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Side-by-side financial comparison of FLOWSERVE CORP (FLS) 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 $1.1B, roughly 1.5× FLOWSERVE CORP). FLOWSERVE CORP runs the higher net margin — 7.6% vs 6.2%, a 1.5% gap on every dollar of revenue. On growth, Toast, Inc. posted the faster year-over-year revenue change (22.0% vs -6.7%). Over the past eight quarters, Toast, Inc.'s revenue compounded faster (23.3% CAGR vs -3.9%).

The Flowserve Corporation is an American multinational corporation and one of the largest suppliers of industrial and environmental machinery such as pumps, valves, end face mechanical seals, automation, and services to the power, oil, gas, chemical and other industries. Headquartered in Irving, Texas, which is in the Dallas–Fort Worth Metroplex, Flowserve employs close to 16,000 employees in more than 50 countries. Flowserve sells products and offers aftermarket services to engineering and c...

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.

FLS vs TOST — Head-to-Head

Bigger by revenue
TOST
TOST
1.5× larger
TOST
$1.6B
$1.1B
FLS
Growing faster (revenue YoY)
TOST
TOST
+28.7% gap
TOST
22.0%
-6.7%
FLS
Higher net margin
FLS
FLS
1.5% more per $
FLS
7.6%
6.2%
TOST
Faster 2-yr revenue CAGR
TOST
TOST
Annualised
TOST
23.3%
-3.9%
FLS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
FLS
FLS
TOST
TOST
Revenue
$1.1B
$1.6B
Net Profit
$81.7M
$101.0M
Gross Margin
35.6%
25.9%
Operating Margin
11.2%
5.2%
Net Margin
7.6%
6.2%
Revenue YoY
-6.7%
22.0%
Net Profit YoY
10.5%
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
FLS
FLS
TOST
TOST
Q1 26
$1.1B
Q4 25
$1.2B
$1.6B
Q3 25
$1.2B
$1.6B
Q2 25
$1.2B
$1.6B
Q1 25
$1.1B
$1.3B
Q4 24
$1.2B
$1.3B
Q3 24
$1.1B
$1.3B
Q2 24
$1.2B
$1.2B
Net Profit
FLS
FLS
TOST
TOST
Q1 26
$81.7M
Q4 25
$-29.0M
$101.0M
Q3 25
$219.6M
$105.0M
Q2 25
$81.8M
$80.0M
Q1 25
$73.9M
$56.0M
Q4 24
$77.5M
$32.0M
Q3 24
$58.4M
$56.0M
Q2 24
$72.6M
$14.0M
Gross Margin
FLS
FLS
TOST
TOST
Q1 26
35.6%
Q4 25
34.8%
25.9%
Q3 25
32.4%
26.5%
Q2 25
34.2%
25.3%
Q1 25
32.3%
25.9%
Q4 24
31.5%
24.9%
Q3 24
31.5%
24.7%
Q2 24
31.6%
23.0%
Operating Margin
FLS
FLS
TOST
TOST
Q1 26
11.2%
Q4 25
3.5%
5.2%
Q3 25
6.7%
5.1%
Q2 25
12.3%
5.2%
Q1 25
11.5%
3.2%
Q4 24
10.6%
2.5%
Q3 24
9.1%
2.6%
Q2 24
10.5%
0.4%
Net Margin
FLS
FLS
TOST
TOST
Q1 26
7.6%
Q4 25
-2.4%
6.2%
Q3 25
18.7%
6.4%
Q2 25
6.9%
5.2%
Q1 25
6.5%
4.2%
Q4 24
6.6%
2.4%
Q3 24
5.2%
4.3%
Q2 24
6.3%
1.1%
EPS (diluted)
FLS
FLS
TOST
TOST
Q1 26
Q4 25
$-0.21
$0.18
Q3 25
$1.67
$0.16
Q2 25
$0.62
$0.13
Q1 25
$0.56
$0.09
Q4 24
$0.59
$0.09
Q3 24
$0.44
$0.07
Q2 24
$0.55
$0.02

