TOST
Toast Inc
NYSE: TOST · TECHNOLOGY · SOFTWARE - INFRASTRUCTURE
$28.62
-1.28% today
Updated 2026-04-29
Market cap
$16.81B
P/E ratio
51.77
P/S ratio
2.73x
EPS (TTM)
$0.56
Dividend yield
—
52W range
$24 – $50
Volume
10.1M
Toast Inc (TOST) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $665.00M | $823.00M | $1.71B | $2.73B | $3.87B | $4.96B | $6.15B |
| Revenue growth (YoY) | — | +23.8% | +107.2% | +60.2% | +41.5% | +28.3% | +24.1% |
| Cost of revenue | $603.00M | $683.00M | $1.39B | $2.22B | $3.03B | $3.77B | $4.56B |
| Gross profit | $62.00M | $140.00M | $314.00M | $511.00M | $834.00M | $1.19B | $1.58B |
| Gross margin | 9.3% | 17.0% | 18.4% | 18.7% | 21.6% | 24.0% | 25.8% |
| R&D | $64.00M | $109.00M | $163.00M | $282.00M | $358.00M | $351.00M | $371.00M |
| SG&A | $83.00M | $113.00M | $189.00M | $294.00M | $362.00M | $307.00M | $344.00M |
| Operating income | $-213.00M | $-220.00M | $-228.00M | $-384.00M | $-287.00M | $16.00M | $305.00M |
| Operating margin | -32.0% | -26.7% | -13.4% | -14.1% | -7.4% | 0.3% | 5.0% |
| EBITDA | $-205.00M | $-209.00M | $-207.00M | $-360.00M | $-255.00M | $108.00M | $372.00M |
| EBITDA margin | -30.8% | -25.4% | -12.1% | -13.2% | -6.6% | 2.2% | 6.0% |
| EBIT | $-212.00M | $-236.00M | $-228.00M | $-384.00M | $-287.00M | $62.00M | $305.00M |
| Interest expense | $1.00M | $12.65M | $12.00M | $11.00M | $37.00M | — | — |
| Income tax | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-209.00M | $-248.00M | $-487.00M | $-275.00M | $-246.00M | $19.00M | $342.00M |
| Net income growth (YoY) | — | -18.7% | -96.4% | +43.5% | +10.5% | +107.7% | +1700.0% |
| Profit margin | -31.4% | -30.1% | -28.6% | -10.1% | -6.4% | 0.4% | 5.6% |