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Toast TOST Gross Profit

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Other financials

Income statement

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Revenue$1.6B+21.9%
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

Calculated from Toast’s reported figures.

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 gross profit?
Toast (TOST) reported gross profit of $447M in Q1 2026.
How has Toast's gross profit changed year-over-year?
Toast's gross profit increased by 29.2% year-over-year, from $346M to $447M.
What is the long-term trend for Toast's gross profit?
Over 4 years (2021 to 2025), Toast's gross profit has grown at a 50.1% compound annual growth rate (CAGR), from $314M to $1.59B.
What does gross profit mean?
The profit earned after subtracting the direct costs of producing goods or services from total sales.
How do you interpret gross profit?
Higher gross profit indicates strong pricing power or efficient cost structures, while lower profit suggests competitive pricing pressure or rising input costs.
How does gross profit compare across companies?
Benchmark against industry peers to assess the relative efficiency of the business model.