Toast revenue and financials
$31.05Change from previous close: +2.64%Absolute change: +$0.80
In the fiscal year ended December 2025, Toast reported revenue of $6.15B (+24.05% year over year). Net income was $342M, a net margin of 5.6%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +24.05%
- 2025 vs 2024
- Net income growth
- +1,700.00%
- 2025 vs 2024
- Net margin
- 5.6%
- 2024: 0.4%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 3,145 | 2,408 | 1,958 | 1,761 | 1,735 |
| Current assets | 2,669 | 1,975 | 1,570 | 1,407 | 1,485 |
| Cash and equivalents | 1,353 | 903 | 605 | 547 | 809 |
| Short-term investments | 638 | 514 | 519 | 474 | 457 |
| Receivables | 127 | 115 | 69.0 | 109 | 55.0 |
| Inventory | 114 | 118 | 118 | 130 | 63.0 |
| Net property, plant and equipment | 132 | 123 | 111 | 138 | 120 |
| Goodwill | 113 | 113 | 113 | 107 | 74.0 |
| Other intangible assets | 14.0 | 20.0 | 26.0 | 29.0 | 16.0 |
| Current liabilities | 969 | 811 | 663 | 496 | 352 |
| Accounts payable | 47.0 | 37.0 | 32.0 | 30.0 | 40.0 |
| Total debt | 20.0 | 24.0 | 33.0 | 94.0 | — |
| Total liabilities | 1,021 | 863 | 764 | 663 | 644 |
| Total equity (incl. minority) | 2,124 | 1,545 | 1,194 | 1,098 | 1,091 |
| Retained earnings | -1,262 | -1,604 | -1,623 | -1,377 | -1,102 |