Symbols / TOST Stock $27.86 -5.45% Toast, Inc.

Technology • Software - Infrastructure • United States • NYQ
TOST (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
About

Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally. It offers a platform of software-as-a-service for restaurant operations and point of sale, such as Toast POS; Toast IQ, a conversational artificial intelligence; vendor management; multi-location management; kitchen display system; online ordering and delivery. It offers payroll and team management; inventory and supply chain tools; xtraCHEF by toast, a set of back-office tools for restaurants, including accounts payable automation, inventory management, ingredient price tracking, and recipe costing; financial technology solutions, including integrated payment processing, and restaurant-grade hardware. The company was formerly known as Opti Systems, Inc. and changed its name to Toast, Inc. in May 2012. Toast, Inc. was incorporated in 2011 and is headquartered in Boston, Massachusetts.

Stock Fundamentals
Scroll to Statements
Market Cap 16.41B Enterprise Value 15.38B Income 342.00M Sales 6.15B Book/sh 3.61 Cash/sh 3.38
Dividend Yield — Payout 0.00% Employees 6500 IPO — P/E 49.74 Forward P/E 16.69
PEG 0.23 P/S 2.67 P/B 7.72 P/C — EV/EBITDA 41.68 EV/Sales 2.50
Quick Ratio 2.19 Current Ratio 2.75 Debt/Eq 0.94 LT Debt/Eq — EPS (ttm) 0.56 EPS next Y 1.67
EPS Growth 228.20% Revenue Growth 22.00% Earnings 2026-05-07 ROA 6.87% ROE 18.64% ROIC —
Gross Margin 25.97% Oper. Margin 5.51% Profit Margin 5.56% Shs Outstand 524.00M Shs Float 484.02M Short Float 5.46%
Short Ratio 2.57 Short Interest — 52W High 49.66 52W Low 24.35 Beta 1.90 Avg Volume 11.75M
Volume 6.81M Target Price $36.42 Recom Buy Prev Close $29.46 Price $27.86 Change -5.45%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$36.42
Mean price target
2. Current target
$27.86
Latest analyst target
3. DCF / Fair value
$19.95
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$27.86
Low
$26.00
High
$51.00
Mean
$36.42

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-04-22 init BMO Capital Outperform → Outperform $35
2026-03-31 init Loop Capital — → Hold $26
2026-02-17 main DA Davidson Neutral → Neutral $33
2026-02-17 main Goldman Sachs Neutral → Neutral $31
2026-02-17 main Mizuho Outperform → Outperform $45
2026-02-13 main Citigroup Buy → Buy $42
2026-02-13 main Oppenheimer Outperform → Outperform $39
2026-02-13 main Wells Fargo Overweight → Overweight $36
2026-02-13 main Needham Buy → Buy $35
2026-02-02 main DA Davidson Neutral → Neutral $36
2026-01-12 main Oppenheimer Outperform → Outperform $48
2026-01-08 down Wolfe Research Outperform → Peer Perform —
2025-12-04 main UBS Buy → Buy $50
2025-12-04 up JP Morgan Neutral → Overweight $43
2025-12-01 up BNP Paribas Exane Neutral → Outperform $40
2025-11-13 main Truist Securities Buy → Buy $43
2025-11-05 main UBS Buy → Buy $50
2025-11-05 main JP Morgan Neutral → Neutral $43
2025-11-05 main Jefferies Buy → Buy $45
2025-11-05 main Morgan Stanley Overweight → Overweight $56
