Company / Operating Margin
Toast, Inc. Operating Margin History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
4.8%
FY2025
5-year range
-14.1% / 4.8%
FY2021-FY2025
Trend
+1384.4%
vs FY2024
Sector context
#143 of 285
Information Technology
What the data says
Operating Margin changed +1384% YoY in FY2025, a notable deviation from the 6-year average annual change of +266%.
Based on SEC 10-K filings.
4.8% in FY2025 with a 5-year CAGR of +31.5%.
Improved from -7.4% to 4.8% over the past 2 years.
Information Technology sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +18.8pp
- 5-Year Change
- +31.5pp
- 10-Year Change
- -
Sector benchmark
#143 of 285 in Information TechnologyTop 50% of 285This company 4.8% Sector average -211.6%
▼
+102.2% above sector average
Key checks
Key Insights
- Toast, Inc.'s operating margin has grown for 3 consecutive years.
- In FY2025, operating margin increased 1384.4% year-over-year.
- Currently 216.3pp above the Information Technology sector average.
- Lowest operating margin in the period was in FY2019.
Company context
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.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 4.8% | +1384.4% |
| FY2024 | 0.3% | +104.3% |
| FY2023 | -7.4% | +47.2% |
| FY2022 | -14.1% | -5.2% |
| FY2021 | -13.4% | +50.0% |
| FY2020 | -26.7% | +16.5% |
| FY2019 | -32.0% | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026