Toast reported a gross margin of 27.04% and a net margin of 8.07% for the quarter ended Jun 2026. These financial ratios cover 24 quarters of results from Sep 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||||||
| Gross Margin | 17.08% | 14.26% | 16.64% | 16.74% | 20.08% | 20.57% | 21.25% | 21.27% | 21.90% | 21.81% | 23.16% | 23.03% | 24.67% | 24.89% | 25.88% | 25.29% | 26.45% | 25.90% | 27.42% | 27.04% | ||||
| EBT Margin | -52.26% | 0.39% | -4.30% | -8.00% | -13.56% | -12.76% | -9.89% | -9.92% | -3.00% | -3.38% | -7.63% | 1.13% | 4.37% | 2.39% | 4.34% | 5.35% | 6.37% | 6.18% | 8.04% | 8.49% | ||||
| EBIT Margin | -11.32% | -22.66% | -18.88% | -14.67% | -11.30% | -12.89% | -11.23% | -8.18% | -5.72% | -5.41% | -5.21% | 0.40% | 2.61% | 2.39% | 3.22% | 5.16% | 5.14% | 5.21% | 6.75% | 7.97% | ||||
| EBITDA Margin | -11.32% | -22.66% | -18.88% | -14.67% | -11.30% | -12.89% | -11.23% | -8.18% | -5.72% | -5.41% | -5.21% | 0.40% | 2.61% | 2.39% | 3.22% | 5.16% | 5.14% | 5.21% | 6.75% | 7.97% | ||||
| Operating Margin | -11.32% | -22.66% | -18.88% | -14.67% | -11.30% | -12.89% | -11.23% | -8.18% | -5.72% | -5.41% | -5.21% | 0.40% | 2.61% | 2.39% | 3.22% | 5.16% | 5.14% | 5.21% | 6.75% | 7.97% | ||||
| Net Margin | -52.26% | 0.20% | -4.30% | -8.00% | -13.03% | -13.02% | -9.89% | -10.02% | -3.00% | -3.47% | -7.72% | 1.13% | 4.29% | 2.39% | 4.19% | 5.16% | 6.43% | 6.18% | 7.73% | 8.07% | ||||
| FCF Margin | -4.12% | -7.81% | -9.16% | -3.85% | -9.97% | -5.08% | -7.94% | 3.99% | 3.68% | 7.82% | -3.07% | 8.70% | 7.43% | 10.01% | 5.16% | 13.42% | 9.37% | 10.90% | 7.06% | 6.81% | ||||
| Efficiency | ||||||||||||||||||||||||
| Inventory AverageInventory Avg. | 0.04B | 0.04B | 0.05B | 0.08B | 0.10B | 0.11B | 0.11B | 0.10B | 0.11B | 0.12B | 0.12B | 0.11B | 0.11B | 0.11B | 0.11B | 0.10B | 0.11B | 0.12B | 0.18B | |||||
| Assets AverageAssets Avg. | 1.70B | 1.73B | 1.74B | 1.75B | 1.75B | 1.78B | 1.79B | 1.81B | 1.90B | 2.00B | 2.10B | 2.19B | 2.32B | 2.49B | 2.67B | 2.87B | 3.06B | 3.12B | 3.14B | |||||
| Invested CapitalInvested Cap. | 1.01B | 1.09B | ||||||||||||||||||||||
| Asset Utilization RatioAsset Util. | 1.01 | 1.13 | 1.27 | 1.42 | 1.56 | 1.70 | 1.85 | 1.98 | 2.04 | 2.06 | 2.08 | 2.13 | 2.14 | 2.10 | 2.07 | 2.04 | 2.01 | 2.07 | 2.17 | |||||
| Leverage & Solvency | ||||||||||||||||||||||||
| Interest Coverage RatioInterest Cover | -222.67 | 287.84 | ||||||||||||||||||||||
| Debt Ratio | ||||||||||||||||||||||||
| Times Interest Earned | -222.67 | 287.84 | ||||||||||||||||||||||
| Valuation | ||||||||||||||||||||||||
| Price to EarningsP/E | -99.19 | 0.00B | -477.47 | -122.10 | -88.51 | -94.30 | -115.83 | -122.74 | -325.39 | -275.42 | -165.73 | 0.00B | 285.63 | 651.54 | 341.77 | 321.66 | 204.11 | 207.08 | 122.03 | 104.23 | ||||
