Toast (TOST) Net Margin (2020 - 2026)

Toast (TOST) posted quarterly Net Margin of 7.73% for Q1 2026, up 354.0% YoY from 1.7% in Q1 2025, and up 24.98% sequentially from 6.18% in Q4 2025.

Toast (TOST) Net Margin (2020 - 2026) Analysis & Trends

Toast has disclosed Net Margin across 7 years of filings, most recently posting 7.73% for 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 advanced to 7.73% in Q1 2026, from 6.18% in the prior quarter.
  • Over the last five years, Net Margin for TOST reached as high as 7.73% in Q1 2026 and fell as low as 13.03% in Q3 2022.
  • The 5-year median for Net Margin is 3.0% (2023), against an average of 2.06%.
  • The widest YoY moves for Net Margin: up 3923 bps in 2022, down 1322 bps in 2022.
  • A 5-year view of Net Margin shows it stood at 13.02% in 2022, then surged by 73 bps to 3.47% in 2023, then surged by 169 bps to 2.39% in 2024, then soared by 159 bps to 6.18% in 2025, then advanced by 25 bps to 7.73% in 2026.
  • According to Business Quant data, Net Margin over the past three periods registered 7.73%, 6.18%, and 6.43% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 38.34%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 22.44%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 53.68%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 16.65%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 4.71%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 28.90%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -3.58%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 2.69%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -5.10%
10 Toast 16.87 Bn 15.10 Bn 447.00 Mn 7.73%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 -31.69%