System1 (SST) Share-based Compensation (2021 - 2026)

System1 has disclosed Share-based Compensation across 6 years of filings, most recently posting $1.3 million for Q1 2026.

• Share-based Compensation for Q1 2026 came in at $1.3 million, down 52.32% year-over-year; the trailing twelve-month figure through Mar 2026 was $9.9 million (down 31.29% YoY), and the FY2025 annual result was $11.3 million, down 28.24% from the prior year.
• Share-based Compensation came in at $1.3 million for Q1 2026 at System1, down from $1.3 million in the prior quarter.
• In the past five years, Share-based Compensation ranged from a high of $32.3 million in Q1 2022 to a low of $1.3 million in Q1 2026.
• The 5-year median for Share-based Compensation is $4.6 million (2024), against an average of $11.2 million.
• Across the five-year window, Share-based Compensation jumped 32166.67% in 2022 and slumped 80.59% in 2024, its largest moves.
• System1's Share-based Compensation stood at $19.5 million in 2022, then slumped by 53.93% to $9.0 million in 2023, then slumped by 49.08% to $4.6 million in 2024, then slumped by 71.83% to $1.3 million in 2025, then dropped by 1.79% to $1.3 million in 2026.
• The last three Share-based Compensation figures came in at $1.3 million (Q1 2026), $1.3 million (Q4 2025), and $2.8 million (Q3 2025), per Business Quant data.