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| 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 | -5.08% |
| 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% |