Toast, Inc.
Toast, Inc.
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Financial Statements
Values in Millions ($) | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||||||||
Assets Current | |||||||||||||||||
Cash And Cash Equivalents At Carrying Value | 1,098 | 1,353 | 1,357 | 1,194 | 1,005 | 903 | 761 | 691 | 578 | 605 | 514 | 488 | |||||
Available For Sale Securities Debt Securities Curr… | - | - | - | - | - | - | 511 | 528 | 537 | 519 | 516 | 502 | |||||
Debt Securities Available For Sale Excluding Accru… | 672 | 638 | 500 | 508 | 484 | 514 | - | - | - | 519 | - | - | |||||
Accounts Receivable Net Current | 138 | 127 | 121 | 121 | 118 | 115 | 105 | 101 | 86 | 69 | 95 | 115 | |||||
Inventory Net | 136 | 114 | 104 | 103 | 111 | 118 | 106 | 110 | 120 | 118 | 98 | 107 | |||||
Deferred Costs Current | - | - | - | - | - | - | - | - | - | - | 56 | 52 | |||||
Prepaid Expense And Other Assets Current | - | - | - | - | - | - | - | - | - | - | 201 | 191 | |||||
Other Assets Current | 548 | 437 | 413 | 391 | 404 | 325 | 319 | 309 | 330 | 259 | - | - | |||||
Assets Current | 2,592 | 2,669 | 2,495 | 2,317 | 2,122 | 1,975 | 1,802 | 1,739 | 1,651 | 1,570 | 1,480 | 1,455 | |||||
Property Plant And Equipment Net | 114 | 105 | 100 | 96 | 93 | 98 | 95 | 90 | 82 | 75 | 69 | 61 | |||||
Operating Lease Right Of Use Asset | 24 | 27 | 23 | 22 | 23 | 25 | 31 | 33 | 34 | 36 | 23 | 25 | |||||
Finite Lived Intangible Assets Net | 13 | 14 | 16 | 17 | 19 | 20 | 22 | 23 | 25 | 26 | 28 | 30 | |||||
Goodwill | 113 | 113 | 113 | 113 | 113 | 113 | 113 | 113 | 113 | 113 | 113 | 113 | |||||
Capitalized Contract Cost Net Noncurrent | - | - | - | - | - | - | - | - | - | - | 59 | 52 | |||||
Restricted Cash Noncurrent | 74 | 71 | 76 | 63 | 67 | 59 | 56 | 58 | 57 | 55 | 49 | 43 | |||||
Other Assets Noncurrent | 164 | 146 | 148 | 139 | 127 | 118 | 108 | 99 | 90 | 83 | 13 | 16 | |||||
Assets Noncurrent | 502 | 476 | 476 | 450 | 442 | 433 | 425 | 416 | 401 | 388 | 354 | 340 | |||||
Assets | 3,094 | 3,145 | 2,971 | 2,767 | 2,564 | 2,408 | 2,227 | 2,155 | 2,052 | 1,958 | 1,834 | 1,795 | |||||
Liabilities And Stockhold… | |||||||||||||||||
Liabilities Current | |||||||||||||||||
Accounts Payable Current | 70 | 47 | 50 | 49 | 48 | 37 | 30 | 33 | 49 | 32 | 27 | 42 | |||||
Operating Lease Liability Current | - | - | - | - | - | - | - | - | - | - | 10 | 8 | |||||
Contract With Customer Liability Current | 73 | 68 | 63 | 60 | 58 | 59 | 62 | 62 | 50 | 39 | 38 | 41 | |||||
Liabilities Current | 1,064 | 969 | 911 | 894 | 844 | 811 | 748 | 736 | 713 | 663 | 574 | 584 | |||||
Warrants And Rights Outstanding | 11 | 19 | 20 | 27 | 19 | 22 | 27 | 101 | 100 | 64 | 72 | 90 | |||||
Operating Lease Liability Noncurrent | 17 | 20 | 18 | 19 | 22 | 24 | 27 | 29 | 30 | 33 | 22 | 25 | |||||
Contract With Customer Liability Noncurrent | - | - | - | - | - | - | - | - | - | - | 14 | 12 | |||||
Other Liabilities Noncurrent | 12 | 13 | 8 | 9 | 6 | 6 | 5 | 6 | 6 | 4 | 3 | 5 | |||||
Liabilities | 1,104 | 1,021 | 957 | 949 | 891 | 863 | 807 | 872 | 849 | 764 | 685 | 716 | |||||
Stockholders Equity | |||||||||||||||||
Preferred Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Common Stock Value | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - | - | |||||
Accumulated Other Comprehensive Income Loss Net Of… | -1 | 2 | 3 | 2 | 0 | -1 | 3 | -1 | -1 | 0 | -2 | -2 | |||||
