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Toast TOST Provision for Credit Losses

Provision for Credit Losses at other companies

Affirm Holdings, Inc. logo
Affirm Holdings, Inc.AFRM
$196.54M+33.5%
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$42.35M+38.1%
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Tyler TechnologiesTYL
$3.66M+366%

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:ProvisionForDoubtfulAccounts.

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 provision for credit losses?
Toast (TOST) reported provision for credit losses of $27M in Q1 2026.
How has Toast's provision for credit losses changed year-over-year?
Toast's provision for credit losses increased by 22.7% year-over-year, from $22M to $27M.
What is the long-term trend for Toast's provision for credit losses?
Over 3 years (2022 to 2025), Toast's provision for credit losses has grown at a 38.8% compound annual growth rate (CAGR), from $34M to $91M.
What does provision for credit losses mean?
The estimated cost of potential bad debts or loan defaults.
How do you interpret provision for credit losses?
An increase suggests higher perceived credit risk in the loan portfolio or a more conservative accounting stance.
How does provision for credit losses compare across companies?
Standard for financial services and fintech companies offering lending products.