Toast Inc

Common Name

Toast

Country

United States

Sector

Technology

Industry

Software - Infrastructure

Employees

5,700

Ticker

TOST

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

pos.toasttab.com

Description

Toast Inc. operates as a cloud-based software company providing management solutions specifically tailored for the restaurant industry. The company's primary function is to streamline restaurant opera... Show more

Financial Statements of Toast

Below are the financial statements of Toast, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.

Income Statement (as reported) Balance Sheet (as reported)

All figures in millions of USD	2024	2023	2022
Revenue	—	—	—
Subscription services	706^a	500^a	324^a
Financial technology solutions	4,053^a	3,189^a	2,268^a
Hardware and professional services	201^a	176^a	139^a
Total revenue	4,960^a	3,865^a	2,731^a
Costs of revenue	—	—	—
Subscription services	-219^a	-166^a	-112^a
Financial technology solutions	-3,175^a	-2,503^a	-1,792^a
Hardware and professional services	-371^a	-357^a	-311^a
Amortization of acquired intangible assets	-5^a	-5^a	-5^a
Total costs of revenue	-3,770^a	-3,031^a	-2,220^a
Gross profit	1,190^a	834^a	511^a
Operating expenses	—	—	—
Sales and marketing	-470^a	-401^a	-319^a
Research and development	-351^a	-358^a	-282^a
General and administrative	-307^a	-362^a	-294^a
Restructuring expenses	-46^a	0^a	0^a
Total operating expenses	-1,174^a	-1,121^a	-895^a
Income (loss) from operations	16^a	-287^a	-384^a
Other income (expenses)	—	—	—
Interest income, net	42^a	37^a	11^a
Change in fair value of warrant liability	-49^a	3^a	95^a
Other income, net	13^a	3^a	1^a
Income (loss) before income taxes	22^a	-244^a	-277^a
Income tax (expense) benefit	-3^a	-2^a	-2^a
Net income (loss)	19^a	-246^a	-275^a

Verified Sources Behind Toast’s Financial Fundamentals Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Toast’s data sources below and access millions more through our Disclosure Search.

a. Toast's 10-K 2024

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Toast Inc

Financial Statements of Toast

Verified Sources Behind Toast’s Financial Fundamentals Data

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