Growth Metrics

System1 (SST) Payables (2021 - 2025)

System1's Payables history spans 5 years, with the latest figure at $22.0 million for Q4 2025.

  • For Q4 2025, Payables rose 111.67% year-over-year to $22.0 million; the TTM value through Dec 2025 reached $22.0 million, up 111.67%, while the annual FY2025 figure was $22.0 million, 111.67% up from the prior year.
  • Payables for Q4 2025 was $22.0 million at System1, down from $23.1 million in the prior quarter.
  • Across five years, Payables topped out at $243.3 million in Q4 2021 and bottomed at $2.6 million in Q3 2021.
  • The 5-year median for Payables is $10.9 million (2023), against an average of $30.7 million.
  • The largest YoY upside for Payables was 369.8% in 2022 against a maximum downside of 97.24% in 2022.
  • A 5-year view of Payables shows it stood at $243.3 million in 2021, then plummeted by 97.24% to $6.7 million in 2022, then surged by 41.63% to $9.5 million in 2023, then grew by 9.5% to $10.4 million in 2024, then soared by 111.67% to $22.0 million in 2025.
  • Per Business Quant, the three most recent readings for SST's Payables are $22.0 million (Q4 2025), $23.1 million (Q3 2025), and $28.1 million (Q2 2025).