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

33.72 0.30 +0.90%
Market cap
$19.4B
P/E
40.6×
Fwd P/E
33.1×
Dividend yield
—
F-score
7/9
Altman Z
14.49
Beneish M
−2.91
Dividend safety
n/a

Toast, Inc. (TOST) EV/EBITDA

Alert me on EV/EBITDA

As of 3 November 2026, Toast, Inc. (TOST) trades at a EV/EBITDA of 30.7×. Over the past ten years it has ranged from 0.0× (September 2024) to 474× (November 2024); the current reading is higher than 70% of that period. That is above the Software Infrastructure industry median of 15.0× and above the Technology sector median of 15.3×.

EV/EBITDA, daily

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Annual newest first

Period EV/EBITDA Change
FY2025 41.0× (68.82%)
FY2024 132× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.0× —
FY2020 0.0× —
FY2019 0.0× —

Quarterly newest first

Period EV/EBITDA Change
Jun 2026 24.8× (7.88%)
Mar 2026 26.9× (34.38%)
Dec 2025 41.0× (16.86%)
Sep 2025 49.4× (30.02%)
21 more quarters

Against its own ten years

Low 0.0× High 474×
Ten-year median 0.0×
Current reading's percentile 70

EV/EBITDA against peers

Company EV/EBITDA
RBRK Rubrik, Inc. compare n/m
KSPI Joint Stock Company Kaspi.kz Sponsored ADR compare n/m
GEN Gen Digital Inc. compare 9.4×
GDDY GoDaddy Inc. compare 12.0×
CHKP Check Point Software Technologies Ltd. compare 16.4×
FFIV F5, Inc. compare 20.4×
TOST Toast, Inc. 30.7×
NTNX Nutanix compare 46.9×
IOT Samsara Inc. compare 473×
Software Infrastructure industry median 15.0×
Technology sector median 15.3×
Market median 11.2×

What EV/EBITDA is

Enterprise Value over EBITDA tells an investor how the market values a whole company, with debt added and cash taken off, against its operating earnings.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ EBITDA (TTM)

The full definition of EV/EBITDA →

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