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	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
Revenue	6,804	6,153	4,960	3,865	2,731	1,705
Revenue Growth	23.04%	24.05%	28.33%	41.52%	60.18%	107.17%
Cost of Revenue	4,986	4,560	3,770	3,031	2,220	1,391
Gross Profit	1,818	1,593	1,190	834	511	314
Selling, General & Admin	978	915	777	763	613	379
Research & Development	405	374	351	358	282	163
Other Operating Expenses	4	12	46	-	-	-
Total Operating Expenses	1,387	1,301	1,174	1,121	895	542
Operating Income	431	292	16	-287	-384	-228
Interest Income	52	51	42	37	11	-12
Other Non-Operating Income (Expense)	15	3	-36	6	96	-250
Total Non-Operating Income (Expense)	67	54	6	43	107	-262
Pretax Income	498	346	22	-244	-277	-490
Provision for Income Taxes	12	4	3	2	-2	-3
Net Income	486	342	19	-246	-275	-487
Net Income to Common	486	342	19	-246	-275	-487
Net Income Growth	116.96%	1700.00%	-	-	-	-
Shares Outstanding (Basic)	585	582	559	532	512	290
Shares Outstanding (Diluted)	602	607	591	533	512	290
Shares Change	0.42%	2.71%	10.88%	4.10%	76.55%	45.01%
EPS (Basic)	0.83	0.59	0.03	-0.46	-0.54	-1.68
EPS (Diluted)	0.78	0.56	0.03	-0.47	-0.72	-1.68
EPS Growth	129.41%	1766.67%	-	-	-	-
Free Cash Flow	576	608	306	93	-189	-17
Free Cash Flow Growth	13.39%	98.69%	229.03%	-	-	-
Free Cash Flow Per Share	0.96	1.00	0.52	0.17	-0.37	-0.06
Gross Margin	26.72%	25.89%	23.99%	21.58%	18.71%	18.42%
Operating Margin	6.33%	4.75%	0.32%	-7.43%	-14.06%	-13.37%
Profit Margin	7.14%	5.56%	0.38%	-6.36%	-10.07%	-28.56%
FCF Margin	8.47%	9.88%	6.17%	2.41%	-6.92%	-1.00%
EBITDA	482	356	62	-255	-360	-207
EBITDA Margin	7.08%	5.79%	1.25%	-6.60%	-13.18%	-12.14%
EBIT	431	292	16	-287	-384	-228
EBIT Margin	6.33%	4.75%	0.32%	-7.43%	-14.06%	-13.37%
Effective Tax Rate	2.41%	1.16%	13.64%	-0.82%	0.72%	0.61%

SEC Filings: 10-K · 10-Q