System1, Inc. (SSTPW) Operating Expenses (2020 - 2026)

System1 (SSTPW) has 7 years of Operating Expenses data on file, last reported at $88.3 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 0.72% year-over-year to $88.3 million; the trailing twelve-month figure through Mar 2026 stood at $328.8 million (down 19.7% YoY), and the FY2025 full-year result was $328.2 million, down 24.13% from the prior year.
• Operating Expenses advanced to $88.3 million in Q1 2026, from $69.4 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $512.1 million in Q3 2022 to a low of $69.4 million in Q4 2025.
• A 5-year average of $147.1 million and a median of $110.7 million in 2024 frame the typical range for Operating Expenses.
• Across the five-year window, Operating Expenses soared 229.49% in 2022 and plunged 78.78% in 2023, its largest moves.
• Tracing SSTPW's Operating Expenses over 5 years: stood at $194.4 million in 2022, then plunged by 40.75% to $115.2 million in 2023, then declined by 24.05% to $87.5 million in 2024, then fell by 20.7% to $69.4 million in 2025, then advanced by 27.22% to $88.3 million in 2026.
• Business Quant data shows SSTPW's Operating Expenses at $88.3 million in Q1 2026, $69.4 million in Q4 2025, and $77.1 million in Q3 2025.