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Side-by-side financial comparison of RH (RH) 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 $883.8M, roughly 1.8× RH). Toast, Inc. runs the higher net margin — 6.2% vs 4.1%, a 2.1% gap on every dollar of revenue. On growth, Toast, Inc. posted the faster year-over-year revenue change (22.0% vs 8.9%). Toast, Inc. produced more free cash flow last quarter ($178.0M vs $83.0M). Over the past eight quarters, Toast, Inc.'s revenue compounded faster (23.3% CAGR vs 9.4%).
RH is an upscale American home-furnishings company headquartered in Corte Madera, California. The company sells its merchandise through its retail stores, catalog, and online. As of August 2018, the company operated a total of 70 galleries, 18 full-line design galleries, and 3 baby-and-child galleries. The company also has 36 outlet stores in the United States and Canada.
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.
RH vs TOST — Head-to-Head
Income Statement — Q3 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $883.8M | $1.6B |
| Net Profit | $36.3M | $101.0M |
| Gross Margin | 44.1% | 25.9% |
| Operating Margin | 12.0% | 5.2% |
| Net Margin | 4.1% | 6.2% |
| Revenue YoY | 8.9% | 22.0% |
| Net Profit YoY | 9.3% | 215.6% |
| EPS (diluted) | $1.83 | $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 | $883.8M | $1.6B | ||
| Q3 25 | $899.2M | $1.6B | ||
| Q2 25 | $814.0M | $1.6B | ||
| Q1 25 | $812.4M | $1.3B | ||
| Q4 24 | $811.7M | $1.3B | ||
| Q3 24 | $829.7M | $1.3B | ||
| Q2 24 | $727.0M | $1.2B | ||
| Q1 24 | $738.3M | $1.1B |
| Q4 25 | $36.3M | $101.0M | ||
| Q3 25 | $51.7M | $105.0M | ||
| Q2 25 | $8.0M | $80.0M | ||
| Q1 25 | $13.9M | $56.0M | ||
| Q4 24 | $33.2M | $32.0M | ||
| Q3 24 | $29.0M | $56.0M | ||
| Q2 24 | $-3.6M | $14.0M | ||
| Q1 24 | $11.4M | $-83.0M |
| Q4 25 | 44.1% | 25.9% | ||
| Q3 25 | 45.5% | 26.5% | ||
| Q2 25 | 43.7% | 25.3% | ||
| Q1 25 | 44.7% | 25.9% | ||
| Q4 24 | 44.5% | 24.9% | ||
| Q3 24 | 45.2% | 24.7% | ||
| Q2 24 | 43.5% | 23.0% | ||
| Q1 24 | 43.5% | 23.2% |
| Q4 25 | 12.0% | 5.2% | ||
| Q3 25 | 14.3% | 5.1% | ||
| Q2 25 | 6.9% | 5.2% | ||
| Q1 25 | 8.7% | 3.2% | ||
| Q4 24 | 12.5% | 2.5% | ||
| Q3 24 | 11.6% | 2.6% | ||
| Q2 24 | 7.5% | 0.4% | ||
| Q1 24 | 8.7% | -5.2% |
| Q4 25 | 4.1% | 6.2% | ||
| Q3 25 | 5.8% | 6.4% | ||
| Q2 25 | 1.0% | 5.2% | ||
| Q1 25 | 1.7% | 4.2% | ||
| Q4 24 | 4.1% | 2.4% | ||
| Q3 24 | 3.5% | 4.3% | ||
| Q2 24 | -0.5% | 1.1% | ||
| Q1 24 | 1.5% | -7.7% |
| Q4 25 | $1.83 | $0.18 | ||
| Q3 25 | $2.62 | $0.16 | ||
| Q2 25 | $0.40 | $0.13 | ||
| Q1 25 | $0.71 | $0.09 | ||
| Q4 24 | $1.66 | $0.09 | ||
| Q3 24 | $1.45 | $0.07 | ||
| Q2 24 | $-0.20 | $0.02 | ||
