Toast (TOST) Tax Rate (2021 - 2026)
Toast (TOST) reported Tax Rate of 4.94% for Q2 2026, up 1.32 percentage points from 3.61% a year earlier and up 1.12 percentage points from the prior quarter.
Toast (TOST) Tax Rate (2021 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Toast's Tax Rate came in at 2.41%, down 0.20 percentage points year-over-year; for FY2025, it came in at 1.16%, down 12.48 percentage points from FY2024.
- Tax Rate has a four-year change of +0.54 percentage points (FY2021 to FY2025).
- By year, Tax Rate came in at 13.64% in FY2024 (+14.46 pp), -0.82% in FY2023 (-1.54 pp), 0.72% in FY2022 (+0.11 pp) and 0.61% in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Tax Rate since Q4 2021.
- Year over year, Tax Rate gained in three of the last four quarters, with an average year-over-year change of +0.91 percentage points.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 51.55 Bn | 23.79 Bn | 695.95 Mn | 21.77% |
| 3 | Samsara | 24.79 Bn | 21.56 Bn | 392.58 Mn | 7.42% |
| 4 | Ptc | 22.17 Bn | 20.99 Bn | 490.47 Mn | 22.08% |
| 5 | Toast | 18.88 Bn | 11.55 Bn | 516.00 Mn | 4.94% |
| 6 | Trimble | 14.47 Bn | 13.54 Bn | 674.90 Mn | - |
| 7 | Manhattan Associates | 13.68 Bn | 12.67 Bn | 168.33 Mn | 25.09% |
| 8 | Costar | 13.35 Bn | 7.30 Bn | 728.00 Mn | 25.68% |
| 9 | Bentley Systems | 11.88 Bn | 11.34 Bn | 336.74 Mn | 17.47% |
| 10 | Procore Technologies | 9.19 Bn | 6.49 Bn | 299.80 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.94% |
| Mar 31, 2026 | 3.82% |
| Jun 30, 2025 | 3.61% |
| Mar 31, 2025 | 3.45% |
| Sep 30, 2024 | 1.75% |
| Dec 31, 2021 | 50.00% |
Toast Tax Rate 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=tax-rate&ticker=TOST&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=TOST&period=max&api_key=YOUR_API_KEY");
const data = await res.json();