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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,180.92 Bn | 3,938.44 Bn | 73.85 Bn | 12.15 Bn |
| 2 | Meta Platforms | 1,847.76 Bn | 1,550.28 Bn | 49.47 Bn | 2.55 Bn |
| 3 | Netflix | 289.73 Bn | 249.92 Bn | 6.52 Bn | 4.16 Bn |
| 4 | Alibaba Group Holding | 249.81 Bn | 67.68 Bn | 15.11 Bn | - |
| 5 | Shopify | 192.08 Bn | 169.26 Bn | 1.71 Bn | 1.30 Bn |
| 6 | Uber Technologies | 139.76 Bn | 111.74 Bn | 6.38 Bn | 2.04 Bn |
| 7 | Booking Holdings | 122.41 Bn | 55.46 Bn | - | 751.38 Mn |
| 8 | PDD Holdings | 110.94 Bn | -140.99 Bn | 9.45 Bn | - |
| 9 | Spotify Technology | 100.32 Bn | 57.56 Bn | 1.86 Bn | - |
| 10 | System1 | 26.68 Mn | -233.14 Mn | 24.27 Mn | 10.19 Mn |
Historic Data
Download Data
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 | 7.76 Mn |
API Access
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_KEYimport 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();