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Toast TOST Net Income

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Segments

By segment

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Reportable Segment$154M+92.5%

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%
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%
CapEx$14.0M-6.7%
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:NetIncomeLoss.

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 itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Change in fair value of warrant liability(1)(8)7(5)
Income before taxes16283293141
Income tax expense(8)(3)(13)(5)
Net income$154$80$280$136
Earnings per share:
Basic$0.27$0.14$0.48$0.24
Diluted$0.26$0.13$0.46$0.23
Weighted-average shares used in computing earnings per share:

Item 1. Financial Statements (unaudited)

FAQ

What is Toast's net income?
Toast (TOST) reported net income of $154M in Q2 2026.
How has Toast's net income changed year-over-year?
Toast's net income increased by 92.5% year-over-year, from $80M to $154M.
What is the long-term trend for Toast's net income?
Over 4 years (2021 to 2025), Toast's net income has grown at a -8.5% compound annual growth rate (CAGR), from -$488M to $342M.
What does net income mean?
The bottom line — total revenue minus all expenses, taxes, and costs. Represents the profit attributable to the company's shareholders after all obligations are met.

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