System1 (SST) Shares Outstanding (Entity) (2020 - 2026)
System1 (SST) reported Shares Outstanding (Entity) of 10.19 million for Q2 2026, up 3.1% from 9.88 million a year earlier and up 0.7% from the prior quarter.
System1 (SST) Shares Outstanding (Entity) (2020 - 2026) Analysis & Trends
For FY2025, System1 posted Shares Outstanding (Entity) of 11.85 million, up 6.7% from FY2024.
- Shares Outstanding (Entity) has a five-year compound annual growth rate of 8.6% (FY2020 to FY2025).
- By year, Shares Outstanding (Entity) came in at 11.11 million in FY2024 (+21.5%), 9.15 million in FY2023 (-33.1%), 13.67 million in FY2022 (+111.3%) and 6.47 million in FY2021 (-17.4%).
- Five-year quarterly Shares Outstanding (Entity) spans a low of 6.47 million in Q4 2021 and a high of 13.67 million in Q4 2022.
- Year over year, Shares Outstanding (Entity) has now increased in each of the last seven quarters, with growth averaging 5.0% over the last eight quarters.
- The high point for year-over-year Shares Outstanding (Entity) in five years was Q3 2021 (growth of 176.4%); the low point was Q4 2023 (a decline of 33.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 10.12 million (Q1 2026), 11.85 million (Q4 2025) and 9.97 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 3,505.75 Bn | 3,240.65 Bn | 76.16 Bn | - |
| 2 | Meta Platforms | 1,636.37 Bn | 1,300.89 Bn | 51.23 Bn | 2.56 Bn |
| 3 | Netflix | 264.79 Bn | 226.09 Bn | 6.80 Bn | 4.11 Bn |
| 4 | Alibaba Group Holding | 244.49 Bn | 58.13 Bn | 15.16 Bn | - |
| 5 | Shopify | 196.00 Bn | 174.81 Bn | 1.78 Bn | 1.29 Bn |
| 6 | Uber Technologies | 145.16 Bn | 115.98 Bn | 6.42 Bn | 2.04 Bn |
| 7 | AppLovin | 136.87 Bn | 125.40 Bn | 1.94 Bn | 331.32 Mn |
| 8 | Spotify Technology | 125.04 Bn | 81.96 Bn | 1.89 Bn | - |
| 9 | Booking Holdings | 122.68 Bn | 56.42 Bn | - | 743.70 Mn |
| 10 | System1 | 14.21 Mn | -219.28 Mn | 24.27 Mn | 10.19 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.19 Mn |
| Mar 31, 2026 | 10.12 Mn |
| Dec 31, 2025 | 11.85 Mn |
| Sep 30, 2025 | 9.97 Mn |
| Jun 30, 2025 | 9.88 Mn |
| Mar 31, 2025 | 9.36 Mn |
| Dec 31, 2024 | 11.11 Mn |
| Sep 30, 2024 | 9.17 Mn |
| Jun 30, 2024 | 9.05 Mn |
| Mar 31, 2024 | 9.01 Mn |
| Dec 31, 2023 | 9.15 Mn |
| Sep 30, 2023 | 11.58 Mn |
| Jun 30, 2023 | 11.51 Mn |
| Mar 31, 2023 | 11.47 Mn |
| Dec 31, 2022 | 13.67 Mn |
| Sep 30, 2022 | 13.50 Mn |
| Jun 30, 2022 | 12.74 Mn |
| Mar 31, 2022 | 12.74 Mn |
| Dec 31, 2021 | 6.47 Mn |
| Sep 30, 2021 | 6.47 Mn |
System1 Shares Outstanding (Entity) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding-entity&ticker=SST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "ticker": "SST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding-entity&ticker=SST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();