Toast (TOST) Deferred Taxes (2021 - 2023)
Toast (TOST) posted quarterly Deferred Taxes of -$1.0 million for Q1 2023, up 90.0% quarter-over-quarter from -$10.0 million in Q4 2022.
Toast (TOST) Deferred Taxes (2021 - 2023) Analysis & Trends
Toast (TOST) has reported Deferred Taxes for 3 consecutive years, with -$1.0 million the latest figure, recorded in Q1 2023.
- In Q1 2023, Deferred Taxes changed N/A year-over-year to -$1.0 million; the TTM figure through Jun 2023 stood at -$6.0 million (up 14.29% YoY), while the FY2022 annual figure was -$5.0 million, down 66.67% from the prior year.
- Deferred Taxes grew to -$1.0 million in Q1 2023 per TOST's latest filing, from -$10.0 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $5.0 million in Q3 2022 and bottomed at -$10.0 million in Q4 2022.
- Historically, Deferred Taxes has averaged -$3.2 million across 3 years, with a median of -$4.0 million in 2021.
- On a YoY basis, Deferred Taxes climbed as much as 42.86% in 2022 and fell as far as 42.86% in 2022.
- Toast's Deferred Taxes stood at -$7.0 million in 2021, then plunged by 42.86% to -$10.0 million in 2022, then jumped by 90.0% to -$1.0 million in 2023.
- Business Quant data shows TOST's Deferred Taxes at -$1.0 million in Q1 2023, -$10.0 million in Q4 2022, and $5.0 million in Q3 2022.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 4.65 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -622.00 Mn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 24.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 14.60 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -6.21 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | -51.78 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 61.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 128.57 Mn |
| 10 | Toast | 20.22 Bn | 18.51 Bn | 516.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | -1.00 Mn |
| Dec 31, 2022 | -10.00 Mn |
| Sep 30, 2022 | 5.00 Mn |
| Dec 31, 2021 | -7.00 Mn |