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Segments

By segment

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Reportable Segment$70M+9.4%

Other financials

Income statement

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Revenue$1.6B+21.9%
Gross profit$447.0M+29.2%
Operating income$110.0M+156%
Net income$126.0M+125%
EPS (diluted)$0.20+122%

Balance sheet

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Cash & equivalents$1.4B+12.2%
Total debt$17.0M-22.7%
Total equity$2.0B+18.9%
Total assets$3.1B+20.7%

Cash flow

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Operating cash flow$132.0M+67.1%
CapEx$17.0M+70.0%
Free cash flow$115.0M+66.7%

Valuation

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Market cap$14.3B-18.1%
Enterprise value$12.91B-20.3%
P/E34.7×-75.9×
P/S2.2×-1.1×

Profitability

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Gross margin26.3%+1.6pp
Operating margin5.6%+3.4pp
Net margin6.4%+3.4pp
FCF margin10.1%+2.3pp

Returns & leverage

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Return on equity22.5%+11.5pp
Debt / equity0.0×
Current ratio2.4×-0.1×

Where this comes from

Reported directly by Toast in its filing.

Tagged under the XBRL concept us-gaap:GeneralAndAdministrativeExpense.

The official record: Toast’s 10-Q, filed May 8, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Toast's G&A?
Toast (TOST) reported G&A of $84M in Q1 2026.
How has Toast's G&A changed year-over-year?
Toast's G&A increased by 6.3% year-over-year, from $79M to $84M.
What is the long-term trend for Toast's G&A?
Over 4 years (2021 to 2025), Toast's G&A has grown at a 16.2% compound annual growth rate (CAGR), from $189M to $344M.
What does G&A mean?
The overhead costs of running the company's corporate functions and administrative departments.
How do you interpret G&A?
A decrease relative to revenue indicates improving operating leverage, while an increase may suggest administrative bloat.
How does G&A compare across companies?
Benchmark against peers to determine if administrative overhead is scaling appropriately with business growth.