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Toast TOST Total Cost of Revenue

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Segments

By product

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Financial technology solutions$1.21B+22.1%
Hardware and professional services$116M+14.9%
Subscription services$64M0.0%

By segment

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Reportable Segment$1.39B+20.6%

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:CostOfRevenue.

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
Financial technology solutions1,2119922,2221,823
Hardware and professional services116101227194
Amortization of acquired intangible assets1122
Total costs of revenue1,3921,1582,5752,149
Gross profit516392963738
Operating expenses:
Sales and marketing166141322274
Research and development10991206175

Item 1. Financial Statements (unaudited)

FAQ

What is Toast's total cost of revenue?
Toast (TOST) reported total cost of revenue of $1.39B in Q2 2026.
How has Toast's total cost of revenue changed year-over-year?
Toast's total cost of revenue increased by 20.2% year-over-year, from $1.16B to $1.39B.
What is the long-term trend for Toast's total cost of revenue?
Over 4 years (2021 to 2025), Toast's total cost of revenue has grown at a 34.5% compound annual growth rate (CAGR), from $1.39B to $4.56B.
What does total cost of revenue mean?
The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

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