Toast (TOST) Net Margin (2020 - 2026)
Toast (TOST) posted quarterly Net Margin of 7.73% for Q1 2026, up 354.0% year-over-year from 1.7% in Q1 2025, and up 24.98% quarter-over-quarter from 6.18% in Q4 2025.
Toast (TOST) Net Margin (2020 - 2026) Analysis & Trends
Toast (TOST) has reported Net Margin for 7 consecutive years, with 7.73% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin rose 354.0% year-over-year to 7.73%; the TTM figure through Mar 2026 stood at 6.39% (up 337.0% YoY), while the FY2025 annual figure was 5.56%, up 518.0% from the prior year.
- Net Margin climbed to 7.73% in Q1 2026 per TOST's latest filing, from 6.18% in the prior quarter.
- Across five years, Net Margin topped out at 7.73% in Q1 2026 and bottomed at 13.03% in Q3 2022.
- Historically, Net Margin has averaged 2.06% across 5 years, with a median of 3.0% in 2023.
- On a YoY basis, Net Margin climbed as much as 3923 bps in 2022 and fell as far as 1322 bps in 2022.
- Toast's Net Margin stood at 13.02% in 2022, then soared by 73 bps to 3.47% in 2023, then soared by 169 bps to 2.39% in 2024, then jumped by 159 bps to 6.18% in 2025, then climbed by 25 bps to 7.73% in 2026.
- Business Quant data shows TOST's Net Margin at 7.73% in Q1 2026, 6.18% in Q4 2025, and 6.43% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 36.78% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 55.08% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 30.88% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -5.90% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 29.55% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -24.42% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 2.69% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -24.31% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 1.32% |
| 10 | Toast | 20.22 Bn | 18.51 Bn | 516.00 Mn | 8.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.07% |
| Mar 31, 2026 | 7.73% |
| Dec 31, 2025 | 6.18% |
| Sep 30, 2025 | 6.43% |
| Jun 30, 2025 | 5.16% |
| Mar 31, 2025 | 4.19% |
| Dec 31, 2024 | 2.39% |
| Sep 30, 2024 | 4.29% |
| Jun 30, 2024 | 1.13% |
| Mar 31, 2024 | -7.72% |
| Dec 31, 2023 | -3.47% |
| Sep 30, 2023 | -3.00% |
| Jun 30, 2023 | -10.02% |
| Mar 31, 2023 | -9.89% |
| Dec 31, 2022 | -13.02% |
| Sep 30, 2022 | -13.03% |
| Jun 30, 2022 | -8.00% |
| Mar 31, 2022 | -4.30% |
| Dec 31, 2021 | 0.20% |
| Sep 30, 2021 | -52.26% |