Toast, Inc.
TOST Technology Software Infrastructure
Toast, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $6.2 billion, up 24.1% from fiscal 2024.
- Revenue
- +23.1%
- EPS
- +92.9%
- Free cash flow
- −37.5%
Quarter to June 2026, against a year earlier
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Toast, Inc. 10-Q filed Aug 5, 2026
Red flags
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Inventory outpacing revenue
Inventory grew 110.7% while revenue grew 23.1% year over year
What changed
Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed May 8, 2026: 9 modified; 6 with only figures updated
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Modified · Revenue
Total revenue increased by
2223%,for the three and six months endedMarch 31June 30, 2026, compared to the sameperiodperiods in 2025. This growth was primarily driven by increases insubscription services andfinancial technology solutions and subscription services revenue, attributable to a higher number of Locations on the Toast platform and continued product adoption.