Toast (TOST) Gross Margin (2020 - 2026)
Toast (TOST) reported Gross Margin of 27.42% for Q1 2026, up 154.0% year-over-year from 10.8% in Q1 2025, and up 5.87% quarter-over-quarter from 25.9% in Q4 2025.
Toast (TOST) Gross Margin (2020 - 2026) Analysis & Trends
Toast (TOST) has 7 years of Gross Margin data on file, last reported at 27.42% in Q1 2026.
- Gross Margin for Q1 2026 came in at 27.42%, up 154.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 26.28% (up 163.0% YoY), and the FY2025 annual result was 25.89%, up 190.0% from the prior year.
- Gross Margin advanced to 27.42% in Q1 2026 per TOST's latest filing, from 25.9% in the prior quarter.
- Over five years, Gross Margin peaked at 27.42% in Q1 2026 and troughed at 16.64% in Q1 2022.
- A 5-year average of 22.76% and a median of 23.03% in 2024 frame the typical range for Gross Margin.
- On a YoY basis, Gross Margin climbed as much as 632 bps in 2022 and fell as far as 783 bps in 2022.
- A 5-year view of Gross Margin shows it stood at 20.57% in 2022, then climbed by 6 bps to 21.81% in 2023, then gained by 14 bps to 24.89% in 2024, then increased by 4 bps to 25.9% in 2025, then increased by 6 bps to 27.42% in 2026.
- Business Quant data shows TOST's Gross Margin at 27.42% in Q1 2026, 25.9% in Q4 2025, and 26.45% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 67.63% |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | 61.73% |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 88.06% |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 86.78% |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 73.59% |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 76.12% |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 80.29% |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 73.54% |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 71.21% |
| 10 | Toast | 14.58 Bn | 12.81 Bn | 447.00 Mn | 27.42% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 27.42% |
| Dec 31, 2025 | 25.90% |
| Sep 30, 2025 | 26.45% |
| Jun 30, 2025 | 25.29% |
| Mar 31, 2025 | 25.88% |
| Dec 31, 2024 | 24.89% |
| Sep 30, 2024 | 24.67% |
| Jun 30, 2024 | 23.03% |
| Mar 31, 2024 | 23.16% |
| Dec 31, 2023 | 21.81% |
| Sep 30, 2023 | 21.90% |
| Jun 30, 2023 | 21.27% |
| Mar 31, 2023 | 21.25% |
| Dec 31, 2022 | 20.57% |
| Sep 30, 2022 | 20.08% |
| Jun 30, 2022 | 16.74% |
| Mar 31, 2022 | 16.64% |
| Dec 31, 2021 | 14.26% |
| Sep 30, 2021 | 17.08% |
| Jun 30, 2021 | 20.89% |