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| Date | Value |
|---|---|
| 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% |