System1 (SST) Tax Rate (2021 - 2026)

System1 (SST) posted Tax Rate of 0.13% for Q1 2026, down 93.69% sequentially from 2.06% in Q4 2025, and down 185.0% YoY from 0.15% in Q1 2025.

System1 (SST) Tax Rate (2021 - 2026) Analysis & Trends

System1 has reported Tax Rate for 6 years, with the latest figure at 0.13% in Q1 2026.

Quarterly Tax Rate fell 185.0% year-over-year to 0.13% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 2.02% (up 130.0% YoY) and the FY2025 annual result came in at 3.42%, up 304.0% from the prior year.
Tax Rate eased to 0.13% in Q1 2026 per SST's latest filing, from 2.06% in the prior quarter.
Over five years, Tax Rate peaked at 45.38% in Q4 2022 and troughed at 1.95% in Q3 2024.
A 5-year average of 10.35% and a median of 4.01% in 2023 frame the typical range for Tax Rate.
The sharpest annual moves came in 2022 and 2024: Tax Rate soared 3762 bps in 2022, then tumbled 2173 bps in 2024.
Over 5 years, Tax Rate stood at 45.38% in 2022, then plunged by 44 bps to 25.62% in 2023, then slumped by 85 bps to 3.89% in 2024, then tumbled by 47 bps to 2.06% in 2025, then plunged by 94 bps to 0.13% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 0.13%, 2.06%, and 2.22% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Cintas	81.70 Bn	81.41 Bn	1.48 Bn	21.20%
2	Relx	65.71 Bn	65.53 Bn	-	-
3	Copart	31.73 Bn	28.37 Bn	732.88 Mn	20.06%
4	Global Payments	25.25 Bn	19.84 Bn	2.03 Bn	-4.72%
5	Rb Global	16.09 Bn	15.57 Bn	935.50 Mn	22.80%
6	Aramark	15.69 Bn	15.19 Bn	430.34 Mn	27.92%
7	UL Solutions	15.13 Bn	14.70 Bn	417.00 Mn	24.85%
8	Rentokil Initial	11.92 Bn	9.39 Bn	-	-
9	Dolby Laboratories	6.10 Bn	5.43 Bn	264.68 Mn	33.33%
10	System1	15.67 Mn	-25.33 Mn	24.27 Mn	0.65%

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