News
RSS: Latest TOST news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-04-02 ELWORTHY BRIAN ROBERT General Counsel — 3,664 $26.19 $95,949
2026-04-02 FREDETTE STEPHEN President — 7,289 $26.19 $190,877
2026-04-02 GOMEZ ELENA CASTANEDA President — 8,929 $26.19 $233,824
2026-04-02 VASSIL JONATHAN Officer — 6,438 $26.19 $168,592
2026-04-02 NARANG AMAN Chief Executive Officer — 13,463 $26.19 $352,556
2026-04-01 ELWORTHY BRIAN ROBERT General Counsel — 10,045 — —
2026-04-01 FREDETTE STEPHEN President — 15,207 — —
2026-04-01 GOMEZ ELENA CASTANEDA President — 17,364 — —
2026-04-01 VASSIL JONATHAN Officer — 13,163 — —
2026-04-01 NARANG AMAN Chief Executive Officer — 27,503 — —
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
6,153.00
+24.05%
4,960.00
+28.33%
3,865.00
+41.52%
2,731.00
Operating Revenue
6,153.00
+24.05%
4,960.00
+28.33%
3,865.00
+41.52%
2,731.00
Cost Of Revenue
4,560.00
+20.95%
3,770.00
+24.38%
3,031.00
+36.53%
2,220.00
Reconciled Cost Of Revenue
4,560.00
+20.95%
3,770.00
+24.38%
3,031.00
+36.53%
2,220.00
Gross Profit
1,593.00
+33.87%
1,190.00
+42.69%
834.00
+63.21%
511.00
Operating Expense
1,289.00
+14.27%
1,128.00
+0.62%
1,121.00
+25.25%
895.00
Research And Development
374.00
+6.55%
351.00
-1.96%
358.00
+26.95%
282.00
Selling General And Administration
915.00
+17.76%
777.00
+1.83%
763.00
+24.47%
613.00
Selling And Marketing Expense
571.00
+21.49%
470.00
+17.21%
401.00
+25.71%
319.00
General And Administrative Expense
344.00
+12.05%
307.00
-15.19%
362.00
+23.13%
294.00
Other Gand A
344.00
+12.05%
307.00
-15.19%
362.00
+23.13%
294.00
Total Expenses
5,849.00
+19.42%
4,898.00
+17.97%
4,152.00
+33.29%
3,115.00
Operating Income
304.00
+390.32%
62.00
+121.60%
-287.00
+25.26%
-384.00
Total Operating Income As Reported
292.00
+1725.00%
16.00
+105.57%
-287.00
+25.26%
-384.00
EBITDA
368.00
+240.74%
108.00
+142.35%
-255.00
+29.17%
-360.00
Normalized EBITDA
377.00
+85.71%
203.00
+178.68%
-258.00
+43.30%
-455.00
Reconciled Depreciation
64.00
+39.13%
46.00
+43.75%
32.00
+33.33%
24.00
EBIT
304.00
+390.32%
62.00
+121.60%
-287.00
+25.26%
-384.00
Total Unusual Items
-9.00
+90.53%
-95.00
-3266.67%
3.00
-96.84%
95.00
Total Unusual Items Excluding Goodwill
-9.00
+90.53%
-95.00
-3266.67%
3.00
-96.84%
95.00
Special Income Charges
-12.00
+73.91%
-46.00
0.00
0.00
Other Special Charges
—
—
—
—
Restructuring And Mergern Acquisition
12.00
-73.91%
46.00
0.00
0.00
Net Income
342.00
+1700.00%
19.00
+107.72%
-246.00
+10.55%
-275.00
Pretax Income
346.00
+1472.73%
22.00
+109.02%
-244.00
+11.91%
-277.00
Net Non Operating Interest Income Expense
51.00
+21.43%
42.00
+13.51%
37.00
+236.36%
11.00
Interest Expense Non Operating
—
—
—
—
Net Interest Income
51.00
+21.43%
42.00
+13.51%
37.00
+236.36%
11.00
Interest Expense
—
—
—
—
Interest Income Non Operating
51.00
+21.43%
42.00
+13.51%
37.00
+236.36%
11.00
Interest Income
51.00
+21.43%
42.00
+13.51%
37.00
+236.36%
11.00
Other Income Expense
-9.00
+89.02%
-82.00
-1466.67%
6.00
-93.75%
96.00
Other Non Operating Income Expenses
—
13.00
+333.33%
3.00
+200.00%
1.00
Gain On Sale Of Security
3.00
+106.12%
-49.00
-1733.33%
3.00
-96.84%
95.00
Tax Provision
4.00
+33.33%
3.00
+50.00%
2.00
+200.00%
-2.00
Tax Rate For Calcs
0.00
-89.57%
0.00
-45.24%
0.00
+3400.00%
0.00
Tax Effect Of Unusual Items
-0.11
+99.01%
-10.93
-1834.13%
0.63
+10.53%
0.57
Net Income Including Noncontrolling Interests
342.00
+1700.00%
19.00
+107.72%
-246.00
+10.55%
-275.00
Net Income From Continuing Operation Net Minority Interest
342.00
+1700.00%
19.00
+107.72%
-246.00
+10.55%
-275.00
Net Income From Continuing And Discontinued Operation
342.00
+1700.00%
19.00
+107.72%
-246.00
+10.55%
-275.00
Net Income Continuous Operations
342.00
+1700.00%
19.00
+107.72%
-246.00
+10.55%
-275.00
Normalized Income
350.89
+240.42%
103.08
+141.50%
-248.37
+32.77%
-369.43
Net Income Common Stockholders
342.00
+1700.00%
19.00
+107.72%
-246.00
+10.55%
-275.00
Otherunder Preferred Stock Dividend
—
—
—
0.00
Diluted EPS
—
0.03
+106.38%
-0.47
+34.72%
-0.72
Basic EPS
—
0.03
+106.52%
-0.46
+14.81%
-0.54
Basic Average Shares
—
559.00
+5.08%
532.00
+3.96%
511.75
Diluted Average Shares
—
591.00
+10.88%
533.00
+4.05%
512.24
Diluted NI Availto Com Stockholders
339.00
+1684.21%
19.00
+107.63%
-249.00
+32.70%
-370.00
Average Dilution Earnings
-3.00
0.00
+100.00%
-3.00
+96.84%
-95.00
Total Other Finance Cost
—
—
-37.00
-236.36%
-11.00
Line Item Trend 2023-12-31 2022-12-31 2021-12-31
Total Assets
1,958.00
+11.19%
1,761.00
—
Current Assets
1,570.00
+11.58%
1,407.00
—
Cash Cash Equivalents And Short Term Investments
1,124.00
+10.09%
1,021.00
—
Cash And Cash Equivalents
605.00
+10.60%
547.00
—
Other Short Term Investments
519.00
+9.49%
474.00
—
Receivables
69.00
-36.70%
109.00
—
Accounts Receivable
57.00
+26.67%
45.00
—
Receivables Adjustments Allowances
-11.00
+8.33%
-12.00
—
Other Receivables
23.00
-69.74%
76.00
—
Inventory
118.00
+7.27%
110.00
—
Finished Goods
—
—
42.00
Prepaid Assets
30.00
-36.17%
47.00
—
Current Deferred Assets
60.00
+36.36%
44.00
—
Restricted Cash
87.00
+45.00%
60.00
—
Other Current Assets
112.00
+600.00%
16.00
—
Total Non Current Assets
388.00
+9.60%
354.00
—
Net PPE
111.00
-19.57%
138.00
—
Gross PPE
172.00
-7.53%
186.00
—
Accumulated Depreciation
-61.00
-27.08%
-48.00
—
Properties
0.00
0.00
—
Machinery Furniture Equipment
118.00
+66.20%
71.00
—
Construction In Progress
1.00
0.00
—
Other Properties
40.00
-49.37%
79.00
—
Leases
13.00
-63.89%
36.00
—
Goodwill And Other Intangible Assets
139.00
+2.21%
136.00
—
Goodwill
113.00
+5.61%
107.00
—
Other Intangible Assets
26.00
-10.34%
29.00
—
Non Current Deferred Assets
—
38.00
+52.00%
25.00
Non Current Prepaid Assets
—
—
1.00
Other Non Current Assets
138.00
+72.50%
80.00
—
Total Liabilities Net Minority Interest
764.00
+15.23%
663.00
—
Current Liabilities
663.00
+33.67%
496.00
—
Payables And Accrued Expenses
456.00
+38.18%
330.00
—
Payables
32.00
+6.67%
30.00
—
Accounts Payable
32.00
+6.67%
30.00
—
Current Accrued Expenses
424.00
+41.33%
300.00
—
Current Debt And Capital Lease Obligation
11.00
-21.43%
14.00
-36.36%
22.00
