Toast (TOST) Free Cash Flow (2020 - 2026)
Toast (TOST) recorded Free Cash Flow of $130 million in Q2 2026, down 37.5% from $208 million a year earlier but up 13.0% from the prior quarter.
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Analysis
Toast (TOST) Free Cash Flow (2020 - 2026) Analysis & Trends
On a TTM basis, Toast's Free Cash Flow came in at $576 million as of Jun 30, 2026, up 13.4% year-over-year; for FY2025, it was $608 million, up 98.7% from FY2024.
- Across earlier years, Free Cash Flow came in at $306 million in FY2024 (+229.0%), $93 million in FY2023, -$189 million in FY2022 and -$17 million in FY2021.
- Quarterly Free Cash Flow has ranged from -$75 million in Q3 2022 to $208 million in Q2 2025 over the past five years.
- On a year-over-year basis, Free Cash Flow rose in six of the last seven quarters, with growth averaging 61.9%.
- Peak year-over-year performance for Free Cash Flow in the last five years was growth of 176.9% in Q2 2024, against a decline of 37.5% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $115 million (Q1 2026), $178 million (Q4 2025) and $153 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | -127,466.00 |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 238.71 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 64.74 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 130.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 249.35 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 233.20 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 81.36 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 89.68 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 77.00 Mn |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn | 63.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 130.00 Mn |
| Mar 31, 2026 | 115.00 Mn |
| Dec 31, 2025 | 178.00 Mn |
| Sep 30, 2025 | 153.00 Mn |
| Jun 30, 2025 | 208.00 Mn |
| Mar 31, 2025 | 69.00 Mn |
| Dec 31, 2024 | 134.00 Mn |
| Sep 30, 2024 | 97.00 Mn |
| Jun 30, 2024 | 108.00 Mn |
| Mar 31, 2024 | -33.00 Mn |
| Dec 31, 2023 | 81.00 Mn |
| Sep 30, 2023 | 38.00 Mn |
| Jun 30, 2023 | 39.00 Mn |
| Mar 31, 2023 | -65.00 Mn |
| Dec 31, 2022 | -39.00 Mn |
| Sep 30, 2022 | -75.00 Mn |
| Jun 30, 2022 | -26.00 Mn |
| Mar 31, 2022 | -49.00 Mn |
| Dec 31, 2021 | -40.00 Mn |
| Sep 30, 2021 | -20.00 Mn |
API Access
Toast Free Cash Flow 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=free-cash-flow&ticker=TOST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=TOST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();