Toast (TOST) Research & Development (2020 - 2026)

Toast (TOST) has reported Research & Development for 7 consecutive years, with $166.0 million the latest figure, recorded in Q2 2026.

• On a quarterly basis, Research & Development rose 17.73% year-over-year to $166.0 million in Q2 2026; TTM through Jun 2026 was $619.0 million, a 18.36% increase from a year earlier, with the FY2025 full-year figure at $571.0 million, up 21.49% from the prior year.
• Research & Development was $166.0 million for Q2 2026 at Toast, up from $156.0 million in the prior quarter.
• Over five years, Research & Development peaked at $166.0 million in Q2 2026 and troughed at $71.0 million in Q1 2022.
• A 5-year average of $115.8 million and a median of $111.0 million in 2024 frame the typical range for Research & Development.
• Across the five-year window, Research & Development soared 121.88% in 2022 and advanced 8.08% in 2024, its largest moves.
• Over 5 years, Research & Development stood at $87.0 million in 2022, then advanced by 17.24% to $102.0 million in 2023, then climbed by 27.45% to $130.0 million in 2024, then gained by 17.69% to $153.0 million in 2025, then advanced by 8.5% to $166.0 million in 2026.
• The last three Research & Development figures came in at $166.0 million (Q2 2026), $156.0 million (Q1 2026), and $153.0 million (Q4 2025), per Business Quant data.