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Toast Inc (TOST) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · DATA UPDATED 2026-07-25

Toast Inc (TOST) operates in the SOFTWARE - INFRASTRUCTURE industry and is headquartered in Boston, United States with about 6,500 employees. Its market capitalization is roughly $17 billion. In the fiscal year ended 2025-12-31, TOST reported $6.2B in revenue and $342M in net income.

Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally.

Interactive charts & full statements → Open the TOST valuation workbench →

TOST Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Total Revenue$6.4B$6.2B$5.0B$3.9B$2.7B$1.7B$823M$665M
Gross Profit$1.7B$1.6B$1.2B$834M$511M$314M$140M$62M
Gross Margin %26.2%25.8%24.0%21.6%18.7%18.4%17.0%9.3%
Operating Income (EBIT)$363M$305M$16M($287M)($384M)($228M)($220M)($213M)
Operating Margin %5.6%5.0%0.3%-7.4%-14.1%-13.4%-26.7%-32.0%
Net Income$412M$342M$19M($246M)($275M)($487M)($248M)($209M)
Net Margin %6.4%5.6%0.4%-6.4%-10.1%-28.6%-30.1%-31.4%
EBITDA$473M$413M$108M($212M)($253M)($457M)($209M)($205M)
Earnings Per Share (EPS)$0.68$0.56$0.03$-0.46$-0.54$-0.97$-0.54$-0.45
Shares Outstanding (M)602M607M591M533M512M503M461M461M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TOST Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Total Revenue$1.6B$1.6B$1.6B$1.6B$1.3B$1.3B$1.3B$1.2B
Gross Profit$447M$420M$432M$392M$346M$333M$322M$286M
Gross Margin %27.4%25.7%26.5%25.3%25.9%24.9%24.7%23.0%
Operating Income (EBIT)$110M$89M$84M$80M$43M$32M$34M$5M
Operating Margin %6.8%5.5%5.1%5.2%3.2%2.4%2.6%0.4%
Net Income$126M$101M$105M$80M$56M$32M$56M$14M
Net Margin %7.7%6.2%6.4%5.2%4.2%2.4%4.3%1.1%
EBITDA$141M$118M$117M$97M$69M$48M$69M$21M
Earnings Per Share (EPS)$0.21$0.17$0.17$0.13$0.09$0.05$0.09$0.02
Shares Outstanding (M)602M607M609M605M603M600M590M587M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TOST Free Cash Flow History

Cash flowTTM → 2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Cash from Operations (CFO)$714M$661M$360M$135M($156M)$2M($125M)($126M)
Capital Expenditures (CapEx)$60M$53M$54M$42M$33M$19M$36M$15M
Free Cash Flow (FCF)$654M$608M$306M$93M($189M)($17M)($161M)($141M)
FCF Margin %10.2%9.9%6.2%2.4%-6.9%-1.0%-19.5%-21.2%
Dividends Paid$601M$0M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TOST Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-302024-06-30
Cash from Operations (CFO)$132M$194M$165M$223M$79M$147M$109M$124M
Capital Expenditures (CapEx)$17M$16M$12M$15M$10M$13M$12M$16M
Free Cash Flow (FCF)$115M$178M$153M$208M$69M$134M$97M$108M
FCF Margin %7.1%10.9%9.4%13.4%5.2%10.0%7.4%8.7%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

TOST Balance Sheet History

Balance sheet2026-03-312025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Total Assets$3.1B$3.1B$2.5B$2.0B$1.8B$1.7B$776M$306M
Cash & Cash Equivalents$1.1B$1.4B$903M$605M$547M$809M$582M$150M
Total Liabilities$1.1B$1.0B$918M$764M$663M$644M$1.2B$636M
Total Debt (Short + Long-Term)$0M$0M$10M$11M$14M$22M$216M$9M
Total Shareholders' Equity$2.0B$2.1B$1.5B$1.2B$1.1B$1.1B($471M)($330M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive TOST viewer.

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