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Companies / Financials / Toast, Inc.
TOST

Toast, Inc.

FinancialsBusiness Services & Software
Ticker TOSTBOSTON, MAFiscal year ends DecemberBook value per share $3.84Diluted shares 595.0M

Toast, Inc. (NYSE: TOST) provides a cloud-based technology platform designed for restaurants and food and beverage retailers, including small and midsize businesses as well as larger multi-location and enterprise operators. Its integrated software, restaurant-grade hardware, and financial technology services support… From the company’s description.

Over the twelve months to Sep 30, 2026, Toast, Inc. reported revenue of $7.15B, up 22.1% from a year earlier, and net income of $550.00M. Its operating margin was 7.2%, and operations generated $668.00M in cash. In fiscal 2025, it reported revenue of $6.15B, up 24.1% from fiscal 2024, and net income of $342.00M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$6.15BFY2025
+24.1% year over year
Last 12 mo $7.15B
4.75%FY2025
+4.4 percentage points
Last 12 mo 7.16%
$342.00MFY2025
+1700.0% year over year
Last 12 mo $550.00M
16.66%FY2025
+12.9 percentage points
Last 12 mo 24.47%
Cash & financing
$661.00MFY2025
+83.6% year over year
Last 12 mo $668.00M
$608.00MFY2025
+98.7% year over year
Last 12 mo $604.00M
—
607.0MFY2025
+2.7% year over year
Last 12 mo 595.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Toast, Inc. does

In the company’s own words

Toast, Inc. (NYSE: TOST) provides a cloud-based technology platform designed for restaurants and food and beverage retailers, including small and midsize businesses as well as larger multi-location and enterprise operators. Its integrated software, restaurant-grade hardware, and financial technology services support point-of-sale operations, payments, digital ordering and delivery, workforce management, inventory, marketing, guest engagement, and financial management across dine-in, takeout, delivery, catering, and retail. Financial offerings include payment processing, equipment leases, and Toast Capital loans issued by a bank partner. Toast also connects customers with more than 200 third-party technology partners. The company’s products include Toast IQ, an AI assistant, and xtraCHEF, back-office software for accounts payable, inventory, ingredient costs, and recipe costing. Toast reports one operating segment. It had approximately 6,500 employees worldwide as of December 31, 2025. Its website is www.toasttab.com.

Company details
Sector
Financials
Industry (SIC)
Business Services & Software
Headquarters
BOSTON, MA
Fiscal year end
December
CIK
1650164
SIC
7374

Financial performance, year by year

Fiscal 2021–2025 · USD
$-1.25B$1.04B$3.33B$5.62B$7.92B20212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Toast, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

426
funds hold it
0 of 35
superinvestors hold it
$4.58B
held by funds, at market
32.1%
of shares held by funds

Largest fund holders · Toast, Inc.’s weight in each

—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.02%of fund net assets
0.21%of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.17%of fund net assets
MidCap Fund
PMBMX · Principal Funds, Inc
—of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do Toast, Inc. and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of Toast, Inc.'s earnings go — cash, debt, buybacks, reinvestment?”
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