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Automatic Data Processing vs Toast: revenue, profit, margins and growth compared

Automatic Data Processing brought in $21.9B of revenue in fiscal 2026, Toast $6.2B in fiscal 2025. Revenue changed by +6.7% at Automatic Data Processing and +24.1% at Toast on the year before, so Toast grew faster. Automatic Data Processing kept 20.1% of its revenue as net profit, Toast 5.6%.

Side by side, latest fiscal year

ADPTOST
Fiscal year endedFY2026 (June 30, 2026)FY2025 (December 31, 2025)
Revenue$21.9B$6.2B
Revenue growth+6.7%+24.1%
Net income$4.4B$342M
Net margin20.1%5.6%
Free cash flown/a$608M
Free cash flow marginn/a9.9%
Earnings per share (diluted)$10.94$0.56
Cash$4.2B$1.4B
Debt$5Bn/a
Price to earnings24.154.6
Market value$104.7B$17.7B
Dividend yield2.52%n/a
Rank by revenue in sector#33 of 530 · Technology#79 of 530 · Technology

Over the years

Revenue
ADP FY2019: $14.1BADP FY2020: $14.6BADP FY2021: $15BADP FY2022: $16.5BADP FY2023: $18BADP FY2024: $19.2BADP FY2025: $20.6BADP FY2026: $21.9BTOST FY2019: $665MTOST FY2021: $823MTOST FY2021: $1.7BTOST FY2022: $2.7BTOST FY2023: $3.9BTOST FY2024: $5BTOST FY2025: $6.2BFY19FY20FY21FY22FY23FY24FY25FY26
ADP $21.9BTOST $6.2B
Net income
ADP FY2019: $2.3BADP FY2020: $2.5BADP FY2021: $2.6BADP FY2022: $2.9BADP FY2023: $3.4BADP FY2024: $3.8BADP FY2025: $4.1BADP FY2026: $4.4BTOST FY2019: -$209MTOST FY2021: -$248MTOST FY2021: -$487MTOST FY2022: -$275MTOST FY2023: -$246MTOST FY2024: $19MTOST FY2025: $342MFY19FY20FY21FY22FY23FY24FY25FY26
ADP $4.4BTOST $342M
Net margin
ADP FY2019: 16.2%ADP FY2020: 16.9%ADP FY2021: 17.3%ADP FY2022: 17.9%ADP FY2023: 18.9%ADP FY2024: 19.5%ADP FY2025: 19.8%ADP FY2026: 20.1%TOST FY2019: -31.4%TOST FY2021: -30.1%TOST FY2021: -28.6%TOST FY2022: -10.1%TOST FY2023: -6.4%TOST FY2024: 0.4%TOST FY2025: 5.6%FY19FY20FY21FY22FY23FY24FY25FY26
ADP 20.1%TOST 5.6%
Revenue growth
ADP FY2020: +3.4%ADP FY2021: +2.8%ADP FY2022: +9.9%ADP FY2023: +9.2%ADP FY2024: +6.6%ADP FY2025: +7.1%ADP FY2026: +6.7%TOST FY2021: +23.8%TOST FY2021: +107.2%TOST FY2022: +60.2%TOST FY2023: +41.5%TOST FY2024: +28.3%TOST FY2025: +24.1%FY20FY21FY22FY23FY24FY25FY26
ADP +6.7%TOST +24.1%
Free cash flow
TOST FY2019: -$135MTOST FY2021: -$153MTOST FY2021: -$10MTOST FY2022: -$172MTOST FY2023: $93MTOST FY2024: $306MTOST FY2025: $608MFY19FY21FY22FY23FY24FY25
ADPTOST $608M

Fiscal years as each company reports them; the two may end in different months.

Questions about Automatic Data Processing and Toast

Which is bigger by revenue, Automatic Data Processing or Toast?

Automatic Data Processing is bigger by revenue: $21.9B in fiscal 2026, against $6.2B for Toast in fiscal 2025.

Which keeps more of its revenue as profit, Automatic Data Processing or Toast?

Automatic Data Processing had a net margin of 20.1% in fiscal 2026; Toast had 5.6% in fiscal 2025.

Which grew revenue faster, Automatic Data Processing or Toast?

In their latest fiscal years revenue changed by +6.7% at Automatic Data Processing and +24.1% at Toast.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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