Toast (TOST) Tax Rate (2020 - 2026)
Toast (TOST) posted quarterly Tax Rate of 3.82% for Q1 2026, up 37.0% YoY from 2.79% in Q1 2025, and up 496.95% sequentially from 0.96% in Q3 2025.
Toast (TOST) Tax Rate (2020 - 2026) Analysis & Trends
Toast has disclosed Tax Rate across 7 years of filings, most recently posting 3.82% for Q1 2026.
- In Q1 2026, Tax Rate rose 37.0% year-over-year to 3.82%; the TTM figure through Mar 2026 stood at 1.67% (down 19.0% YoY), while the FY2025 annual figure was 1.16%, down 1248.0% from the prior year.
- Tax Rate climbed to 3.82% in Q1 2026, from 0.96% in the prior quarter.
- Over the last five years, Tax Rate for TOST reached as high as 3.92% in Q3 2022 and fell as low as 2.86% in Q4 2023.
- The 5-year median for Tax Rate is 0.4% (2025), against an average of 0.84%.
- Annual changes were most pronounced in 2022 — Tax Rate plunged 5204 bps — and 2025, when it jumped 467 bps.
- A 5-year view of Tax Rate shows it stood at 2.04% in 2022, then slumped by 40 bps to 2.86% in 2023, then jumped by 161 bps to 1.75% in 2024, then plunged by 155 bps to 0.96% in 2025, then jumped by 497 bps to 3.82% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 3.82%, 0.96%, and 3.61% for Q1 2026, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 19.22% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 19.84% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 1.37% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 21.31% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | -6.22% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 18.58% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -7.01% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 18.14% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 21.40% |
| 10 | Toast | 16.87 Bn | 15.10 Bn | 447.00 Mn | 3.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.82% |
| Mar 31, 2026 | 3.82% |
| Sep 30, 2025 | -0.96% |
| Sep 30, 2025 | -0.96% |
| Jun 30, 2025 | 3.61% |
| Jun 30, 2025 | 3.61% |
| Mar 31, 2025 | 3.45% |
| Mar 31, 2025 | 3.45% |
| Sep 30, 2024 | 1.75% |
| Sep 30, 2024 | 1.75% |
| Mar 31, 2024 | -1.22% |
| Mar 31, 2024 | -1.22% |
| Dec 31, 2023 | -2.86% |
| Dec 31, 2023 | -2.86% |
| Jun 30, 2023 | -1.03% |
| Jun 30, 2023 | -1.03% |
| Dec 31, 2022 | -2.04% |
| Dec 31, 2022 | -2.04% |
| Sep 30, 2022 | 3.92% |
| Sep 30, 2022 | 3.92% |