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Toast, Inc. (TOST) Stock: Price, Forecast & Analyst Target

Toast, Inc. (TOST) — MoonshotScore 79/100 (Strong band), calculated Oct 5, 2026. Price $29.79 (+1.92%), as of the Oct 2, 2026 trading session; market cap $17.3B. Expected results Nov 3, 2026.

Educational signal · not a buy or sell recommendation · How to read this

Market value / cash and short-term investments: 10.10× (market value Oct 2, 2026; cash Jun 30, 2026) · expected results Nov 3, 2026

$29.79 +$0.56 (+1.92%) Market Cap $17.3B

Toast, Inc. · TOST · NYSE · Technology · Software - Infrastructure

Research dated 2026-09-12: Toast is a restaurant commerce platform: its terminals sit at the point of sale, while its software and services reach ordering, kitchens, payments, payroll, delivery coordination and financing. The durability question is whether growth across that relationship can keep producing wider profits and stronger cash conversion as restaurant activity and platform adoption fluctuate.

Price as of Oct 2, 2026

Key Statistics

79 of 100

MoonshotScore v2 · Toast (TOST)

Strong
Business Quality Solid (76)
Financial Safety Sound (76)
Valuation Full (45)
Growth Durability Compounding (94)
Momentum Quiet (59)
Why this rating? Method, drivers & history

Bands for the MoonshotScore: Exceptional 80-100 · Strong 65-79 · Fair 45-64 · Weak below 45.

  • Business Quality — Is this a genuinely good business?
  • Financial Safety — Could this blow up on me?
  • Valuation — Am I paying a fair price?
  • Growth Durability — Is the growth real and likely to last?
  • Momentum — Is the market already moving on this?
The ten-second read ·

High quality, a strong balance sheet and elite growth, with no real weak spot — fairly priced, so not a bargain entry. Business Quality: Solid; Financial Safety: Sound; Valuation: Full; Growth Durability: Compounding; Momentum: Quiet.

  • quarterly revenue $1.91B (Q2 FY2026, quarter ended Jun 2026)
  • EPS beat 6 of 8
  • Altman Z 11.93 · Piotroski F 6

Helping: business quality, balance-sheet strength, durable growth

What has the MoonshotScore done over time?

MoonshotScore snapshots recorded for TOST (29 recorded, newest six shown)
RecordedScoreBand
80Exceptional
80Exceptional
80Exceptional
80Exceptional
80Strong
80Strong

The score was 79 in the stored Oct 4, 2026 snapshot and remains 79 in the current publication computed Oct 5, 2026 (0). This current publication is not yet represented in the immutable snapshot archive.

Calculation uses the most recent completed US trading session. Live price changes do not update the score immediately.

Computed · Educational signal · not a buy or sell recommendation · How the MoonshotScore is computed →

Price & valuation

As of
MeasureValue
Latest provided price$29.79
Change on the day+1.92%
52-week range$22.26–$39.73
Market capitalisation$17.3B
Price / earnings (trailing)35.89
Shares traded on the day9.58M
Beta (volatility vs the S&P 500)1.73

Price & events

Weekly closing price with reported quarters marked Weekly closing price from Sep 5, 2025 to Oct 2, 2026: low $23, high $41, latest $30. 4 reported quarters marked, 3 above and 1 below the recorded estimate. 1 other dated event marked. $41 $23 high $41 Nov 4, 2025 · Earnings results · reported above the recorded estimate · close $371Feb 12, 2026 · Earnings results · reported below the recorded estimate · close $272May 7, 2026 · Earnings results · reported above the recorded estimate · close $253Aug 4, 2026 · Earnings call · management outlook · no recorded estimate to compare · close $344Aug 4, 2026 · Earnings results · reported above the recorded estimate · close $345 Sep 5, 2025 Oct 2, 2026 · $30 $41Sep 5, 2025$41Sep 19, 2025$37Oct 3, 2025$38Oct 17, 2025$36Oct 31, 2025$36Nov 14, 2025$34Nov 28, 2025$35Dec 12, 2025$36Dec 26, 2025$35Jan 9, 2026$34Jan 23, 2026$28Feb 6, 2026$27Feb 20, 2026$30Mar 6, 2026$27Mar 20, 2026$26Apr 2, 2026$29Apr 17, 2026$29May 1, 2026$23May 15, 2026$26May 29, 2026$25Jun 12, 2026$27Jun 26, 2026$29Jul 10, 2026$29Jul 24, 2026$34Aug 7, 2026$37Aug 21, 2026$34Sep 4, 2026$30Sep 18, 2026$30Oct 2, 2026

Triangles mark reported quarters on the line: pointing up is above the recorded estimate, down is below, a diamond means no estimate on file or a dated event that is not a results report. Numbers key to the dated list. Point at or tab to any week for its close.

