SST (System1) Beginning Cash Position: $88.5 Mil (As of Mar. 2026)

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SST System1 Inc SST
40 GF Score
Price $2.60
GF Value $6.04
Valuation Possible Value Trap
! 5 Warning Signs
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What is System1 Beginning Cash Position?

System1 SST -0.38% 40 Beginning Cash Position is $88.5 Mil as of Mar. 2026. GuruFocus rates SST with a GF Score™ of 40/100 and a GF Value™ of $6.04 (Possible Value Trap). The stock has 5 warning signs investors should review.

System1's Beginning Cash Position for the quarter that ended in Mar. 2026 was $88.5 Mil.

System1's quarterly Beginning Cash Position declined from Sep. 2025 ($65.3 Mil) to Dec. 2025 ($56.2 Mil) but then increased from Dec. 2025 ($56.2 Mil) to Mar. 2026 ($88.5 Mil).

System1's annual Beginning Cash Position increased from Dec. 2023 ($39.1 Mil) to Dec. 2024 ($143.5 Mil) but then declined from Dec. 2024 ($143.5 Mil) to Dec. 2025 ($67.9 Mil).

System1 Beginning Cash Position Related Terms

System1 Beginning Cash Position Historical Data

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The historical data trend for System1's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

System1 Beginning Cash Position Chart

System1 Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beginning Cash Position
Get a 7-Day Free Trial 29.01 0.00 39.08 143.45 67.95

System1 Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.95 45.16 65.27 56.21 88.51
SST
40GF Score
System1 Inc SST
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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System1 Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $88.5 Mil mean?
System1 (SST) has a Beginning Cash Position of $88.5 Mil as of Mar. 2026. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on System1 and its competitors.
Is System1's Beginning Cash Position too high?
System1's current Beginning Cash Position is $88.5 Mil. Overall, System1 has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does System1's Beginning Cash Position compare to SGRP and KUBR?
System1's Beginning Cash Position of $88.5 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Business Services company?
A good Beginning Cash Position depends on the Business Services industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on System1 and its competitors. System1's current Beginning Cash Position is $88.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is System1 stock overvalued right now?
Based on GuruFocus' analysis, System1 (SST) is currently considered Possible Value Trap. The stock's GF Value™ is $6.04, compared to a current price of $2.60 — trading 57% below its estimated fair value. The current Beginning Cash Position is $88.5 Mil. System1's overall GF Score™ is 40/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For System1 (SST), the current Beginning Cash Position is $88.5 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is System1 (SST) Overvalued in 2026?

Based on GuruFocus' analysis, System1 stock appears to be undervalued. The current stock price of $2.60 is trading 57% below its estimated GF Value™ of $6.04. GuruFocus considers System1 to be Possible Value Trap.

Key valuation signals for SST:

  • Beginning Cash Position: $88.5 Mil
  • GF Value™: $6.04 vs. price of $2.60 (57% below fair value)
  • GF Score™: 40/100 with 5 warning signs

No single metric tells the full story. See the SST stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

System1 Business Description

Address 4235 Redwood Avenue, Los Angeles, CA, USA, 90066
System1 Inc develops technology and data science to operate a responsive acquisition marketing platform. It operate several flagship brands across multiple consumer verticals, including shopping, travel and search, and a customer acquisition and marketing platform powered by Artificial Intelligence and machine learning. The company's segment includes Marketing and Products. It generates maximum revenue from the Marketing segment. Geographically, it operates in United States and Other countries.
40GF Score

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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.60
Price
$6.04
GF Value