| Q1 24 | $0.91 | $-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 | $43.1M | $1.4B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.3M | $2.1B |
| Total Assets | $4.8B | $3.1B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $43.1M | $1.4B | ||
| Q3 25 | $34.6M | $1.4B | ||
| Q2 25 | $46.1M | $1.2B | ||
| Q1 25 | $30.4M | $1.0B | ||
| Q4 24 | $87.0M | $903.0M | ||
| Q3 24 | $78.3M | $761.0M | ||
| Q2 24 | $101.8M | $691.0M | ||
| Q1 24 | $123.7M | $578.0M |
| Q4 25 | $3.3M | $2.1B | ||
| Q3 25 | $-40.9M | $2.0B | ||
| Q2 25 | $-110.8M | $1.8B | ||
| Q1 25 | $-163.6M | $1.7B | ||
| Q4 24 | $-183.0M | $1.5B | ||
| Q3 24 | $-234.7M | $1.4B | ||
| Q2 24 | $-289.9M | $1.3B | ||
| Q1 24 | $-297.4M | $1.2B |
| Q4 25 | $4.8B | $3.1B | ||
| Q3 25 | $4.7B | $3.0B | ||
| Q2 25 | $4.7B | $2.8B | ||
| Q1 25 | $4.6B | $2.6B | ||
| Q4 24 | $4.5B | $2.4B | ||
| Q3 24 | $4.4B | $2.2B | ||
| Q2 24 | $4.2B | $2.2B | ||
| Q1 24 | $4.1B | $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 | $131.9M | $194.0M |
| Free Cash FlowOCF − Capex | $83.0M | $178.0M |
| FCF MarginFCF / Revenue | 9.4% | 10.9% |
| Capex IntensityCapex / Revenue | 5.5% | 1.0% |
| Cash ConversionOCF / Net Profit | 3.64× | 1.92× |
| TTM Free Cash FlowTrailing 4 quarters | $128.1M | $608.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $131.9M | $194.0M | ||
| Q3 25 | $137.7M | $165.0M | ||
| Q2 25 | $86.6M | $223.0M | ||
| Q1 25 | $-18.8M | $79.0M | ||
| Q4 24 | $-31.4M | $147.0M | ||
| Q3 24 | $11.2M | $109.0M | ||
| Q2 24 | $56.1M | $124.0M | ||
| Q1 24 | $-114.0M | $-20.0M |
| Q4 25 | $83.0M | $178.0M | ||
| Q3 25 | $80.7M | $153.0M | ||
| Q2 25 | $34.1M | $208.0M | ||
| Q1 25 | $-69.7M | $69.0M | ||
| Q4 24 | $-96.0M | $134.0M | ||
| Q3 24 | $-37.9M | $97.0M | ||
| Q2 24 | $-10.1M | $108.0M | ||
| Q1 24 | $-251.5M | $-33.0M |
| Q4 25 | 9.4% | 10.9% | ||
| Q3 25 | 9.0% | 9.4% | ||
| Q2 25 | 4.2% | 13.4% | ||
| Q1 25 | -8.6% | 5.2% | ||
| Q4 24 | -11.8% | 10.0% | ||
| Q3 24 | -4.6% | 7.4% | ||
| Q2 24 | -1.4% | 8.7% | ||
| Q1 24 | -34.1% | -3.1% |
| Q4 25 | 5.5% | 1.0% | ||
| Q3 25 | 6.3% | 0.7% | ||
| Q2 25 | 6.5% | 1.0% | ||
| Q1 25 | 6.3% | 0.7% | ||
| Q4 24 | 8.0% | 1.0% | ||
| Q3 24 | 5.9% | 0.9% | ||
| Q2 24 | 9.1% | 1.3% | ||
| Q1 24 | 18.6% | 1.2% |
| Q4 25 | 3.64× | 1.92× | ||
| Q3 25 | 2.66× | 1.57× | ||
| Q2 25 | 10.78× | 2.79× | ||
| Q1 25 | -1.35× | 1.41× | ||
| Q4 24 | -0.95× | 4.59× | ||
| Q3 24 | 0.39× | 1.95× | ||
| Q2 24 | — | 8.86× | ||
| Q1 24 | -10.01× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
RH
| RH Segment | $835.8M | 95% |
| Waterworks Segment | $48.0M | 5% |
| Gift Card And Merchandise Credit | $4.5M | 1% |
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
