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Other financials

Income statement

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Revenue$1.9B+23.1%
Gross profit$516.0M+31.6%
Operating income$152.0M+90.0%
Net income$154.0M+92.5%
EPS (diluted)$0.26+100%

Balance sheet

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Cash & equivalents$1.3B-8.5%
Total debt$17.0M-22.7%
Total equity$2.0B+12.5%
Total assets$3.2B+15.0%

Cash flow

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Operating cash flow$144.0M-35.4%
Free cash flow$130.0M-37.5%

Valuation

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Market cap$20.18B-24.6%
P/E41.5×-78.0×
P/S-1.9×

Profitability

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Gross margin26.7%+1.5pp
Operating margin6.3%+2.9pp
Net margin7.1%+3.1pp
FCF margin8.5%-0.7pp

Returns & leverage

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Return on equity25.2%+10.7pp
Debt / equity0.0×
Current ratio2.4×-0.2×

Where this comes from

Reported directly by Toast in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The source filing: Toast’s 10-Q, filed August 5, 2026.

Filed
Aug 4, 2026, 8:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001650164-26-000164
Line itemSix Months Ended June 30, 2026Six Months Ended June 30, 2025
Other assets and liabilities(4)(10)
Net cash provided by operating activities276302
Cash flows from investing activities:
Capital expenditures(31)(25)
Purchases of marketable securities(304)(281)
Proceeds from the sale of marketable securities8297
Maturities of marketable securities161193
Purchases of loans classified as held for investment(80)

Item 1. Financial Statements (unaudited)

FAQ

What is Toast's capex?
Toast (TOST) reported capex of $14M in Q2 2026.
How has Toast's capex changed year-over-year?
Toast's capex decreased by 6.7% year-over-year, from $15M to $14M.
What is the long-term trend for Toast's capex?
Over 4 years (2021 to 2025), Toast's capex has grown at a 29.2% compound annual growth rate (CAGR), from $19M to $53M.
What does capex mean?
Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

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