System1 (SSTPW) Gross Margin (2021 - 2026)
System1's (SSTPW) quarterly Gross Margin came in at 62.78% in Q1 2026, up 2461.0% year-on-year from 2.45% in Q1 2025, and up 52.98% quarter-over-quarter from 41.04% in Q4 2025.
System1 (SSTPW) Gross Margin (2021 - 2026) Analysis & Trends
System1 has disclosed Gross Margin across 6 years of filings, most recently posting 62.78% for Q1 2026.
- Gross Margin for Q1 2026 came in at 62.78%, up 2461.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 41.66% (up 833.0% YoY), and the FY2025 annual result was 37.72%, up 826.0% from the prior year.
- Gross Margin came in at 62.78% for Q1 2026 at System1, up from 41.04% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 62.78% in Q1 2026 to a low of 21.9% in Q1 2024.
- The 5-year median for Gross Margin is 35.72% (2025), against an average of 35.68%.
- Across the five-year window, Gross Margin plunged 1444 bps in 2024 and surged 2461 bps in 2026, its largest moves.
- System1's Gross Margin stood at 30.65% in 2022, then advanced by 28 bps to 39.09% in 2023, then grew by 8 bps to 42.09% in 2024, then fell by 3 bps to 41.04% in 2025, then surged by 53 bps to 62.78% in 2026.
- The last three Gross Margin figures came in at 62.78% (Q1 2026), 41.04% (Q4 2025), and 36.94% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 50.98% |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 87.04% |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 70.43% |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 50.26% |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 57.11% |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 8.69% |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 9.92% |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 88.69% |
| 10 | System1 | - | - | 23.37 Mn | 62.78% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 62.78% |
| Dec 31, 2025 | 41.04% |
| Sep 30, 2025 | 36.94% |
| Jun 30, 2025 | 35.72% |
| Mar 31, 2025 | 38.16% |
| Dec 31, 2024 | 42.09% |
| Sep 30, 2024 | 27.96% |
| Jun 30, 2024 | 27.57% |
| Mar 31, 2024 | 21.90% |
| Dec 31, 2023 | 39.09% |
| Sep 30, 2023 | 42.40% |
| Jun 30, 2023 | 41.54% |
| Mar 31, 2023 | 31.51% |
| Dec 31, 2022 | 30.65% |
| Sep 30, 2022 | 29.11% |
| Jun 30, 2022 | 30.59% |
| Mar 31, 2022 | 27.53% |
| Dec 31, 2021 | 22.29% |
| Sep 30, 2021 | 24.82% |
| Jun 30, 2021 | 25.60% |