Toast Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	6,446	6,153	4,960	3,865	2,731	1,705
Revenue Growth (YoY)	23.44%	24.05%	28.33%	41.52%	60.18%	107.17%
Cost of Revenue	4,752	4,560	3,770	3,031	2,220	1,391
Gross Profit	1,694	1,593	1,190	834	511	314
Selling, General & Admin	943	915	777	763	613	379
Research & Development	387	374	351	358	282	163
Other Operating Expenses	5	12	46	-	-	-
Total Operating Expenses	1,335	1,301	1,174	1,121	895	542
Operating Income	359	292	16	-287	-384	-228
Interest Income	52	51	42	37	11	-12
Other Non-Operating Income (Expense)	7	3	-36	6	96	-250
Total Non-Operating Income (Expense)	59	54	6	43	107	-262
Pretax Income	419	346	22	-244	-277	-490
Provision for Income Taxes	7	4	3	2	-2	-3
Net Income	412	342	19	-246	-275	-487
Net Income to Common	412	342	19	-246	-275	-487
Net Income Growth	160.76%	1700.00%	-	-	-	-
Shares Outstanding (Basic)	585	582	559	532	512	290
Shares Outstanding (Diluted)	606	607	591	533	512	290
Shares Change (YoY)	1.81%	2.71%	10.88%	4.10%	76.55%	45.01%
EPS (Basic)	0.70	0.59	0.03	-0.46	-0.54	-1.68
EPS (Diluted)	0.65	0.56	0.03	-0.47	-0.72	-1.68
EPS Growth	182.61%	1766.67%	-	-	-	-
Free Cash Flow	654	608	306	93	-189	-17
Free Cash Flow Growth	7.57%	98.69%	229.03%	-	-	-
Free Cash Flow Per Share	1.08	1.00	0.52	0.17	-0.37	-0.06
Gross Margin	26.28%	25.89%	23.99%	21.58%	18.71%	18.42%
Operating Margin	5.57%	4.75%	0.32%	-7.43%	-14.06%	-13.37%
Profit Margin	6.39%	5.56%	0.38%	-6.36%	-10.07%	-28.56%
FCF Margin	10.15%	9.88%	6.17%	2.41%	-6.92%	-1.00%
EBITDA	414	356	62	-255	-360	-207
EBITDA Margin	6.42%	5.79%	1.25%	-6.60%	-13.18%	-12.14%
EBIT	359	292	16	-287	-384	-228
EBIT Margin	5.57%	4.75%	0.32%	-7.43%	-14.06%	-13.37%
Effective Tax Rate	1.67%	1.16%	13.64%	-0.82%	0.72%	0.61%

SEC Filings: 10-K · 10-Q