System1 (SSTPW) EBT (2020 - 2026)

System1's (SSTPW) quarterly EBT came in at -$57.7 million in Q1 2026, down 184.87% year-on-year from $67.9 million in Q1 2025, and down 217.02% quarter-over-quarter from -$18.2 million in Q4 2025.

System1 (SSTPW) EBT (2020 - 2026) Analysis & Trends

System1 has disclosed EBT across 7 years of filings, most recently posting -$57.7 million for Q1 2026.

  • EBT for Q1 2026 came in at -$57.7 million, down 184.87% year-over-year; the trailing twelve-month figure through Mar 2026 was -$121.5 million (down 16.74% YoY), and the FY2025 annual result was -$84.1 million, up 13.92% from the prior year.
  • EBT came in at -$57.7 million for Q1 2026 at System1, down from -$18.2 million in the prior quarter.
  • In the past five years, EBT ranged from a high of -$13.8 million in Q1 2024 to a low of -$369.4 million in Q3 2022.
  • The 5-year median for EBT is -$34.2 million (2023), against an average of -$52.1 million.
  • Across the five-year window, EBT plunged 3219.29% in 2022 and soared 92.68% in 2023, its largest moves.
  • System1's EBT stood at -$53.6 million in 2022, then jumped by 36.26% to -$34.2 million in 2023, then soared by 45.14% to -$18.8 million in 2024, then rose by 3.0% to -$18.2 million in 2025, then tumbled by 217.02% to -$57.7 million in 2026.
  • The last three EBT figures came in at -$57.7 million (Q1 2026), -$18.2 million (Q4 2025), and -$22.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT (Qtr)
1 Cintas 70.95 Bn 70.77 Bn 1.45 Bn 632.50 Mn
2 Copart 29.43 Bn 26.09 Bn 1.08 Bn 502.09 Mn
3 Rb Global 20.04 Bn 19.85 Bn 869.50 Mn 173.20 Mn
4 UL Solutions 19.54 Bn 19.30 Bn 381.00 Mn 129.00 Mn
5 Global Payments 18.52 Bn 13.33 Bn 1.70 Bn -224.50 Mn
6 Aramark 14.28 Bn 13.87 Bn 426.35 Mn 137.51 Mn
7 Relx 11.84 Bn 11.60 Bn - -
8 Amentum Holdings 5.58 Bn 5.67 Bn 345.00 Mn 78.00 Mn
9 Dolby Laboratories 5.00 Bn 4.42 Bn 350.90 Mn 119.70 Mn
10 System1 - - 23.37 Mn -57.67 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -57.67 Mn
Dec 31, 2025 -18.19 Mn
Sep 30, 2025 -22.55 Mn
Jun 30, 2025 -23.09 Mn
Mar 31, 2025 -20.24 Mn
Dec 31, 2024 -18.75 Mn
Sep 30, 2024 -30.05 Mn
Jun 30, 2024 -35.02 Mn
Mar 31, 2024 -13.84 Mn
Dec 31, 2023 -34.18 Mn
Sep 30, 2023 -27.04 Mn
Jun 30, 2023 -36.18 Mn
Mar 31, 2023 -34.22 Mn
Dec 31, 2022 -53.63 Mn
Sep 30, 2022 -369.42 Mn
Jun 30, 2022 -34.30 Mn
Mar 31, 2022 -58.03 Mn
Dec 31, 2021 3.38 Mn
Sep 30, 2021 11.84 Mn
Jun 30, 2021 11.85 Mn