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Side-by-side financial comparison of Element Solutions Inc (ESI) and Toast, Inc. (TOST). Click either name above to swap in a different company.
Toast, Inc. is the larger business by last-quarter revenue ($1.6B vs $840.0M, roughly 1.9× Element Solutions Inc). Element Solutions Inc runs the higher net margin — 6.7% vs 6.2%, a 0.5% gap on every dollar of revenue. On growth, Element Solutions Inc posted the faster year-over-year revenue change (41.0% vs 22.0%). Toast, Inc. produced more free cash flow last quarter ($178.0M vs $-74.2M). Over the past eight quarters, Toast, Inc.'s revenue compounded faster (23.3% CAGR vs 17.1%).
Element Solutions Inc is an American specialty chemicals production corporation listed on the New York Stock Exchange.
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.
ESI vs TOST — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $840.0M | $1.6B |
| Net Profit | $56.0M | $101.0M |
| Gross Margin | 38.4% | 25.9% |
| Operating Margin | 13.3% | 5.2% |
| Net Margin | 6.7% | 6.2% |
| Revenue YoY | 41.0% | 22.0% |
| Net Profit YoY | -43.0% | 215.6% |
| EPS (diluted) | $0.23 | $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.
| Q1 26 | $840.0M | — | ||
| Q4 25 | $676.2M | $1.6B | ||
| Q3 25 | $656.1M | $1.6B | ||
| Q2 25 | $625.2M | $1.6B | ||
| Q1 25 | $593.7M | $1.3B | ||
| Q4 24 | $624.2M | $1.3B | ||
| Q3 24 | $645.0M | $1.3B | ||
| Q2 24 | $612.7M | $1.2B |
| Q1 26 | $56.0M | — | ||
| Q4 25 | $6.2M | $101.0M | ||
| Q3 25 | $39.3M | $105.0M | ||
| Q2 25 | $47.4M | $80.0M | ||
| Q1 25 | $98.0M | $56.0M | ||
| Q4 24 | $54.7M | $32.0M | ||
| Q3 24 | $40.3M | $56.0M | ||
| Q2 24 | $93.2M | $14.0M |
| Q1 26 | 38.4% | — | ||
| Q4 25 | 40.9% | 25.9% | ||
| Q3 25 | 42.2% | 26.5% | ||
| Q2 25 | 42.6% | 25.3% | ||
| Q1 25 | 42.2% | 25.9% | ||
| Q4 24 | 41.0% | 24.9% | ||
| Q3 24 | 41.5% | 24.7% | ||
| Q2 24 | 43.6% | 23.0% |
| Q1 26 | 13.3% | — | ||
| Q4 25 | 10.3% | 5.2% | ||
| Q3 25 | 15.4% | 5.1% | ||
| Q2 25 | 15.1% | 5.2% | ||
| Q1 25 | 13.0% | 3.2% | ||
| Q4 24 | 12.0% | 2.5% | ||
| Q3 24 | 14.7% | 2.6% | ||
| Q2 24 | 15.7% | 0.4% |
| Q1 26 | 6.7% | — | ||
| Q4 25 | 0.9% | 6.2% | ||
| Q3 25 | 6.0% | 6.4% | ||
| Q2 25 | 7.6% | 5.2% | ||
| Q1 25 | 16.5% | 4.2% | ||
| Q4 24 | 8.8% | 2.4% | ||
| Q3 24 | 6.2% | 4.3% | ||
| Q2 24 | 15.2% | 1.1% |
| Q1 26 | $0.23 | — | ||
| Q4 25 | $0.03 | $0.18 | ||
| Q3 25 | $0.16 | $0.16 | ||
| Q2 25 | $0.20 | $0.13 | ||
| Q1 25 | $0.40 | $0.09 | ||
| Q4 24 | $0.22 | $0.09 | ||
| Q3 24 | $0.17 | $0.07 | ||
| Q2 24 | $0.39 | $0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $177.3M | $1.4B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.7B | $2.1B |
