vs
Side-by-side financial comparison of Toast, Inc. (TOST) and UGI CORP (UGI). Click either name above to swap in a different company.
UGI CORP is the larger business by last-quarter revenue ($2.1B vs $1.6B, roughly 1.3× Toast, Inc.). UGI CORP runs the higher net margin — 14.4% vs 6.2%, a 8.2% gap on every dollar of revenue. On growth, Toast, Inc. posted the faster year-over-year revenue change (22.0% vs 3.9%). Toast, Inc. produced more free cash flow last quarter ($178.0M vs $-155.0M). Over the past eight quarters, Toast, Inc.'s revenue compounded faster (23.3% CAGR vs -7.5%).
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.
UGI Corporation is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe.
TOST vs UGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $2.1B |
| Net Profit | $101.0M | $297.0M |
| Gross Margin | 25.9% | — |
| Operating Margin | 5.2% | 22.0% |
| Net Margin | 6.2% | 14.4% |
| Revenue YoY | 22.0% | 3.9% |
| Net Profit YoY | 215.6% | -20.8% |
| EPS (diluted) | $0.18 | $1.34 |
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 | $1.6B | $2.1B | ||
| Q3 25 | $1.6B | $1.2B | ||
| Q2 25 | $1.6B | $1.4B | ||
| Q1 25 | $1.3B | $2.6B | ||
| Q4 24 | $1.3B | $2.0B | ||
| Q3 24 | $1.3B | $1.2B | ||
| Q2 24 | $1.2B | $1.4B | ||
| Q1 24 | $1.1B | $2.4B |
| Q4 25 | $101.0M | $297.0M | ||
| Q3 25 | $105.0M | $-13.0M | ||
| Q2 25 | $80.0M | $-163.0M | ||
| Q1 25 | $56.0M | $479.0M | ||
| Q4 24 | $32.0M | $375.0M | ||
| Q3 24 | $56.0M | $-273.0M | ||
| Q2 24 | $14.0M | $-48.0M | ||
| Q1 24 | $-83.0M | $496.0M |
| 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% | 22.0% | ||
| Q3 25 | 5.1% | 1.1% | ||
| Q2 25 | 5.2% | -6.8% | ||
| Q1 25 | 3.2% | 26.6% | ||
| Q4 24 | 2.5% | 24.5% | ||
| Q3 24 | 2.6% | -20.4% | ||
| Q2 24 | 0.4% | 5.0% | ||
| Q1 24 | -5.2% | 29.7% |
| Q4 25 | 6.2% | 14.4% | ||
| Q3 25 | 6.4% | -1.1% | ||
| Q2 25 | 5.2% | -12.0% | ||
| Q1 25 | 4.2% | 18.2% | ||
| Q4 24 | 2.4% | 18.9% | ||
| Q3 24 | 4.3% | -22.6% | ||
| Q2 24 | 1.1% | -3.6% | ||
| Q1 24 | -7.7% | 20.6% |
| Q4 25 | $0.18 | $1.34 | ||
| Q3 25 | $0.16 | $-0.08 | ||
| Q2 25 | $0.13 | $-0.76 | ||
| Q1 25 | $0.09 | $2.19 | ||
| Q4 24 | $0.09 | $1.74 | ||
| Q3 24 | $0.07 | $-1.26 | ||
| Q2 24 | $0.02 | $-0.23 | ||
| Q1 24 | $-0.15 | $2.30 |
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 | $251.0M |
| Total DebtLower is stronger | — | $6.0B |
| Stockholders' EquityBook value | $2.1B | $5.0B |
| Total Assets | $3.1B | $15.8B |
| Debt / EquityLower = less leverage | — | 1.19× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.4B | $251.0M | ||
| Q3 25 | $1.4B | $335.0M | ||
| Q2 25 | $1.2B | $350.0M | ||
| Q1 25 | $1.0B | $426.0M | ||
| Q4 24 | $903.0M | $240.0M | ||