Current Capital Lease Obligation
11.00
-21.43%
14.00
-36.36%
22.00
Current Deferred Liabilities
39.00
+0.00%
39.00
—
Current Deferred Revenue
39.00
+0.00%
39.00
—
Other Current Liabilities
168.00
+48.67%
113.00
—
Total Non Current Liabilities Net Minority Interest
101.00
-39.52%
167.00
—
Long Term Debt And Capital Lease Obligation
33.00
-58.75%
80.00
—
Long Term Capital Lease Obligation
33.00
-58.75%
80.00
—
Non Current Deferred Liabilities
—
7.00
-41.67%
12.00
Non Current Deferred Revenue
—
7.00
-41.67%
12.00
Other Non Current Liabilities
4.00
-78.95%
19.00
—
Preferred Securities Outside Stock Equity
—
—
0.00
Stockholders Equity
1,194.00
+8.74%
1,098.00
—
Common Stock Equity
1,194.00
+8.74%
1,098.00
—
Capital Stock
0.00
0.00
—
Common Stock
0.00
0.00
—
Preferred Stock
0.00
0.00
—
Share Issued
543.00
+3.77%
523.25
—
Ordinary Shares Number
543.00
+3.82%
523.03
—
Treasury Shares Number
0.00
-100.00%
0.23
+0.00%
0.23
Additional Paid In Capital
2,817.00
+13.73%
2,477.00
—
Retained Earnings
-1,623.00
-17.86%
-1,377.00
—
Gains Losses Not Affecting Retained Earnings
0.00
+100.00%
-2.00
—
Treasury Stock
0.00
0.00
0.00
Other Equity Adjustments
—
-2.00
-100.00%
-1.00
Total Equity Gross Minority Interest
1,194.00
+8.74%
1,098.00
—
Total Capitalization
1,194.00
+8.74%
1,098.00
—
Working Capital
907.00
-0.44%
911.00
—
Invested Capital
1,194.00
+8.74%
1,098.00
—
Total Debt
33.00
-64.89%
94.00
—
Capital Lease Obligations
33.00
-64.89%
94.00
—
Net Tangible Assets
1,055.00
+9.67%
962.00
—
Tangible Book Value
1,055.00
+9.67%
962.00
—
Derivative Product Liabilities
64.00
-5.88%
68.00
—
Inventories Adjustments Allowances
—
-13.00
-333.33%
-3.00
Other Inventories
—
123.00
+173.33%
45.00
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
661.00
+83.61%
360.00
+166.67%
135.00
+186.54%
-156.00
Cash Flow From Continuing Operating Activities
661.00
+83.61%
360.00
+166.67%
135.00
+186.54%
-156.00
Net Income From Continuing Operations
342.00
+1700.00%
19.00
+107.72%
-246.00
+10.55%
-275.00
Depreciation Amortization Depletion
64.00
+39.13%
46.00
+43.75%
32.00
+33.33%
24.00
Depreciation And Amortization
64.00
+39.13%
46.00
+43.75%
32.00
+33.33%
24.00
Other Non Cash Items
107.00
+42.67%
75.00
+66.67%
45.00
-4.26%
47.00
Stock Based Compensation
248.00
-3.88%
258.00
-10.10%
287.00
+20.59%
238.00
Provisionand Write Offof Assets
91.00
+30.00%
70.00
+9.38%
64.00
+88.24%
34.00
Asset Impairment Charge
3.00
-40.00%
5.00
-66.67%
15.00
0.00
Deferred Tax
—
—
—
-5.00
Deferred Income Tax
—
—
—
-5.00
Operating Gains Losses
-3.00
-108.57%
35.00
+1266.67%
-3.00
+96.84%
-95.00
Gain Loss On Investment Securities
-3.00
-108.57%
35.00
+1266.67%
-3.00
+96.84%
-95.00
Change In Working Capital
-191.00
-29.05%
-148.00
-150.85%
-59.00
+54.26%
-129.00
Change In Receivables
-33.00
+54.17%
-72.00
-2300.00%
-3.00
+91.43%
-35.00
Changes In Account Receivables
-33.00
+54.17%
-72.00
-2300.00%
-3.00
+91.43%
-35.00
Change In Inventory
4.00
0.00
+100.00%
-7.00
+89.71%
-68.00
Change In Prepaid Assets
—
—
—
-40.00
Change In Payables And Accrued Expense
32.00
