The financials
Toast, Inc. by the numbers
Toast, Inc. (TOST) reported revenue of $1.63B in Q1 2026 (quarter ended Mar 31, 2026), up 22% from the same quarter a year earlier. That came with a gross margin of 27% and net income of $126M (7.7% of revenue). For the full year FY2025, revenue was $6.15B (+24% year on year) and net income $342M. Its largest product in Jun 2026 was Technology Service at $1.57B, 82% of the disclosed total, well ahead of License at 15%.
| Income statement | Q1 2026 | Q1 2025 | Change |
|---|---|---|---|
| Revenue | $1.63B | $1.34B | +22% |
| Gross profit | $447M | $346M | +29% |
| Operating income | $110M | $43M | +156% |
| Net income | $126M | $56M | +125% |
| Diluted EPS | $0.20 | $0.09 | +122% |
| Product | Revenue | Share |
|---|---|---|
| Technology Service | $1.57B | 82% |
| License | $290M | 15% |
| Product And Professional Services | $48M | 2.5% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Jun 2026Total $1.91B (+17%)
License grew +28% year on yearProduct And Professional Services +2.1% year on year
Segment Latestquarter on quarteryear on year
- Technology Service$1.57B$1.57BQoQ +19%year on year +23%+19%+23%
- License$290.0M$290.0MQoQ +8.2%year on year +28%+8.2%+28%
- Product And Professional Services$48.0M$48.0MQoQ +23%year on year +2.1%+23%+2.1%
Software - Infrastructure
Ranks #29 of 64 by Smart Score