| Q3 24 | $761.0M | $213.0M | ||
| Q2 24 | $691.0M | $183.0M | ||
| Q1 24 | $578.0M | $263.0M |
| Q4 25 | — | $6.0B | ||
| Q3 25 | — | $6.5B | ||
| Q2 25 | — | $5.7B | ||
| Q1 25 | — | $6.6B | ||
| Q4 24 | — | $6.6B | ||
| Q3 24 | — | $6.4B | ||
| Q2 24 | — | $6.3B | ||
| Q1 24 | — | $6.7B |
| Q4 25 | $2.1B | $5.0B | ||
| Q3 25 | $2.0B | $4.8B | ||
| Q2 25 | $1.8B | $4.9B | ||
| Q1 25 | $1.7B | $5.0B | ||
| Q4 24 | $1.5B | $4.6B | ||
| Q3 24 | $1.4B | $4.3B | ||
| Q2 24 | $1.3B | $4.7B | ||
| Q1 24 | $1.2B | $4.8B |
| Q4 25 | $3.1B | $15.8B | ||
| Q3 25 | $3.0B | $15.5B | ||
| Q2 25 | $2.8B | $15.4B | ||
| Q1 25 | $2.6B | $15.7B | ||
| Q4 24 | $2.4B | $15.4B | ||
| Q3 24 | $2.2B | $15.1B | ||
| Q2 24 | $2.2B | $15.1B | ||
| Q1 24 | $2.1B | $15.6B |
| Q4 25 | — | 1.19× | ||
| Q3 25 | — | 1.37× | ||
| Q2 25 | — | 1.17× | ||
| Q1 25 | — | 1.32× | ||
| Q4 24 | — | 1.44× | ||
| Q3 24 | — | 1.48× | ||
| Q2 24 | — | 1.34× | ||
| Q1 24 | — | 1.40× |
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 | $194.0M | $66.0M |
| Free Cash FlowOCF − Capex | $178.0M | $-155.0M |
| FCF MarginFCF / Revenue | 10.9% | -7.5% |
| Capex IntensityCapex / Revenue | 1.0% | 10.7% |
| Cash ConversionOCF / Net Profit | 1.92× | 0.22× |
| TTM Free Cash FlowTrailing 4 quarters | $608.0M | $282.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $194.0M | $66.0M | ||
| Q3 25 | $165.0M | $90.0M | ||
| Q2 25 | $223.0M | $289.0M | ||
| Q1 25 | $79.0M | $684.0M | ||
| Q4 24 | $147.0M | $164.0M | ||
| Q3 24 | $109.0M | $151.0M | ||
| Q2 24 | $124.0M | $390.0M | ||
| Q1 24 | $-20.0M | $522.0M |
| Q4 25 | $178.0M | $-155.0M | ||
| Q3 25 | $153.0M | $-168.0M | ||
| Q2 25 | $208.0M | $67.0M | ||
| Q1 25 | $69.0M | $538.0M | ||
| Q4 24 | $134.0M | $-47.0M | ||
| Q3 24 | $97.0M | $-115.0M | ||
| Q2 24 | $108.0M | $185.0M | ||
| Q1 24 | $-33.0M | $353.0M |
| Q4 25 | 10.9% | -7.5% | ||
| Q3 25 | 9.4% | -14.4% | ||
| Q2 25 | 13.4% | 4.9% | ||
| Q1 25 | 5.2% | 20.4% | ||
| Q4 24 | 10.0% | -2.4% | ||
| Q3 24 | 7.4% | -9.5% | ||
| Q2 24 | 8.7% | 13.7% | ||
| Q1 24 | -3.1% | 14.6% |
| Q4 25 | 1.0% | 10.7% | ||
| Q3 25 | 0.7% | 22.1% | ||
| Q2 25 | 1.0% | 16.3% | ||
| Q1 25 | 0.7% | 5.5% | ||
| Q4 24 | 1.0% | 10.6% | ||
| Q3 24 | 0.9% | 22.0% | ||
| Q2 24 | 1.3% | 15.2% | ||
| Q1 24 | 1.2% | 7.0% |
| Q4 25 | 1.92× | 0.22× | ||
| Q3 25 | 1.57× | — | ||
| Q2 25 | 2.79× | — | ||
| Q1 25 | 1.41× | 1.43× | ||
| Q4 24 | 4.59× | 0.44× | ||
| Q3 24 | 1.95× | — | ||
| Q2 24 | 8.86× | — | ||
| Q1 24 | — | 1.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
TOST
| Technology Service | $1.3B | 82% |
| License | $256.0M | 16% |
| Product And Professional Services | $43.0M | 3% |
UGI
Segment breakdown not available.
