Financials in USD. Standardized financial statements.
A compact view of how Toast, Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|---|---|
| Revenue? | $6.15B | $4.96B | $3.87B | $2.73B | $1.71B | $823.00M | $665.00M |
| Revenue Growth? | +24.1% | +28.3% | +41.5% | +60.2% | +107.2% | +23.8% | 0.0% |
| Cost of Revenue? | $4.56B | $3.77B | $3.03B | $2.22B | $1.39B | $683.00M | $603.00M |
| Gross Profit? | $1.58B | $1.19B | $834.00M | $511.00M | $314.00M | $140.00M | $62.00M |
| Gross Margin? | +25.8% | +24.0% | +21.6% | +18.7% | +18.4% | +17.0% | +9.3% |
| Operating Expenses? | $1.28B | $1.17B | $1.12B | $895.00M | $542.00M | $360.00M | $275.00M |
| Operating Income? | $305.00M | $16.00M | -$287.00M | -$384.00M | -$228.00M | -$220.00M | -$213.00M |
| EBITDA? | $372.00M | $108.00M | -$255.00M | -$360.00M | -$207.00M | -$209.00M | -$205.00M |
| Income Before Tax | $346.00M | $22.00M | -$244.00M | -$277.00M | -$490.00M | -$248.00M | -$212.00M |
| Income Tax Expense | $4.00M | $3.00M | $2.00M | -$2.00M | -$3.00M | $0 | -$3.00M |
| Net Income? | $342.00M | $19.00M | -$246.00M | -$275.00M | -$487.00M | -$248.00M | -$209.00M |
| EPS? | $0.59 | $0.03 | $-0.47 | $-0.72 | $-0.97 | $-0.54 | $-0.45 |
| Diluted EPS? | $0.56 | $0.03 | $-0.47 | $-0.72 | $-0.97 | $-0.54 | $-0.45 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality