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Toast (TOST) Research & Development (2021 - 2025)

Toast (TOST) has disclosed Research & Development for 5 consecutive years, with $97.0 million as the latest value for Q4 2025.

  • On a quarterly basis, Research & Development rose 4.3% to $97.0 million in Q4 2025 year-over-year; TTM through Dec 2025 was $374.0 million, a 6.25% increase, with the full-year FY2025 number at $374.0 million, up 6.55% from a year prior.
  • Research & Development was $97.0 million for Q4 2025 at Toast, down from $102.0 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $102.0 million in Q3 2025 to a low of $23.0 million in Q1 2021.
  • A 5-year average of $76.4 million and a median of $84.5 million in 2023 define the central range for Research & Development.
  • Peak YoY movement for Research & Development: soared 169.57% in 2022, then decreased 5.43% in 2024.
  • Toast's Research & Development stood at $50.0 million in 2021, then soared by 58.0% to $79.0 million in 2022, then increased by 18.99% to $94.0 million in 2023, then dropped by 1.06% to $93.0 million in 2024, then rose by 4.3% to $97.0 million in 2025.
  • Per Business Quant, the three most recent readings for TOST's Research & Development are $97.0 million (Q4 2025), $102.0 million (Q3 2025), and $91.0 million (Q2 2025).