System1 (SSTPW) Change in Account Payables (2021 - 2026)

System1's (SSTPW) quarterly Change in Account Payables came in at -$7.7 million in Q1 2026, down 179.93% year-on-year from $9.7 million in Q1 2025, and down 636.51% quarter-over-quarter from -$1.0 million in Q4 2025.

System1 (SSTPW) Change in Account Payables (2021 - 2026) Analysis & Trends

System1 has disclosed Change in Account Payables across 6 years of filings, most recently posting -$7.7 million for Q1 2026.

  • Change in Account Payables for Q1 2026 came in at -$7.7 million, down 179.93% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.0 million (up 1099.49% YoY), and the FY2025 annual result was $12.0 million, up 1229.68% from the prior year.
  • Change in Account Payables came in at -$7.7 million for Q1 2026 at System1, down from -$1.0 million in the prior quarter.
  • In the past five years, Change in Account Payables ranged from a high of $66.1 million in Q1 2022 to a low of -$59.6 million in Q2 2022.
  • The 5-year median for Change in Account Payables is -$1.0 million (2025), against an average of $29941.2.
  • Across the five-year window, Change in Account Payables plunged 8685.0% in 2023 and soared 2678.44% in 2025, its largest moves.
  • System1's Change in Account Payables stood at $140000.0 in 2022, then slumped by 8685.0% to -$12.0 million in 2023, then surged by 108.14% to $978000.0 in 2024, then slumped by 207.26% to -$1.0 million in 2025, then slumped by 636.51% to -$7.7 million in 2026.
  • The last three Change in Account Payables figures came in at -$7.7 million (Q1 2026), -$1.0 million (Q4 2025), and -$5.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Account Payables (Qtr)
1 Cintas 70.95 Bn 70.77 Bn 1.45 Bn -23.57 Mn
2 Copart 29.43 Bn 26.09 Bn 1.08 Bn -
3 Rb Global 20.04 Bn 19.85 Bn 869.50 Mn -
4 UL Solutions 19.54 Bn 19.30 Bn 381.00 Mn -2.00 Mn
5 Global Payments 18.52 Bn 13.33 Bn 1.70 Bn -
6 Aramark 14.28 Bn 13.87 Bn 426.35 Mn -24.88 Mn
7 Relx 11.84 Bn 11.60 Bn - -
8 Amentum Holdings 5.58 Bn 5.67 Bn 345.00 Mn -
9 Dolby Laboratories 5.00 Bn 4.42 Bn 350.90 Mn -
10 System1 - - 23.37 Mn -7.73 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -7.73 Mn
Mar 31, 2026 -7.73 Mn
Dec 31, 2025 -1.05 Mn
Dec 31, 2025 -1.05 Mn
Sep 30, 2025 -4.99 Mn
Sep 30, 2025 -4.99 Mn
Jun 30, 2025 20.81 Mn
Jun 30, 2025 20.81 Mn
Mar 31, 2025 -2.76 Mn
Mar 31, 2025 -2.76 Mn
Dec 31, 2024 978,000.00
Dec 31, 2024 978,000.00
Sep 30, 2024 3.18 Mn
Sep 30, 2024 3.18 Mn
Jun 30, 2024 -807,000.00
Jun 30, 2024 -807,000.00
Mar 31, 2024 -2.44 Mn
Mar 31, 2024 -2.44 Mn
Dec 31, 2023 -12.02 Mn
Dec 31, 2023 -12.02 Mn