Toast (TOST) Shares Outstanding (2019 - 2026)
Toast's Shares Outstanding was 578 million in Q2 2026, down 0.3% from 580 million a year earlier and down 1.5% from the prior quarter.
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Analysis
Toast (TOST) Shares Outstanding (2019 - 2026) Analysis & Trends
For FY2025, Shares Outstanding at Toast came in at 582 million, up 4.1% from FY2024.
- Shares Outstanding has now increased for six consecutive years, with a five-year compound annual growth rate of 23.8% (FY2020 to FY2025).
- In earlier years, Shares Outstanding was 559 million in FY2024 (+5.1%), 532 million in FY2023 (+4.0%), 511.75 million in FY2022 (+76.7%) and 289.58 million in FY2021 (+44.8%).
- The Q2 2026 figure marks the lowest quarterly Shares Outstanding since Q1 2025.
- Compared with a year earlier, Shares Outstanding was higher in seven of the last eight quarters, with growth averaging 3.7%.
- The best year-over-year quarter for Shares Outstanding over five years was Q1 2022 (growth of 146.1%); the worst was Q2 2026 (a decline of 0.3%).
- Per Business Quant data, TOST's Shares Outstanding in the three quarters before Q2 2026 was 587 million (Q1 2026), 582 million (Q4 2025) and 585 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | 450.00 Mn |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 162.34 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 584.14 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 578.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 114.68 Mn |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 233.00 Mn |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 46.70 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 58.76 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 404.10 Mn |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn | 311.78 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 578.00 Mn |
| Mar 31, 2026 | 587.00 Mn |
| Dec 31, 2025 | 582.00 Mn |
| Sep 30, 2025 | 585.00 Mn |
| Jun 30, 2025 | 580.00 Mn |
| Mar 31, 2025 | 575.00 Mn |
| Dec 31, 2024 | 559.00 Mn |
| Sep 30, 2024 | 563.00 Mn |
| Jun 30, 2024 | 556.00 Mn |
| Mar 31, 2024 | 547.00 Mn |
| Dec 31, 2023 | 532.00 Mn |
| Sep 30, 2023 | 535.22 Mn |
| Jun 30, 2023 | 529.23 Mn |
| Mar 31, 2023 | 524.10 Mn |
| Dec 31, 2022 | 511.75 Mn |
| Sep 30, 2022 | 513.72 Mn |
| Jun 30, 2022 | 509.53 Mn |
| Mar 31, 2022 | 505.38 Mn |
| Dec 31, 2021 | 289.58 Mn |
| Sep 30, 2021 | 239.36 Mn |
API Access
Toast Shares Outstanding API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=shares-outstanding&ticker=TOST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding", "ticker": "TOST", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=shares-outstanding&ticker=TOST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();