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Side-by-side financial comparison of KB HOME (KBH) and Toast, Inc. (TOST). Click either name above to swap in a different company.
KB HOME is the larger business by last-quarter revenue ($1.7B vs $1.6B, roughly 1.0× Toast, Inc.). Toast, Inc. runs the higher net margin — 6.2% vs 6.0%, a 0.2% gap on every dollar of revenue. On growth, Toast, Inc. posted the faster year-over-year revenue change (22.0% vs -15.3%). KB HOME produced more free cash flow last quarter ($290.1M vs $178.0M). Over the past eight quarters, Toast, Inc.'s revenue compounded faster (23.3% CAGR vs 7.4%).
KB Home is an American homebuilding company founded in 1957 as Kaufman & Broad in Detroit, Michigan. It was the first company to be traded on the New York Stock Exchange as a home builder. Its headquarters are in Los Angeles, California.
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.
KBH vs TOST — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.7B | $1.6B |
| Net Profit | $101.5M | $101.0M |
| Gross Margin | — | 25.9% |
| Operating Margin | — | 5.2% |
| Net Margin | 6.0% | 6.2% |
| Revenue YoY | -15.3% | 22.0% |
| Net Profit YoY | -46.7% | 215.6% |
| EPS (diluted) | $1.55 | $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.
| Q4 25 | $1.7B | $1.6B | ||
| Q3 25 | $1.6B | $1.6B | ||
| Q2 25 | $1.5B | $1.6B | ||
| Q1 25 | $1.4B | $1.3B | ||
| Q4 24 | $2.0B | $1.3B | ||
| Q3 24 | $1.8B | $1.3B | ||
| Q2 24 | $1.7B | $1.2B | ||
| Q1 24 | $1.5B | $1.1B |
| Q4 25 | $101.5M | $101.0M | ||
| Q3 25 | $109.8M | $105.0M | ||
| Q2 25 | $107.9M | $80.0M | ||
| Q1 25 | $109.6M | $56.0M | ||
| Q4 24 | $190.6M | $32.0M | ||
| Q3 24 | $157.3M | $56.0M | ||
| Q2 24 | $168.4M | $14.0M | ||
| Q1 24 | $138.7M | $-83.0M |
| 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 24 | — | 23.2% |
| Q4 25 | — | 5.2% | ||
| Q3 25 | — | 5.1% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | 3.2% | ||
| Q4 24 | — | 2.5% | ||
| Q3 24 | — | 2.6% | ||
| Q2 24 | — | 0.4% | ||
| Q1 24 | — | -5.2% |
| Q4 25 | 6.0% | 6.2% | ||
| Q3 25 | 6.8% | 6.4% | ||
| Q2 25 | 7.1% | 5.2% | ||
| Q1 25 | 7.9% | 4.2% | ||
| Q4 24 | 9.5% | 2.4% | ||
| Q3 24 | 9.0% | 4.3% | ||
| Q2 24 | 9.9% | 1.1% | ||
| Q1 24 | 9.4% | -7.7% |
| Q4 25 | $1.55 | $0.18 | ||
| Q3 25 | $1.61 | $0.16 | ||
| Q2 25 | $1.50 | $0.13 | ||
| Q1 25 | $1.49 | $0.09 | ||
| Q4 24 | $2.50 | $0.09 | ||
| Q3 24 | $2.04 | $0.07 | ||
| Q2 24 | $2.15 | $0.02 | ||
| Q1 24 | $1.76 | $-0.15 |
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 | $3.9B | $2.1B |
| Total Assets | $6.7B | $3.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| 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 | ||
| Q1 24 | — | $578.0M |
| Q4 25 | $3.9B | $2.1B | ||
| Q3 25 | $3.9B | $2.0B | ||
| Q2 25 | $4.0B | $1.8B | ||
| Q1 25 | $4.1B | $1.7B | ||
| Q4 24 | $4.1B | $1.5B | ||
| Q3 24 | $4.0B | $1.4B | ||
| Q2 24 | $4.0B | $1.3B | ||
| Q1 24 | $3.9B | $1.2B |
| Q4 25 | $6.7B | $3.1B | ||
| Q3 25 | $7.0B | $3.0B | ||
| Q2 25 | $7.0B | $2.8B | ||
| Q1 25 | $7.0B | $2.6B | ||
| Q4 24 | $6.9B | $2.4B | ||
| Q3 24 | $6.8B | $2.2B | ||
| Q2 24 | $6.8B | $2.2B | ||
| Q1 24 | $6.7B | $2.1B |
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 | $303.8M | $194.0M |
| Free Cash FlowOCF − Capex | $290.1M | $178.0M |
| FCF MarginFCF / Revenue | 17.1% | 10.9% |
| Capex IntensityCapex / Revenue | 0.8% | 1.0% |
| Cash ConversionOCF / Net Profit | 2.99× | 1.92× |
| TTM Free Cash FlowTrailing 4 quarters | $287.3M | $608.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $303.8M | $194.0M | ||
| Q3 25 | $197.7M | $165.0M | ||
| Q2 25 | $168.4M | $223.0M | ||
| Q1 25 | $-334.3M | $79.0M | ||
| Q4 24 | $362.6M | $147.0M | ||
| Q3 24 | $-89.9M | $109.0M | ||
| Q2 24 | $61.5M | $124.0M | ||
| Q1 24 | $28.5M | $-20.0M |
| Q4 25 | $290.1M | $178.0M | ||
| Q3 25 | $185.8M | $153.0M | ||
| Q2 25 | $156.9M | $208.0M | ||
| Q1 25 | $-345.5M | $69.0M | ||
| Q4 24 | $352.6M | $134.0M | ||
| Q3 24 | $-99.4M | $97.0M | ||
| Q2 24 | $51.2M | $108.0M | ||
| Q1 24 | $19.1M | $-33.0M |
| Q4 25 | 17.1% | 10.9% | ||
| Q3 25 | 11.5% | 9.4% | ||
| Q2 25 | 10.3% | 13.4% | ||
| Q1 25 | -24.8% | 5.2% | ||
| Q4 24 | 17.6% | 10.0% | ||
| Q3 24 | -5.7% | 7.4% | ||
| Q2 24 | 3.0% | 8.7% | ||
| Q1 24 | 1.3% | -3.1% |
| Q4 25 | 0.8% | 1.0% | ||
| Q3 25 | 0.7% | 0.7% | ||
| Q2 25 | 0.8% | 1.0% | ||
| Q1 25 | 0.8% | 0.7% | ||
| Q4 24 | 0.5% | 1.0% | ||
| Q3 24 | 0.5% | 0.9% | ||
| Q2 24 | 0.6% | 1.3% | ||
| Q1 24 | 0.6% | 1.2% |
| Q4 25 | 2.99× | 1.92× | ||
| Q3 25 | 1.80× | 1.57× | ||
| Q2 25 | 1.56× | 2.79× | ||
| Q1 25 | -3.05× | 1.41× | ||
| Q4 24 | 1.90× | 4.59× | ||
| Q3 24 | -0.57× | 1.95× | ||
| Q2 24 | 0.37× | 8.86× | ||
| Q1 24 | 0.21× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
KBH
| Home Building | $1.7B | 99% |
| Financial Service | $8.7M | 1% |
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
