Toast, Inc. (TOST) stock
TOSTNYSEServices-Computer Processing & Data PreparationFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 14/3053% above fair value
$34.68+1.16 (+3.46%)
Close on Nov 13, 2026Market cap $20.05BP/E 37.7Yield –
Toast gross margin
Gross margin is gross profit as a percentage of revenue.
Toast's gross margin for the twelve months ending Sep 30, 2026 was 27.0%. For fiscal 2025 it was 25.9%, against 24.0% the year before. The highest annual figure on record is 25.9% in fiscal 2025.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 25.9% | +1.9 |
| FY2024 | Dec 31, 2024 | 24.0% | +2.4 |
| FY2023 | Dec 31, 2023 | 21.6% | +2.9 |
| FY2022 | Dec 31, 2022 | 18.7% | +0.3 |
| FY2021 | Dec 31, 2021 | 18.4% | +1.4 |
| FY2020 | Dec 31, 2020 | 17.0% | +7.7 |
| FY2019 | Dec 31, 2019 | 9.3% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 27.4% | +1.0 |
| Q2 FY2026 | Jun 30, 2026 | 27.0% | +1.8 |
| Q1 FY2026 | Mar 31, 2026 | 27.4% | +1.5 |
| Q4 FY2025 | Dec 31, 2025 | 25.9% | +1.0 |
| Q3 FY2025 | Sep 30, 2025 | 26.5% | +1.8 |
| Q2 FY2025 | Jun 30, 2025 | 25.3% | +2.3 |
| Q1 FY2025 | Mar 31, 2025 | 25.9% | +2.7 |
| Q4 FY2024 | Dec 31, 2024 | 24.9% | +3.1 |
| Q3 FY2024 | Sep 30, 2024 | 24.7% | +2.8 |
| Q2 FY2024 | Jun 30, 2024 | 23.0% | +1.8 |
| Q1 FY2024 | Mar 31, 2024 | 23.2% | +1.9 |
| Q4 FY2023 | Dec 31, 2023 | 21.8% | +1.2 |
| Q3 FY2023 | Sep 30, 2023 | 21.9% | +1.8 |
| Q2 FY2023 | Jun 30, 2023 | 21.3% | +4.5 |
| Q1 FY2023 | Mar 31, 2023 | 21.2% | +4.6 |
| Q4 FY2022 | Dec 31, 2022 | 20.6% | +6.3 |
| Q3 FY2022 | Sep 30, 2022 | 20.1% | +3.0 |
| Q2 FY2022 | Jun 30, 2022 | 16.7% | −4.2 |
| Q1 FY2022 | Mar 31, 2022 | 16.6% | −7.8 |
| Q4 FY2021 | Dec 31, 2021 | 14.3% | −5.0 |
| Q3 FY2021 | Sep 30, 2021 | 17.1% | −3.3 |
| Q2 FY2021 | Jun 30, 2021 | 20.9% | – |
| Q1 FY2021 | Mar 31, 2021 | 24.5% | – |
| Q4 FY2020 | Dec 31, 2020 | 19.3% | – |
| Q3 FY2020 | Sep 30, 2020 | 20.4% | – |
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