TOST
$29.23+0.83%
as of close, Oct 1, 2026
☾ AH $29.23 +0.83%
Toast Inc.Stock · TechnologyUS Stock Market 0.02%Russell 1000 0.02%Russell 3000 0.02%MSCI ACWI 0.02%MSCI World 0.01%
TOST financial statements
The full income statement, balance sheet, and cash-flow statement for Toast Inc. (TOST), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 562.0M2024-09 568.0M2024-12 575.0M2025-03 579.0M2025-06 583.0M2025-09 588.0M2025-12 589.0M2026-03 580.0M2026-06 578.0M+2.8% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 6.15B+24.1% | 4.96B+28.3% | 3.87B+41.5% | 2.73B+60.2% | 1.71B+107.2% | |
| 1.59B+33.9% | 1.19B+42.7% | 834M+63.2% | 511M+62.7% | 314M+124.3% | ||
| Cost of revenue | 4.56B+21.0% | 3.77B+24.4% | 3.03B+36.5% | 2.22B+59.6% | 1.39B+103.7% | |
| 1.30B+10.8% | 1.17B+4.7% | 1.12B+25.3% | 895M+65.1% | 542M+50.6% | ||
| Research & development | 374M+6.6% | 351M-2.0% | 358M+27.0% | 282M+73.0% | 163M+49.5% | |
| Selling, general & administrative | 344M+12.1% | 307M-15.2% | 362M+23.1% | 294M+55.6% | 189M+67.3% | |
| General & administrative | 344M+12.1% | 307M-15.2% | 362M+23.1% | 294M+55.6% | 189M+67.3% | |
| Selling & marketing | 571M+21.5% | 470M+17.2% | 401M+25.7% | 319M+67.9% | 190M+37.7% | |
| Amortization of intangibles | — | — | — | 5.00M+25.0% | 4.00M+0.0% | |
| Provision for credit losses | 91.0M+30.0% | 70.0M+9.4% | 64.0M+88.2% | 34.0M+750.0% | 4.00M | |
| Operating income | 292M+1725.0% | 16.0M+105.6% | -287M+25.3% | -384M-68.4% | -228M-3.6% | |
| Interest expense | — | — | — | — | 12.0M-7.7% | |
| Interest & investment income | — | — | — | — | 0.00-100.0% | |
| Net interest income | 51.0M+21.4% | 42.0M+13.5% | 37.0M+236.4% | 11.0M+191.7% | -12.0M+0.0% | |
| Other non-operating income | 0.00-100.0% | 13.0M+333.3% | 3.00M+200.0% | 1.00M | 0.00+100.0% | |
| Pre-tax income | 346M+1472.7% | 22.0M+109.0% | -244M+11.9% | -277M+43.5% | -490M-97.6% | |
| Income tax | 4.00M+33.3% | 3.00M+50.0% | 2.00M+200.0% | -2.00M+33.3% | -3.00M | |
| 342M+1700.0% | 19.0M+107.7% | -246M+10.5% | -275M+43.5% | -487M-96.4% | ||
| Net income to common | 342M+1700.0% | 19.0M+107.7% | -246M+10.5% | -275M+43.5% | -487M-95.6% | |
| $0.56+1766.7% | $0.03+106.4% | -$0.47+34.7% | -$0.72+57.1% | -$1.68-34.4% | ||
| EPS (basic) | $0.59+1866.7% | $0.03+106.5% | -$0.46+14.8% | -$0.54+67.9% | -$1.68-34.4% | |
| Weighted-avg shares (basic) | 582M+4.1% | 559M+5.1% | 532M+3.9% | 512M+76.6% | 290M+45.0% | |
| Weighted-avg shares (diluted) | 607M+2.7% | 591M+10.9% | 533M+4.1% | 512M+76.6% | 290M+45.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 2.67B+35.1% | 1.98B+25.8% | 1.57B+11.6% | 1.41B-5.3% | 1.49B+120.7% | ||
