System1 (SST) Payables (2020 - 2026)
System1 (SST) posted Payables of $14.3 million for Q1 2026, down 35.09% sequentially from $22.0 million in Q4 2025, and up 87.02% YoY from $7.6 million in Q1 2025.
System1 (SST) Payables (2020 - 2026) Analysis & Trends
System1 has reported Payables for 7 years, with the latest figure at $14.3 million in Q1 2026.
- Quarterly Payables rose 87.02% year-over-year to $14.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $14.3 million (up 87.02% YoY) and the FY2025 annual result came in at $22.0 million, up 111.67% from the prior year.
- Payables declined to $14.3 million in Q1 2026 per SST's latest filing, from $22.0 million in the prior quarter.
- Over five years, Payables peaked at $90.8 million in Q1 2022 and troughed at $2.4 million in Q2 2023.
- A 5-year average of $17.9 million and a median of $10.6 million in 2023 frame the typical range for Payables.
- The widest YoY moves for Payables: up 369.8% in 2022, down 97.24% in 2022.
- Over 5 years, Payables stood at $6.7 million in 2022, then soared by 41.63% to $9.5 million in 2023, then increased by 9.5% to $10.4 million in 2024, then jumped by 111.67% to $22.0 million in 2025, then plunged by 35.09% to $14.3 million in 2026.
- According to Business Quant data, Payables over the past three periods registered $14.3 million, $22.0 million, and $23.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 461.16 Mn |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | 5.68 Bn |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 598.29 Mn |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | 3.71 Bn |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 709.90 Mn |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 1.14 Bn |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 179.00 Mn |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | 10.46 Bn |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 12.47 Mn |
| 10 | System1 | 16.00 Mn | -25.00 Mn | 24.27 Mn | 15.14 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.14 Mn |
| 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 | 2.40 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 |