Toast Inc

Toast Inc

TOST · NYSE · Technology / Software - Infrastructure

34.68USD+1.16 (+3.46%)

Price History

Full chart

Market Stats

Previous Close33.52
Open33.63
Day Range33.40 – 35.23
52-Week Range22.26 – 39.73
Volume8.13M
Market Cap17.69B
P/E (TTM)38.73
Forward P/E17.64
EPS0.79
Dividend Yield0.00%
Beta1.73
50-Day Avg32.94
200-Day Avg29.93

About

Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally. It offers a platform of software-as-a-service for restaurant operations and point of sale, such as Toast POS; Toast IQ, a conversational artificial intelligence; vendor management; multi-location management; kitchen display system; online ordering and delivery. It offers payroll and team management; inventory and supply chain tools; xtraCHEF by toast, a set of back-office tools for restaurants, including accounts payable automation, inventory management, ingredient price tracking, and recipe costing; financial technology solutions, including integrated payment processing, and restaurant-grade hardware. The company was formerly known as Opti Systems, Inc. and changed its name to Toast, Inc. in May 2012. Toast, Inc. was incorporated in 2011 and is headquartered in Boston, Massachusetts.

Company Details

  • SectorTechnology
  • IndustrySoftware - Infrastructure
  • CEOMr. Aman Narang
  • Employees6.50K
  • Headquarters333 Summer Street, Boston, MA, United States, 02210, USA
  • Websitehttps://www.pos.toasttab.com

Leadership

  • Mr. Aman NarangCo-Founder, CEO & Director · b. 1983
  • Mr. Stephen FredettePresident, Co-Founder & Director · b. 1984
  • Ms. Elena GomezCFO & President · b. 1970
  • Mr. Brian R. Elworthy J.D.General Counsel & Corporate Secretary · b. 1981
  • Mr. Jonathan VassilChief Revenue Officer · b. 1977
  • Mr. Peter SauerbornChief Operating Officer · b. 1967
  • Ms. Rossana NiolaChief Accounting Officer · b. 1980
  • Ms. Mona BreedSenior VP & Chief Information Officer
  • Ms. Kelly EstenCMO & COO of Enterprise
  • Mr. Joe StarzecSenior Vice President of Sales

Financials

Income Statement

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue665.00M823.00M1.71B2.73B3.87B4.96B6.15B
Growth (%)-+23.76%+107.17%+60.18%+41.52%+28.33%+24.05%
Cost of Revenue603.00M683.00M1.39B2.22B3.03B3.77B4.56B
Gross Profit62.00M140.00M314.00M511.00M834.00M1.19B1.58B
Gross Margin9.32%17.01%18.42%18.71%21.58%23.99%25.76%
Operating Expense275.00M360.00M542.00M895.00M1.12B1.17B1.28B
Operating Income-213.00M-220.00M-228.00M-384.00M-287.00M16.00M305.00M
Operating Margin-32.03%-26.73%-13.37%-14.06%-7.43%0.32%4.96%
EBITDA-205.00M-209.00M-457.00M-253.00M-212.00M108.00M413.00M
EBITDA Margin-30.83%-25.39%-26.80%-9.26%-5.49%2.18%6.71%
Net Income-209.00M-248.00M-487.00M-275.00M-246.00M19.00M342.00M
Net Income Margin-31.43%-30.13%-28.56%-10.07%-6.36%0.38%5.56%
R&D64.00M109.00M163.00M282.00M358.00M351.00M371.00M
R&D as % of Total Revenue9.62%13.24%9.56%10.33%9.26%7.08%6.03%
Interest Expense1.00M12.65M12.00M11.00M37.00M--
Interest Expense % of Total Revenue0.15%1.54%0.70%0.40%0.96%--

Balance Sheet

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets305.74M775.96M1.74B1.76B1.96B2.46B3.15B
Total Liabilities636.17M1.25B644.00M663.00M764.00M918.00M1.02B
Total Equity-330.43M-470.98M1.09B1.10B1.19B1.54B2.12B
Cash150.37M581.82M809.00M547.00M605.00M903.00M1.35B
Total Debt455.78M1.02B99.00M94.00M44.00M34.00M40.00M
Net Debt305.41M438.78M-710.00M-453.00M-561.00M-869.00M-1.31B

