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Side-by-side financial comparison of Huntington Ingalls Industries (HII) and Toast, Inc. (TOST). Click either name above to swap in a different company.

Huntington Ingalls Industries is the larger business by last-quarter revenue ($1.7B vs $1.6B, roughly 1.0× Toast, Inc.). Huntington Ingalls Industries runs the higher net margin — 8.9% vs 6.2%, a 2.8% gap on every dollar of revenue. On growth, Toast, Inc. posted the faster year-over-year revenue change (22.0% vs 13.8%). Toast, Inc. produced more free cash flow last quarter ($178.0M vs $-461.0M). Over the past eight quarters, Toast, Inc.'s revenue compounded faster (23.3% CAGR vs -25.2%).

Huntington Ingalls Industries, Inc. (HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII was formed on 31 March 2011, as a divestiture from Northrop Grumman.

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.

HII vs TOST — Head-to-Head

Bigger by revenue
HII
HII
1.0× larger
HII
$1.7B
$1.6B
TOST
Growing faster (revenue YoY)
TOST
TOST
+8.2% gap
TOST
22.0%
13.8%
HII
Higher net margin
HII
HII
2.8% more per $
HII
8.9%
6.2%
TOST
More free cash flow
TOST
TOST
$639.0M more FCF
TOST
$178.0M
$-461.0M
HII
Faster 2-yr revenue CAGR
TOST
TOST
Annualised
TOST
23.3%
-25.2%
HII

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
HII
HII
TOST
TOST
Revenue
$1.7B
$1.6B
Net Profit
$149.0M
$101.0M
Gross Margin
25.9%
Operating Margin
9.3%
5.2%
Net Margin
8.9%
6.2%
Revenue YoY
13.8%
22.0%
Net Profit YoY
215.6%
EPS (diluted)
$3.79
$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
HII
HII
TOST
TOST
Q1 26
$1.7B
Q4 25
$3.5B
$1.6B
Q3 25
$3.2B
$1.6B
Q2 25
$3.1B
$1.6B
Q1 25
$2.7B
$1.3B
Q4 24
$3.0B
$1.3B
Q3 24
$2.7B
$1.3B
Q2 24
$3.0B
$1.2B
Net Profit
HII
HII
TOST
TOST
Q1 26
$149.0M
Q4 25
$159.0M
$101.0M
Q3 25
$145.0M
$105.0M
Q2 25
$152.0M
$80.0M
Q1 25
$149.0M
$56.0M
Q4 24
$123.0M
$32.0M
Q3 24
$101.0M
$56.0M
Q2 24
$173.0M
$14.0M
Gross Margin
HII
HII
TOST
TOST
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%
Operating Margin
HII
HII
TOST
TOST
Q1 26
9.3%
Q4 25
4.9%
5.2%
Q3 25
5.0%
5.1%
Q2 25
5.3%
5.2%
Q1 25
5.9%
3.2%
Q4 24
3.7%
2.5%
Q3 24
3.0%
2.6%
Q2 24
6.3%
0.4%
Net Margin
HII
HII
TOST
TOST
Q1 26
8.9%
Q4 25
4.6%
6.2%
Q3 25
4.5%
6.4%
Q2 25
4.9%
5.2%
Q1 25
5.4%
4.2%
Q4 24
4.1%
2.4%
Q3 24
3.7%
4.3%
Q2 24
5.8%
1.1%
EPS (diluted)
HII
HII
TOST
TOST
Q1 26
$3.79
Q4 25
$4.06
$0.18
Q3 25
$3.68
$0.16
Q2 25
$3.86
$0.13
Q1 25
$3.79
$0.09
Q4 24
$3.15
$0.09
Q3 24
$2.56
$0.07
Q2 24
$4.38
$0.02