Events behind the price

  • · Earnings results · above the recorded estimate
  • · Earnings results · below the recorded estimate
  • · Earnings results · above the recorded estimate
  • · Earnings call · management outlook
  • · Earnings results · above the recorded estimate

Results dates follow the earnings feed; call dates follow the transcript provider. Nearby dates do not establish that an event caused a price move.

Upcoming events

As of

  1. Next results dueProvider estimate

Management outlook

  • We expect the conversion of adjusted EBITDA into free cash flow to improve in the back half of 2026. Over time, we expect to see a corresponding benefit to free cash flow with higher conversion rates when we choose to scale down to more normalized inventory levels.

    Elena Gomez · Statement from

Statement dates identify the earnings call, not a deadline. Management expectations and provider estimates can change.

Read management statements

Other perspectives

Council score for Toast (TOST): perspectives

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

5-Factor Breakdown

Growth Durability Strong
Momentum Moderate
Business Quality Moderate
Financial Safety Moderate
Valuation Neutral

Legends Council

5 lenses, 0 current

AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built

Dalio-style lens (simulated) Ray Dalio Favorable read
Griffin-style lens (simulated) Ken Griffin Favorable read
Englander-style lens (simulated) Izzy Englander Neutral read
Klarman-style lens (simulated) Seth Klarman Neutral read
Moon AI lens (model) Favorable read

Read on: Sep 24, 2026 · older than the 27 hours refresh window; not a current reading

Munger's Mindset

Balance Sheet & Valuation · historical

Financial Health Moderate
Margin of Safety Overvalued
Profit Margin Neutral
Revenue Growth Strong
Debt/Equity Strong
ROE Strong
Gross Margin Neutral

Read on: Sep 14, 2026 · older than the 27 hours refresh window; not a current reading

How to read these bars and different assessments

Council is a separate blend of available disciplines; MoonshotScore above remains the five-pillar research rating.

Bars show each model's ordered assessment on its own scale, not a probability or a comparable investment return. The adjacent words give the assessment; more filled segments indicate a stronger model reading.

On Sep 14, 2026, the Munger lens read the price at that time as overvalued against its own estimate of value.

Readings on this page are from Oct 5, 2026, except a card that shows its own read date.

Watch the TOST film — every key number, told as a short cinematic story

~2 min · open the film

1 · What is it?

What is Toast (TOST), and what does it report?

Short answer · as of

Toast sells restaurant operators an integrated operating stack rather than a conventional software subscription.

Research dated 2026-09-12.

Toast sells restaurant operators an integrated operating stack rather than a conventional software subscription. Point of sale hardware anchors the relationship, then ordering, kitchen workflows, payment processing, loyalty, payroll, delivery tools, analytics and financing extend its reach through restaurant operations.

Reported revenue combines License and Technology Service lines, with Technology Service contributing the clear majority. That mix means the top line measures far more than access to software: restaurant deployments, payment activity and adoption of additional operating services can each affect the commercial relationship.

Sources (as of 2026-09-12): Sector / industry (provider taxonomy); Business description; Revenue by segment; Most recent periodic reports

2 · Latest results

What do the latest results show for Toast (TOST)?

Short answer · as of

The most recent reported quarter, Q2 FY2026, carried revenue of $1.91B.

Research dated 2026-09-12.

The latest reported period advanced across revenue, gross profit, operating profit, net income and diluted earnings. Gross profit grew faster than the combined rise in research and development and selling, general and administrative expense, creating visible operating leverage; reported revenue and earnings also exceeded market expectations.

The broader record shows revenue expansion accompanied by a shift from annual losses to sustained quarterly profitability. Management separately expects cash conversion to improve as inventory returns toward a more normalized level, making that inventory adjustment a stated cash-flow mechanism rather than an explanation for the reported profit growth.

Sources (as of 2026-09-12): Quarterly income statement (USD thousands); Annual revenue and net result (USD millions); Reported versus estimated, last 8 quarters; Operating cash flow by quarter (USD millions); Management outlook — dated call excerpts; Recent SEC filings

Where is operating spending going?

Revenue alongside research and development, selling, general and administrative expenses, and the FMP standardized operating result.

