Toast, Inc.TOSTEarnings & Financial Report
NYSE
Toast, Inc. is an American cloud-based restaurant management software company based in Boston, Massachusetts. The company provides an all-in-one point of sale (POS) system built on the Android operating system.
TOST Q3 2025 Key Financial Metrics
Revenue
$1.6B
Gross Profit
$432.0M
Operating Profit
$84.0M
Net Profit
$105.0M
Gross Margin
26.5%
Operating Margin
5.1%
Net Margin
6.4%
YoY Growth
25.1%
EPS
$0.16
Financial Flow
Toast, Inc. Q3 2025 Financial Summary
Toast, Inc. reported revenue of $1.6B for Q3 2025, with a net profit of $105.0M (6.4% margin). Cost of goods sold was $1.2B, operating expenses totaled $348.0M.
Key Financial Metrics
| Total Revenue | $1.6B |
|---|---|
| Net Profit | $105.0M |
| Gross Margin | 26.5% |
| Operating Margin | 5.1% |
| Report Period | Q3 2025 |
Toast, Inc. Annual Revenue by Year
Toast, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $5.0B).
| Year | Annual Revenue |
|---|---|
| 2024 | $5.0B |
| 2023 | $3.9B |
| 2022 | $2.7B |
Income Statement
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.04B | $1.07B | $1.24B | $1.30B | $1.34B | $1.34B | $1.55B | $1.63B |
| YoY Growth | 34.7% | 31.3% | 27.0% | 26.5% | 29.2% | 24.4% | 24.8% | 25.1% |
Balance Sheet
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.96B | $2.05B | $2.15B | $2.23B | $2.41B | $2.56B | $2.77B | $2.97B |
| Liabilities | $764.0M | $849.0M | $872.0M | $807.0M | $863.0M | $891.0M | $949.0M | $957.0M |
| Equity | $1.19B | $1.20B | $1.28B | $1.42B | $1.54B | $1.67B | $1.82B | $2.01B |
Cash Flow
| Q4 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $92.0M | $-20.0M | $124.0M | $109.0M | $147.0M | $79.0M | $223.0M | $165.0M |