Toast, Inc. (TOST)
Technology · Software - Infrastructure · NYSE
Toast, Inc. revenue & earnings — last 7 fiscal years
| Metric | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | $665.00M | $823.00M | $1.71B | $2.73B | $3.87B | $4.96B | $6.15B |
| Gross profit | $62.00M | $140.00M | $314.00M | $511.00M | $834.00M | $1.19B | $1.59B |
| Net income | $-209.00M | $-248.00M | $-487.00M | $-275.00M | $-246.00M | $19.00M | $342.00M |
| Net margin | -31.4% | -30.1% | -28.6% | -10.1% | -6.4% | 0.4% | 5.6% |
Source: Toast, Inc. SEC filings (10-K).
What growth is priced into TOST stock?
At today's market cap of $13.93B, Toast, Inc. is priced for free-cash-flow growth of about 9.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $608.00M from the FY ending 2025-12-31). For comparison, revenue 49.5%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 7 years of Toast, Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Toast, Inc. financial history by metric
About Toast, Inc.
Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally. It offers a platform of software-as-a-service for restaurant operations and point of sale, such as Toast POS; Toast IQ, a conversational artificial intelligence; vendor management; multi-location management; kitchen display system; online ordering and delivery. It offers payroll and team management; inventory and supply chain tools; xtraCHEF by toast, a set of back-office tools for restaurants, including accounts payable automation, inventory management, ingredient price tracking, and recipe costing; financial technology solutions, including integrated payment processing, and restaurant-grade hardware. The company was formerly known as Opti Systems, Inc. and changed its name to Toast, Inc. in May 2012. Toast, Inc. was incorporated in 2011 and is headquartered in Boston, Massachusetts.
Toast, Inc. — frequently asked questions
What is Toast, Inc.'s revenue?
Toast, Inc. (TOST) reported revenue of $6.15B for fiscal year 2025, up 24.1% from the prior year, according to its SEC filings.
Is Toast, Inc. profitable?
Yes. TOST earned net income of $342.00M in fiscal 2025, a net margin of 5.6%.
What is TOST's P/E ratio?
Toast, Inc. trades at a price-to-earnings ratio of about 35.9 based on the latest data in our nightly-refreshed cache.
How fast is Toast, Inc. growing?
TOST's revenue grew at roughly 49.5% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Toast, Inc. have?
As of fiscal year 2025, TOST carried roughly $0 in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Toast, Inc.'s gross margin?
TOST's gross margin was 25.9% in fiscal 2025 — gross profit of $1.59B on revenue of $6.15B.
What is Toast, Inc.'s market cap?
Toast, Inc. (TOST) has a market capitalization of about $13.93B, based on the latest data in our nightly-refreshed cache.
When does Toast, Inc.'s fiscal year end?
TOST's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into TOST stock?
At today's market cap of $13.93B, Toast, Inc. is priced for free-cash-flow growth of about 9.6% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $608.00M from the FY ending 2025-12-31). For comparison, revenue 49.5%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Toast, Inc.'s official SEC filings (10-K and 10-Q), covering 7 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.