System1 (SST) Shares Outstanding (Diluted Average) (2020 - 2026)

System1 has disclosed Shares Outstanding (Diluted Average) across 7 years of filings, most recently posting $8.1 million for Q1 2026.

• Shares Outstanding (Diluted Average) for Q1 2026 came in at $8.1 million, up 8.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.1 million (up 8.75% YoY), and the FY2025 annual result was $7.9 million, up 12.93% from the prior year.
• Shares Outstanding (Diluted Average) came in at $8.1 million for Q1 2026 at System1, up from $7.9 million in the prior quarter.
• In the past five years, Shares Outstanding (Diluted Average) ranged from a high of $94.4 million in Q3 2023 to a low of $6.9 million in Q2 2024.
• The 5-year median for Shares Outstanding (Diluted Average) is $67.8 million (2024), against an average of $49.8 million.
• Across the five-year window, Shares Outstanding (Diluted Average) jumped 335.91% in 2022 and plunged 92.68% in 2024, its largest moves.
• System1's Shares Outstanding (Diluted Average) stood at $89.3 million in 2022, then gained by 2.4% to $91.5 million in 2023, then tumbled by 92.4% to $7.0 million in 2024, then rose by 12.93% to $7.9 million in 2025, then climbed by 3.0% to $8.1 million in 2026.
• The last three Shares Outstanding (Diluted Average) figures came in at $8.1 million (Q1 2026), $7.9 million (Q4 2025), and $8.1 million (Q3 2025), per Business Quant data.