mn |
| Jun 30, 2023 | 19.94 Mn |
| Mar 31, 2023 | 11.26 Mn |
| Dec 31, 2022 | 6.71 Mn |
| Sep 30, 2022 | 12.24 Mn |
| Jun 30, 2022 | 32.17 Mn |
| Mar 31, 2022 | 90.83 Mn |
| Dec 31, 2021 | 243.30 Mn |
| Sep 30, 2021 | 2.61 Mn |
| Dec 31, 2020 | 613,050.00 |