Toast (TOST) Shares Outstanding (Diluted) (2019 - 2026)
Toast (TOST) recorded Shares Outstanding (Diluted) of 590 million in Q2 2026, down 2.5% from 605 million a year earlier and down 2.0% from the prior quarter.
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Analysis
Toast (TOST) Shares Outstanding (Diluted) (2019 - 2026) Analysis & Trends
For FY2025, Toast reported Shares Outstanding (Diluted) of 607 million, up 2.7% from FY2024.
- Annual Shares Outstanding (Diluted) has increased for six straight years, with a five-year compound annual growth rate of 24.9% (FY2020 to FY2025).
- Across earlier years, Shares Outstanding (Diluted) came in at 591 million in FY2024 (+10.9%), 533 million in FY2023 (+4.1%), 512.24 million in FY2022 (+76.9%) and 289.58 million in FY2021 (+44.8%).
- Quarterly Shares Outstanding (Diluted) has ranged from 239.36 million in Q3 2021 to 609 million in Q3 2025 over the past five years.
- On a year-over-year basis, Shares Outstanding (Diluted) rose in six of the last eight quarters, with growth averaging 4.7%.
- Peak year-over-year performance for Shares Outstanding (Diluted) in the last five years was growth of 146.9% in Q1 2022, against a decline of 2.5% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 602 million (Q1 2026), 607 million (Q4 2025) and 609 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Dil.) (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 165.06 Mn |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 590.46 Mn |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 590.00 Mn |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 114.98 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 | 50.03 Mn |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 59.00 Mn |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 404.40 Mn |
| 10 | Bentley Systems | 9.44 Bn | 8.90 Bn | 336.74 Mn | 318.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 590.00 Mn |
| Mar 31, 2026 | 602.00 Mn |
| Dec 31, 2025 | 607.00 Mn |
| Sep 30, 2025 | 609.00 Mn |
| Jun 30, 2025 | 605.00 Mn |
| Mar 31, 2025 | 603.00 Mn |
| Dec 31, 2024 | 591.00 Mn |
| Sep 30, 2024 | 590.00 Mn |
| Jun 30, 2024 | 587.00 Mn |
| Mar 31, 2024 | 547.00 Mn |
| Dec 31, 2023 | 533.00 Mn |
| Sep 30, 2023 | 536.53 Mn |
| Jun 30, 2023 | 529.23 Mn |
| Mar 31, 2023 | 524.88 Mn |
| Dec 31, 2022 | 512.24 Mn |
| Sep 30, 2022 | 513.72 Mn |
| Jun 30, 2022 | 509.53 Mn |
| Mar 31, 2022 | 507.04 Mn |
| Dec 31, 2021 | 289.58 Mn |
| Sep 30, 2021 | 239.36 Mn |
API Access
Toast Shares Outstanding (Diluted) 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-diluted&ticker=TOST&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-diluted", "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-diluted&ticker=TOST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();