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Side-by-side financial comparison of Genpact LTD (G) 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 $1.3B, roughly 1.2× Genpact LTD). Genpact LTD runs the higher net margin — 10.8% vs 6.2%, a 4.7% gap on every dollar of revenue. On growth, Toast, Inc. posted the faster year-over-year revenue change (22.0% vs 5.6%). Genpact LTD produced more free cash flow last quarter ($269.0M vs $178.0M). Over the past eight quarters, Toast, Inc.'s revenue compounded faster (23.3% CAGR vs 8.0%).

Genpact Ltd. is an American information technology services, consulting, and outsourcing company headquartered in New York City, New York. Founded in Gurgaon, India, and legally domiciled in Bermuda, Genpact employs more than 125,000 people and provides services to clients in over 30 countries worldwide. Genpact is listed on the NYSE and generated revenues of US$4.48 billion in 2023.

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.

G vs TOST — Head-to-Head

Bigger by revenue
TOST
TOST
1.2× larger
TOST
$1.6B
$1.3B
G
Growing faster (revenue YoY)
TOST
TOST
+16.4% gap
TOST
22.0%
5.6%
G
Higher net margin
G
G
4.7% more per $
G
10.8%
6.2%
TOST
More free cash flow
G
G
$91.0M more FCF
G
$269.0M
$178.0M
TOST
Faster 2-yr revenue CAGR
TOST
TOST
Annualised
TOST
23.3%
8.0%
G

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
G
G
TOST
TOST
Revenue
$1.3B
$1.6B
Net Profit
$143.1M
$101.0M
Gross Margin
36.6%
25.9%
Operating Margin
14.8%
5.2%
Net Margin
10.8%
6.2%
Revenue YoY
5.6%
22.0%
Net Profit YoY
0.8%
215.6%
EPS (diluted)
$0.82
$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
G
G
TOST
TOST
Q4 25
$1.3B
$1.6B
Q3 25
$1.3B
$1.6B
Q2 25
$1.3B
$1.6B
Q1 25
$1.2B
$1.3B
Q4 24
$1.2B
$1.3B
Q3 24
$1.2B
$1.3B
Q2 24
$1.2B
$1.2B
Q1 24
$1.1B
$1.1B
Net Profit
G
G
TOST
TOST
Q4 25
$143.1M
$101.0M
Q3 25
$145.8M
$105.0M
Q2 25
$132.7M
$80.0M
Q1 25
$130.9M
$56.0M
Q4 24
$141.9M
$32.0M
Q3 24
$132.8M
$56.0M
Q2 24
$122.0M
$14.0M
Q1 24
$116.9M
$-83.0M
Gross Margin
G
G
TOST
TOST
Q4 25
36.6%
25.9%
Q3 25
36.4%
26.5%
Q2 25
35.9%
25.3%
Q1 25
35.3%
25.9%
Q4 24
35.7%
24.9%
Q3 24
35.6%
24.7%
Q2 24
35.4%
23.0%
Q1 24
35.0%
23.2%
Operating Margin
G
G
TOST
TOST
Q4 25
14.8%
5.2%
Q3 25
14.8%
5.1%
Q2 25
14.3%
5.2%
Q1 25
15.1%
3.2%
Q4 24
15.2%
2.5%
Q3 24
15.0%
2.6%
Q2 24
14.5%
0.4%
Q1 24
14.1%
-5.2%
Net Margin
G
G
TOST
TOST
Q4 25
10.8%
6.2%
Q3 25
11.3%
6.4%
Q2 25
10.6%
5.2%
Q1 25
10.8%
4.2%
Q4 24
11.4%
2.4%
Q3 24
11.0%
4.3%
Q2 24
10.4%
1.1%
Q1 24
10.3%
-7.7%
EPS (diluted)
G
G
TOST
TOST
Q4 25
$0.82
$0.18
Q3 25
$0.83
$0.16
Q2 25
$0.75
$0.13
Q1 25
$0.73
$0.09
Q4 24
$0.80
$0.09
Q3 24
$0.74
$0.07
Q2 24
$0.67
$0.02
Q1 24
$0.64
$-0.15

