Income Statement Toast, Inc.

Stocks

TOST

US8887871080

Software

Market Closed - NYSE Other stock markets 04:00:02 2026-06-12 pm EDT			5-day change	1st Jan Change
24.82 ^USD	+0.53%		+0.73%	-30.10%

May. 19	Toast, Inc. Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference, May-19-2026 10:05 AM
May. 15	ValueAct Holdings reports share stake in KKR, cuts in Meta, Amazon, raises in Visa	RE

69e86c9a6280e0f525c8e7c7964b8.XM8kzp0BP6hKkNH0PvPGRXLaXzcc7CSF4O-5gjjxeqk.BLoctu9xeJgfvZKgVcqOJkORGEJdmlPvj5foyF6gP_gYpUK622l1yiXkug

Published financial data: TOAST, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.7B	2.73B	3.86B	4.96B	6.15B
Total Revenues	1.7B	2.73B	3.86B	4.96B	6.15B
Cost of Goods Sold, Total	1.39B	2.22B	3.03B	3.76B	4.56B
Gross Profit	318M	516M	839M	1.2B	1.6B
Selling General & Admin Expenses, Total	373M	610M	763M	772M	914M
R&D Expenses	163M	282M	358M	351M	374M
Amortization of Goodwill and Intangible Assets - (IS)	4M	5M	5M	5M	5M
Other Operating Expenses, Total	540M	897M	1.13B	1.13B	1.29B
Operating Income	-222M	-381M	-287M	67M	305M
Interest Expense, Total	-12M	-	-	-	-
Interest And Investment Income	-	11M	37M	42M	51M
Net Interest Expenses	-12M	11M	37M	42M	51M
Other Non Operating Income (Expenses)	-200M	96M	6M	-36M	3M
EBT, Excl. Unusual Items	-434M	-274M	-244M	73M	359M
Restructuring Charges	-	-	-	-46M	-12M
Merger & Related Restructuring Charges	-3M	-	-	-	-
Other Unusual Items	-53M	-3M	-	-5M	-1M
EBT, Incl. Unusual Items	-490M	-277M	-244M	22M	346M
Income Tax Expense	-3M	-2M	2M	3M	4M
Earnings From Continuing Operations	-487M	-275M	-246M	19M	342M
Net Income to Company	-487M	-275M	-246M	19M	342M
Net Income - (IS)	-487M	-275M	-246M	19M	342M
Preferred Dividend and Other Adjustments	-	-	-	-	-
Net Income to Common Incl Extra Items	-487M	-275M	-246M	19M	342M
Net Income to Common Excl. Extra Items	-487M	-275M	-246M	19M	342M
Per Share Items
Net EPS - Basic	-1.68	-0.54	-0.46	0.03	0.59
Basic EPS - Continuing Operations	-1.68	-0.54	-0.46	0.03	0.59
Basic Weighted Average Shares Outstanding	290M	512M	532M	559M	582M
Net EPS - Diluted	-1.68	-0.72	-0.47	0.03	0.56
Diluted EPS - Continuing Operations	-1.68	-0.72	-0.47	0.03	0.56
Diluted Weighted Average Shares Outstanding	290M	512M	533M	591M	607M
Normalized Basic EPS	-0.94	-0.33	-0.29	0.08	0.39
Normalized Diluted EPS	-0.94	-0.33	-0.29	0.08	0.37
Supplemental Items
EBITDA	-213M	-371M	-265M	111M	369M
EBITA	-222M	-381M	-282M	72M	310M
EBIT	-222M	-381M	-287M	67M	305M
EBITDAR	-187M	-346M	-253M	125M	-
Total Revenues (As Reported)	1.7B	2.73B	3.86B	4.96B	6.15B
Effective Tax Rate - (Ratio)	0.61	0.72	-0.82	13.64	1.16
Current Domestic Taxes	-	1M	1M	2M	3M
Current Foreign Taxes	-	2M	2M	1M	1M
Total Current Taxes	-	3M	3M	3M	4M
Deferred Domestic Taxes	-3M	-5M	-1M	-	-
Total Deferred Taxes	-3M	-5M	-1M	-	-
Normalized Net Income	-271M	-171M	-152M	45.62M	224M
Interest on Long-Term Debt	-	-	-	-	-
Supplemental Operating Expense Items
Advertising Expense	17M	25M	29M	43M	54M