Latest quarter · revenue
$1.91B Jun 30, 2026
Latest quarter · R&D
$109.00M Jun 30, 2026
Latest quarter · SG&A
$255.00M Jun 30, 2026
Latest quarter · FMP standardized operating result
$152.00M Jun 30, 2026
Where is operating spending going? — FMP standardized evidence
Period endRevenueR&DSG&AFMP standardized operating result
Jun 30, 2026$1.91B$109.00M$255.00M$152.00M
Mar 31, 2026$1.63B$97.00M$240.00M$110.00M
Dec 31, 2025$1.63B$95.00M$237.00M$89.00M
Sep 30, 2025$1.63B$102.00M$246.00M$84.00M

USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow.

Did results meet expectations?

Reported earnings and revenue alongside the estimates recorded by the provider.

Latest report · revenue
$1.91B Aug 4, 2026
Latest report · revenue estimate
$1.87B Aug 4, 2026
Latest report · revenue vs estimate
Above estimate Aug 4, 2026
Latest report · EPS vs estimate
Above estimate Aug 4, 2026
Did results meet expectations? — reported evidence
Report dateRevenue · reportedRevenue · estimateEPS · reportedEPS · estimate
Aug 4, 2026$1.91B$1.87B$0.3400$0.3222
May 7, 2026$1.63B$1.63B$0.2900$0.2730
Feb 12, 2026$1.63B$1.62B$0.2300$0.2392
Nov 4, 2025$1.63B$1.59B$0.2500$0.2395

Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined.

Quarterly income statement — 4 quarters
Revenue, net income and earnings per share by quarter
PeriodRevenueNet incomeEPS
Q2 FY2026$1.91B$154M$0.26 (diluted)
Q1 FY2026$1.63B$126M$0.20 (diluted)
Q4 FY2025$1.63B$101M$0.16 (diluted)
Q3 FY2025$1.63B$105M$0.16 (diluted)
3 · Financial strengths and risks

What are the financial strengths and risks for Toast (TOST)?

Short answer

Cash and short-term investments were $1.71B at the Jun 30, 2026 balance-sheet date. Operating cash flow was $144.00M for the quarter ended Jun 30, 2026, meaning operations generated cash. These figures do not establish a cash runway.

Research dated 2026-09-12.

Toast pairs recurring operating cash generation with modest capital expenditure, substantial cash and short-term investments, and no reported debt. Liquidity has declined from its recent peak, but it remains above earlier levels and reported short-term coverage ratios remain strong.

The main operating exposure is concentrated in restaurants: weaker customer formation, lower order and payment activity, or slower adoption of added services can affect several parts of the platform relationship at once. Toast also advances loans and offers purchase financing to restaurant customers, adding borrower exposure to a business already tied closely to restaurant economics; meanwhile, the equity value stands well above net cash and assumes profitable expansion continues.

Sources (as of 2026-09-12): Operating cash flow by quarter (USD millions); Cash, investments and debt; Cash and investment components; Cash and short-term investments over time (USD millions); Trailing twelve-month ratio set; Distress and quality screens; Cash against market value; Business description

How much cash does the business generate or use?

Quarterly operating cash flow shows cash generated or used by operations.

Latest quarter · operating cash flow
$144.00M Jun 30, 2026
Previous quarter · operating cash flow
$132.00M Mar 31, 2026
How much cash does the business generate or use? — reported evidence
Period endOperating cash flowCapital expenditure (reported)
Jun 30, 2026$144.00M−$14.00M
Mar 31, 2026$132.00M−$17.00M
Dec 31, 2025$194.00M−$16.00M
Sep 30, 2025$165.00M−$12.00M

Operating cash-flow bars share one scale and show magnitude; negative values mean cash used.

USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway.

4 · What to check next?

What should you watch next at Toast (TOST)?

Short answer · as of

The next earnings report is expected on Nov 3, 2026.

Research dated 2026-09-12.

The next results should be tested against the latest revenue peak and the recent widening of operating profit, not merely against the headline earnings estimate. Gross profit growth relative to operating expenses will show whether the leverage visible in the latest period is persisting.

Cash flow deserves a separate check. Operating cash generation has remained positive, yet liquidity has eased from its peak; progress would appear through better cash conversion alongside normalized inventory, while renewed cash erosion would weaken management’s stated mechanism. Longer-range market estimates assume continued revenue and earnings expansion, so deviations in either direction matter more than the varied labels attached by analysts.

