System1 (SSTPW) Total Debt (2021 - 2026)

System1 has disclosed Total Debt across 6 years of filings, most recently posting $298.5 million for Q1 2026.

• Total Debt for Q1 2026 came in at $298.5 million, up 11.6% year-over-year; the trailing twelve-month figure through Mar 2026 was $298.5 million (up 11.6% YoY), and the FY2025 annual result was $305.1 million, up 12.37% from the prior year.
• Total Debt came in at $298.5 million for Q1 2026 at System1, down from $305.1 million in the prior quarter.
• In the past five years, Total Debt ranged from a high of $417.2 million in Q3 2022 to a low of $259.2 million in Q3 2025.
• The 5-year median for Total Debt is $305.1 million (2025), against an average of $336.7 million.
• Across the five-year window, Total Debt surged 143.19% in 2022 and slumped 31.67% in 2024, its largest moves.
• System1's Total Debt stood at $414.5 million in 2022, then decreased by 15.69% to $349.5 million in 2023, then slipped by 22.31% to $271.5 million in 2024, then increased by 12.37% to $305.1 million in 2025, then dropped by 2.18% to $298.5 million in 2026.
• The last three Total Debt figures came in at $298.5 million (Q1 2026), $305.1 million (Q4 2025), and $259.2 million (Q3 2025), per Business Quant data.