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 operating margin

Operating margin is operating income as a percentage of revenue.

Toast's operating margin for the twelve months ending Sep 30, 2026 was 7.2%. For fiscal 2025 it was 4.7%, against 0.3% the year before. The highest annual figure on record is 4.7% in fiscal 2025.

Annual operating margin

Period	Period end	Value	Change (pts)
FY2025	Dec 31, 2025	4.7%	+4.4
FY2024	Dec 31, 2024	0.3%	+7.7
FY2023	Dec 31, 2023	-7.4%	+6.6
FY2022	Dec 31, 2022	-14.1%	−0.7
FY2021	Dec 31, 2021	-13.4%	+13.4
FY2020	Dec 31, 2020	-26.7%	+5.3
FY2019	Dec 31, 2019	-32.0%	–

Quarterly operating margin

Change is against the same quarter a year earlier.

Period	Period end	Value	Change (pts)
Q3 FY2026	Sep 30, 2026	8.3%	+3.2
Q2 FY2026	Jun 30, 2026	8.0%	+2.8
Q1 FY2026	Mar 31, 2026	6.7%	+3.5
Q4 FY2025	Dec 31, 2025	5.2%	+2.8
Q3 FY2025	Sep 30, 2025	5.1%	+2.5
Q2 FY2025	Jun 30, 2025	5.2%	+4.8
Q1 FY2025	Mar 31, 2025	3.2%	+8.4
Q4 FY2024	Dec 31, 2024	2.4%	+7.8
Q3 FY2024	Sep 30, 2024	2.6%	+8.3
Q2 FY2024	Jun 30, 2024	0.4%	+8.6
Q1 FY2024	Mar 31, 2024	-5.2%	+6.0
Q4 FY2023	Dec 31, 2023	-5.4%	+7.5
Q3 FY2023	Sep 30, 2023	-5.7%	+5.6
Q2 FY2023	Jun 30, 2023	-8.2%	+6.5
Q1 FY2023	Mar 31, 2023	-11.2%	+7.6
Q4 FY2022	Dec 31, 2022	-12.9%	+9.8
Q3 FY2022	Sep 30, 2022	-11.3%	+0.0
Q2 FY2022	Jun 30, 2022	-14.7%	−2.7
Q1 FY2022	Mar 31, 2022	-18.9%	−17.1
Q4 FY2021	Dec 31, 2021	-22.7%	+0.8
Q3 FY2021	Sep 30, 2021	-11.3%	+5.0
Q2 FY2021	Jun 30, 2021	-12.0%	–
Q1 FY2021	Mar 31, 2021	-1.8%	–
Q4 FY2020	Dec 31, 2020	-23.4%	–
Q3 FY2020	Sep 30, 2020	-16.3%	–