System1 (SST) Total Debt (2021 - 2026)
Quarterly results put Total Debt at $298.5 million for Q1 2026, up 11.6% from a year ago — trailing twelve months through Mar 2026 was $298.5 million (up 11.6% YoY), and the annual figure for FY2025 was $305.1 million, up 12.37%.
System1 has reported Total Debt over the past 6 years, most recently at $298.5 million for Q1 2026.
- Total Debt reached $298.5 million in Q1 2026 per SST's latest filing, down from $305.1 million in the prior quarter.
- Across five years, Total Debt topped out at $417.2 million in Q3 2022 and bottomed at $259.2 million in Q3 2025.
- Median Total Debt over the past 5 years was $305.1 million (2025), compared with a mean of $336.7 million.
- The largest annual shift saw Total Debt surged 143.19% in 2022 before it crashed 31.67% in 2024.
- Over 5 years, Total Debt stood at $414.5 million in 2022, then decreased by 15.69% to $349.5 million in 2023, then fell by 22.31% to $271.5 million in 2024, then increased by 12.37% to $305.1 million in 2025, then dropped by 2.18% to $298.5 million in 2026.
- Business Quant data shows Total Debt for SST at $298.5 million in Q1 2026, $305.1 million in Q4 2025, and $259.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | 7,576.63 |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | 5.57 Bn |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 2.66 Bn |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | - |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 357.00 Mn |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | 21.99 Bn |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 2.55 Bn |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 6.09 Bn |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 3.93 Bn |
| 10 | System1 | 21.03 Mn | -54.58 Mn | 23.37 Mn | 298.46 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 298.46 Mn |
| Dec 31, 2025 | 305.12 Mn |
| Sep 30, 2025 | 259.24 Mn |
| Jun 30, 2025 | 263.34 Mn |
| Mar 31, 2025 | 267.43 Mn |
| Dec 31, 2024 | 271.52 Mn |
| Sep 30, 2024 | 275.57 Mn |
| Jun 30, 2024 | 279.61 Mn |
| Mar 31, 2024 | 284.79 Mn |
| Dec 31, 2023 | 349.50 Mn |
| Sep 30, 2023 | 403.27 Mn |
| Jun 30, 2023 | 407.03 Mn |
| Mar 31, 2023 | 410.78 Mn |
| Dec 31, 2022 | 414.53 Mn |
| Sep 30, 2022 | 417.23 Mn |
| Jun 30, 2022 | 406.03 Mn |
| Mar 31, 2022 | 409.86 Mn |
| Dec 31, 2021 | 170.45 Mn |