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
+21.3%
EPS
+62.2%
Free cash flow
+18.3%

Quarter to September 2026, against a year earlier

35.18 0.02 +0.06%
Market cap
$20.4B
P/E
37.6×
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/Sales

Alert me on EV/Sales

As of 5 November 2026, Toast, Inc. (TOST) trades at a EV/Sales of 2.6×. Over the past ten years it has ranged from 1.8× (May 2026) to 10.8× (September 2021); the current reading is higher than 22% of that period. That is below the Software Infrastructure industry median of 2.9× and in line with the Technology sector median of 2.6×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 3.0× (20.59%)
FY2024 3.8× 74.13%
FY2023 2.2× (24.73%)
FY2022 2.9× (43.49%)
FY2021 5.2× (52.36%)
FY2020 10.8× 0.00%
FY2019 10.8× —

Quarterly newest first

Period EV/Sales Change
Sep 2026 2.1× (1.33%)
Jun 2026 2.1× (1.31%)
Mar 2026 2.1× (29.51%)
Dec 2025 3.0× (8.83%)
22 more quarters

Against its own ten years

Low 1.8× High 10.8×
Ten-year median 3.2×
Current reading's percentile 22

EV/Sales against peers

Company EV/Sales
KSPI Joint Stock Company Kaspi.kz Sponsored ADR compare 1.7×
TOST Toast, Inc. 2.6×
GPN Global Payments Inc. compare 4.2×
GEN Gen Digital Inc. compare 4.9×
FFIV F5, Inc. compare 5.1×
NTNX Nutanix compare 5.2×
MDB MongoDB, Inc. compare 8.8×
IOT Samsara Inc. compare 12.6×
RBRK Rubrik, Inc. compare 13.9×
Software Infrastructure industry median 2.9×
Technology sector median 2.6×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((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)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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