Toast (TOST) FCF Margin (2020 - 2026)
Toast (TOST) reported FCF Margin of 6.81% for Q2 2026, down 6.61 percentage points from 13.42% a year earlier and down 0.24 percentage points from the prior quarter.
Toast (TOST) FCF Margin (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Toast's FCF Margin came in at 8.47%, down 0.72 percentage points year-over-year; for FY2025, it was 9.88%, up 3.71 percentage points from FY2024.
- FCF Margin has increased for three consecutive years, with a five-year change of +28.47 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 6.17% in FY2024 (+3.76 pp), 2.41% in FY2023 (+9.33 pp), -6.92% in FY2022 (-5.92 pp) and -1.00% in FY2021 (+17.59 pp).
- The Q2 2026 figure ranks as the lowest quarterly FCF Margin since Q1 2025.
- Year over year, FCF Margin gained in seven of the last eight quarters, with an average year-over-year change of +2.13 percentage points.
- The high point for year-over-year FCF Margin in five years was Q3 2023 (a gain of 13.66 percentage points); the low point was Q2 2022 (a drop of 16.53 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 7.06% (Q1 2026), 10.90% (Q4 2025) and 9.37% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 25.72% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 12.73% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 6.81% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 41.55% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 23.99% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 27.26% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 30.11% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 8.32% |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn | 15.53% |
Historic 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 | -9.97% |
| Jun 30, 2022 | -3.85% |
| Mar 31, 2022 | -9.16% |
| Dec 31, 2021 | -7.81% |
| Sep 30, 2021 | -4.12% |
Toast FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=TOST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "TOST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=TOST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();