Toast Cash Flow 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	Jun '26 Jun 30, 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
Net Income	486	342	19	-246	-275	-487
Depreciation & Amortization	51	64	46	32	24	21
Stock-Based Compensation	231	248	258	287	238	159
Other Adjustments	199	192	181	122	-14	298
Change in Receivables	-42	-33	-72	-3	-35	-23
Changes in Inventories	-114	4	-	-7	-68	-23
Changes in Accounts Payable	-10	11	5	1	-11	15
Changes in Accrued Expenses	49	21	48	81	116	145
Changes in Unearned Revenue	13	6	23	-5	-11	-2
Changes in Other Operating Activities	-229	-194	-148	-127	-120	-101
Operating Cash Flow	635	661	360	135	-156	2
Operating Cash Flow Growth	13.80%	83.61%	166.67%	-	-	-
Capital Expenditures	-59	-53	-54	-42	-33	-19
Purchases of Investments	-656	-633	-473	-623	-434	-469
Proceeds from Sale of Investments	467	514	488	591	415	10
Cash Acquisitions	-	-	-	-9	-46	-26
Other Investing Activities	-	-	-	-3	-	1
Investing Cash Flow	-298	-172	-39	-86	-98	-503
Long-Term Debt Repaid	-	-	-	-	-	-245
Net Long-Term Debt Issued (Repaid)	-	-	-	-	-	-245
Issuance of Common Stock	58	81	99	36	15	984
Repurchase of Common Stock	-562	-107	-56	-	-	-
Net Common Stock Issued (Repurchased)	-504	-26	43	36	15	984
Other Financing Activities	48	33	-25	27	23	20
Financing Cash Flow	-456	7	18	63	38	759
Foreign Exchange Rate Adjustments	-2	2	-1	-	-	-1
Net Cash Flow	-121	498	338	112	-216	258
Free Cash Flow	576	608	306	93	-189	-17
Free Cash Flow Growth	13.39%	98.69%	229.03%	-	-	-
FCF Margin	8.47%	9.88%	6.17%	2.41%	-6.92%	-1.00%
Free Cash Flow Per Share	0.96	1.00	0.52	0.17	-0.37	-0.06
Levered Free Cash Flow	187	201	-61	-313	-378	-696
Unlevered Free Cash Flow	121.61	147.62	-66.18	-356.35	-484.23	-190.6

SEC Filings: 10-K · 10-Q