Toast (TOST) Operating Leases (2020 - 2026)
Toast (TOST) posted quarterly Operating Leases of $17.0 million for Q1 2026, down 22.73% year-over-year from $22.0 million in Q1 2025, and down 15.0% quarter-over-quarter from $20.0 million in Q4 2025.
Toast (TOST) Operating Leases (2020 - 2026) Analysis & Trends
Toast (TOST) has reported Operating Leases for 7 consecutive years, with $17.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases fell 22.73% year-over-year to $17.0 million; the TTM figure through Mar 2026 stood at $17.0 million (down 22.73% YoY), while the FY2025 annual figure was $20.0 million, down 16.67% from the prior year.
- Operating Leases slipped to $17.0 million in Q1 2026 per TOST's latest filing, from $20.0 million in the prior quarter.
- Across five years, Operating Leases topped out at $81.0 million in Q3 2022 and bottomed at $17.0 million in Q1 2026.
- Historically, Operating Leases has averaged $39.9 million across 5 years, with a median of $27.0 million in 2024.
- Annual changes were most pronounced in 2023 — Operating Leases tumbled 72.84% — and 2024, when it gained 22.73%.
- Toast's Operating Leases stood at $80.0 million in 2022, then slumped by 58.75% to $33.0 million in 2023, then decreased by 27.27% to $24.0 million in 2024, then fell by 16.67% to $20.0 million in 2025, then fell by 15.0% to $17.0 million in 2026.
- Business Quant data shows TOST's Operating Leases at $17.0 million in Q1 2026, $20.0 million in Q4 2025, and $18.0 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Toast | 20.22 Bn | 18.51 Bn | 516.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.00 Mn |
| Dec 31, 2025 | 20.00 Mn |
| Sep 30, 2025 | 18.00 Mn |
| Jun 30, 2025 | 19.00 Mn |
| Mar 31, 2025 | 22.00 Mn |
| Dec 31, 2024 | 24.00 Mn |
| Sep 30, 2024 | 27.00 Mn |
| Jun 30, 2024 | 29.00 Mn |
| Mar 31, 2024 | 30.00 Mn |
| Dec 31, 2023 | 33.00 Mn |
| Sep 30, 2023 | 22.00 Mn |
| Jun 30, 2023 | 25.00 Mn |
| Mar 31, 2023 | 77.00 Mn |
| Dec 31, 2022 | 80.00 Mn |
| Sep 30, 2022 | 81.00 Mn |
| Jun 30, 2022 | 78.00 Mn |
| Mar 31, 2022 | 77.00 Mn |
| Dec 31, 2021 | 77.00 Mn |
| Dec 31, 2020 | 115.00 Mn |