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. In the quarter to June 2026, revenue grew 23.1%, EPS grew 92.9% and free cash flow fell 37.5%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three.
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Toast, Inc. (TOST) EV/Sales
As of 16 October 2026, Toast, Inc. (TOST) trades at a EV/Sales of 2.4×. Over the past ten years it has ranged from 1.8× (May 2026) to 10.8× (September 2021); the current reading is higher than 18% of that period. That is below the Software Infrastructure industry median of 2.9× and below the Technology sector median of 2.7×.
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 |
|---|---|---|
| Jun 2026 | 2.1× | (1.31%) |
| Mar 2026 | 2.1× | (29.51%) |
| Dec 2025 | 3.0× | (8.83%) |
| Sep 2025 | 3.3× | (23.25%) |
| 21 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| KSPI Joint Stock Company Kaspi.kz Sponsored ADR compare | 1.7× |
| TOST Toast, Inc. | 2.4× |
| GDDY GoDaddy Inc. compare | 3.2× |
| GPN Global Payments Inc. compare | 3.9× |
| GEN Gen Digital Inc. compare | 4.3× |
| CHKP Check Point Software Technologies Ltd. compare | 5.0× |
| NTNX Nutanix compare | 5.9× |
| IOT Samsara Inc. compare | 12.0× |
| RBRK Rubrik, Inc. compare | 14.6× |
| Software Infrastructure industry median | 2.9× |
| Technology sector median | 2.7× |
| 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)