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Side-by-side financial comparison of Cheniere Energy Partners, L.P. (CQP) and Toast, Inc. (TOST). Click either name above to swap in a different company.
Cheniere Energy Partners, L.P. is the larger business by last-quarter revenue ($2.9B vs $1.6B, roughly 1.8× Toast, Inc.). Cheniere Energy Partners, L.P. runs the higher net margin — 44.2% vs 6.2%, a 38.0% gap on every dollar of revenue. On growth, Toast, Inc. posted the faster year-over-year revenue change (22.0% vs 18.3%). Cheniere Energy Partners, L.P. produced more free cash flow last quarter ($864.0M vs $178.0M). Over the past eight quarters, Toast, Inc.'s revenue compounded faster (23.3% CAGR vs 12.6%).
Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by companies, and often reported by neutral, unbiased, reliable publications. Reported data may be subsequently revised or restated due to a wide range of issues such as exchange rates, contract settlements, or mid-year discontinuation of products or services. Fiscal years are for January 1 to December 31, except where noted. Empty cells indicate that no data for that year has ...
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.
CQP vs TOST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.9B | $1.6B |
| Net Profit | $1.3B | $101.0M |
| Gross Margin | — | 25.9% |
| Operating Margin | 50.5% | 5.2% |
| Net Margin | 44.2% | 6.2% |
| Revenue YoY | 18.3% | 22.0% |
| Net Profit YoY | 106.6% | 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.
| Q4 25 | $2.9B | $1.6B | ||
| Q3 25 | $2.4B | $1.6B | ||
| Q2 25 | $2.5B | $1.6B | ||
| Q1 25 | $3.0B | $1.3B | ||
| Q4 24 | $2.5B | $1.3B | ||
| Q3 24 | $2.1B | $1.3B | ||
| Q2 24 | $1.9B | $1.2B | ||
| Q1 24 | $2.3B | $1.1B |
| Q4 25 | $1.3B | $101.0M | ||
| Q3 25 | $506.0M | $105.0M | ||
| Q2 25 | $553.0M | $80.0M | ||
| Q1 25 | $641.0M | $56.0M | ||
| Q4 24 | $623.0M | $32.0M | ||
| Q3 24 | $635.0M | $56.0M | ||
| Q2 24 | $570.0M | $14.0M | ||
| Q1 24 | $682.0M | $-83.0M |
| 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% |
| Q4 25 | 50.5% | 5.2% | ||
| Q3 25 | 29.0% | 5.1% | ||
| Q2 25 | 29.1% | 5.2% | ||
| Q1 25 | 27.6% | 3.2% | ||
| Q4 24 | 33.0% | 2.5% | ||
| Q3 24 | 40.2% | 2.6% | ||
| Q2 24 | 40.4% | 0.4% | ||
| Q1 24 | 38.1% | -5.2% |
| Q4 25 | 44.2% | 6.2% | ||
| Q3 25 | 21.0% | 6.4% | ||
| Q2 25 | 22.5% | 5.2% | ||
| Q1 25 | 21.4% | 4.2% | ||
| Q4 24 | 25.3% | 2.4% | ||
| Q3 24 | 30.9% | 4.3% | ||
| Q2 24 | 30.1% | 1.1% | ||
| Q1 24 | 29.7% | -7.7% |
| 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 | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $182.0M | $1.4B |
| Total DebtLower is stronger | $14.2B | — |
| Stockholders' EquityBook value | — | $2.1B |