Additional Paid In Capital | 3,127 | 3,384 | 3,374 | 3,284 | 3,221 | 3,150 | 3,053 | 2,976 | 2,910 | 2,817 | 2,738 | 2,637 | |||||
Retained Earnings Accumulated Deficit | -1,136 | -1,262 | -1,363 | -1,468 | -1,548 | -1,604 | -1,636 | -1,692 | -1,706 | -1,623 | -1,587 | -1,556 | |||||
Treasury Stock Value | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | |||||
Stockholders Equity | 1,990 | 2,124 | 2,014 | 1,818 | 1,673 | 1,545 | 1,420 | 1,283 | 1,203 | 1,194 | 1,149 | 1,079 | |||||
Liabilities And Stockholders Equity | 3,094 | 3,145 | 2,971 | 2,767 | 2,564 | 2,408 | 2,227 | 2,155 | 2,052 | 1,958 | 1,834 | 1,795 | |||||
Common Class A | 516 | 524 | 5 | 12 | 498 | 0 | 10 | 211 | 250 | 0 | 14 | 47 | |||||
Common Class B | 64 | 65 | 0 | -8 | 81 | 0 | -4 | -1 | 102 | 0 | -10 | -42 | |||||
Preferred Stock Par Or Stated Value Per Share | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Authorized | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | |||||
Preferred Stock Shares Issued | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Preferred Stock Shares Outstanding | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||||
Treasury Stock Common Shares | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | |||||
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Interactive Financial Visualizations
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Earnings Market Reaction
| Fiscal Year | Q1 1 Month | Q1 2 Month | Q1 3 Month | Q2 1 Month | Q2 2 Month | Q2 3 Month | Q3 1 Month | Q3 2 Month | Q3 3 Month | Q4 1 Month | Q4 2 Month | Q4 3 Month |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.91% | 8.10% | - | - | - | - | - | - | - | - | - | - |
| 2025 | 3.28% | 7.47% | 19.25% | -1.83% | -19.00% | -16.50% | -12.38% | -6.61% | -13.38% | -0.25% | -8.20% | -9.47% |
| 2024 | -9.66% | -3.91% | -4.25% | 9.47% | 23.29% | 29.85% | 16.17% | 0.05% | 4.94% | -6.51% | -8.90% | 18.81% |
| 2023 | -0.24% | 6.87% | 2.27% | -5.18% | -19.20% | -31.97% | 2.89% | 22.63% | 17.19% | 7.59% | -2.26% | 22.02% |
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Performance and Valuation Metrics
Metrics | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | Subscriber-only column | Subscriber-only column | Subscriber-only column | Subscriber-only column | Data beyond 3 years is for subscribers only. Unlock 17+ years of financial data Start 7-day free trial |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Liquidity Ratios | |||||||||||||||||
| Current Ratio | 2.44 | 2.75 | 2.74 | 2.59 | 2.51 | 2.44 | 2.41 | 2.36 | 2.32 | 2.37 | 2.58 | 2.49 | |||||
| Quick Ratio | 2.31 | 2.64 | 2.62 | 2.48 | 2.38 | 2.29 | 2.27 | 2.21 | 2.15 | 2.19 | 2.06 | 1.98 | |||||
| Working Capital | 1.53B | 1.70B | 1.58B | 1.42B | 1.28B | 1.16B | 1.05B | 1.00B | 938.00M | 907.00M | 906.00M | 871.00M | |||||
Leverage & Debt | |||||||||||||||||
| Debt to Equity | 0.55 | 0.48 | 0.48 | 0.52 | 0.53 | 0.56 | 0.57 | 0.68 | 0.71 | 0.64 | 0.60 | 0.66 | |||||
| Interest Coverage TTM | 6.90 | 5.73 | 4.90 | 4.22 | 2.61 | 0.38 | -1.87 | -4.15 | -6.44 | -7.76 | -9.71 | -13.19 | |||||
| Debt Ratio | 0.36 | 0.32 | 0.32 | 0.34 | 0.35 | 0.36 | 0.36 | 0.40 | 0.41 | 0.39 | 0.37 | 0.40 | |||||
Efficiency & Turnover | |||||||||||||||||
| Asset Turnover TTM | 2.28 | 2.22 | 2.25 | 2.25 | 2.26 | 2.27 | 2.29 | 2.22 | 2.14 | 2.08 | 2.01 | 1.87 | |||||
| Days Sales Outstanding TTM | 7.25 | 7.18 | 7.04 | 7.33 | 7.13 | 6.77 | 7.84 | 8.99 | 8.10 | 6.89 | 8.78 | 10.07 | |||||
