Toast (TOST) Enterprise Value (2021 - 2026)
Toast (TOST) reported Enterprise Value of $14.34 billion for Q2 2026, down 40.3% from $24.03 billion a year earlier but up 5.4% from the prior quarter.
Toast (TOST) Enterprise Value (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Toast's Enterprise Value came in at $8.72 billion, down 56.1% year-over-year; for FY2025, it was $18.92 billion, down 2.6% from FY2024.
- Enterprise Value has a four-year compound annual growth rate of 3.7% (FY2021 to FY2025).
- By year, Enterprise Value came in at $19.43 billion in FY2024 (+121.0%), $8.79 billion in FY2023 (+4.5%), $8.41 billion in FY2022 (-48.5%) and $16.34 billion in FY2021.
- Five-year quarterly Enterprise Value spans a low of $5.41 billion in Q2 2022 and a high of $24.03 billion in Q2 2025.
- Year over year, Enterprise Value has now declined in each of the last three quarters, with growth averaging 34.0% over the last eight quarters.
- The high point for year-over-year Enterprise Value in five years was Q4 2024 (growth of 121.0%); the low point was Q3 2022 (a decline of 68.1%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $13.61 billion (Q1 2026), $18.92 billion (Q4 2025) and $19.57 billion (Q3 2025).
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
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.34 Bn |
| Mar 31, 2026 | 13.61 Bn |
| Dec 31, 2025 | 18.92 Bn |
| Sep 30, 2025 | 19.57 Bn |
| Jun 30, 2025 | 24.03 Bn |
| Mar 31, 2025 | 17.65 Bn |
| Dec 31, 2024 | 19.43 Bn |
| Sep 30, 2024 | 14.72 Bn |
| Jun 30, 2024 | 13.21 Bn |
| Mar 31, 2024 | 12.64 Bn |
| Dec 31, 2023 | 8.79 Bn |
| Sep 30, 2023 | 9.06 Bn |
| Jun 30, 2023 | 11.04 Bn |
| Mar 31, 2023 | 8.43 Bn |
| Dec 31, 2022 | 8.41 Bn |
| Sep 30, 2022 | 7.62 Bn |
| Jun 30, 2022 | 5.41 Bn |
| Mar 31, 2022 | 9.77 Bn |
| Dec 31, 2021 | 16.34 Bn |
| Sep 30, 2021 | 23.89 Bn |
Toast Enterprise Value 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=enterprise-value&ticker=TOST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "enterprise-value", "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=enterprise-value&ticker=TOST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();