Toast TOST
NYSE TOST
$33.21 -0.74 (-2.19%)
As of: Sep 8, 2026 · 3:26 PM EDT

Toast (TOST) Cost of Revenue (2020 - 2026)

Toast's (TOST) quarterly Cost of Revenue came in at $1.4 billion in Q2 2026, up 20.21% year-over-year from $1.2 billion in Q2 2025, and up 17.67% quarter-over-quarter from $1.2 billion in Q1 2026.

Analysis

Toast (TOST) Cost of Revenue (2020 - 2026) Analysis & Trends

Toast (TOST) has reported Cost of Revenue for 7 consecutive years, with $1.4 billion the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Cost of Revenue rose 20.21% year-over-year to $1.4 billion in Q2 2026; TTM through Jun 2026 was $5.0 billion, a 20.52% increase from a year earlier, with the FY2025 full-year figure at $4.6 billion, up 20.95% from the prior year.
  • Cost of Revenue was $1.4 billion for Q2 2026 at Toast, up from $1.2 billion in the prior quarter.
  • Over five years, Cost of Revenue peaked at $1.4 billion in Q2 2026 and troughed at $446.0 million in Q1 2022.
  • A 5-year average of $897.5 million and a median of $891.0 million in 2024 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue surged 109.39% in 2022 and gained 19.37% in 2026, its largest moves.
  • Over 5 years, Cost of Revenue stood at $610.0 million in 2022, then jumped by 32.79% to $810.0 million in 2023, then advanced by 24.07% to $1.0 billion in 2024, then grew by 20.4% to $1.2 billion in 2025, then rose by 15.04% to $1.4 billion in 2026.
  • The last three Cost of Revenue figures came in at $1.4 billion (Q2 2026), $1.2 billion (Q1 2026), and $1.2 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Toast 19.19 Bn 17.48 Bn 516.00 Mn 1.39 Bn
2 Agilysys 3.05 Bn 2.93 Bn 55.66 Mn 32.02 Mn
3 Diebold Nixdorf 2.30 Bn 2.02 Bn 239.60 Mn 691.20 Mn
4 Lightspeed Commerce 1.42 Bn 1.05 Bn 138.56 Mn 184.15 Mn
5 NCR Voyix 1.17 Bn 914.10 Mn 177.00 Mn 346.00 Mn
6 Par Technology 747.19 Mn 669.24 Mn 56.58 Mn 76.83 Mn
7 A2Z Cust2Mate Solutions 225.45 Mn 210.67 Mn 2.51 Mn 3.39 Mn
8 Transact Technologies 54.43 Mn 35.04 Mn 7.00 Mn 6.95 Mn
9 Table Trac 27.71 Mn 19.55 Mn 2.96 Mn 1.28 Mn
10 J & Friends Holdings 15.30 Mn 14.32 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.39 Bn
Mar 31, 2026 1.18 Bn
Dec 31, 2025 1.21 Bn
Sep 30, 2025 1.20 Bn
Jun 30, 2025 1.16 Bn
Mar 31, 2025 991.00 Mn
Dec 31, 2024 1.01 Bn
Sep 30, 2024 983.00 Mn
Jun 30, 2024 956.00 Mn
Mar 31, 2024 826.00 Mn
Dec 31, 2023 810.00 Mn
Sep 30, 2023 806.00 Mn
Jun 30, 2023 770.00 Mn
Mar 31, 2023 645.00 Mn
Dec 31, 2022 610.00 Mn
Sep 30, 2022 601.00 Mn
Jun 30, 2022 562.00 Mn
Mar 31, 2022 446.00 Mn
Dec 31, 2021 439.00 Mn
Sep 30, 2021 403.00 Mn