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
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%