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 |
|---|---|---|---|---|---|
| Operating cash flow | 661 | 360 | 135 | -156 | 2.0 |
| Depreciation and amortization | 64.0 | 44.0 | 32.0 | 24.0 | 12.0 |
| Capital expenditure | -53.0 | -54.0 | -42.0 | -33.0 | -19.0 |
| Investing cash flow | -172 | -39.0 | -86.0 | -98.0 | -503 |
| Financing cash flow | 7.0 | 18.0 | 63.0 | 38.0 | 759 |
| Share repurchases | -107 | -56.0 | 0.0 | 0.0 | — |
| Debt issued | — | — | — | 0.0 | 0.0 |
| Debt repaid | — | — | — | 0.0 | -245 |
| Effect of exchange rates | 2.0 | -1.0 | 0.0 | 0.0 | -1.0 |
| Net change in cash | 498 | 338 | 112 | -216 | 257 |
| Free cash flow | 608 | 306 | 93.0 | -189 | -17.0 |
| Levered free cash flow | 581 | 414 | 260 | 8.0 | 90.0 |