TOST: financial statements from SEC — TradeAlmanac

TOST

Toast, Inc.: financial statements

Company reports as filed with the U.S. Securities and Exchange Commission.

AnnualQuarterly

Income statement

Metric	Dec 31, 2025	Dec 31, 2024
Revenue	6.15bn	4.96bn
Cost of revenue	4.56bn	3.77bn
Gross profit	1.59bn	1.19bn
Research and development	374m	351m
Selling, general and administrative	344m	307m
Operating expenses	1.30bn	1.17bn
Operating income	292m	16m
Pre-tax income	346m	22m
Income tax	4m	3m
Net income	342m	19m
Earnings per share	0.59	0.03
Earnings per share, diluted	0.56	0.03
Weighted average shares	582m	559m
Weighted average shares, diluted	607m	591m

Balance sheet

Metric	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024
Cash and equivalents	1.10bn	1.35bn	1.36bn	1.19bn	1.01bn	903m	761m	691m
Receivables	138m	127m	121m

Cash flow

Metric	Dec 31, 2025	Dec 31, 2024
Operating cash flow	661m	360m
Depreciation and amortisation	64m	46m
Share-based compensation	242m	253m
Capital expenditure	53m	54m
Investing cash flow	−172m	−39m
Share buybacks	107m

Amounts in USD unless stated otherwise. Sources: Nasdaq Trader, Yahoo Finance, U.S. Securities and Exchange Commission (EDGAR)