Sources (as of 2026-09-12): Next earnings report; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions); Management outlook — dated call excerpts; Analyst revenue and earnings estimates (average); Analyst actions, most recent per firm

What management is planning

Management expectations, not completed milestones or guarantees. Selected verbatim excerpts; dates follow the transcript provider.

  1. We expect the conversion of adjusted EBITDA into free cash flow to improve in the back half of 2026. Over time, we expect to see a corresponding benefit to free cash flow with higher conversion rates when we choose to scale down to more normalized inventory levels.

    Elena Gomez ·

5 · Peer comparison

How does Toast compare with its peers?

Short answer

Toast's score ranks 2nd of 13 in the bounded comparison shown, against 12 same-model peers. These are company scores, not expected investment returns. The set lists named competitors first, then companies in the same data-provider industry classification closest in market value; that classification is the provider's, not our judgment of business similarity.

Research dated 2026-09-12.

Toast differs from a horizontal software vendor because its product architecture follows the restaurant transaction from order entry through kitchen execution, payment, customer engagement and back-office administration. Hardware is the operational entry point, but Technology Service revenue dominates License revenue, so the economic profile is not that of a terminal seller.

Compared with a standalone payment processor, Toast reaches deeper into restaurant workflows through menus, kitchen displays, payroll, delivery coordination, loyalty and financing. That breadth can expand revenue within a customer relationship, while also concentrating performance around the health and activity of restaurant operators.

Sources (as of 2026-09-12): Business description; Sector / industry (provider taxonomy); Revenue by segment; Annual revenue and net result (USD millions); Trailing twelve-month ratio set

Peer set — price, market value and MoonshotScore
CompanyPriceMarket valueScore
F5, Inc. (FFIV) Same industry, near in market value$454.04 Oct 2, 2026$25.6B81 5-pillar Oct 5, 2026
Toast (TOST) — this page$29.79$17.3B79
Check Point Software Technologies Ltd. (CHKP) Same industry, near in market value$130.35 Oct 2, 2026$13.3B76 5-pillar Oct 5, 2026
GoDaddy Inc. (GDDY) Same industry, near in market value$97.17 Oct 2, 2026$12.9B74 5-pillar Oct 5, 2026
MongoDB, Inc. (MDB) Same industry, near in market value$357.96 Oct 2, 2026$28.8B74 5-pillar Oct 5, 2026
Samsara Inc. (IOT) Named competitor$41.12 Oct 2, 2026$23.7B73 5-pillar Oct 5, 2026
Joint Stock Company Kaspi.kz (KSPI) Same industry, near in market value$94.05 Oct 2, 2026$17.9B68 5-pillar Oct 5, 2026
Nutanix, Inc. (NTNX) Same industry, near in market value$72.29 Oct 2, 2026$19.5B68 5-pillar Oct 5, 2026
DigitalOcean Holdings, Inc. (DOCN) Same industry, near in market value$140.07 Oct 2, 2026$16.4B67 5-pillar Oct 5, 2026
Gen Digital Inc. (GEN) Same industry, near in market value$21.99 Oct 2, 2026$13.2B66 5-pillar Oct 5, 2026
Corpay, Inc. (CPAY) Named competitor$394.60 Oct 2, 2026$25.8B65 5-pillar Oct 5, 2026
SS&C Technologies Holdings, Inc. (SSNC) Named competitor$78.53 Oct 2, 2026$18.4B64 5-pillar Oct 5, 2026
Affirm Holdings, Inc. (AFRM) Same industry, near in market value$70.77 Oct 2, 2026$23.7B64 5-pillar Oct 5, 2026

Only 5-pillar scores are ranked together. Other models are not directly comparable. Price and score dates are shown separately; market-value dates are unavailable.

Screen more Technology stocks

The records behind this page

Analyst targets & estimates

What analysts have on file

Price target, low to high
$30.00 – $45.00
Consensus target
$38.22
Median target
$39.00

Consensus record · Captured .

Measured against a quoted price of $29.79 (as of Oct 2, 2026).

Insider activity

Form 4 records via FMP · Of the newest 100 records, those within the last 180 days, newest dated Sep 2, 2026

Transactions
100
Identified insiders
8
Purchases
0
Sales
26
Other transactions
74

Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.

Who holds the shares?

Institutional ownership reported through 13F filings.