Selling and Marketing Expenses	190M	319M	401M	470M	571M
General and Administrative Expenses	183M	291M	362M	302M	343M
Research And Development Expense From Footnotes	163M	282M	358M	351M	374M
Net Rental Expense, Total	26M	25M	12M	14M	-
Imputed Operating Lease Interest Expense	18.42M	-	-	-	-
Imputed Operating Lease Depreciation	7.58M	-	-	-	-
Stock-Based Comp., COGS (Total)	12M	33M	43M	40M	34M
Stock-Based Comp., R&D Exp. (Total)	48M	72M	94M	84M	88M
Stock-Based Comp., S&M Exp. (Total)	24M	50M	58M	54M	57M
Stock-Based Comp., G&A Exp. (Total)	58M	73M	82M	63M	60M
Stock-Based Comp., Other (Total)	-	-	-	12M	3M
Total Stock-Based Compensation	142M	228M	277M	253M	242M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	809M	547M	605M	903M	1.35B
Short Term Investments	457M	474M	519M	514M	638M
Total Cash And Short Term Investments	1.27B	1.02B	1.12B	1.42B	1.99B
Accounts Receivable, Total	55M	77M	69M	115M	127M
Other Receivables	-	-	58M	-	-
Notes Receivable	-	-	-	-	-
Total Receivables	55M	77M	127M	115M	127M
Inventory	63M	130M	124M	118M	114M
Prepaid Expenses	30M	27M	24M	-	39M
Other Current Assets, Total	71M	152M	171M	325M	398M
Total Current Assets	1.48B	1.41B	1.57B	1.98B	2.67B
Gross Property Plant And Equipment	151M	186M	172M	223M	283M
Accumulated Depreciation	-31M	-48M	-61M	-100M	-151M
Net Property Plant And Equipment	120M	138M	111M	123M	132M
Goodwill	74M	107M	113M	113M	113M
Other Intangibles, Total	16M	29M	26M	20M	14M
Deferred Charges Long-Term	25M	38M	-	-	-
Other Long-Term Assets, Total	15M	42M	138M	177M	217M
Total Assets	1.74B	1.76B	1.96B	2.41B	3.14B
Liabilities
Accounts Payable, Total	40M	30M	32M	37M	47M
Accrued Expenses, Total	64M	119M	171M	195M	207M
Short-term Borrowings	-	-	-	-	-
Current Portion of Leases	22M	14M	11M	10M	-
Unearned Revenue Current, Total	44M	39M	39M	59M	68M
Other Current Liabilities	182M	294M	410M	510M	647M
Total Current Liabilities	352M	496M	663M	811M	969M
Long-Term Debt	-	-	-	-	-
Long-Term Leases	77M	80M	33M	24M	20M
Unearned Revenue Non Current	12M	7M	-	-	-
Other Non Current Liabilities	203M	80M	68M	28M	32M
Total Liabilities	644M	663M	764M	863M	1.02B
Preferred Stock Convertible	-	-	-	-	-
Total Preferred Equity	-	-	-	-	-
Additional Paid In Capital	2.19B	2.48B	2.82B	3.15B	3.38B
Retained Earnings	-1.1B	-1.38B	-1.62B	-1.6B	-1.26B
Treasury Stock	-	-	-	-	-
Comprehensive Income and Other	-1M	-2M	-	-1M	2M
Total Common Equity	1.09B	1.1B	1.19B	1.54B	2.12B
Total Equity	1.09B	1.1B	1.19B	1.54B	2.12B
Total Liabilities And Equity	1.74B	1.76B	1.96B	2.41B	3.14B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	509M	527M	548M	575M	589M
ECS Total Common Shares Outstanding	507M	523M	543M	572M	589M
Book Value / Share	2.15	2.1	2.2	2.7	3.61
Tangible Book Value	1B	962M	1.06B	1.41B	2B
Tangible Book Value Per Share	1.97	1.84	1.94	2.47	3.39
Total Debt	99M	94M	44M	34M	20M
Net Debt	-1.17B	-927M	-1.08B	-1.38B	-1.97B
Debt Equivalent Oper. Leases	208M	200M	96M	112M	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	1M	-	-	-	-
