Toast (TOST) Invested Capital (2019 - 2026)

Toast (TOST) posted quarterly Invested Capital of $2.0 billion for Q1 2026, up 18.95% YoY from $1.7 billion in Q1 2025, and down 6.31% sequentially from $2.1 billion in Q4 2025.

Toast (TOST) Invested Capital (2019 - 2026) Analysis & Trends

Toast has disclosed Invested Capital across 8 years of filings, most recently posting $2.0 billion for Q1 2026.

  • In Q1 2026, Invested Capital rose 18.95% year-over-year to $2.0 billion; the TTM figure through Mar 2026 stood at $2.0 billion (up 18.95% YoY), while the FY2025 annual figure was $2.1 billion, up 37.48% from the prior year.
  • Invested Capital eased to $2.0 billion in Q1 2026, from $2.1 billion in the prior quarter.
  • Over the last five years, Invested Capital for TOST reached as high as $2.1 billion in Q4 2025 and fell as low as $1.1 billion in Q2 2023.
  • The 5-year median for Invested Capital is $1.2 billion (2024), against an average of $1.4 billion.
  • Annual changes were most pronounced in 2022 — Invested Capital soared 303.38% — and 2023, when it dropped 6.17%.
  • A 5-year view of Invested Capital shows it stood at $1.1 billion in 2022, then grew by 8.74% to $1.2 billion in 2023, then rose by 29.4% to $1.5 billion in 2024, then surged by 37.48% to $2.1 billion in 2025, then fell by 6.31% to $2.0 billion in 2026.
  • According to Business Quant data, Invested Capital over the past three periods registered $2.0 billion, $2.1 billion, and $2.0 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 423.21 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 43.06 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 8.45 Bn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 9.39 Bn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 4.43 Bn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 989.70 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 2.82 Bn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 40.59 Bn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn 28.97 Bn
10 Toast 16.87 Bn 15.10 Bn 447.00 Mn 1.99 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.99 Bn
Dec 31, 2025 2.12 Bn
Sep 30, 2025 2.01 Bn
Jun 30, 2025 1.82 Bn
Mar 31, 2025 1.67 Bn
Dec 31, 2024 1.55 Bn
Sep 30, 2024 1.42 Bn
Jun 30, 2024 1.28 Bn
Mar 31, 2024 1.20 Bn
Dec 31, 2023 1.19 Bn
Sep 30, 2023 1.15 Bn
Jun 30, 2023 1.08 Bn
Mar 31, 2023 1.10 Bn
Dec 31, 2022 1.10 Bn
Sep 30, 2022 1.12 Bn
Jun 30, 2022 1.15 Bn
Mar 31, 2022 1.14 Bn
Dec 31, 2021 1.09 Bn
Sep 30, 2021 1.01 Bn
Jun 30, 2021 -613.00 Mn