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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.

  • Quarterly Research & Development rose 4.3% to $97.0 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $374.0 million through Dec 2025, up 6.25% year-over-year, with the annual reading at $374.0 million for FY2025, 6.55% up from the prior year.
  • Research & Development for Q4 2025 was $97.0 million at Toast, down from $102.0 million in the prior quarter.
  • The five-year high for Research & Development was $102.0 million in Q3 2025, with the low at $23.0 million in Q1 2021.
  • Average Research & Development over 5 years is $76.4 million, with a median of $84.5 million recorded in 2023.
  • The sharpest move saw Research & Development skyrocketed 169.57% in 2022, then fell 5.43% in 2024.
  • Over 5 years, Research & Development stood at $50.0 million in 2021, then skyrocketed by 58.0% to $79.0 million in 2022, then rose by 18.99% to $94.0 million in 2023, then decreased by 1.06% to $93.0 million in 2024, then grew by 4.3% to $97.0 million in 2025.
  • According to Business Quant data, Research & Development over the past three periods came in at $97.0 million, $102.0 million, and $91.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.