Toast (TOST) Operating Leases (2020 - 2026)

Toast (TOST) posted quarterly Operating Leases of $17.0 million for Q1 2026, down 22.73% YoY from $22.0 million in Q1 2025, and down 15.0% sequentially from $20.0 million in Q4 2025.

Toast (TOST) Operating Leases (2020 - 2026) Analysis & Trends

Toast has disclosed Operating Leases across 7 years of filings, most recently posting $17.0 million for 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 retreated to $17.0 million in Q1 2026, from $20.0 million in the prior quarter.
  • Over the last five years, Operating Leases for TOST reached as high as $81.0 million in Q3 2022 and fell as low as $17.0 million in Q1 2026.
  • The 5-year median for Operating Leases is $27.0 million (2024), against an average of $39.9 million.
  • Annual changes were most pronounced in 2023 — Operating Leases sank 72.84% — and 2024, when it gained 22.73%.
  • A 5-year view of Operating Leases shows it stood at $80.0 million in 2022, then tumbled by 58.75% to $33.0 million in 2023, then retreated by 27.27% to $24.0 million in 2024, then declined by 16.67% to $20.0 million in 2025, then declined by 15.0% to $17.0 million in 2026.
  • According to Business Quant data, Operating Leases over the past three periods registered $17.0 million, $20.0 million, and $18.0 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

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

Historic Data

Download Data
DateValue
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