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Side-by-side financial comparison of Toast, Inc. (TOST) and UPBOUND GROUP, INC. (UPBD). Click either name above to swap in a different company.
Toast, Inc. is the larger business by last-quarter revenue ($1.6B vs $1.2B, roughly 1.4× UPBOUND GROUP, INC.). Toast, Inc. runs the higher net margin — 6.2% vs 1.7%, a 4.5% gap on every dollar of revenue. On growth, Toast, Inc. posted the faster year-over-year revenue change (22.0% vs 10.9%). Toast, Inc. produced more free cash flow last quarter ($178.0M vs $24.0M). Over the past eight quarters, Toast, Inc.'s revenue compounded faster (23.3% CAGR vs 4.5%).
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.
Upbound Group, Inc. is a leading US provider of flexible lease-to-own solutions for consumer goods. It offers furniture, consumer electronics, home appliances, and accessories, catering to customers seeking accessible payment alternatives to traditional retail financing.
TOST vs UPBD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.6B | $1.2B |
| Net Profit | $101.0M | $19.7M |
| Gross Margin | 25.9% | 49.0% |
| Operating Margin | 5.2% | 4.8% |
| Net Margin | 6.2% | 1.7% |
| Revenue YoY | 22.0% | 10.9% |
| Net Profit YoY | 215.6% | -36.3% |
| EPS (diluted) | $0.18 | $0.35 |
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 | $1.2B | ||
| Q3 25 | $1.6B | $1.2B | ||
| Q2 25 | $1.6B | $1.2B | ||
| Q1 25 | $1.3B | $1.2B | ||
| Q4 24 | $1.3B | $1.1B | ||
| Q3 24 | $1.3B | $1.1B | ||
| Q2 24 | $1.2B | $1.1B | ||
| Q1 24 | $1.1B | $1.1B |
| Q4 25 | $101.0M | $19.7M | ||
| Q3 25 | $105.0M | $13.2M | ||
| Q2 25 | $80.0M | $15.5M | ||
| Q1 25 | $56.0M | $24.8M | ||
| Q4 24 | $32.0M | $31.0M | ||
| Q3 24 | $56.0M | $30.9M | ||
| Q2 24 | $14.0M | $33.9M | ||
| Q1 24 | $-83.0M | $27.7M |
| Q4 25 | 25.9% | 49.0% | ||
| Q3 25 | 26.5% | 48.3% | ||
| Q2 25 | 25.3% | 49.4% | ||
| Q1 25 | 25.9% | 46.8% | ||
| Q4 24 | 24.9% | 47.1% | ||
| Q3 24 | 24.7% | 47.8% | ||
| Q2 24 | 23.0% | 49.4% | ||
| Q1 24 | 23.2% | 48.3% |
| Q4 25 | 5.2% | 4.8% | ||
| Q3 25 | 5.1% | 4.5% | ||
| Q2 25 | 5.2% | 4.4% | ||
| Q1 25 | 3.2% | 5.3% | ||
| Q4 24 | 2.5% | 7.3% | ||
| Q3 24 | 2.6% | 6.6% | ||
| Q2 24 | 0.4% | 7.5% | ||
| Q1 24 | -5.2% | 5.6% |
| Q4 25 | 6.2% | 1.7% | ||
| Q3 25 | 6.4% | 1.1% | ||
| Q2 25 | 5.2% | 1.3% | ||
| Q1 25 | 4.2% | 2.1% | ||
| Q4 24 | 2.4% | 2.9% | ||
| Q3 24 | 4.3% | 2.9% | ||
| Q2 24 | 1.1% | 3.2% | ||
| Q1 24 | -7.7% | 2.5% |
| Q4 25 | $0.18 | $0.35 | ||
| Q3 25 | $0.16 | $0.22 | ||
| Q2 25 | $0.13 | $0.26 | ||
| Q1 25 | $0.09 | $0.42 | ||
| Q4 24 | $0.09 | $0.55 | ||
