System1 (SST) Tax Provisions (2021 - 2026)
System1 (SST) posted Tax Provisions of -$75000.0 for Q1 2026, up 80.0% sequentially from -$375000.0 in Q4 2025, and up 81.25% YoY from -$41379.3 in Q1 2025.
System1 (SST) Tax Provisions (2021 - 2026) Analysis & Trends
System1 has reported Tax Provisions for 6 years, with the latest figure at -$75000.0 in Q1 2026.
- Quarterly Tax Provisions rose 81.25% year-over-year to -$75000.0 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.4 million (down 229.3% YoY) and the FY2025 annual result came in at -$2.9 million, down 677.03% from the prior year.
- Tax Provisions grew to -$75000.0 in Q1 2026 per SST's latest filing, from -$375000.0 in the prior quarter.
- Over five years, Tax Provisions peaked at $585000.0 in Q3 2024 and troughed at -$69.8 million in Q3 2022.
- A 5-year average of -$8.3 million and a median of -$922500.0 in 2023 frame the typical range for Tax Provisions.
- The sharpest annual moves came in 2022 and 2024: Tax Provisions plunged 14793.89% in 2022, then surged 152.42% in 2024.
- Over 5 years, Tax Provisions stood at -$24.3 million in 2022, then soared by 64.02% to -$8.8 million in 2023, then jumped by 91.68% to -$729000.0 in 2024, then surged by 48.56% to -$375000.0 in 2025, then soared by 80.0% to -$75000.0 in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered -$75000.0, -$375000.0, and -$500000.0 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 81.69 Bn | 81.40 Bn | 1.48 Bn | 137.44 Mn |
| 2 | Relx | 64.97 Bn | 64.80 Bn | - | - |
| 3 | Copart | 32.09 Bn | 28.74 Bn | 732.88 Mn | 100.70 Mn |
| 4 | Global Payments | 24.80 Bn | 19.40 Bn | 2.03 Bn | -4.93 Mn |
| 5 | Rb Global | 16.24 Bn | 15.72 Bn | 935.50 Mn | 42.40 Mn |
| 6 | Aramark | 15.68 Bn | 15.18 Bn | 430.34 Mn | 37.90 Mn |
| 7 | UL Solutions | 15.20 Bn | 14.77 Bn | 417.00 Mn | 84.00 Mn |
| 8 | Rentokil Initial | 11.80 Bn | 9.27 Bn | - | - |
| 9 | Dolby Laboratories | 6.05 Bn | 5.38 Bn | 264.68 Mn | 14.60 Mn |
| 10 | System1 | 16.00 Mn | -25.00 Mn | 24.27 Mn | -100,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -100,000.00 |
| Mar 31, 2026 | -75,000.00 |
| Dec 31, 2025 | -375,000.00 |
| Sep 30, 2025 | -500,000.00 |
| Jun 30, 2025 | -1.50 Mn |
| Mar 31, 2025 | -400,000.00 |
| Dec 31, 2024 | -729,000.00 |
| Sep 30, 2024 | 585,000.00 |
| Jun 30, 2024 | -200,000.00 |
| Dec 31, 2023 | -8.76 Mn |
| Sep 30, 2023 | -1.12 Mn |
| Jun 30, 2023 | -6.67 Mn |
| Mar 31, 2023 | -3.80 Mn |
| Dec 31, 2022 | -24.34 Mn |
| Sep 30, 2022 | -69.80 Mn |
| Jun 30, 2022 | -454,000.00 |
| Mar 31, 2022 | -14.65 Mn |
| Dec 31, 2021 | 262,000.00 |
| Sep 30, 2021 | 475,000.00 |
| Jun 30, 2021 | 77,000.00 |