System1 (SSTPW) Tax Rate (2021 - 2026)
System1's (SSTPW) quarterly Tax Rate came in at 0.13% in Q1 2026, down 185.0% year-on-year from 0.15% in Q1 2025, and down 94.06% quarter-over-quarter from 2.19% in Q4 2025.
System1 (SSTPW) Tax Rate (2021 - 2026) Analysis & Trends
System1 has disclosed Tax Rate across 6 years of filings, most recently posting 0.13% for Q1 2026.
- Tax Rate for Q1 2026 came in at 0.13%, down 185.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 2.11% (up 141.0% YoY), and the FY2025 annual result was 3.42%, up 304.0% from the prior year.
- Tax Rate came in at 0.13% for Q1 2026 at System1, down from 2.19% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 45.38% in Q4 2022 to a low of 2.0% in Q3 2024.
- The 5-year median for Tax Rate is 3.98% (2023), against an average of 10.38%.
- Across the five-year window, Tax Rate jumped 3762 bps in 2022 and plunged 2177 bps in 2024, its largest moves.
- System1's Tax Rate stood at 45.38% in 2022, then plunged by 43 bps to 25.66% in 2023, then tumbled by 85 bps to 3.89% in 2024, then sank by 44 bps to 2.19% in 2025, then sank by 94 bps to 0.13% in 2026.
- The last three Tax Rate figures came in at 0.13% (Q1 2026), 2.19% (Q4 2025), and 2.41% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cintas | 70.95 Bn | 70.77 Bn | 1.45 Bn | 20.55% |
| 2 | Copart | 29.43 Bn | 26.09 Bn | 1.08 Bn | 20.06% |
| 3 | Rb Global | 20.04 Bn | 19.85 Bn | 869.50 Mn | 21.71% |
| 4 | UL Solutions | 19.54 Bn | 19.30 Bn | 381.00 Mn | 24.81% |
| 5 | Global Payments | 18.52 Bn | 13.33 Bn | 1.70 Bn | 5.27% |
| 6 | Aramark | 14.28 Bn | 13.87 Bn | 426.35 Mn | 25.72% |
| 7 | Relx | 11.84 Bn | 11.60 Bn | - | - |
| 8 | Amentum Holdings | 5.58 Bn | 5.67 Bn | 345.00 Mn | 30.77% |
| 9 | Dolby Laboratories | 5.00 Bn | 4.42 Bn | 350.90 Mn | 20.22% |
| 10 | System1 | - | - | 23.37 Mn | 0.13% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.13% |
| Mar 31, 2026 | 0.13% |
| Dec 31, 2025 | 2.19% |
| Dec 31, 2025 | 2.19% |
| Sep 30, 2025 | 2.41% |
| Sep 30, 2025 | 2.41% |
| Jun 30, 2025 | 6.70% |
| Jun 30, 2025 | 6.70% |
| Mar 31, 2025 | 1.98% |
| Mar 31, 2025 | 1.98% |
| Dec 31, 2024 | 3.89% |
| Dec 31, 2024 | 3.89% |
| Sep 30, 2024 | -2.00% |
| Sep 30, 2024 | -2.00% |
| Jun 30, 2024 | 0.57% |
| Jun 30, 2024 | 0.57% |
| Dec 31, 2023 | 25.66% |
| Dec 31, 2023 | 25.66% |
| Sep 30, 2023 | 4.07% |
| Sep 30, 2023 | 4.07% |