| Total Assets | $5.7B | $3.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $177.3M | — | ||
| Q4 25 | $626.5M | $1.4B | ||
| Q3 25 | $594.3M | $1.4B | ||
| Q2 25 | $529.9M | $1.2B | ||
| Q1 25 | $499.2M | $1.0B | ||
| Q4 24 | $359.4M | $903.0M | ||
| Q3 24 | $376.0M | $761.0M | ||
| Q2 24 | $309.3M | $691.0M |
| Q1 26 | — | — | ||
| Q4 25 | $1.6B | — | ||
| Q3 25 | $1.6B | — | ||
| Q2 25 | $1.6B | — | ||
| Q1 25 | $1.6B | — | ||
| Q4 24 | $1.8B | — | ||
| Q3 24 | $1.9B | — | ||
| Q2 24 | $1.9B | — |
| Q1 26 | $2.7B | — | ||
| Q4 25 | $2.7B | $2.1B | ||
| Q3 25 | $2.7B | $2.0B | ||
| Q2 25 | $2.6B | $1.8B | ||
| Q1 25 | $2.5B | $1.7B | ||
| Q4 24 | $2.4B | $1.5B | ||
| Q3 24 | $2.4B | $1.4B | ||
| Q2 24 | $2.4B | $1.3B |
| Q1 26 | $5.7B | — | ||
| Q4 25 | $5.1B | $3.1B | ||
| Q3 25 | $5.0B | $3.0B | ||
| Q2 25 | $5.0B | $2.8B | ||
| Q1 25 | $4.8B | $2.6B | ||
| Q4 24 | $4.9B | $2.4B | ||
| Q3 24 | $5.1B | $2.2B | ||
| Q2 24 | $5.0B | $2.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.61× | — | ||
| Q3 25 | 0.61× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.64× | — | ||
| Q4 24 | 0.76× | — | ||
| Q3 24 | 0.78× | — | ||
| Q2 24 | 0.81× | — |
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 | — | $194.0M |
| Free Cash FlowOCF − Capex | $-74.2M | $178.0M |
| FCF MarginFCF / Revenue | -8.8% | 10.9% |
| Capex IntensityCapex / Revenue | 3.0% | 1.0% |
| Cash ConversionOCF / Net Profit | — | 1.92× |
| TTM Free Cash FlowTrailing 4 quarters | — | $608.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $194.0M | ||
| Q3 25 | $100.1M | $165.0M | ||
| Q2 25 | — | $223.0M | ||
| Q1 25 | $26.0M | $79.0M | ||
| Q4 24 | — | $147.0M | ||
| Q3 24 | $98.5M | $109.0M | ||
| Q2 24 | — | $124.0M |
| Q1 26 | $-74.2M | — | ||
| Q4 25 | — | $178.0M | ||
| Q3 25 | $83.6M | $153.0M | ||
| Q2 25 | — | $208.0M | ||
| Q1 25 | $15.0M | $69.0M | ||
| Q4 24 | — | $134.0M | ||
| Q3 24 | $85.9M | $97.0M | ||
| Q2 24 | — | $108.0M |
| Q1 26 | -8.8% | — | ||
| Q4 25 | — | 10.9% | ||
| Q3 25 | 12.7% | 9.4% | ||
| Q2 25 | — | 13.4% | ||
| Q1 25 | 2.5% | 5.2% | ||
| Q4 24 | — | 10.0% | ||
| Q3 24 | 13.3% | 7.4% | ||
| Q2 24 | — | 8.7% |
| Q1 26 | 3.0% | — | ||
| Q4 25 | 2.5% | 1.0% | ||
| Q3 25 | 2.5% | 0.7% | ||
| Q2 25 | 2.8% | 1.0% | ||
| Q1 25 | 1.9% | 0.7% | ||
| Q4 24 | 3.6% | 1.0% | ||
| Q3 24 | 2.0% | 0.9% | ||
| Q2 24 | 2.4% | 1.3% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.92× | ||
| Q3 25 | 2.55× | 1.57× | ||
| Q2 25 | — | 2.79× | ||
| Q1 25 | 0.27× | 1.41× | ||
| Q4 24 | — | 4.59× | ||
| Q3 24 | 2.44× | 1.95× | ||
| Q2 24 | — | 8.86× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ESI
| Electronics ex-Metals | $377.8M | 45% |
| Pass-through Metals | $255.7M | 30% |
| Other | $206.5M | 25% |
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