Balance Sheet & Financial Strength

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

Metric
HII
HII
TOST
TOST
Cash + ST InvestmentsLiquidity on hand
$216.0M
$1.4B
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$5.1B
$2.1B
Total Assets
$12.5B
$3.1B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HII
HII
TOST
TOST
Q1 26
$216.0M
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.2B
Q1 25
$1.0B
Q4 24
$903.0M
Q3 24
$761.0M
Q2 24
$691.0M
Total Debt
HII
HII
TOST
TOST
Q1 26
$2.7B
Q4 25
$2.7B
Q3 25
Q2 25
Q1 25
Q4 24
$2.7B
Q3 24
Q2 24
Stockholders' Equity
HII
HII
TOST
TOST
Q1 26
$5.1B
Q4 25
$5.1B
$2.1B
Q3 25
$5.0B
$2.0B
Q2 25
$4.9B
$1.8B
Q1 25
$4.8B
$1.7B
Q4 24
$4.7B
$1.5B
Q3 24
$4.2B
$1.4B
Q2 24
$4.2B
$1.3B
Total Assets
HII
HII
TOST
TOST
Q1 26
$12.5B
Q4 25
$12.7B
$3.1B
Q3 25
$12.3B
$3.0B
Q2 25
$12.1B
$2.8B
Q1 25
$12.1B
$2.6B
Q4 24
$12.1B
$2.4B
Q3 24
$11.1B
$2.2B
Q2 24
$11.3B
$2.2B
Debt / Equity
HII
HII
TOST
TOST
Q1 26
0.52×
Q4 25
0.53×
Q3 25
Q2 25
Q1 25
Q4 24
0.58×
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
HII
HII
TOST
TOST
Operating Cash FlowLast quarter
$-390.0M
$194.0M
Free Cash FlowOCF − Capex
$-461.0M
$178.0M
FCF MarginFCF / Revenue
-27.7%
10.9%
Capex IntensityCapex / Revenue
4.4%
1.0%
Cash ConversionOCF / Net Profit
-2.62×
1.92×
TTM Free Cash FlowTrailing 4 quarters
$795.0M
$608.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HII
HII
TOST
TOST
Q1 26
$-390.0M
Q4 25
$650.0M
$194.0M
Q3 25
$118.0M
$165.0M
Q2 25
$823.0M
$223.0M
Q1 25
$-395.0M
$79.0M
Q4 24
$391.0M
$147.0M
Q3 24
$213.0M
$109.0M
Q2 24
$-9.0M
$124.0M
Free Cash Flow
HII
HII
TOST
TOST
Q1 26
$-461.0M
Q4 25
$516.0M
$178.0M
Q3 25
$13.0M
$153.0M
Q2 25
$727.0M
$208.0M
Q1 25
$-462.0M
$69.0M
Q4 24
$277.0M
$134.0M
Q3 24
$125.0M
$97.0M
Q2 24
$-99.0M
$108.0M
FCF Margin
HII
HII
TOST
TOST
Q1 26
-27.7%
Q4 25
14.8%
10.9%
Q3 25
0.4%
9.4%
Q2 25
23.6%
13.4%
Q1 25
-16.9%
5.2%
Q4 24
9.2%
10.0%
Q3 24
4.5%
7.4%
Q2 24
-3.3%
8.7%
Capex Intensity
HII
HII
TOST
TOST
Q1 26
4.4%
Q4 25
3.9%
1.0%
Q3 25
3.3%
0.7%
Q2 25
3.1%
1.0%
Q1 25
2.5%
0.7%
Q4 24
3.8%
1.0%
Q3 24
3.2%
0.9%
Q2 24
3.0%
1.3%
Cash Conversion
HII
HII
TOST
TOST
Q1 26
-2.62×
Q4 25
4.09×
1.92×
Q3 25
0.81×
1.57×
Q2 25
5.41×
2.79×
Q1 25
-2.65×
1.41×
Q4 24
3.18×
4.59×
Q3 24
2.11×
1.95×
Q2 24
-0.05×
8.86×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HII
HII

Segment breakdown not available.

TOST
TOST

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

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