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Side-by-side financial comparison of Brookfield Business Corp (BBUC) and Toast, Inc. (TOST). Click either name above to swap in a different company.

Brookfield Business Corp is the larger business by last-quarter revenue ($1.9B vs $1.6B, roughly 1.1× Toast, Inc.). Toast, Inc. runs the higher net margin — 6.2% vs -1.2%, a 7.4% gap on every dollar of revenue. On growth, Toast, Inc. posted the faster year-over-year revenue change (22.0% vs -3.6%).

Brookfield Business Partners L.P. is a publicly traded limited partnership and the primary public vehicle through which Brookfield Corporation, its parent company, owns and operates the business services and industrial operations of its private equity group. It was formed through a spin-off from Brookfield Asset Management in June 2016.

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.

BBUC vs TOST — Head-to-Head

Bigger by revenue
BBUC
BBUC
1.1× larger
BBUC
$1.9B
$1.6B
TOST
Growing faster (revenue YoY)
TOST
TOST
+25.6% gap
TOST
22.0%
-3.6%
BBUC
Higher net margin
TOST
TOST
7.4% more per $
TOST
6.2%
-1.2%
BBUC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BBUC
BBUC
TOST
TOST
Revenue
$1.9B
$1.6B
Net Profit
$-23.0M
$101.0M
Gross Margin
25.9%
Operating Margin
5.2%
Net Margin
-1.2%
6.2%
Revenue YoY
-3.6%
22.0%
Net Profit YoY
-157.5%
215.6%
EPS (diluted)
$0.18

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BBUC
BBUC
TOST
TOST
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$1.9B
$1.6B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.3B
Q2 24
$1.9B
$1.2B
Q1 24
$1.1B
Net Profit
BBUC
BBUC
TOST
TOST
Q4 25
$101.0M
Q3 25
$105.0M
Q2 25
$-23.0M
$80.0M
Q1 25
$56.0M
Q4 24
$32.0M
Q3 24
$56.0M
Q2 24
$40.0M
$14.0M
Q1 24
$-83.0M
Gross Margin
BBUC
BBUC
TOST
TOST
Q4 25
25.9%
Q3 25
26.5%
Q2 25
25.3%
Q1 25
25.9%
Q4 24
24.9%
Q3 24
24.7%
Q2 24
23.0%
Q1 24
23.2%
Operating Margin
BBUC
BBUC
TOST
TOST
Q4 25
5.2%
Q3 25
5.1%
Q2 25
5.2%
Q1 25
3.2%
Q4 24
2.5%
Q3 24
2.6%
Q2 24
0.4%
Q1 24
-5.2%
Net Margin
BBUC
BBUC
TOST
TOST
Q4 25
6.2%
Q3 25
6.4%
Q2 25
-1.2%
5.2%
Q1 25
4.2%
Q4 24
2.4%
Q3 24
4.3%
Q2 24
2.1%
1.1%
Q1 24
-7.7%
EPS (diluted)
BBUC
BBUC
TOST
TOST
Q4 25
$0.18
Q3 25
$0.16
Q2 25
$0.13
Q1 25
$0.09
Q4 24
$0.09
Q3 24
$0.07
Q2 24
$0.02
Q1 24
$-0.15

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BBUC
BBUC
TOST
TOST
Cash + ST InvestmentsLiquidity on hand
$613.0M
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.6B
$2.1B
Total Assets
$16.3B
$3.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BBUC
BBUC
TOST
TOST
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$613.0M
$1.2B
Q1 25
$1.0B
Q4 24
$903.0M
Q3 24
$761.0M
Q2 24
$754.0M
$691.0M
Q1 24
$578.0M
Stockholders' Equity
BBUC
BBUC
TOST
TOST
Q4 25
$2.1B
Q3 25
$2.0B
Q2 25
$2.6B
$1.8B
Q1 25
$1.7B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$4.6B
$1.3B
Q1 24
$1.2B
Total Assets
BBUC
BBUC
TOST
TOST
Q4 25
$3.1B
Q3 25
$3.0B
Q2 25
$16.3B
$2.8B
Q1 25
$2.6B
Q4 24
$2.4B
Q3 24
$2.2B
Q2 24
$20.5B
$2.2B
Q1 24
$2.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BBUC
BBUC
TOST
TOST
Operating Cash FlowLast quarter
$194.0M
Free Cash FlowOCF − Capex
$178.0M
FCF MarginFCF / Revenue
10.9%
Capex IntensityCapex / Revenue
1.0%
Cash ConversionOCF / Net Profit
1.92×
TTM Free Cash FlowTrailing 4 quarters
$608.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BBUC
BBUC
TOST
TOST
Q4 25
$194.0M
Q3 25
$165.0M
Q2 25
$223.0M
Q1 25
$79.0M
Q4 24
$147.0M
Q3 24
$109.0M
Q2 24
$124.0M
Q1 24
$-20.0M
Free Cash Flow
BBUC
BBUC
TOST
TOST
Q4 25
$178.0M
Q3 25
$153.0M
Q2 25
$208.0M
Q1 25
$69.0M
Q4 24
$134.0M
Q3 24
$97.0M
Q2 24
$108.0M
Q1 24
$-33.0M
FCF Margin
BBUC
BBUC
TOST
TOST
Q4 25
10.9%
Q3 25
9.4%
Q2 25
13.4%
Q1 25
5.2%
Q4 24
10.0%
Q3 24
7.4%
Q2 24
8.7%
Q1 24
-3.1%
Capex Intensity
BBUC
BBUC
TOST
TOST
Q4 25
1.0%
Q3 25
0.7%
Q2 25
1.0%
Q1 25
0.7%
Q4 24
1.0%
Q3 24
0.9%
Q2 24
1.3%
Q1 24
1.2%
Cash Conversion
BBUC
BBUC
TOST
TOST
Q4 25
1.92×
Q3 25
1.57×
Q2 25
2.79×
Q1 25
1.41×
Q4 24
4.59×
Q3 24
1.95×
Q2 24
8.86×
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BBUC
BBUC

Segment breakdown not available.

TOST
TOST

Technology Service$1.3B82%
License$256.0M16%
Product And Professional Services$43.0M3%

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