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Toast TOST Business Segments — Net Income

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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%
Net income$154.0M+92.5%
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 business segments — net income?
Toast (TOST) reported business segments — net income of $154M in Q2 2026.
How has Toast's business segments — net income changed year-over-year?
Toast's business segments — net income increased by 92.5% year-over-year, from $80M to $154M.
What is the long-term trend for Toast's business segments — net income?
Over 3 years (2022 to 2025), Toast's business segments — net income has grown at a 7.5% compound annual growth rate (CAGR), from -$275M to $342M.
What does business segments — net income mean?
The final profitability measure for the segment after accounting for all revenues and operating expenses. It reflects the segment's ability to generate value for the parent company after covering its own costs.

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