System1 (SSTPW) EBITDA Margin (2021 - 2026)

System1 has disclosed EBITDA Margin across 6 years of filings, most recently posting 137.07% for Q1 2026.

• EBITDA Margin for Q1 2026 came in at 137.07%, down 11946.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 43.68% (down 2091.0% YoY), and the FY2025 annual result was 23.31%, up 219.0% from the prior year.
• EBITDA Margin came in at 137.07% for Q1 2026 at System1, down from 33.58% in the prior quarter.
• In the past five years, EBITDA Margin ranged from a high of 14.09% in Q2 2022 to a low of 226.23% in Q3 2022.
• The 5-year median for EBITDA Margin is 23.75% (2023), against an average of 42.61%.
• Across the five-year window, EBITDA Margin plunged 23562 bps in 2022 and surged 20248 bps in 2023, its largest moves.
• System1's EBITDA Margin stood at 38.83% in 2022, then surged by 49 bps to 19.85% in 2023, then increased by 21 bps to 15.75% in 2024, then slumped by 113 bps to 33.58% in 2025, then plunged by 308 bps to 137.07% in 2026.
• The last three EBITDA Margin figures came in at 137.07% (Q1 2026), 33.58% (Q4 2025), and 25.28% (Q3 2025), per Business Quant data.