| Q3 24 | $0.07 | $0.55 | ||
| Q2 24 | $0.02 | $0.61 | ||
| Q1 24 | $-0.15 | $0.50 |
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 | $120.5M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $2.1B | $695.7M |
| Total Assets | $3.1B | $3.3B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.4B | $120.5M | ||
| Q3 25 | $1.4B | $107.0M | ||
| Q2 25 | $1.2B | $106.8M | ||
| Q1 25 | $1.0B | $107.3M | ||
| Q4 24 | $903.0M | $60.9M | ||
| Q3 24 | $761.0M | $85.1M | ||
| Q2 24 | $691.0M | $82.5M | ||
| Q1 24 | $578.0M | $84.8M |
| Q4 25 | $2.1B | $695.7M | ||
| Q3 25 | $2.0B | $687.3M | ||
| Q2 25 | $1.8B | $685.5M | ||
| Q1 25 | $1.7B | $679.2M | ||
| Q4 24 | $1.5B | $629.0M | ||
| Q3 24 | $1.4B | $611.8M | ||
| Q2 24 | $1.3B | $596.3M | ||
| Q1 24 | $1.2B | $578.3M |
| Q4 25 | $3.1B | $3.3B | ||
| Q3 25 | $3.0B | $3.2B | ||
| Q2 25 | $2.8B | $3.1B | ||
| Q1 25 | $2.6B | $3.0B | ||
| Q4 24 | $2.4B | $2.6B | ||
| Q3 24 | $2.2B | $2.6B | ||
| Q2 24 | $2.2B | $2.6B | ||
| Q1 24 | $2.1B | $2.6B |
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 | $41.6M |
| Free Cash FlowOCF − Capex | $178.0M | $24.0M |
| FCF MarginFCF / Revenue | 10.9% | 2.0% |
| Capex IntensityCapex / Revenue | 1.0% | 1.5% |
| Cash ConversionOCF / Net Profit | 1.92× | 2.11× |
| TTM Free Cash FlowTrailing 4 quarters | $608.0M | $238.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $194.0M | $41.6M | ||
| Q3 25 | $165.0M | $118.4M | ||
| Q2 25 | $223.0M | $7.8M | ||
| Q1 25 | $79.0M | $137.7M | ||
| Q4 24 | $147.0M | $-61.9M | ||
| Q3 24 | $109.0M | $106.2M | ||
| Q2 24 | $124.0M | $15.0M | ||
| Q1 24 | $-20.0M | $45.4M |
| Q4 25 | $178.0M | $24.0M | ||
| Q3 25 | $153.0M | $97.9M | ||
| Q2 25 | $208.0M | $-10.4M | ||
| Q1 25 | $69.0M | $127.2M | ||
| Q4 24 | $134.0M | $-74.0M | ||
| Q3 24 | $97.0M | $88.3M | ||
| Q2 24 | $108.0M | $613.0K | ||
| Q1 24 | $-33.0M | $33.6M |
| Q4 25 | 10.9% | 2.0% | ||
| Q3 25 | 9.4% | 8.4% | ||
| Q2 25 | 13.4% | -0.9% | ||
| Q1 25 | 5.2% | 10.8% | ||
| Q4 24 | 10.0% | -6.9% | ||
| Q3 24 | 7.4% | 8.3% | ||
| Q2 24 | 8.7% | 0.1% | ||
| Q1 24 | -3.1% | 3.1% |
| Q4 25 | 1.0% | 1.5% | ||
| Q3 25 | 0.7% | 1.8% | ||
| Q2 25 | 1.0% | 1.6% | ||
| Q1 25 | 0.7% | 0.9% | ||
| Q4 24 | 1.0% | 1.1% | ||
| Q3 24 | 0.9% | 1.7% | ||
| Q2 24 | 1.3% | 1.3% | ||
| Q1 24 | 1.2% | 1.1% |
| Q4 25 | 1.92× | 2.11× | ||
| Q3 25 | 1.57× | 8.96× | ||
| Q2 25 | 2.79× | 0.50× | ||
| Q1 25 | 1.41× | 5.56× | ||
| Q4 24 | 4.59× | -2.00× | ||
| Q3 24 | 1.95× | 3.44× | ||
| Q2 24 | 8.86× | 0.44× | ||
| Q1 24 | — | 1.64× |
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% |
UPBD
Segment breakdown not available.
