Toast (TOST) FCF Margin (2020 - 2026)

Toast's (TOST) quarterly FCF Margin came in at 7.06% in Q1 2026, up 189.0% year-on-year from 2.44% in Q1 2025, and down 35.27% on a QoQ basis from 10.9% in Q4 2025.

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

Toast (TOST) has 7 years of FCF Margin data on file, last reported at 7.06% in Q1 2026.

  • On a quarterly basis, FCF Margin rose 189.0% year-over-year to 7.06% in Q1 2026; TTM through Mar 2026 was 10.15%, a 233.0% increase from a year earlier, with the FY2025 full-year figure at 9.88%, up 371.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 7.06%, down 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 10.24% in Q3 2022.
  • Historically, FCF Margin has averaged 2.85% across 5 years, with a median of 5.16% in 2025.
  • Across the five-year window, FCF Margin slumped 1529 bps in 2022 and jumped 1392 bps in 2023, its largest moves.
  • Year by year, FCF Margin stood at 5.08% in 2022, then surged by 254 bps to 7.82% in 2023, then advanced by 28 bps to 10.01% in 2024, then grew by 9 bps to 10.9% in 2025, then plunged by 35 bps to 7.06% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 7.06% in Q1 2026, 10.9% in Q4 2025, and 9.37% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Microsoft 2,895.32 Bn 2,770.88 Bn 56.06 Bn 55.19%
2 PagSeguro Digital 2,672.75 Bn 2,672.75 Bn 358.92 Mn 23.47%
3 Repay Holdings 344.36 Bn 344.21 Bn - -
4 Oracle 339.20 Bn 307.30 Bn - -9.76%
5 Palantir Technologies 296.91 Bn 288.89 Bn 1.42 Bn 54.62%
6 Palo Alto Networks 225.55 Bn 221.01 Bn 1.91 Bn 14.80%
7 CrowdStrike Holdings 185.68 Bn 182.58 Bn 993.68 Mn 48.17%
8 Fortinet 109.83 Bn 106.54 Bn 1.49 Bn 55.21%
9 Cloudflare 95.19 Bn 94.25 Bn 455.60 Mn 25.75%
10 Toast 18.97 Bn 17.20 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 -5.08%
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%
Jun 30, 2021 11.74%