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| Date | Value |
|---|---|
| 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% |