Toast (TOST) Change in Intangibles (2020 - 2023)
Toast (TOST) recorded Change in Intangibles of $10 million in Q3 2023, up 100.0% from $5 million a year earlier and up 11.1% from the prior quarter.
Toast (TOST) Change in Intangibles (2020 - 2023) Analysis & Trends
On a TTM basis, Toast's Change in Intangibles came in at $34 million as of Sep 30, 2023, up 209.1% year-over-year; for FY2022, it was $17 million, up 142.9% from FY2021.
- Annual Change in Intangibles has a three-year compound annual growth rate of 41.5% (FY2019 to FY2022).
- Across earlier years, Change in Intangibles came in at $7 million in FY2021 (-12.5%), $8 million in FY2020 (+33.3%) and $6 million in FY2019.
- The Q3 2023 figure is the highest quarterly Change in Intangibles in data going back to Q4 2020.
- On a year-over-year basis, Change in Intangibles has increased for six consecutive quarters, with growth averaging 211.3% over the last eight quarters.
- Peak year-over-year performance for Change in Intangibles in the last five years was growth of 700.0% in Q1 2023, against a decline of 50.0% in Q1 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at $9 million (Q2 2023), $8 million (Q1 2023) and $7 million (Q4 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Intangibless (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 44.24 Bn | 16.49 Bn | 695.95 Mn | 8.02 Mn |
| 3 | Samsara | 24.06 Bn | 20.83 Bn | 392.58 Mn | - |
| 4 | Toast | 17.18 Bn | 9.85 Bn | 516.00 Mn | - |
| 5 | Ptc | 15.95 Bn | 14.76 Bn | 490.47 Mn | - |
| 6 | Duolingo | 13.49 Bn | 8.67 Bn | 216.74 Mn | - |
| 7 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | - |
| 8 | Manhattan Associates | 11.90 Bn | 10.90 Bn | 168.33 Mn | - |
| 9 | Costar | 11.09 Bn | 5.06 Bn | 728.00 Mn | - |
| 10 | Bentley Systems | 9.73 Bn | 9.19 Bn | 336.74 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 10.00 Mn |
| Jun 30, 2023 | 9.00 Mn |
| Mar 31, 2023 | 8.00 Mn |
| Dec 31, 2022 | 7.00 Mn |
| Sep 30, 2022 | 5.00 Mn |
| Jun 30, 2022 | 4.00 Mn |
| Mar 31, 2022 | 1.00 Mn |
| Dec 31, 2021 | 1.00 Mn |
| Sep 30, 2021 | 2.00 Mn |
| Jun 30, 2021 | 2.00 Mn |
| Mar 31, 2021 | 2.00 Mn |
| Dec 31, 2020 | 1.52 Mn |
Toast Change in Intangibles 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=change-in-intangibles&ticker=TOST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-intangibles", "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=change-in-intangibles&ticker=TOST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();