TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Get the Brief in your inbox

A daily, SEC-grounded read on the market — movers, earnings, and our boldest calls. Free.

TTENK/calls

SEC-grounded equity research — opinionated calls reasoned over real filings.

Research

  • The Brief
  • Markets
  • All Stocks
  • Screener
  • Discover
  • Research
  • The Flip Side
  • Track record

Tools

  • Compare
  • Congress trades
  • Events
  • Filing search
  • Options calculator
  • Leaderboards
  • Insider trades
  • 13F funds
  • Groups
  • Trending
  • News

More

  • Pricing
  • Feedback
  • Newsletter
  • Developers / API
  • Account
DisclosuresTermsPrivacy

Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. TENK/calls is an independent service and is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback

Pulling SEC filings + quote and writing the call…

TTENK/calls
The BriefMarketsAll StocksNewsScreenerFeedback
Home›TOST›Financials
Annual statements · SEC XBRL · FY2019 – FY2025

Toast, Inc. (TOST) financials

Income statement

Toast, Inc. (TOST) income statement, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$665M$823M$1.71B$2.73B$3.87B$4.96B$6.15B
Revenue growth—23.8%107.2%60.2%41.5%28.3%24.1%
Gross profit$62.0M$140M$314M$511M$834M$1.19B$1.59B
Gross margin9.3%17.0%18.4%18.7%21.6%24.0%25.9%
Operating income-$213M-$220M-$228M-$384M-$287M$16.0M$292M
Operating margin-32.0%-26.7%-13.4%-14.1%-7.4%0.3%4.7%
Net income-$209M-$248M-$487M-$275M-$246M$19.0M$342M
Net margin-31.4%-30.1%-28.6%-10.1%-6.4%0.4%5.6%
EPS (diluted)-$1.08-$1.25-$1.68-$0.72-$0.47$0.03$0.56

Cash flow

Toast, Inc. (TOST) cash flow, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow-$126M-$125M$2.00M-$156M$135M$360M$661M
Capital expenditures$9.00M$28.0M$19.0M$33.0M$42.0M$54.0M$53.0M
Free cash flow-$135M-$153M-$17.0M-$189M$93.0M$306M$608M
Share buybacks———$0.00$0.00$56.0M$107M

Balance sheet

Toast, Inc. (TOST) balance sheet, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$150M$582M$809M$547M$605M$903M$1.35B
Total assets—$776M$1.74B$1.76B$1.96B$2.41B$3.15B
Total liabilities—$398M$644M$663M$764M$863M$1.02B
Long-term debt—$172M$0.00————
Shareholders' equity-$330M-$471M$1.09B$1.10B$1.19B$1.54B$2.12B
Retained earnings—-$616M-$1.10B-$1.38B-$1.62B-$1.60B-$1.26B
Shares (wtd avg diluted)195M200M290M512M533M591M607M

Every figure is extracted from Toast, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Toast, Inc.'s annual revenue?
Toast, Inc. (TOST) reported $6.15B of revenue for fiscal year 2025 — up 24.1% from $4.96B in FY2024, per its annual report filed with the SEC.
Is Toast, Inc. profitable?
Yes — TOST earned $342M of net income in FY2025, a 5.6% net margin, per SEC filings.
What is Toast, Inc.'s free cash flow?
$608M in FY2025 (operating cash flow $661M minus $53.0M of capital expenditures), from the SEC cash-flow statement.
Does TOST pay a dividend?
Toast, Inc. reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full TOST analysis — verdict, score & filings →Is TOST a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.