Balance Sheet & Financial Strength

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

Metric
FLS
FLS
TOST
TOST
Cash + ST InvestmentsLiquidity on hand
$792.4M
$1.4B
Total DebtLower is stronger
Stockholders' EquityBook value
$2.3B
$2.1B
Total Assets
$5.7B
$3.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLS
FLS
TOST
TOST
Q1 26
$792.4M
Q4 25
$760.2M
$1.4B
Q3 25
$1.4B
Q2 25
$1.2B
Q1 25
$1.0B
Q4 24
$675.4M
$903.0M
Q3 24
$761.0M
Q2 24
$691.0M
Total Debt
FLS
FLS
TOST
TOST
Q1 26
Q4 25
$1.6B
Q3 25
Q2 25
Q1 25
Q4 24
$1.5B
Q3 24
Q2 24
Stockholders' Equity
FLS
FLS
TOST
TOST
Q1 26
$2.3B
Q4 25
$2.2B
$2.1B
Q3 25
$2.3B
$2.0B
Q2 25
$2.2B
$1.8B
Q1 25
$2.1B
$1.7B
Q4 24
$2.0B
$1.5B
Q3 24
$2.1B
$1.4B
Q2 24
$2.0B
$1.3B
Total Assets
FLS
FLS
TOST
TOST
Q1 26
$5.7B
Q4 25
$5.7B
$3.1B
Q3 25
$5.8B
$3.0B
Q2 25
$5.7B
$2.8B
Q1 25
$5.5B
$2.6B
Q4 24
$5.5B
$2.4B
Q3 24
$5.3B
$2.2B
Q2 24
$5.2B
$2.2B
Debt / Equity
FLS
FLS
TOST
TOST
Q1 26
Q4 25
0.72×
Q3 25
Q2 25
Q1 25
Q4 24
0.75×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
FLS
FLS
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
FLS
FLS
TOST
TOST
Q1 26
Q4 25
$-174.0K
$194.0M
Q3 25
$401.8M
$165.0M
Q2 25
$154.1M
$223.0M
Q1 25
$-49.9M
$79.0M
Q4 24
$197.3M
$147.0M
Q3 24
$178.5M
$109.0M
Q2 24
$-12.8M
$124.0M
Free Cash Flow
FLS
FLS
TOST
TOST
Q1 26
Q4 25
$-25.6M
$178.0M
Q3 25
$384.7M
$153.0M
Q2 25
$137.5M
$208.0M
Q1 25
$-61.7M
$69.0M
Q4 24
$168.5M
$134.0M
Q3 24
$154.6M
$97.0M
Q2 24
$-27.5M
$108.0M
FCF Margin
FLS
FLS
TOST
TOST
Q1 26
Q4 25
-2.1%
10.9%
Q3 25
32.8%
9.4%
Q2 25
11.6%
13.4%
Q1 25
-5.4%
5.2%
Q4 24
14.3%
10.0%
Q3 24
13.6%
7.4%
Q2 24
-2.4%
8.7%
Capex Intensity
FLS
FLS
TOST
TOST
Q1 26
Q4 25
2.1%
1.0%
Q3 25
1.5%
0.7%
Q2 25
1.4%
1.0%
Q1 25
1.0%
0.7%
Q4 24
2.4%
1.0%
Q3 24
2.1%
0.9%
Q2 24
1.3%
1.3%
Cash Conversion
FLS
FLS
TOST
TOST
Q1 26
Q4 25
1.92×
Q3 25
1.83×
1.57×
Q2 25
1.89×
2.79×
Q1 25
-0.68×
1.41×
Q4 24
2.55×
4.59×
Q3 24
3.06×
1.95×
Q2 24
-0.18×
8.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FLS
FLS

Segment breakdown not available.

TOST
TOST

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

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