Toast Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,357	903	605	547	809	582
Short-Term Investments	500	514	519	474	457	-
Cash & Short-Term Investments	1,857	1,417	1,124	1,021	1,266	582
Cash Growth	45.99%	26.07%	10.09%	-19.35%	117.53%	287.06%
Accounts Receivable	121	115	69	77	55	33
Other Receivables	-	-	-	32	-	-
Receivables	121	115	69	109	55	33
Inventory	104	118	118	130	63	19
Prepaid Expenses	35	-	-	27	25	8
Other Current Assets	378	325	259	120	76	31
Total Current Assets	2,495	1,975	1,570	1,407	1,485	673
Property, Plant & Equipment	123	123	111	138	120	44
Goodwill	113	113	113	107	74	36
Other Intangible Assets	16	20	26	29	16	7
Long-Term Deferred Charges	116	-	-	-	25	12
Other Long-Term Assets	108	177	138	80	15	4
Total Assets	2,971	2,408	1,958	1,761	1,735	776
Accounts Payable	50	37	32	30	40	30
Accrued Expenses	185	195	171	119	64	27
Current Portion of Leases	-	10	11	14	22	-
Current Unearned Revenue	63	59	39	39	44	43
Other Current Liabilities	613	510	410	294	182	36
Total Current Liabilities	911	811	663	496	352	136
Long-Term Debt	-	-	-	-	-	172
Long-Term Leases	18	24	33	80	77	-
Long-Term Unearned Revenue	-	-	-	-	12	16
Other Long-Term Liabilities	28	28	68	87	203	74
Total Liabilities	957	863	764	663	644	398
Additional Paid-In Capital	3,374	3,150	2,817	2,477	2,194	145
Retained Earnings	-1,363	-1,604	-1,623	-1,377	-1,102	-616
Comprehensive Income & Other	3	-1	-	-2	-1	-
Total Common Equity	2,014	1,545	1,194	1,098	1,091	-471
Shareholders' Equity	2,014	1,545	1,194	1,098	1,091	378
Total Liabilities & Equity	2,971	2,408	1,958	1,761	1,735	776
Total Debt	18	34	44	94	99	172
Net Cash (Debt)	1,839	1,383	1,080	927	1,167	410
Net Cash Growth	49.03%	28.06%	16.50%	-20.57%	184.63%	190.49%
Net Cash Per Share	2.93	2.34	2.03	1.81	4.02	2.05
Filing Date Shares Outstanding	588	575	548	526.83	508.98	219.53
Total Common Shares Outstanding	587	572	543	522.8	506.95	219.53
Working Capital	1,584	1,164	907	911	1,133	537
Book Value Per Share	3.43	2.70	2.20	2.10	2.15	-2.15
Tangible Book Value	1,885	1,412	1,055	962	1,001	-514
Tangible Book Value Per Share	3.21	2.47	1.94	1.84	1.97	-2.34
Machinery	-	30	25	24	18	11
Construction In Progress	-	3	1	-	-	-
Leasehold Improvements	-	15	13	36	29	30

Source: S&P Global Market Intelligence. Standard template. Financial Sources.