System1 (SST) Receivables (2021 - 2026)
System1 (SST) reported Receivables of $53.3 million for Q1 2026, down 13.77% on a YoY basis from $61.8 million in Q1 2025, and down 7.04% sequentially from $57.3 million in Q4 2025.
System1 (SST) Receivables (2021 - 2026) Analysis & Trends
System1 (SST) has 6 years of Receivables data on file, last reported at $53.3 million in Q1 2026.
- For the quarter ending Q1 2026, Receivables fell 13.77% year-over-year to $53.3 million; the trailing twelve-month figure through Mar 2026 stood at $53.3 million (down 13.77% YoY), and the FY2025 full-year result was $57.3 million, down 8.94% from the prior year.
- Receivables declined to $53.3 million in Q1 2026, from $57.3 million in the prior quarter.
- In the past five years, Receivables ranged from a high of $101.6 million in Q1 2022 to a low of $2.4 million in Q4 2022.
- A 5-year average of $62.3 million and a median of $61.8 million in 2025 frame the typical range for Receivables.
- Across the five-year window, Receivables plunged 97.34% in 2022 and surged 2237.21% in 2023, its largest moves.
- Tracing SST's Receivables over 5 years: stood at $2.4 million in 2022, then surged by 2237.21% to $56.1 million in 2023, then rose by 12.16% to $62.9 million in 2024, then dropped by 8.94% to $57.3 million in 2025, then declined by 7.04% to $53.3 million in 2026.
- Business Quant data shows SST's Receivables at $53.3 million in Q1 2026, $57.3 million in Q4 2025, and $54.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Receivables (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.31 Bn | 81.12 Bn | 1.45 Bn | 1.54 Bn |
| 2 | Rentokil Initial | 73.75 Bn | 71.25 Bn | - | 5.00 Mn |
| 3 | Relx | 60.28 Bn | 60.04 Bn | - | 3.29 Bn |
| 4 | Thomson Reuters | 38.09 Bn | 37.23 Bn | - | 1.18 Bn |
| 5 | Copart | 25.18 Bn | 21.85 Bn | 732.88 Mn | 794.47 Mn |
| 6 | Global Payments | 21.29 Bn | 16.10 Bn | 1.70 Bn | 7.21 Bn |
| 7 | Rb Global | 20.33 Bn | 20.14 Bn | 927.90 Mn | 894.80 Mn |
| 8 | UL Solutions | 17.42 Bn | 17.18 Bn | 381.00 Mn | 719.00 Mn |
| 9 | Aramark | 15.00 Bn | 14.59 Bn | 426.39 Mn | 2.48 Bn |
| 10 | System1 | 14.56 Mn | -61.04 Mn | 23.37 Mn | 53.26 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 53.26 Mn |
| Dec 31, 2025 | 57.29 Mn |
| Sep 30, 2025 | 54.36 Mn |
| Jun 30, 2025 | 70.22 Mn |
| Mar 31, 2025 | 61.76 Mn |
| Dec 31, 2024 | 62.92 Mn |
| Sep 30, 2024 | 57.60 Mn |
| Jun 30, 2024 | 61.92 Mn |
| Mar 31, 2024 | 52.74 Mn |
| Dec 31, 2023 | 56.09 Mn |
| Sep 30, 2023 | 59.39 Mn |
| Jun 30, 2023 | 62.79 Mn |
| Mar 31, 2023 | 69.32 Mn |
| Dec 31, 2022 | 2.40 Mn |
| Sep 30, 2022 | 80.43 Mn |
| Jun 30, 2022 | 95.01 Mn |
| Mar 31, 2022 | 101.57 Mn |
| Dec 31, 2021 | 90.20 Mn |