Inventories - Finished Goods, Total	41M	-	-	-	-
Inventories - Others	2M	-	-	-	-
Machinery, Total	18M	24M	25M	30M	40M
Full Time Employees	3.17K	4.5K	5.5K	5.7K	6.5K
Accumulated Allowance for Doubtful Accounts (Supple)	4M	12M	11M	8M	9M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-487M	-275M	-246M	19M	342M
Depreciation & Amortization - CF	9M	10M	17M	39M	59M
Amortization of Goodwill and Intangible Assets - (CF)	-	-	5M	5M	5M
Depreciation & Amortization, Total	9M	10M	22M	44M	64M
Amortization of Deferred Charges, Total - (CF)	42M	58M	72M	82M	99M
Asset Writedown & Restructuring Costs	-	-	15M	7M	3M
Stock-Based Compensation (CF)	159M	228M	277M	253M	242M
Provision and Write-off of Bad Debts	4M	34M	64M	70M	91M
Other Operating Activities, Total	264M	-82M	-10M	33M	11M
Change In Accounts Receivable	-23M	-35M	-3M	-72M	-33M
Change In Inventories	-23M	-68M	-7M	-	4M
Change In Accounts Payable	15M	-11M	1M	5M	11M
Change in Unearned Revenues	-2M	-11M	-5M	23M	6M
Change in Other Net Operating Assets	44M	-4M	-45M	-104M	-179M
Cash from Operations	2M	-156M	135M	360M	661M
Capital Expenditure	-12M	-16M	-42M	-54M	-53M
Cash Acquisitions	-26M	-46M	-9M	-	-
Sale (Purchase) of Intangible assets	-7M	-17M	-	-	-
Investment in Marketable and Equity Securities, Total	-459M	-19M	-32M	15M	-119M
Other Investing Activities, Total	1M	-	-3M	-	-
Cash from Investing	-503M	-98M	-86M	-39M	-172M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-245M	-	-	-	-
Total Debt Repaid	-245M	-	-	-	-
Issuance of Common Stock	984M	15M	36M	99M	81M
Repurchase of Common Stock	-	-	-	-56M	-107M
Issuance of Preferred Stock	-	-	-	-	-
Repurchase of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	20M	23M	27M	-25M	33M
Cash from Financing	759M	38M	63M	18M	7M
Foreign Exchange Rate Adjustments	-1M	-	-	-1M	2M
Net Change in Cash	257M	-216M	112M	338M	498M
Supplemental Items
Cash Interest Paid	13M	-	-	-	-
Cash Income Tax Paid (Refund)	-	-	-	3M	-
Levered Free Cash Flow	93.75M	9.88M	260M	404M	581M
Unlevered Free Cash Flow	101M	9.88M	260M	404M	581M
Change In Net Working Capital	-66M	15M	-110M	-37M	-38M
Net Debt Issued / Repaid	-245M	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-11.05	-13.62	-9.65	1.92	6.87
Return on Total Capital	-15.95	-19.99	-14.76	2.97	10.27
Return On Equity %	-66.3	-25.13	-21.47	1.39	18.64
Return on Common Equity	-157.1	-25.13	-21.47	1.39	18.64
Margin Analysis
Gross Profit Margin %	18.65	18.89	21.71	24.09	25.97
SG&A Margin	21.88	22.34	19.74	15.56	14.85
EBITDA Margin %	-12.49	-13.58	-6.86	2.24	6
EBITA Margin %	-13.02	-13.95	-7.3	1.45	5.04
EBIT Margin %	-13.02	-13.95	-7.43	1.35	4.96
Income From Continuing Operations Margin %	-28.56	-10.07	-6.36	0.38	5.56
Net Income Margin %	-28.56	-10.07	-6.36	0.38	5.56
Net Avail. For Common Margin %	-28.56	-10.07	-6.36	0.38	5.56
Normalized Net Income Margin	-15.91	-6.27	-3.95	0.92	3.65
Levered Free Cash Flow Margin	5.5	0.36	6.72	8.14	9.44
Unlevered Free Cash Flow Margin	5.94	0.36	6.72	8.14	9.44
