Growth Metrics

Toast (TOST) Cost of Revenue (2021 - 2025)

Toast (TOST) has disclosed Cost of Revenue for 5 consecutive years, with -$2.8 billion as the latest value for Q4 2025.

  • Quarterly Cost of Revenue fell 181.02% to -$2.8 billion in Q4 2025 from the year-ago period, while the trailing twelve-month figure was -$446.0 million through Dec 2025, down 111.83% year-over-year, with the annual reading at $571.0 million for FY2025, 84.85% down from the prior year.
  • Cost of Revenue for Q4 2025 was -$2.8 billion at Toast, down from $1.2 billion in the prior quarter.
  • The five-year high for Cost of Revenue was $3.4 billion in Q4 2024, with the low at -$2.8 billion in Q4 2025.
  • Average Cost of Revenue over 5 years is $430.3 million, with a median of $424.5 million recorded in 2021.
  • The sharpest move saw Cost of Revenue surged 1293.75% in 2022, then tumbled 181.02% in 2025.
  • Over 5 years, Cost of Revenue stood at -$762.0 million in 2021, then tumbled by 69.42% to -$1.3 billion in 2022, then soared by 311.62% to $2.7 billion in 2023, then grew by 25.55% to $3.4 billion in 2024, then crashed by 181.02% to -$2.8 billion in 2025.
  • According to Business Quant data, Cost of Revenue over the past three periods came in at -$2.8 billion, $1.2 billion, and $141.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.