| Cash & equivalents | 1.35B+49.8% | 903M+49.3% | 605M+10.6% | 547M-32.4% | 809M+39.0% | |
| Accounts receivable | 127M+10.4% | 115M+66.7% | 69.0M-10.4% | 77.0M+40.0% | 55.0M+66.7% | |
| Inventory | 114M-3.4% | 118M+0.0% | 118M+7.3% | 110M+161.9% | 42.0M+121.1% | |
| Prepaid expenses | 39.0M+34.5% | 29.0M+20.8% | 24.0M-84.5% | 155M+68.5% | 92.0M+318.2% | |
| Other current assets | 437M+34.5% | 325M+25.5% | 259M+30.2% | 199M+1558.3% | 12.0M+4009.6% | |
| 3.15B+30.6% | 2.41B+23.0% | 1.96B+11.2% | 1.76B+1.5% | 1.74B+123.6% | ||
| Property, plant & equipment | 132M+34.7% | 98.0M+30.7% | 75.0M+23.0% | 61.0M+48.8% | 41.0M-6.8% | |
| Operating lease right-of-use | 27.0M+8.0% | 25.0M-30.6% | 36.0M-53.2% | 77.0M-2.5% | 79.0M | |
| Goodwill | 113M+0.0% | 113M+0.0% | 113M+5.6% | 107M+44.6% | 74.0M+105.6% | |
| Intangible assets | 14.0M-30.0% | 20.0M-23.1% | 26.0M-10.3% | 29.0M+81.3% | 16.0M+128.6% | |
| Other non-current assets | 146M+23.7% | 118M+42.2% | 83.0M+59.6% | 52.0M+642.9% | 7.00M+600.0% | |
| Total non-current assets | 476M+9.9% | 433M+11.6% | 388M+9.6% | 354M+41.6% | 250M+142.7% | |
| 969M+19.5% | 811M+22.3% | 663M+33.7% | 496M+40.9% | 352M+158.8% | ||
| Accounts payable | 47.0M+27.0% | 37.0M+15.6% | 32.0M+6.7% | 30.0M-25.0% | 40.0M+33.3% | |
| Accrued liabilities | 74.0M+7.2% | 69.0M+1.5% | 68.0M+51.1% | 45.0M+114.3% | 21.0M+162.5% | |
| Deferred revenue | 68.0M+15.3% | 59.0M+51.3% | 39.0M+0.0% | 39.0M-11.4% | 44.0M+2.3% | |
| Current lease liability | — | 10.0M-9.1% | 11.0M-21.4% | 14.0M-36.4% | 22.0M | |
| 1.02B+18.3% | 863M+13.0% | 764M+15.2% | 663M+3.0% | 644M+61.8% | ||
| Long-term debt | — | — | — | — | 0.00-100.0% | |
| Deferred revenue (non-current) | — | — | — | 7.00M-41.7% | 12.0M-25.0% | |
| Non-current lease liability | 20.0M-16.7% | 24.0M-27.3% | 33.0M-58.8% | 80.0M+3.9% | 77.0M | |
| Operating lease liability (total) | — | 34.0M-22.7% | 44.0M-53.2% | 94.0M-5.1% | 99.0M | |
| Other non-current liabilities | 52.0M+766.7% | 6.00M+50.0% | 4.00M-78.9% | 19.0M-13.6% | 22.0M+214.3% | |
| 2.12B+37.5% | 1.54B+29.4% | 1.19B+8.7% | 1.10B+0.6% | 1.09B+331.6% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Additional paid-in capital | 3.38B+7.4% | 3.15B+11.8% | 2.82B+13.7% | 2.48B+12.9% | 2.19B+1413.1% | |
| Retained earnings | -1.26B+21.3% | -1.60B+1.2% | -1.62B-17.9% | -1.38B-25.0% | -1.10B-78.9% | |
| Treasury stock | — | — | 0.00 | 0.00 | 0.00 | |
| Accumulated other comprehensive income | 2.00M+300.0% | -1.00M | 0.00+100.0% | -2.00M-100.0% | -1.00M | |
| Total liabilities & equity | 3.15B+30.6% | 2.41B+23.0% | 1.96B+11.2% | 1.76B+1.5% | 1.74B+123.6% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 661M+83.6% | 360M+166.7% | 135M+186.5% | -156M-7900.0% | 2.00M+101.6% | ||