| Total Assets | $17.4B | $3.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $182.0M | $1.4B | ||
| Q3 25 | $121.0M | $1.4B | ||
| Q2 25 | $108.0M | $1.2B | ||
| Q1 25 | $94.0M | $1.0B | ||
| Q4 24 | $270.0M | $903.0M | ||
| Q3 24 | $331.0M | $761.0M | ||
| Q2 24 | $351.0M | $691.0M | ||
| Q1 24 | $333.0M | $578.0M |
| Q4 25 | $14.2B | — | ||
| Q3 25 | $14.2B | — | ||
| Q2 25 | $14.2B | — | ||
| Q1 25 | $14.7B | — | ||
| Q4 24 | $14.8B | — | ||
| Q3 24 | $14.8B | — | ||
| Q2 24 | $14.8B | — | ||
| Q1 24 | $13.6B | — |
| Q4 25 | — | $2.1B | ||
| Q3 25 | — | $2.0B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | $1.4B | ||
| Q2 24 | — | $1.3B | ||
| Q1 24 | — | $1.2B |
| Q4 25 | $17.4B | $3.1B | ||
| Q3 25 | $16.8B | $3.0B | ||
| Q2 25 | $16.9B | $2.8B | ||
| Q1 25 | $17.1B | $2.6B | ||
| Q4 24 | $17.5B | $2.4B | ||
| Q3 24 | $17.4B | $2.2B | ||
| Q2 24 | $17.5B | $2.2B | ||
| Q1 24 | $17.5B | $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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $887.0M | $194.0M |
| Free Cash FlowOCF − Capex | $864.0M | $178.0M |
| FCF MarginFCF / Revenue | 29.7% | 10.9% |
| Capex IntensityCapex / Revenue | 0.8% | 1.0% |
| Cash ConversionOCF / Net Profit | 0.69× | 1.92× |
| TTM Free Cash FlowTrailing 4 quarters | $2.6B | $608.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $887.0M | $194.0M | ||
| Q3 25 | $658.0M | $165.0M | ||
| Q2 25 | $558.0M | $223.0M | ||
| Q1 25 | $665.0M | $79.0M | ||
| Q4 24 | $876.0M | $147.0M | ||
| Q3 24 | $691.0M | $109.0M | ||
| Q2 24 | $732.0M | $124.0M | ||
| Q1 24 | $669.0M | $-20.0M |
| Q4 25 | $864.0M | $178.0M | ||
| Q3 25 | $610.0M | $153.0M | ||
| Q2 25 | $490.0M | $208.0M | ||
| Q1 25 | $605.0M | $69.0M | ||
| Q4 24 | $827.0M | $134.0M | ||
| Q3 24 | $652.0M | $97.0M | ||
| Q2 24 | $702.0M | $108.0M | ||
| Q1 24 | $633.0M | $-33.0M |
| Q4 25 | 29.7% | 10.9% | ||
| Q3 25 | 25.4% | 9.4% | ||
| Q2 25 | 20.0% | 13.4% | ||
| Q1 25 | 20.2% | 5.2% | ||
| Q4 24 | 33.6% | 10.0% | ||
| Q3 24 | 31.7% | 7.4% | ||
| Q2 24 | 37.1% | 8.7% | ||
| Q1 24 | 27.6% | -3.1% |
| Q4 25 | 0.8% | 1.0% | ||
| Q3 25 | 2.0% | 0.7% | ||
| Q2 25 | 2.8% | 1.0% | ||
| Q1 25 | 2.0% | 0.7% | ||
| Q4 24 | 2.0% | 1.0% | ||
| Q3 24 | 1.9% | 0.9% | ||
| Q2 24 | 1.6% | 1.3% | ||
| Q1 24 | 1.6% | 1.2% |
| Q4 25 | 0.69× | 1.92× | ||
| Q3 25 | 1.30× | 1.57× | ||
| Q2 25 | 1.01× | 2.79× | ||
| Q1 25 | 1.04× | 1.41× | ||
| Q4 24 | 1.41× | 4.59× | ||
| Q3 24 | 1.09× | 1.95× | ||
| Q2 24 | 1.28× | 8.86× | ||
| Q1 24 | 0.98× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CQP
| Liquefied Natural Gas | $2.9B | 98% |
| Regasification Service | $34.0M | 1% |
| Other | $17.0M | 1% |
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
