System1 (SSTPW) Non-Current Debt (2022 - 2026)
System1's (SSTPW) quarterly Non-Current Debt came in at $221.6 million in Q1 2026, down 10.79% year-on-year from $248.5 million in Q1 2025, and down 2.96% quarter-over-quarter from $228.4 million in Q4 2025.
System1 (SSTPW) Non-Current Debt (2022 - 2026) Analysis & Trends
System1 has disclosed Non-Current Debt across 5 years of filings, most recently posting $221.6 million for Q1 2026.
- Non-Current Debt for Q1 2026 came in at $221.6 million, down 10.79% year-over-year; the trailing twelve-month figure through Mar 2026 was $221.6 million (down 10.79% YoY), and the FY2025 annual result was $228.4 million, down 10.47% from the prior year.
- Non-Current Debt came in at $221.6 million for Q1 2026 at System1, down from $228.4 million in the prior quarter.
- In the past five years, Non-Current Debt ranged from a high of $409.8 million in Q1 2022 to a low of $221.6 million in Q1 2026.
- The 5-year median for Non-Current Debt is $268.6 million (2024), against an average of $314.7 million.
- Across the five-year window, Non-Current Debt decreased 3.43% in 2023 and slumped 33.2% in 2024, its largest moves.
- System1's Non-Current Debt stood at $399.5 million in 2022, then declined by 16.34% to $334.2 million in 2023, then slipped by 23.67% to $255.1 million in 2024, then slipped by 10.47% to $228.4 million in 2025, then fell by 2.96% to $221.6 million in 2026.
- The last three Non-Current Debt figures came in at $221.6 million (Q1 2026), $228.4 million (Q4 2025), and $235.1 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 2.43 Bn |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | - |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 2.27 Bn |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 357.00 Mn |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 20.98 Bn |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 6.06 Bn |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 3.89 Bn |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | - |
| 10 | System1 | - | - | 23.37 Mn | 221.65 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 221.65 Mn |
| Mar 31, 2026 | 221.65 Mn |
| Dec 31, 2025 | 228.40 Mn |
| Dec 31, 2025 | 228.40 Mn |
| Sep 30, 2025 | 235.11 Mn |
| Sep 30, 2025 | 235.11 Mn |
| Jun 30, 2025 | 241.80 Mn |
| Jun 30, 2025 | 241.80 Mn |
| Mar 31, 2025 | 248.46 Mn |
| Mar 31, 2025 | 248.46 Mn |
| Dec 31, 2024 | 255.12 Mn |
| Dec 31, 2024 | 255.12 Mn |
| Sep 30, 2024 | 259.24 Mn |
| Sep 30, 2024 | 259.24 Mn |
| Jun 30, 2024 | 263.34 Mn |
| Jun 30, 2024 | 263.34 Mn |
| Mar 31, 2024 | 268.60 Mn |
| Mar 31, 2024 | 268.60 Mn |
| Dec 31, 2023 | 334.23 Mn |
| Dec 31, 2023 | 334.23 Mn |