Asset Turnover
Asset Turnover	1.36	1.56	2.08	2.27	2.22
Fixed Assets Turnover	20.79	21.17	31.04	42.39	48.26
Receivables Turnover (Average Receivables)	38.75	41.38	52.95	53.91	50.85
Inventory Turnover (Average Inventory)	33.83	22.95	23.83	31.91	39.27
Short Term Liquidity
Current Ratio	4.22	2.84	2.37	2.44	2.75
Quick Ratio	3.75	2.21	1.89	1.89	2.19
Operating Cash Flow to Current Liabilities	0.01	-0.31	0.2	0.44	0.68
Days Sales Outstanding (Average Receivables)	9.42	8.82	6.89	6.79	7.18
Days Outstanding Inventory (Average Inventory)	10.79	15.9	15.32	11.47	9.3
Average Days Payable Outstanding	8.93	5.6	3.75	3.35	3.37
Cash Conversion Cycle (Average Days)	11.28	19.12	18.47	14.91	13.1
Long Term Solvency
Total Debt/Equity	9.07	8.56	3.68	2.2	0.94
Total Debt / Total Capital	8.32	7.89	3.55	2.15	0.93
LT Debt/Equity	7.06	7.29	2.76	1.55	0.94
Long-Term Debt / Total Capital	6.47	6.71	2.67	1.52	0.93
Total Liabilities / Total Assets	37.12	37.65	39.02	35.84	32.46
EBIT / Interest Expense	-18.5	-	-	-	-
EBITDA / Interest Expense	-15.58	-	-	-	-
(EBITDA - Capex) / Interest Expense	-16.58	-	-	-	-
Total Debt / EBITDA	-0.53	-0.27	-0.17	0.27	0.05
Net Debt / EBITDA	6.24	2.68	4.27	-11.06	-5.17
Total Debt / (EBITDA - Capex)	-0.5	-0.26	-0.15	0.48	0.06
Net Debt / (EBITDA - Capex)	5.86	2.56	3.66	-19.48	-6.01
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	107.17	60.18	41.52	28.33	24.05
Gross Profit, 1 Yr. Growth %	120.83	62.26	62.6	42.43	33.72
EBITDA, 1 Yr. Growth %	5.45	73.36	-28.38	-146.06	232.43
EBITA, 1 Yr. Growth %	0.91	70.85	-25.59	-126.87	330.56
EBIT, 1 Yr. Growth %	0.91	70.85	-25.26	-124.54	355.22
Earnings From Cont. Operations, 1 Yr. Growth %	96.37	-43.53	-10.55	-107.72	1.7K
Net Income, 1 Yr. Growth %	96.37	-43.53	-10.55	-107.72	1.7K
Normalized Net Income, 1 Yr. Growth %	75	-37.01	-11.91	-131.74	391.78
Diluted EPS Before Extra, 1 Yr. Growth %	35.07	-57.05	-35.35	-106.42	1.64K
Accounts Receivable, 1 Yr. Growth %	66.67	40	-10.39	66.67	10.43
Inventory, 1 Yr. Growth %	231.58	106.35	-4.62	0	-3.39
Net Property, Plant and Equip., 1 Yr. Growth %	172.73	15	-19.57	10.81	7.32
Total Assets, 1 Yr. Growth %	123.58	1.5	11.19	22.98	30.61
Tangible Book Value, 1 Yr. Growth %	-294.75	-3.9	9.67	33.84	41.43
Common Equity, 1 Yr. Growth %	-331.63	0.64	8.74	29.4	37.48
Cash From Operations, 1 Yr. Growth %	-101.6	-7.9K	-186.54	166.67	83.61
Capital Expenditures, 1 Yr. Growth %	-57.14	33.33	27.27	28.57	-1.85
Levered Free Cash Flow, 1 Yr. Growth %	-253.69	-89.4	3.15K	50.49	40.29
Unlevered Free Cash Flow, 1 Yr. Growth %	-291.49	-90.19	3.15K	50.49	40.29
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	60.12	82.16	50.56	34.77	26.17
Gross Profit, 2 Yr. CAGR %	122.91	89.3	62.43	52.18	38.01
EBITDA, 2 Yr. CAGR %	0.47	35.52	10.76	-44.47	20.29
EBITA, 2 Yr. CAGR %	2.09	31.6	12.2	-56.41	4.85
EBIT, 2 Yr. CAGR %	2.09	31.6	12.2	-58.23	3.09
Earnings From Cont. Operations, 2 Yr. CAGR %	52.65	5.3	-28.93	-73.72	17.91
