Growth Metrics

System1 (SST) Receivables - Net (2021 - 2025)

System1's Receivables - Net history spans 5 years, with the latest figure at $57.3 million for Q4 2025.

  • For Q4 2025, Receivables - Net fell 8.94% year-over-year to $57.3 million; the TTM value through Dec 2025 reached $57.3 million, down 8.94%, while the annual FY2025 figure was $57.3 million, 8.94% down from the prior year.
  • Receivables - Net for Q4 2025 was $57.3 million at System1, up from $54.4 million in the prior quarter.
  • Across five years, Receivables - Net topped out at $100.0 million in Q1 2022 and bottomed at $52.7 million in Q1 2024.
  • The 5-year median for Receivables - Net is $62.8 million (2023), against an average of $68.8 million.
  • The largest annual shift saw Receivables - Net plummeted 32.96% in 2023 before it grew 17.11% in 2025.
  • A 5-year view of Receivables - Net shows it stood at $90.2 million in 2021, then decreased by 10.84% to $80.4 million in 2022, then plummeted by 30.26% to $56.1 million in 2023, then increased by 12.16% to $62.9 million in 2024, then fell by 8.94% to $57.3 million in 2025.
  • Per Business Quant, the three most recent readings for SST's Receivables - Net are $57.3 million (Q4 2025), $54.4 million (Q3 2025), and $70.2 million (Q2 2025).