Toast (TOST) Gross Margin (2020 - 2026)

Toast's (TOST) quarterly Gross Margin came in at 27.42% in Q1 2026, up 154.0% year-on-year from 10.8% in Q1 2025, and up 5.87% on a QoQ basis 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.

  • On a quarterly basis, Gross Margin rose 154.0% year-over-year to 27.42% in Q1 2026; TTM through Mar 2026 was 26.28%, a 163.0% increase from a year earlier, with the FY2025 full-year figure at 25.89%, up 190.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 27.42%, up from 25.9% in the prior quarter.
  • Over the last five years, Gross Margin for TOST reached as high as 27.42% in Q1 2026 and fell as low as 16.64% in Q1 2022.
  • Historically, Gross Margin has averaged 22.76% across 5 years, with a median of 23.03% in 2024.
  • On a YoY basis, Gross Margin climbed as much as 632 bps in 2022 and fell as far as 783 bps in 2022.
  • Year by year, Gross Margin stood at 20.57% in 2022, then rose by 6 bps to 21.81% in 2023, then grew by 14 bps to 24.89% in 2024, then advanced by 4 bps to 25.9% in 2025, then advanced by 6 bps to 27.42% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 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 2,921.46 Bn 2,797.02 Bn 56.06 Bn 67.63%
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 37.74%
3 Oracle 344.13 Bn 312.24 Bn - -
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 86.78%
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 73.59%
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 76.12%
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 80.29%
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 71.21%
10 Toast 18.99 Bn 17.22 Bn 447.00 Mn 27.42%

Historic Data

Download Data
DateValue
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%