Stocks Technology TOST
NYSE · TechnologyToast, Inc. (TOST)
Toast, Inc. brought in $7.2B of revenue over the twelve months to September 30, 2026, up 22.1% from a year earlier. Net income was $550M, a net margin of 7.7%. Operating cash flow minus capital spending left $608M of free cash flow in fiscal 2025. At September 30, 2026 it held $1.2B in cash. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on November 4, 2026.
Key facts about Toast, Inc.
- Net worth
- Toast, Inc. has a market value (market cap) of $19.5B at the latest share price, and shareholders' equity of $2.3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $6.2B (+24.1% year on year), with net income of $342M. Over the 12 months to September 30, 2026: revenue $7.2B, net income $550M.
- Cash flow
- In fiscal 2025 operations brought in $661M of cash; after $53M of capital spending, free cash flow was $608M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on November 4, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- Toast, Inc.'s next report is expected around February 11, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What Toast, Inc. does
Toast, Inc. is registered with the SEC under industry code SIC 7374 (Services-Computer Processing & Data Preparation). Its shares trade on NYSE under the ticker TOST.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $6.2B | $342M | $0.56 | $608M |
| 2024 | $5B | $19M | $0.03 | $306M |
| 2023 | $3.9B | -$246M | -$0.47 | $93M |
| 2022 | $2.7B | -$275M | -$0.72 | -$172M |
| 2021 | $1.7B | -$487M | -$1.68 | -$10M |
| 2021 | $823M | -$248M | -$1.25 | -$153M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where TOST ranks in Technology
Latest SEC filings
What Toast, Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Passive stake changed SCHEDULE 13G/A
- November 4, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 21% to $2B versus the same quarter last year; diluted EPS $0.29 versus $0.16.
- November 3, 2026
- October 30, 2026Passive stake (5% or more) SCHEDULE 13G
- October 5, 2026Passive stake changed SCHEDULE 13G/A
- October 1, 2026Executive or director change8-KToast Chief Revenue Officer Jonathan Vassil will step down on December 31, 2026.
- August 5, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 23% to $1.9B versus the same quarter last year; diluted EPS $0.26 versus $0.13.
- August 4, 2026
- July 30, 2026Passive stake (5% or more) SCHEDULE 13G
- June 15, 2026
What is TOST worth? A DCF from its reported cash flow
Insider trades
What the people running Toast, Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $6.6M worth of shares in the last 90 days and bought none on the open market. Most of the selling (81%) was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 4, 2026 | Vassil JonathanChief Revenue Officer | Exercised options | 900 | $15.6K |
| November 4, 2026 | Vassil JonathanChief Revenue Officer | Exercised options | 3,700 | $64.1K |
| November 4, 2026 | Vassil JonathanChief Revenue Officer | Soldpre-planned (10b5-1) | 4,600 | $165.6K |
| November 3, 2026 | Niola RossanaPrincipal Accounting Officer | Sold | 1,128 | $37.7K |
| November 2, 2026 | Vassil JonathanChief Revenue Officer | Exercised options | 14,280 | $31.6K |
| November 2, 2026 | Vassil JonathanChief Revenue Officer | Soldpre-planned (10b5-1) | 1,268 | $41.6K |
| November 2, 2026 | Vassil JonathanChief Revenue Officer | Soldpre-planned (10b5-1) | 11,061 | $372.6K |
| November 2, 2026 | Vassil JonathanChief Revenue Officer | Soldpre-planned (10b5-1) | 1,951 | $67.1K |
Who owns TOST
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Fmr LLC13G, passive with 1 related filers | 6.5% | February 12, 2025 |
| Capital International Investors13G, passive | 5.9% | May 14, 2026 |
| Vanguard Capital Management13G, passive | 5.07% | October 30, 2026 |
Largest institutional holders
Insiders
13 insiders reported holding 1,939,441 shares in total, about $65.4M at the last price.
| Holder | Shares |
|---|---|
| Fredette StephenPresident, Director | 941,692 |
| Bell Paul DDirector | 232,148 |
| Elworthy Brian RGeneral Counsel | 204,023 |
| Gomez ElenaPresident, CFO | 171,957 |
| Hawkins Mark JDirector | 101,860 |
| Narang AmanCEO, Director | 86,543 |
| Vassil JonathanChief Revenue Officer | 77,424 |
| Koplow Hilarie A.Director | 48,147 |
| Patrick Deval LDirector | 45,815 |
| Chapman-Hughes SusanDirector | 14,530 |
Questions about TOST
What does Toast, Inc. do?
Toast, Inc. is a company in the Technology sector, listed on NYSE as TOST. Its shares trade on NYSE under the ticker TOST.
What is Toast, Inc.'s net worth?
Toast, Inc. has a market value (market cap) of $19.5B at the latest share price, and shareholders' equity of $2.3B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Toast, Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $550M on revenue of $7.2B, a net margin of 7.7%.
How much revenue does Toast, Inc. make?
Over the twelve months to September 30, 2026 Toast, Inc. reported revenue of $7.2B. That is 22.1% more than a year earlier.
When did Toast, Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on November 4, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 6, 2026.
When is Toast, Inc.'s next earnings report?
Toast, Inc.'s next report is expected around February 11, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
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Where the numbers come from
Financial figures are the values Toast, Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.