-39.62%
53.00
-35.37%
82.00
-21.90%
105.00
Change In Accrued Expense
21.00
-56.25%
48.00
-40.74%
81.00
-30.17%
116.00
Change In Payable
11.00
+120.00%
5.00
+400.00%
1.00
+109.09%
-11.00
Change In Account Payable
11.00
+120.00%
5.00
+400.00%
1.00
+109.09%
-11.00
Change In Other Working Capital
-142.00
-24.56%
-114.00
+4.20%
-119.00
-25.26%
-95.00
Change In Other Current Assets
-52.00
-246.67%
-15.00
-25.00%
-12.00
+66.67%
-36.00
Change In Other Current Liabilities
—
—
—
4.00
Investing Cash Flow
-172.00
-341.03%
-39.00
+54.65%
-86.00
+12.24%
-98.00
Cash Flow From Continuing Investing Activities
-172.00
-341.03%
-39.00
+54.65%
-86.00
+12.24%
-98.00
Net PPE Purchase And Sale
—
—
—
-16.00
Purchase Of PPE
—
—
—
-16.00
Capital Expenditure
-53.00
+1.85%
-54.00
-28.57%
-42.00
-27.27%
-33.00
Capital Expenditure Reported
-53.00
+1.85%
-54.00
-28.57%
-42.00
-27.27%
-33.00
Net Investment Purchase And Sale
-119.00
-893.33%
15.00
+146.88%
-32.00
-68.42%
-19.00
Purchase Of Investment
-633.00
-33.83%
-473.00
+24.08%
-623.00
-43.55%
-434.00
Sale Of Investment
514.00
+5.33%
488.00
-17.43%
591.00
+42.41%
415.00
Net Business Purchase And Sale
0.00
0.00
+100.00%
-9.00
+80.43%
-46.00
Purchase Of Business
0.00
0.00
+100.00%
-9.00
+80.43%
-46.00
Net Other Investing Changes
—
—
-3.00
—
Financing Cash Flow
7.00
-61.11%
18.00
-71.43%
63.00
+65.79%
38.00
Cash Flow From Continuing Financing Activities
7.00
-61.11%
18.00
-71.43%
63.00
+65.79%
38.00
Net Issuance Payments Of Debt
—
—
—
0.00
Issuance Of Debt
—
—
—
0.00
Repayment Of Debt
—
—
—
0.00
Long Term Debt Issuance
—
—
—
0.00
Long Term Debt Payments
—
—
—
0.00
Net Long Term Debt Issuance
—
—
—
0.00
Short Term Debt Issuance
—
—
—
—
Net Short Term Debt Issuance
—
—
—
—
Net Common Stock Issuance
-26.00
-160.47%
43.00
+19.44%
36.00
+140.00%
15.00
Common Stock Payments
-107.00
-91.07%
-56.00
0.00
0.00
Repurchase Of Capital Stock
-107.00
-91.07%
-56.00
0.00
0.00
Proceeds From Stock Option Exercised
0.00
+100.00%
-61.00
0.00
0.00
Net Other Financing Charges
33.00
-8.33%
36.00
+33.33%
27.00
+17.39%
23.00
Changes In Cash
496.00
+46.31%
339.00
+202.68%
112.00
+151.85%
-216.00
Effect Of Exchange Rate Changes
2.00
+300.00%
-1.00
0.00
0.00
Beginning Cash Position
1,085.00
+45.25%
747.00
+17.64%
635.00
-25.38%
851.00
End Cash Position
1,583.00
+45.90%
1,085.00
+45.25%
747.00
+17.64%
635.00
Free Cash Flow
608.00
+98.69%
306.00
+229.03%
93.00
+149.21%
-189.00
Interest Paid Supplemental Data
—
—
—
0.00
Income Tax Paid Supplemental Data
—
3.00
+50.00%
2.00
+100.00%
1.00
Common Stock Issuance
81.00
-18.18%
99.00
+175.00%
36.00
+140.00%
15.00
Issuance Of Capital Stock
81.00
-18.18%
99.00
+175.00%
36.00
+140.00%
15.00
Net Preferred Stock Issuance
—
—
—
0.00
Preferred Stock Issuance
—
—
—
0.00
Preferred Stock Payments
—
—
—
0.00
Sale Of Business
—
—
—
—
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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Date User Broker Pattern Type Position Size Entry Price Trade P&L Status
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