Toast (TOST) FCF Margin (2020 - 2026)

Toast (TOST) posted quarterly FCF Margin of 7.06% for Q1 2026, up 189.0% YoY from 2.44% in Q1 2025, and down 35.27% sequentially from 10.9% in Q4 2025.

Toast (TOST) FCF Margin (2020 - 2026) Analysis & Trends

Toast has disclosed FCF Margin across 7 years of filings, most recently posting 7.06% for Q1 2026.

  • In Q1 2026, FCF Margin rose 189.0% year-over-year to 7.06%; the TTM figure through Mar 2026 stood at 10.15% (up 233.0% YoY), while the FY2025 annual figure was 9.88%, up 371.0% from the prior year.
  • FCF Margin retreated to 7.06% in Q1 2026, from 10.9% in the prior quarter.
  • Over the last five years, FCF Margin for TOST reached as high as 13.42% in Q2 2025 and fell as low as 9.84% in Q3 2022.
  • The 5-year median for FCF Margin is 5.16% (2025), against an average of 2.85%.
  • Annual changes were most pronounced in 2022 — FCF Margin slumped 1623 bps — and 2023, when it jumped 1352 bps.
  • A 5-year view of FCF Margin shows it stood at 5.47% in 2022, then jumped by 243 bps to 7.82% in 2023, then increased by 28 bps to 10.01% in 2024, then gained by 9 bps to 10.9% in 2025, then sank by 35 bps to 7.06% in 2026.
  • According to Business Quant data, FCF Margin over the past three periods registered 7.06%, 10.9%, and 9.37% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 19.07%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 72.18%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 54.62%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 14.80%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 30.29%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 55.21%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 14.55%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 34.10%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 15.44%
10 Toast 16.87 Bn 15.10 Bn 447.00 Mn 7.06%

Historic Data

Download Data
DateValue
Mar 31, 2026 7.06%
Dec 31, 2025 10.90%
Sep 30, 2025 9.37%
Jun 30, 2025 13.42%
Mar 31, 2025 5.16%
Dec 31, 2024 10.01%
Sep 30, 2024 7.43%
Jun 30, 2024 8.70%
Mar 31, 2024 -3.07%
Dec 31, 2023 7.82%
Sep 30, 2023 3.68%
Jun 30, 2023 3.99%
Mar 31, 2023 -7.94%
Dec 31, 2022 -5.47%
Sep 30, 2022 -9.84%
Jun 30, 2022 -3.56%
Mar 31, 2022 -9.16%
Dec 31, 2021 -8.59%
Sep 30, 2021 -4.12%
Jun 30, 2021 12.68%