Toast, Inc. Income Statement
TOST / Information Technology|7 years of annual SEC 10-K data (FY2019-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 7 fiscal years. All figures from audited SEC 10-K filings.
Toast, Inc. reported $6.2B in revenue and $342M in net income for FY2025. Revenue has grown at a 44.9% compound annual rate over the past 6 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score 3.16 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|
| Revenue | $6.2B | $5.0B | $3.9B | $2.7B | $1.7B | $823.0M | $665.0M |
| Cost of Revenue | $4.6B | $3.8B | $3.0B | $2.2B | $1.4B | $683.0M | $603.0M |
| Gross Profit | $1.6B | $1.2B | $834.0M | $511.0M | $314.0M | $140.0M | $62.0M |
| SG&A Expense | $344.0M | $307.0M | $362.0M | $294.0M | $189.0M | $113.0M | $83.0M |
| R&D Expense | $374.0M | $351.0M | $358.0M | $282.0M | $163.0M | $109.0M | $64.0M |
| Operating Income | $292.0M | $16.0M | -$287.0M | -$384.0M | -$228.0M | -$220.0M | -$213.0M |
| Interest Expense | - | - | - | - | $12.0M | -$12.0M | $0 |
| Income Tax | $4.0M | $3.0M | $2.0M | -$2.0M | -$3.0M | $0 | -$3.0M |
| Net Income | $342.0M | $19.0M | -$246.0M | -$275.0M | -$487.0M | -$248.0M | -$209.0M |
| EPS (Basic) | -$0.46 | -$0.54 | -$1.68 | -$1.25 | -$1.08 | -$1.25 | -$1.08 |
| EPS (Diluted) | -$0.47 | -$0.72 | -$1.68 | -$1.25 | -$1.08 | -$1.25 | -$1.08 |
| Shares Outstanding | 533.0M | 512.0M | 290.0M | 200.0M | 219.8M | 200.0M | 194.8M |
| Gross Margin | 25.9% | 24.0% | 21.6% | 18.7% | 18.4% | 17.0% | 9.3% |
| Operating Margin | 4.8% | 0.3% | -7.4% | -14.1% | -13.4% | -26.7% | -32.0% |
| Profit Margin | 5.6% | 0.4% | -6.4% | -10.1% | -28.6% | -30.1% | -31.4% |