GBAF Logo
Global Banking & Finance Awards® 2026 Nominations open, free to enter Nominate now →
T

Toast TOST · USD

Financials · US listing · 🇺🇸 United States

Compare

34.77

+0.29%

Close of 9 Nov 2026, in USD

Search any instrument

Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in USD, from our data supplier.

FY2025

Revenue, before interest expense

$6.15bn

FY2019FY2025

Net income

$342.0m

FY2019FY2025

Total assets

$3.15bn

FY2019FY2025

Shareholders' equity

$2.12bn

FY2019FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Revenue, before interest expense$6.15bn$4.96bn$3.87bn$2.73bn$1.71bn$823.0m$665.0m
Research and development$371.0m$351.0m$358.0m$282.0m$163.0m$109.0m$64.0m
Operating income$305.0m$16.0m−$287.0m−$384.0m−$478.0m−$236.2m−$213.0m
Net income$342.0m$19.0m−$246.0m−$275.0m−$487.0m−$248.0m−$209.0m
Diluted earnings per share0.560.03-0.45-0.53-0.96-0.54-1.07

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Total assets$3.15bn$2.46bn$1.96bn$1.76bn$1.74bn$776.0m$305.7m
Cash and short-term investments$1.99bn$1.42bn$1.12bn$1.02bn$1.27bn$581.8m$150.4m
Total liabilities$1.02bn$918.0m$764.0m$663.0m$644.0m$1.25bn$636.2m
Debt—————$172.2m$9.8m
Shareholders' equity$2.12bn$1.54bn$1.19bn$1.10bn$1.09bn−$471.0m−$330.4m
Shares outstanding607m600m541m519m506m461m195m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue, before interest expense$1.91bn$1.63bn$1.63bn$1.63bn$1.55bn$1.34bn$1.34bn$1.30bn
Operating income$152.0m$110.0m$89.0m$84.0m$80.0m$43.0m$32.0m$34.0m
Net income$154.0m$126.0m$101.0m$105.0m$80.0m$56.0m$32.0m$56.0m
Diluted earnings per share0.260.210.170.170.130.090.050.09
Total assets$3.18bn$3.09bn$3.15bn$2.97bn$2.77bn$2.56bn$2.46bn$2.23bn
Cash and short-term investments$1.71bn$1.77bn$1.99bn$1.86bn$1.70bn$1.49bn$1.42bn$1.27bn
Debt——————$10.0m$11.0m
Shareholders' equity$2.04bn$1.99bn$2.12bn$2.01bn$1.82bn$1.67bn$1.54bn$1.42bn

Financial ratios

Data as of 29 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020FY2019
Operating margin5.0%0.3%-7.4%-14.1%-28.0%-28.7%—
Net margin5.6%0.4%-6.4%-10.1%-28.6%-30.1%—
Return on equity16.1%1.2%-20.6%-25.0%-44.6%52.7%—
Return on assets10.9%0.8%-12.6%-15.6%-28.1%-32.0%—
Revenue growth24.1%28.3%41.5%60.2%107.2%23.8%—
Earnings growth1700.0%-107.7%-10.5%-43.5%96.4%18.7%—
Current ratio2.75x2.34x2.28x2.75x4.13x4.81x—
Debt to equity—0.01x0.01x0.01x0.02x-0.46x-0.03x
Equity ratio67.5%62.7%61.0%62.4%62.9%-60.7%—
Interest coverage——-7.76x-34.91x-39.83x-18.67x-213.00x
R&D as a share of sales6.0%7.1%9.3%10.3%9.6%13.2%—
Buybacks as a share of market value-1.2%-10.9%-4.3%-2.5%-9.7%-136.5%—

Growth per year

Compound annual rate

3 years5 years10 years
Revenue31.1%50.0%—

Average margins

Over each period

1 year3 years5 years10 years
Operating margin2.9%-2.0%-5.3%—
Net margin3.2%-0.9%-4.4%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021
Price to earnings63.0—-40.2-34.0-36.1
Price to sales3.54.42.63.410.4

Market value over time

30 Sept 2021 to 28 Sept 2026, in USD

$11.94bn$17.92bn

Share price return

Finished calendar years

20252024202320222021
Return1%100%2%-48%-45%

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.