Toast Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	6,153	4,960	3,865	2,731	1,705
Revenue Growth (YoY)	24.05%	28.33%	41.52%	60.18%	107.17%
Cost of Revenue	4,560	3,770	3,031	2,220	1,391
Gross Profit	1,593	1,190	834	511	314
Selling, General & Admin	915	777	763	613	379
Research & Development	374	351	358	282	163
Other Operating Expenses	12	46	-	-	-
Total Operating Expenses	1,301	1,174	1,121	895	542
Operating Income	292	16	-287	-384	-228
Interest Income	51	42	37	11	-12
Other Non-Operating Income (Expense)	3	-36	6	96	-250
Total Non-Operating Income (Expense)	54	6	43	107	-262
Pretax Income	346	22	-244	-277	-490
Provision for Income Taxes	4	3	2	-2	-3
Net Income	342	19	-246	-275	-487
Net Income to Common	342	19	-246	-275	-487
Net Income Growth	1700.00%	-	-	-	-
Shares Outstanding (Basic)	582	559	532	512	290
Shares Outstanding (Diluted)	607	591	533	512	290
Shares Change (YoY)	2.71%	10.88%	4.10%	76.55%	45.01%
EPS (Basic)	0.59	0.03	-0.46	-0.54	-1.68
EPS (Diluted)	0.56	0.03	-0.47	-0.72	-1.68
EPS Growth	1766.67%	-	-	-	-
Free Cash Flow	608	306	93	-189	-17
Free Cash Flow Growth	98.69%	229.03%	-	-	-
Free Cash Flow Per Share	1.00	0.52	0.17	-0.37	-0.06
Gross Margin	25.89%	23.99%	21.58%	18.71%	18.42%
Operating Margin	4.75%	0.32%	-7.43%	-14.06%	-13.37%
Profit Margin	5.56%	0.38%	-6.36%	-10.07%	-28.56%
FCF Margin	9.88%	6.17%	2.41%	-6.92%	-1.00%
EBITDA	356	62	-255	-360	-207
EBITDA Margin	5.79%	1.25%	-6.60%	-13.18%	-12.14%
EBIT	292	16	-287	-384	-228
EBIT Margin	4.75%	0.32%	-7.43%	-14.06%	-13.37%
Effective Tax Rate	1.16%	13.64%	-0.82%	0.72%	0.61%

Updated Feb 12, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q