Toast (TOST) FCF Margin (2020 - 2026)
Toast (TOST) posted quarterly FCF Margin of 7.06% for Q1 2026, up 189.0% year-over-year from 2.44% in Q1 2025, and down 35.27% quarter-over-quarter from 10.9% in Q4 2025.
Toast (TOST) FCF Margin (2020 - 2026) Analysis & Trends
Toast (TOST) has reported FCF Margin for 7 consecutive years, with 7.06% the latest figure, recorded in 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 slipped to 7.06% in Q1 2026 per TOST's latest filing, from 10.9% in the prior quarter.
- Across five years, FCF Margin topped out at 13.42% in Q2 2025 and bottomed at 10.24% in Q3 2022.
- Historically, FCF Margin has averaged 2.85% across 5 years, with a median of 5.16% in 2025.
- Annual changes were most pronounced in 2022 — FCF Margin plunged 1529 bps — and 2023, when it soared 1392 bps.
- Toast's FCF Margin stood at 5.08% in 2022, then soared by 254 bps to 7.82% in 2023, then rose by 28 bps to 10.01% in 2024, then advanced by 9 bps to 10.9% in 2025, then plunged by 35 bps to 7.06% in 2026.
- Business Quant data shows TOST's FCF Margin at 7.06% in Q1 2026, 10.9% in Q4 2025, and 9.37% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 21.82% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 62.08% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -9.76% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 26.25% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 47.15% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 9.71% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 32.19% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -223.03% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | -114.17% |
| 10 | Toast | 20.22 Bn | 18.51 Bn | 516.00 Mn | 6.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.81% |
| 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 | -5.08% |
| Sep 30, 2022 | -10.24% |
| Jun 30, 2022 | -3.56% |
| Mar 31, 2022 | -9.16% |
| Dec 31, 2021 | -8.59% |
| Sep 30, 2021 | -3.29% |