System1 (SST) Shares Outstanding (Diluted Average) (2020 - 2026)
Quarterly results put Shares Outstanding (Diluted Average) at $8.1 million for Q1 2026, up 8.75% from a year ago — trailing twelve months through Mar 2026 was $8.1 million (up 8.75% YoY), and the annual figure for FY2025 was $7.9 million, up 12.93%.
System1 has reported Shares Outstanding (Diluted Average) over the past 7 years, most recently at $8.1 million for Q1 2026.
- Shares Outstanding (Diluted Average) reached $8.1 million in Q1 2026 per SST's latest filing, up from $7.9 million in the prior quarter.
- Across five years, Shares Outstanding (Diluted Average) topped out at $94.4 million in Q3 2023 and bottomed at $6.9 million in Q2 2024.
- Median Shares Outstanding (Diluted Average) over the past 5 years was $67.8 million (2024), compared with a mean of $49.8 million.
- The largest annual shift saw Shares Outstanding (Diluted Average) skyrocketed 335.91% in 2022 before it crashed 92.68% in 2024.
- Over 5 years, Shares Outstanding (Diluted Average) stood at $89.3 million in 2022, then grew by 2.4% to $91.5 million in 2023, then plummeted by 92.4% to $7.0 million in 2024, then rose by 12.93% to $7.9 million in 2025, then rose by 3.0% to $8.1 million in 2026.
- Business Quant data shows Shares Outstanding (Diluted Average) for SST at $8.1 million in Q1 2026, $7.9 million in Q4 2025, and $8.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares (Diluted Avg.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | - |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | - |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 204.00 Mn |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | - |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 187.50 Mn |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 266.39 Mn |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | - |
| 10 | System1 | 21.03 Mn | -54.58 Mn | 23.37 Mn | 8.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.09 Mn |
| Dec 31, 2025 | 7.85 Mn |
| Sep 30, 2025 | 8.05 Mn |
| Jun 30, 2025 | 7.63 Mn |
| Mar 31, 2025 | 7.44 Mn |
| Dec 31, 2024 | 6.96 Mn |
| Sep 30, 2024 | 6.91 Mn |
| Jun 30, 2024 | 6.86 Mn |
| Mar 31, 2024 | 67.78 Mn |
| Dec 31, 2023 | 91.45 Mn |
| Sep 30, 2023 | 94.36 Mn |
| Jun 30, 2023 | 93.29 Mn |
| Mar 31, 2023 | 92.77 Mn |
| Dec 31, 2022 | 89.31 Mn |
| Sep 30, 2022 | 88.40 Mn |
| Jun 30, 2022 | 86.84 Mn |
| Mar 31, 2022 | 82.71 Mn |
| Dec 31, 2021 | 20.49 Mn |
| Sep 30, 2021 | 20.49 Mn |
| Jun 30, 2021 | 20.49 Mn |
| Mar 31, 2021 | 20.49 Mn |
| Dec 31, 2020 | 12.27 Mn |