Balance Sheet & Financial Strength

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

Metric
G
G
TOST
TOST
Cash + ST InvestmentsLiquidity on hand
$1.2B
$1.4B
Total DebtLower is stronger
$1.5B
Stockholders' EquityBook value
$2.5B
$2.1B
Total Assets
$5.8B
$3.1B
Debt / EquityLower = less leverage
0.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
G
G
TOST
TOST
Q4 25
$1.2B
$1.4B
Q3 25
$740.8M
$1.4B
Q2 25
$663.3M
$1.2B
Q1 25
$561.6M
$1.0B
Q4 24
$671.6M
$903.0M
Q3 24
$1.0B
$761.0M
Q2 24
$914.2M
$691.0M
Q1 24
$478.4M
$578.0M
Total Debt
G
G
TOST
TOST
Q4 25
$1.5B
Q3 25
$1.2B
Q2 25
$1.2B
Q1 25
$1.2B
Q4 24
$1.2B
Q3 24
$1.6B
Q2 24
$1.6B
Q1 24
$1.2B
Stockholders' Equity
G
G
TOST
TOST
Q4 25
$2.5B
$2.1B
Q3 25
$2.5B
$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
$2.3B
$1.3B
Q1 24
$2.3B
$1.2B
Total Assets
G
G
TOST
TOST
Q4 25
$5.8B
$3.1B
Q3 25
$5.4B
$3.0B
Q2 25
$5.3B
$2.8B
Q1 25
$4.9B
$2.6B
Q4 24
$5.0B
$2.4B
Q3 24
$5.3B
$2.2B
Q2 24
$5.2B
$2.2B
Q1 24
$4.7B
$2.1B
Debt / Equity
G
G
TOST
TOST
Q4 25
0.60×
Q3 25
0.47×
Q2 25
0.47×
Q1 25
0.50×
Q4 24
0.51×
Q3 24
0.68×
Q2 24
0.70×
Q1 24
0.54×

Cash Flow & Capital Efficiency

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

Metric
G
G
TOST
TOST
Operating Cash FlowLast quarter
$286.7M
$194.0M
Free Cash FlowOCF − Capex
$269.0M
$178.0M
FCF MarginFCF / Revenue
20.4%
10.9%
Capex IntensityCapex / Revenue
1.3%
1.0%
Cash ConversionOCF / Net Profit
2.00×
1.92×
TTM Free Cash FlowTrailing 4 quarters
$734.7M
$608.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
G
G
TOST
TOST
Q4 25
$286.7M
$194.0M
Q3 25
$308.4M
$165.0M
Q2 25
$177.4M
$223.0M
Q1 25
$40.4M
$79.0M
Q4 24
$203.2M
$147.0M
Q3 24
$228.5M
$109.0M
Q2 24
$209.3M
$124.0M
Q1 24
$-25.6M
$-20.0M
Free Cash Flow
G
G
TOST
TOST
Q4 25
$269.0M
$178.0M
Q3 25
$292.0M
$153.0M
Q2 25
$155.1M
$208.0M
Q1 25
$18.5M
$69.0M
Q4 24
$183.5M
$134.0M
Q3 24
$208.7M
$97.0M
Q2 24
$190.0M
$108.0M
Q1 24
$-49.6M
$-33.0M
FCF Margin
G
G
TOST
TOST
Q4 25
20.4%
10.9%
Q3 25
22.6%
9.4%
Q2 25
12.4%
13.4%
Q1 25
1.5%
5.2%
Q4 24
14.7%
10.0%
Q3 24
17.2%
7.4%
Q2 24
16.2%
8.7%
Q1 24
-4.4%
-3.1%
Capex Intensity
G
G
TOST
TOST
Q4 25
1.3%
1.0%
Q3 25
1.3%
0.7%
Q2 25
1.8%
1.0%
Q1 25
1.8%
0.7%
Q4 24
1.6%
1.0%
Q3 24
1.6%
0.9%
Q2 24
1.6%
1.3%
Q1 24
2.1%
1.2%
Cash Conversion
G
G
TOST
TOST
Q4 25
2.00×
1.92×
Q3 25
2.11×
1.57×
Q2 25
1.34×
2.79×
Q1 25
0.31×
1.41×
Q4 24
1.43×
4.59×
Q3 24
1.72×
1.95×
Q2 24
1.72×
8.86×
Q1 24
-0.22×

Financial Flow Comparison

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

Revenue Breakdown by Segment

G
G

High Tech And Manufacturing$525.3M40%
Consumer And Healthcare$445.8M34%
Financial Services$348.2M26%

TOST
TOST

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

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