| Price to SalesP/S | 51.84 | 34.38 | 20.53 | 9.77 | 11.53 | 12.28 | 11.46 | 12.30 | 9.77 | 9.57 | 12.80 | 11.62 | 12.26 | 15.58 | 14.31 | 16.60 | 13.12 | 12.81 | 9.43 | 8.41 | ||||
| Price to BookP/B | 24.95 | 16.14 | 9.61 | 5.73 | 7.75 | 8.59 | 8.54 | 11.15 | 8.78 | 8.30 | 11.43 | 11.25 | 11.26 | 13.49 | 11.44 | 14.15 | 10.64 | 9.85 | 7.73 | 7.85 | ||||
| Enterprise Value | 23.89B | 16.34B | 9.77B | 5.41B | 7.62B | 8.41B | 8.43B | 11.04B | 9.06B | 8.79B | 12.64B | 13.21B | 14.72B | 19.43B | 17.65B | 24.03B | 19.57B | 18.92B | 13.61B | 14.34B | ||||
| EV to EBIT | -434.42 | -140.84 | -96.75 | -54.69 | -89.65 | -84.94 | -91.65 | -137.98 | -153.51 | -156.99 | -225.73 | 0.00B | 433.03 | 607.26 | 410.47 | 300.38 | 233.03 | 222.64 | 123.69 | 94.34 | ||||
| EV to EBITDA | -434.42 | -140.84 | -96.75 | -54.69 | -89.65 | -84.94 | -91.65 | -137.98 | -153.51 | -156.99 | -225.73 | 0.00B | 433.03 | 607.26 | 410.47 | 300.38 | 233.03 | 222.64 | 123.69 | 94.34 | ||||
| Market Capitalization | 25.20B | 17.60B | 10.98B | 6.59B | 8.67B | 9.43B | 9.38B | 12.03B | 10.09B | 9.92B | 13.76B | 14.43B | 16.00B | 20.85B | 19.14B | 25.73B | 21.43B | 20.92B | 15.38B | 16.05B | ||||
| Price to FCFP/FCF | -0.00B | -440.10 | -224.12 | -253.59 | -115.65 | -241.80 | -144.34 | 308.42 | 265.45 | 122.41 | -416.84 | 133.62 | 164.90 | 155.59 | 277.38 | 123.71 | 140.07 | 117.50 | 133.70 | 123.48 | ||||
| EV to FCF | -0.00B | -408.45 | -199.43 | -208.24 | -101.61 | -215.62 | -129.72 | 283.04 | 238.35 | 108.53 | -383.06 | 122.34 | 151.79 | 145.02 | 255.80 | 115.53 | 127.94 | 106.32 | 118.31 | 110.30 | ||||
| EV to CFO | -0.00B | -527.03 | -207.91 | -257.83 | -110.44 | -442.59 | -153.31 | 220.77 | 188.69 | 95.56 | -632.04 | 106.55 | 135.07 | 132.19 | 223.42 | 107.76 | 118.63 | 97.55 | 103.07 | 99.58 | ||||
| Return Ratios | ||||||||||||||||||||||||
| Return on Sales [ROS]ROS | -11.32% | -22.66% | -18.88% | -14.67% | -11.30% | -12.89% | -11.23% | -8.18% | -5.72% | -5.41% | -5.21% | 0.40% | 2.61% | 2.39% | 3.22% | 5.16% | 5.14% | 5.21% | 6.75% | 7.97% | ||||
| Return on Capital Employed [ROCE]ROCE | -16.89% | -24.28% | -28.87% | -31.12% | -30.60% | -30.24% | -29.40% | -26.60% | -23.28% | -19.43% | -12.14% | -5.06% | 1.00% | 6.94% | 10.67% | 12.21% | 13.98% | 17.47% | 21.19% | |||||
| Return on Invested Capital [ROIC]ROIC | -21.48% | |||||||||||||||||||||||
| Return on Assets [ROA]ROA | -28.71% | -23.70% | -18.94% | -9.97% | -15.71% | -18.73% | -21.00% | -17.08% | -12.97% | -12.37% | -6.47% | -2.24% | 0.82% | 6.36% | 8.40% | 9.52% | 11.18% | 13.21% | 15.49% |