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Side-by-side financial comparison of Evercore Inc. (EVR) 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 $1.4B, roughly 1.2× Evercore Inc.). Evercore Inc. runs the higher net margin — 23.0% vs 6.2%, a 16.8% gap on every dollar of revenue. On growth, Evercore Inc. posted the faster year-over-year revenue change (98.8% vs 22.0%). Over the past eight quarters, Evercore Inc.'s revenue compounded faster (42.2% CAGR vs 23.3%).
Evercore Inc., formerly known as Evercore Partners, is a global independent investment banking advisory firm founded in 1995 by Roger Altman, David Offensend, and Austin Beutner. The firm has advised on over $4.7 trillion of merger, acquisition, and restructuring transactions since its founding.
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.
EVR vs TOST — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.6B |
| Net Profit | $322.7M | $101.0M |
| Gross Margin | — | 25.9% |
| Operating Margin | — | 5.2% |
| Net Margin | 23.0% | 6.2% |
| Revenue YoY | 98.8% | 22.0% |
| Net Profit YoY | 109.8% | 215.6% |
| EPS (diluted) | $7.20 | $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 | $1.4B | — | ||
| Q4 25 | $1.3B | $1.6B | ||
| Q3 25 | $1.0B | $1.6B | ||
| Q2 25 | $838.0M | $1.6B | ||
| Q1 25 | $699.0M | $1.3B | ||
| Q4 24 | $979.5M | $1.3B | ||
| Q3 24 | $738.4M | $1.3B | ||
| Q2 24 | $693.4M | $1.2B |
| Q1 26 | $322.7M | — | ||
| Q4 25 | $204.0M | $101.0M | ||
| Q3 25 | $144.6M | $105.0M | ||
| Q2 25 | $97.2M | $80.0M | ||
| Q1 25 | $146.2M | $56.0M | ||
| Q4 24 | $140.4M | $32.0M | ||
| Q3 24 | $78.4M | $56.0M | ||
| Q2 24 | $73.8M | $14.0M |
| Q1 26 | — | — | ||
| 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 26 | — | — | ||
| Q4 25 | 24.2% | 5.2% | ||
| Q3 25 | 20.8% | 5.1% | ||
| Q2 25 | 18.0% | 5.2% | ||
| Q1 25 | 16.0% | 3.2% | ||
| Q4 24 | 21.8% | 2.5% | ||
| Q3 24 | 16.7% | 2.6% | ||
| Q2 24 | 15.9% | 0.4% |
| Q1 26 | 23.0% | — | ||
| Q4 25 | 15.7% | 6.2% | ||
| Q3 25 | 13.8% | 6.4% | ||
| Q2 25 | 11.6% | 5.2% | ||
| Q1 25 | 20.9% | 4.2% | ||
| Q4 24 | 14.3% | 2.4% | ||
| Q3 24 | 10.6% | 4.3% | ||
| Q2 24 | 10.6% | 1.1% |
| Q1 26 | $7.20 | — | ||
| Q4 25 | $4.80 | $0.18 | ||
| Q3 25 | $3.41 | $0.16 | ||
| Q2 25 | $2.36 | $0.13 | ||
| Q1 25 | $3.48 | $0.09 | ||
| Q4 24 | $3.32 | $0.09 | ||
| Q3 24 | $1.86 | $0.07 | ||
| Q2 24 | $1.81 | $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 | — | $1.4B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | — | $2.1B |
| Total Assets | — | $3.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $3.0B | $1.4B | ||
| Q3 25 | $2.4B | $1.4B | ||
| Q2 25 | $1.7B | $1.2B | ||
| Q1 25 | $1.4B | $1.0B | ||
| Q4 24 | $2.4B | $903.0M | ||
| Q3 24 | $1.8B | $761.0M | ||
| Q2 24 | $1.7B | $691.0M |
| Q1 26 | — | — | ||
| Q4 25 | $2.0B | $2.1B | ||
| Q3 25 | $1.8B | $2.0B | ||
| Q2 25 | $1.7B | $1.8B | ||
| Q1 25 | $1.5B | $1.7B | ||
| Q4 24 | $1.7B | $1.5B | ||
| Q3 24 | $1.6B | $1.4B | ||
| Q2 24 | $1.5B | $1.3B |
| Q1 26 | — | — | ||
| Q4 25 | $5.4B | $3.1B | ||
| Q3 25 | $4.4B | $3.0B | ||
| Q2 25 | $3.7B | $2.8B | ||
| Q1 25 | $3.3B | $2.6B | ||
| Q4 24 | $4.2B | $2.4B | ||
| Q3 24 | $3.6B | $2.2B | ||
| Q2 24 | $3.3B | $2.2B |
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 | — | $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.
| Q1 26 | — | — | ||
| Q4 25 | $807.5M | $194.0M | ||
| Q3 25 | $560.9M | $165.0M | ||
| Q2 25 | $437.7M | $223.0M | ||
| Q1 25 | $-549.7M | $79.0M | ||
| Q4 24 | $686.4M | $147.0M | ||
| Q3 24 | $234.5M | $109.0M | ||
| Q2 24 | $348.5M | $124.0M |
| Q1 26 | — | — | ||
| Q4 25 | $798.6M | $178.0M | ||
| Q3 25 | $541.5M | $153.0M | ||
| Q2 25 | $411.7M | $208.0M | ||
| Q1 25 | $-569.3M | $69.0M | ||
| Q4 24 | $673.1M | $134.0M | ||
| Q3 24 | $226.6M | $97.0M | ||
| Q2 24 | $340.7M | $108.0M |
| Q1 26 | — | — | ||
| Q4 25 | 61.6% | 10.9% | ||
| Q3 25 | 51.8% | 9.4% | ||
| Q2 25 | 49.1% | 13.4% | ||
| Q1 25 | -81.4% | 5.2% | ||
| Q4 24 | 68.7% | 10.0% | ||
| Q3 24 | 30.7% | 7.4% | ||
| Q2 24 | 49.1% | 8.7% |
| Q1 26 | — | — | ||
| Q4 25 | 0.7% | 1.0% | ||
| Q3 25 | 1.9% | 0.7% | ||
| Q2 25 | 3.1% | 1.0% | ||
| Q1 25 | 2.8% | 0.7% | ||
| Q4 24 | 1.4% | 1.0% | ||
| Q3 24 | 1.1% | 0.9% | ||
| Q2 24 | 1.1% | 1.3% |
| Q1 26 | — | — | ||
| Q4 25 | 3.96× | 1.92× | ||
| Q3 25 | 3.88× | 1.57× | ||
| Q2 25 | 4.50× | 2.79× | ||
| Q1 25 | -3.76× | 1.41× | ||
| Q4 24 | 4.89× | 4.59× | ||
| Q3 24 | 2.99× | 1.95× | ||
| Q2 24 | 4.72× | 8.86× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EVR
| Advisory Fees (1) | $1.2B | 89% |
| Commissions and Related Revenue | $62.7M | 4% |
| Underwriting Fees | $55.1M | 4% |
| Asset Management and Administration Fees (2) | $23.7M | 2% |
| Other Revenue, net | $15.4M | 1% |
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