| Depreciation & amortization | 64.0M+39.1% | 46.0M+43.8% | 32.0M+33.3% | 24.0M+14.3% | 21.0M-22.2% | |
| Intangible amortization | — | — | — | 5.00M+25.0% | 4.00M+0.0% | |
| Share-based compensation | 242M-4.3% | 253M-8.7% | 277M+21.5% | 228M+62.9% | 140M+62.8% | |
| Deferred income taxes | 0.00 | 0.00+100.0% | -1.00M+80.0% | -5.00M-66.7% | -3.00M | |
| Change in receivables | 33.0M-54.2% | 72.0M+2300.0% | 3.00M-91.4% | 35.0M+52.2% | 23.0M+76.9% | |
| Change in inventory | -4.00M | 0.00-100.0% | 7.00M-89.7% | 68.0M+195.7% | 23.0M+475.0% | |
| Change in payables | 11.0M+120.0% | 5.00M+400.0% | 1.00M+109.1% | -11.0M-173.3% | 15.0M+350.0% | |
| -172M-341.0% | -39.0M+54.7% | -86.0M+12.2% | -98.0M+80.5% | -503M-1297.2% | ||
| Capital expenditure | 53.0M-1.9% | 54.0M+28.6% | 42.0M+162.5% | 16.0M+33.3% | 12.0M-57.1% | |
| Free cash flow | 608M+98.7% | 306M+229.0% | 93.0M+154.1% | -172M-1620.0% | -10.0M+93.5% | |
| Acquisitions | 0.00 | 0.00-100.0% | 9.00M-80.4% | 46.0M+76.9% | 26.0M | |
| Sales/maturities of investments | 336M-7.2% | 362M-34.9% | 556M+50.7% | 369M+7280.0% | 5.00M | |
| Other investing activities | 0.00 | 0.00-100.0% | 3.00M | 0.00+100.0% | -1.00M | |
| 7.00M-61.1% | 18.0M-71.4% | 63.0M+65.8% | 38.0M-95.0% | 759M+27.8% | ||
| Long-term debt issued | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Long-term debt repaid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock issued | 81.0M-18.2% | 99.0M+175.0% | 36.0M+140.0% | 15.0M-55.9% | 34.0M | |
| Common stock repurchased | 107M+91.1% | 56.0M | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other financing activities | — | 0.00 | 0.00+100.0% | -3.00M+25.0% | -4.00M | |
| FX effect on cash | 2.00M+300.0% | -1.00M | 0.00 | 0.00+100.0% | -1.00M-150.0% | |
| Net change in cash | 498M+47.3% | 338M+201.8% | 112M+151.9% | -216M | — | |
| Interest paid | — | — | — | 0.00-100.0% | 13.0M+160.0% | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 20.9B-0.2% | 21.0B+112.5% | 9.86B+5.1% | 9.39B-46.9% | 17.7B | |
| P/E | 61.2×-94.5% | 1103.1× | — | — | — | |
| P/S | 3.4×-19.6% | 4.2×+54.1% | 2.7×-27.7% | 3.8×-63.4% | 10.4× | |
| P/B | 9.8×-27.4% | 13.6×+58.0% | 8.6×+2.3% | 8.4×-48.2% | 16.2× | |
| P/FCF | 34.4×-49.8% | 68.5×-88.2% | 580.2× | — | — | |
| Earnings yield | 1.6%+1703.7% | 0.09% | — | — | — | |
| FCF yield | 2.9%+99.1% | 1.5%+747.2% | 0.17% | — | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: TOST’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TOST filings on SEC EDGAR → Not investment advice.