Toast (TOST) Accumulated Expenses (2020 - 2026)
Toast (TOST) recorded Accumulated Expenses of $987 million in Q2 2026, up 25.7% from $785 million a year earlier and up 7.2% from the prior quarter.
Analysis
Toast (TOST) Accumulated Expenses (2020 - 2026) Analysis & Trends
At the end of FY2025, Toast reported Accumulated Expenses of $854 million, up 19.4% from FY2024.
- Annual Accumulated Expenses has increased for five straight years, with a five-year compound annual growth rate of 68.4% (FY2020 to FY2025).
- Across earlier years, Accumulated Expenses came in at $715 million in FY2024 (+20.8%), $592 million in FY2023 (+38.6%), $427 million in FY2022 (+73.6%) and $246 million in FY2021 (+290.5%).
- The Q2 2026 figure is the highest quarterly Accumulated Expenses in data going back to Q4 2020.
- On a year-over-year basis, Accumulated Expenses has increased for 16 consecutive quarters, with growth averaging 23.3% over the last eight quarters.
- Across the past five years, year-over-year growth in Accumulated Expenses ran from 19.4% in Q4 2025 to 290.5% in Q4 2021.
- Per Business Quant, the preceding three quarters came in at $921 million (Q1 2026), $854 million (Q4 2025) and $798 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 987.00 Mn |
| Mar 31, 2026 | 921.00 Mn |
| Dec 31, 2025 | 854.00 Mn |
| Sep 30, 2025 | 798.00 Mn |
| Jun 30, 2025 | 785.00 Mn |
| Mar 31, 2025 | 738.00 Mn |
| Dec 31, 2024 | 715.00 Mn |
| Sep 30, 2024 | 656.00 Mn |
| Jun 30, 2024 | 641.00 Mn |
| Mar 31, 2024 | 614.00 Mn |
| Dec 31, 2023 | 592.00 Mn |
| Sep 30, 2023 | 499.00 Mn |
| Jun 30, 2023 | 493.00 Mn |
| Mar 31, 2023 | 444.00 Mn |
| Dec 31, 2022 | 427.00 Mn |
| Sep 30, 2022 | 376.00 Mn |
| Jun 30, 2022 | 363.00 Mn |
| Mar 31, 2022 | 315.00 Mn |
| Dec 31, 2021 | 246.00 Mn |
| Sep 30, 2021 | 206.22 Mn |
API Access
Toast Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=TOST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "TOST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=TOST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();