| Receivables Turnover TTM | 50.36 | 50.85 | 51.84 | 49.82 | 51.20 | 53.91 | 46.58 | 40.60 | 45.04 | 52.95 | 41.60 | 36.26 | |||||
Per Share Metrics | |||||||||||||||||
| Diluted EPS TTM | 0.68 | 0.56 | 0.45 | 0.37 | 0.26 | 0.03 | -0.08 | -0.23 | -0.45 | -0.46 | -0.58 | -0.71 | |||||
| Free Cash Flow Per Share TTM | 1.11 | 1.04 | 0.96 | 0.88 | 0.71 | 0.55 | 0.45 | 0.35 | 0.24 | 0.21 | 0.01 | -0.20 | |||||
| Dividend Per Share TTM | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||
Margin Metrics | |||||||||||||||||
| Gross Profit Margin TTM | 26.28% | 25.89% | 25.66% | 25.19% | 24.65% | 23.99% | 23.25% | 22.51% | 22.06% | 21.58% | 21.29% | 20.83% | |||||
| Operating Profit Margin TTM | 5.57% | 4.75% | 4.10% | 3.44% | 2.20% | 0.32% | -1.57% | -3.79% | -6.09% | -7.43% | -9.17% | -10.73% | |||||
| Net Profit Margin TTM | 6.39% | 5.56% | 4.66% | 4.05% | 3.03% | 0.38% | -1.05% | -3.10% | -6.02% | -6.36% | -8.62% | -11.36% | |||||
Growth Metrics | |||||||||||||||||
| Net Revenue Growth (1Y) | 23.44% | 24.05% | 25.76% | 26.11% | 26.72% | 28.33% | 29.46% | 32.16% | 36.68% | 41.52% | 13.11% | 13.83% | |||||
| Net Income Growth (1Y) | 160.76% | 1,700.00% | -657.14% | -264.71% | -163.71% | -107.72% | -84.19% | -63.93% | -25.53% | -10.55% | -24.02% | -33.16% | |||||
| EPS Growth (1Y) | 155.43% | 1,628.87% | -636.19% | -257.89% | -160.61% | -107.35% | -84.98% | -65.68% | -28.66% | -13.91% | -27.04% | -35.62% | |||||
Valuation Metrics | |||||||||||||||||
| P/E TTM | 37.77 | 60.43 | 78.24 | 114.68 | 120.71 | 1,072.40 | -325.28 | -105.35 | -54.96 | -39.49 | -32.32 | -31.67 | |||||
| P/B TTM | 7.82 | 9.73 | 10.60 | 14.13 | 11.40 | 13.19 | 11.22 | 11.17 | 11.33 | 8.14 | 8.72 | 11.07 | |||||
| P/S TTM | 2.41 | 3.36 | 3.65 | 4.65 | 3.65 | 4.11 | 3.42 | 3.27 | 3.31 | 2.51 | 2.79 | 3.60 | |||||
| Market Cap | 15.56B | 20.67B | 21.36B | 25.69B | 19.07B | 20.38B | 15.94B | 14.33B | 13.63B | 9.71B | 10.02B | 11.94B | |||||
| Enterprise Value | 14.15B | 19.08B | 19.75B | 24.26B | 17.81B | 19.29B | 14.99B | 13.46B | 12.86B | 8.97B | 9.37B | 11.32B | |||||
Calculated Values | |||||||||||||||||
| Free Cash Flow TTM | 654.00M | 608.00M | 564.00M | 508.00M | 408.00M | 306.00M | 253.00M | 194.00M | 134.00M | 110.00M | 7.00M | -106.00M | |||||
| Net Debt | -1.41B | -1.58B | -1.61B | -1.43B | -1.26B | -1.09B | -944.00M | -864.00M | -771.00M | -747.00M | -650.00M | -622.00M | |||||
Per-Share and Margin | |||||||||||||||||
| EPS TTM | |||||||||||||||||
| Adjusted EPS TTM | |||||||||||||||||
| Cash Flow Per Share TTM | |||||||||||||||||
| Pretax Margin TTM | |||||||||||||||||
| Stock Comp to Revenue TTM | |||||||||||||||||
Turnover Ratios and Averages | |||||||||||||||||
| Average Assets | |||||||||||||||||
| Average Equity | |||||||||||||||||
| Average Inventory | |||||||||||||||||
| Average Receivables | |||||||||||||||||
| Average Accounts Payables | |||||||||||||||||
| Inventory Turnover TTM | |||||||||||||||||
| Payables Turnover TTM | |||||||||||||||||
| Days Inventory Outstanding TTM | |||||||||||||||||
| Days Payables Outstanding TTM | |||||||||||||||||
| Cash Conversion Cycle TTM | |||||||||||||||||
| Working Capital to Revenue | |||||||||||||||||
| Deferred Revenue to Revenue | |||||||||||||||||
Growth Rates | |||||||||||||||||
| Total Assets Growth (1Y) | |||||||||||||||||