Cash Flow

Currency: USD2019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-126.00M-124.63M2.00M-156.00M135.00M360.00M661.00M
Investing Cash Flow-47.00M-35.86M-503.00M-98.00M-86.00M-39.00M-172.00M
Financing Cash Flow256.00M594.50M759.00M38.00M63.00M18.00M7.00M
Capital Expenditure15.00M36.07M19.00M33.00M42.00M54.00M53.00M
Free Cash Flow-141.00M-160.71M-17.00M-189.00M93.00M306.00M608.00M
Dividends Paid44.00K600.70M-----
FCF to OCF111.90%128.94%-850.00%121.15%68.89%85.00%91.98%
Dividend Paid to FCF-0.03%-373.79%-----

Earnings

Report DateMar 31, 2020Jun 30, 2020Mar 31, 2021Jun 30, 2021Sep 22, 2021Nov 9, 2021Feb 15, 2022May 12, 2022Aug 11, 2022Nov 10, 2022Feb 16, 2023May 9, 2023Aug 8, 2023Nov 7, 2023Feb 15, 2024May 7, 2024Aug 6, 2024Nov 7, 2024Feb 19, 2025May 8, 2025Aug 5, 2025Nov 4, 2025Feb 12, 2026May 7, 2026Aug 4, 2026Nov 3, 2026
EPS Estimate0.000.000.000.000.00-0.27-0.12-0.12-0.12-0.11-0.07-0.09-0.030.010.010.050.110.130.160.180.220.230.240.270.230.26
EPS Actual-0.31-0.27-0.57-0.65-0.39-1.05-0.15-0.20-0.19-0.15-0.18-0.16-0.11-0.09-0.080.110.150.170.180.200.250.280.270.290.26-
Surprise------288.89%-25.00%-66.67%-58.33%-36.36%-157.14%-77.78%-266.67%-1000.00%-900.00%120.00%36.36%30.77%12.50%11.11%13.64%21.74%12.50%7.41%13.04%-
Timing----After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap17.69B
Enterprise Value15.48B
Trailing P/E38.73
Forward P/E17.64
PEG Ratio0.25
Price / Sales2.60
Price / Book8.43
EPS0.79
Book Value3.54
Revenue (TTM)6.80B
Gross Profit (TTM)1.81B
EBITDA477.00M
Profit Margin7.14%
Operating Margin7.44%
Return on Equity25.16%
Return on Assets8.95%
Shares Outstanding514.00M
Shares Float484.95M
Beta1.73
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Analyst Ratings

Buy
Based on 29 analystsTarget 38.92
  • Strong Buy
    14
  • Buy
    4
  • Hold
    11

Ownership Breakdown

Institutions
95.52%
Insiders
5.60%
Retail / Other
0.00%

Top Institutional Holders

  • FMR Inc
    31.73M5.49%
  • BlackRock Inc
    27.16M4.70%
  • Capital Research & Mgmt Co - Division 3
    26.74M4.63%
  • Vanguard Capital Management, LLC
    22.06M3.82%
  • Vanguard Portfolio Management, LLC
    20.26M3.50%
  • AllianceBernstein L.P.
    18.17M3.14%
  • JPMorgan Chase & Co
    16.78M2.90%
  • Principal Financial Group Inc
    15.16M2.62%
  • Valueact Holdings, L.p.
    14.13M2.45%
  • Morgan Stanley - Brokerage Accounts
    11.66M2.02%
  • State Street Corp
    10.15M1.76%
  • Geode Capital Management, LLC
    8.99M1.55%
  • Citadel Advisors Llc
    6.87M1.19%
  • Sumitomo Mitsui Trust Group Inc
    6.86M1.19%

Top Fund Holders

  • American Funds Growth Fd of Amer A
    17.95M3.11%
  • iShares Core S&P Mid-Cap ETF
    16.45M2.85%
  • Vanguard MStar Total Stk Mkt Idx Invest
    15.58M2.69%
  • Fidelity Contrafund
    14.50M2.51%
  • Vanguard Small Cap Index
    11.28M1.95%
  • Principal MidCap R5
    10.75M1.86%