Net Income, 2 Yr. CAGR %	52.65	5.3	-28.93	-73.72	17.91
Normalized Net Income, 2 Yr. CAGR %	43.08	5.11	-25.53	-48.66	21.3
Diluted EPS Before Extra, 2 Yr. CAGR %	25.2	-23.98	-47.27	-79.63	9.34
Accounts Receivable, 2 Yr. CAGR %	29.9	52.75	12.01	22.21	35.67
Inventory, 2 Yr. CAGR %	102.35	161.57	40.29	-4.73	-1.71
Net Property, Plant and Equip., 2 Yr. CAGR %	145.21	77.1	-3.82	-5.59	9.05
Total Assets, 2 Yr. CAGR %	138.22	50.64	6.23	16.94	26.74
Tangible Book Value, 2 Yr. CAGR %	61.67	36.81	2.66	21.15	37.58
Common Equity, 2 Yr. CAGR %	81.71	52.68	4.61	18.62	33.38
Cash From Operations, 2 Yr. CAGR %	-87.4	11.71	721.58	51.91	121.28
Capital Expenditures, 2 Yr. CAGR %	15.47	-24.41	48.68	27.92	12.33
Levered Free Cash Flow, 2 Yr. CAGR %	-	-59.56	69.84	610.52	49.55
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-56.78	63.18	610.52	49.55
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	60.14	67.46	42.75	31.1
Gross Profit, 3 Yr. CAGR %	-	100.52	79.94	55.47	45.76
EBITDA, 3 Yr. CAGR %	-	20.7	9.47	-19.9	0.83
EBITA, 3 Yr. CAGR %	-	21.39	8.63	-31.5	-6.48
EBIT, 3 Yr. CAGR %	-	21.39	9.27	-33.52	-7.39
Earnings From Cont. Operations, 3 Yr. CAGR %	-	9.58	-0.27	-66.08	7.54
Net Income, 3 Yr. CAGR %	-	9.58	-0.27	-66.08	7.54
Normalized Net Income, 3 Yr. CAGR %	-	8.93	-0.54	-45.05	9.03
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-12.35	-27.97	-73.86	-8.23
Accounts Receivable, 3 Yr. CAGR %	-	33.18	27.87	27.87	18.15
Inventory, 3 Yr. CAGR %	-	103.68	86.88	23.27	-4.28
Net Property, Plant and Equip., 3 Yr. CAGR %	-	90.51	36.13	0.83	-1.47
Total Assets, 3 Yr. CAGR %	-	79.25	36.14	11.55	21.33
Tangible Book Value, 3 Yr. CAGR %	-	35.94	27.09	12.15	27.57
Common Equity, 3 Yr. CAGR %	-	49.23	36.35	12.3	24.6
Cash From Operations, 3 Yr. CAGR %	-	7.38	2.6	464.62	61.82
Capital Expenditures, 3 Yr. CAGR %	-	21.14	14.47	41.65	17.11
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	62.62	64.94	317.13
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	69.97	60.6	317.13
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	49.46	49.53
Gross Profit, 5 Yr. CAGR %	-	-	-	79.57	61.82
EBITDA, 5 Yr. CAGR %	-	-	-	-12.06	12.81
EBITA, 5 Yr. CAGR %	-	-	-	-19.5	7.1
EBIT, 5 Yr. CAGR %	-	-	-	-20.65	6.75
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-38.1	6.64
Net Income, 5 Yr. CAGR %	-	-	-	-38.1	6.64
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-19.2	7.68
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-51.1	-14.88
Accounts Receivable, 5 Yr. CAGR %	-	-	-	28.68	30.94
Inventory, 5 Yr. CAGR %	-	-	-	50.3	43.1
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	43.87	24.57
Total Assets, 5 Yr. CAGR %	-	-	-	51.1	32.3
Tangible Book Value, 5 Yr. CAGR %	-	-	-	29.82	31.18
Common Equity, 5 Yr. CAGR %	-	-	-	36.14	35.15
Cash From Operations, 5 Yr. CAGR %	-	-	-	23.36	39.53
Capital Expenditures, 5 Yr. CAGR %	-	-	-	43.1	13.61
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	57.26
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	61.48