| Total Assets Growth (3Y) | |||||||||||||||||
| Total Assets Growth (5Y) | |||||||||||||||||
| Dividends Paid Growth (1Y) | |||||||||||||||||
| Dividends Paid Growth (3Y) | |||||||||||||||||
| Dividends Paid Growth (5Y) | |||||||||||||||||
| EPS Growth (3Y) | |||||||||||||||||
| EPS Growth (5Y) | |||||||||||||||||
| Net Income Growth (3Y) | |||||||||||||||||
| Net Income Growth (5Y) | |||||||||||||||||
| Net Profit Margin Growth (1Y) | |||||||||||||||||
| Net Profit Margin Growth (3Y) | |||||||||||||||||
| Net Profit Margin Growth (5Y) | |||||||||||||||||
| Net Revenue Growth (3Y) | |||||||||||||||||
| Net Revenue Growth (5Y) | |||||||||||||||||
| Deferred Revenue Growth (1Y) | |||||||||||||||||
| Retained Earnings Growth (1Y) | |||||||||||||||||
Credit, Liquidity, Returns, Payout | |||||||||||||||||
| Cash Ratio | |||||||||||||||||
| Net Working Capital | |||||||||||||||||
| Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to EBITDA TTM | |||||||||||||||||
| Net Debt to Equity | |||||||||||||||||
| Altman A | |||||||||||||||||
| Altman B | |||||||||||||||||
| Altman C | |||||||||||||||||
| Altman D | |||||||||||||||||
| Altman E | |||||||||||||||||
| Altman Z-Score | |||||||||||||||||
| ROA TTM | |||||||||||||||||
| ROE TTM | |||||||||||||||||
| NOPAT TTM | |||||||||||||||||
| ROIC TTM | |||||||||||||||||
| Effective Tax Rate TTM | |||||||||||||||||
| Payout Ratio TTM | |||||||||||||||||
| Dilution Ratio | |||||||||||||||||
| Retained Earnings to Equity | |||||||||||||||||
| Treasury Stock to Equity | |||||||||||||||||
| Treasury Stock Change (1Y) | |||||||||||||||||
| Accrued to Current Liabilities | |||||||||||||||||
Valuation Ratios | |||||||||||||||||
| P/CF TTM | |||||||||||||||||
| Dividend Yield TTM | |||||||||||||||||
| Free Cash Flow Yield TTM | |||||||||||||||||
| EV EBITDA TTM | |||||||||||||||||
| EV EBIT TTM | |||||||||||||||||
| Stock Compensation TTM | |||||||||||||||||
| Adjusted Net Income TTM | |||||||||||||||||
| Billings TTM | |||||||||||||||||
| Total Debt | |||||||||||||||||
| Invested Capital | |||||||||||||||||
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Insider Transactions
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Institutional Ownership
Toast, Inc. (TOST) — SEC Financial Statements & Analysis
Toast, Inc. (TOST) is a services-computer processing & data preparation company. Toast, Inc. trades on TOST: NYSE as: TOST. Based on its latest SEC filing (Form 10-Q, period ending 2026-03-31), Toast, Inc. reported a 23.44% year-over-year revenue growth, a Gross Profit Margin of 26.28% (TTM), a Debt-to-Equity ratio of 0.55x, a Price-to-Sales (P/S) ratio of 2.41x (TTM), a Price-to-Book (P/B) ratio of 7.82 (TTM), at a market cap of $15.56B. Figures below are sourced from SEC EDGAR, as-filed.
- Net Revenue TTM Growth 1Y
- 23.44%
- Gross Profit Margin TTM
- 26.28%
- Debt To Equity
- 0.55x
- P/S TTM
- 2.41x
- P/B TTM
- 7.82
- Market Cap
- $15.56B
Data as of 2026-03-31 · Source: SEC EDGAR
Frequently Asked Questions
What industry is Toast, Inc. in?
Toast, Inc. (TOST) operates in the Services-Computer Processing & Data Preparation industry.
What is TOST's market cap?
Toast, Inc. (TOST) has a market capitalization of $15.56B as of 2026-03-31.
What is TOST's P/E ratio?
Toast, Inc. (TOST)'s trailing twelve month P/E ratio is 37.77x as of 2026-03-31.
What exchange does TOST trade on?
Toast, Inc. (TOST) trades on the TOST: NYSE.