System1 (SSTPW) Payables (2020 - 2026)

System1 has disclosed Payables across 7 years of filings, most recently posting $14.3 million for Q1 2026.

• Payables for Q1 2026 came in at $14.3 million, up 87.02% year-over-year; the trailing twelve-month figure through Mar 2026 was $14.3 million (up 87.02% YoY), and the FY2025 annual result was $22.0 million, up 111.67% from the prior year.
• Payables came in at $14.3 million for Q1 2026 at System1, down from $22.0 million in the prior quarter.
• In the past five years, Payables ranged from a high of $90.8 million in Q1 2022 to a low of $6.2 million in Q2 2024.
• The 5-year median for Payables is $11.3 million (2023), against an average of $18.9 million.
• Peak annual rise in Payables reached 369.8% in 2022, while the deepest fall reached 97.24% in 2022.
• System1's Payables stood at $6.7 million in 2022, then jumped by 41.63% to $9.5 million in 2023, then climbed by 9.5% to $10.4 million in 2024, then surged by 111.67% to $22.0 million in 2025, then plunged by 35.09% to $14.3 million in 2026.
• The last three Payables figures came in at $14.3 million (Q1 2026), $22.0 million (Q4 2025), and $23.1 million (Q3 2025), per Business Quant data.