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Toast TOST Net margin

Net margin at other companies

Global Payments logo
Global PaymentsGPN
-8%-28.2pp
Oracle logo
OracleORCL
25.3%+3.5pp
Block logo
BlockXYZ
3.3%-7.6pp
Cognizant logo
CognizantCTSH
10.4%-1.3pp
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
23.3%+15.3pp
SoFi Technologies, Inc. logo
SoFi Technologies, Inc.SOFI
14.6%-2.6pp

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
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.

Based on trailing twelve months.

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 net margin?
Toast (TOST) reported net margin of 6.4% in Q1 2026.
How has Toast's net margin changed year-over-year?
Toast's net margin increased by 111.2% year-over-year, from 3% to 6.4%.
What is the long-term trend for Toast's net margin?
Over 4 years (2021 to 2025), Toast's net margin has grown at a -33.6% compound annual growth rate (CAGR), from -28.6% to 5.6%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.