Institutional ownership
83.4% Period end Jun 30, 2026
Previous quarter · ownership
75.4% Prior to period end Jun 30, 2026
Reporting holders
824 Period end Jun 30, 2026
Previous quarter · holders
804 Prior to period end Jun 30, 2026
Who holds the shares? — reported evidence
Holders in provider snapshotShares
Blackrock, INC.48,745,880
Fmr LLC33,528,155
Capital International Investors26,744,340
Vanguard Portfolio Management LLC22,085,011
Vanguard Capital Management LLC21,905,520

Quarterly filings lag the period end. Holder rows are names in the provider snapshot, not a verified ranking; individual filing dates are not supplied. Related managers may appear separately, so these positions are not summed. Holder snapshot as of Jun 30, 2026.

What has been published about Toast (TOST)?

Read these with our analysis →

TOST Technology Stock FAQ

Research dated 2026-09-12; the answers below are from that research, and the full attribution is under Sources. The last 2 questions are answered from this page's own dated data, not from the research.

How does Toast earn revenue beyond Toast Point of Sale?

Toast extends beyond terminals into payment processing, online ordering, kitchen workflows, payroll, loyalty, delivery coordination, analytics and restaurant financing. The reported mix is led by Technology Service rather than License revenue.

Sources (as of 2026-09-12): Business description; Revenue by segment

Why do Toast’s results differ from those of a pure restaurant software vendor?

Toast combines software with hardware, payment acceptance and operational services embedded in restaurant transactions. Its reported revenue therefore reflects a broader restaurant commerce relationship than software access alone.

Sources (as of 2026-09-12): Business description; Revenue by segment; Sector / industry (provider taxonomy)

How does Toast’s restaurant lending affect the business model?

Loans and purchase financing deepen Toast’s relationship with restaurant operators, but they also introduce exposure to customer repayment alongside the platform’s dependence on restaurant activity. The debt-free balance sheet and cash holdings provide financial capacity at the company level.

Sources (as of 2026-09-12): Business description; Cash, investments and debt; Cash and investment components

What could improve Toast’s cash conversion as inventory normalizes?

Management expects lower inventory requirements to support stronger conversion of operating profit into free cash flow. Recent periods already show positive operating cash flow and comparatively modest capital expenditure, so inventory normalization is the incremental mechanism to watch.

Sources (as of 2026-09-12): Management outlook — dated call excerpts; Operating cash flow by quarter (USD millions); Cash and short-term investments over time (USD millions)

What is the TOST stock price today?

The last price recorded on this page for Toast, Inc. (TOST) is $29.79, as of the Oct 2, 2026 trading session (source: Financial Modeling Prep (FMP) · quote). It is a provider snapshot, not a live exchange feed, so check a brokerage quote before you trade.

What is the TOST price target?

The analyst consensus price target for Toast, Inc. (TOST) is $38.22 (range $30.00 to $45.00, median $39.00), per FMP data captured Oct 5, 2026. Targets are analyst opinions and change often; they are not a Stock Expert AI forecast.

Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.

Research written by Codex (gpt-5.6-sol) on 2026-09-12. AI-authored analysis; source dates are shown with each answer. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief.

Sources (as of 2026-09-12): Legal name; Ticker / exchange; Business description; Revenue by segment; Quarterly income statement (USD thousands); Operating cash flow by quarter (USD millions)

Sources — records for every figure on this page (83 figures)

The 83 rows below are exactly the facts the evidence-backed sections of this page printed — the 10-second verdict, the MoonshotScore, price and market value, the five questions with their receipts, and the records behind this page. Known dates and sources are recorded on their own rows; an em dash or UNRECORDED tier preserves a stored observation without inventing either. The quarterly income statement is provider-standardized (FMP) under one row, and scale definitions — a 0-100 rating, the band ladder, the Piotroski 0–9 range — are fixed rather than measured. No number in those sections was generated by a model. The register does not cover quoted third-party headlines, the dated council readings, or the Frequently Asked Questions; each of those says where it came from where it stands.

"As of" is the date the value is true for where the source carries one — a quarter end, a filing date, a price close, the day the score was computed. A cached observation with no source date remains undated; the page publication date is not used as a substitute.

OFFICIAL — 2 facts from SEC filings and earnings calls

OFFICIAL facts used on this page
Fact IDFactValue as shownAs ofTierSource
prod.outlookManagement outlook — call excerptsElena Gomez (Aug 4, 2026): We expect the conversion of adjusted EBITDA into free cash flow to improve in the back half of 2026. Over time, we expect to see a corresponding benefit to free cash flow with higher conversion rates when we choose to scale down to more normalized inventory levels.OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP) — Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.
id.hqSEC filing business addressBoston, MAOFFICIALSEC EDGAR filer business address — The SEC filer business address. Our market-data provider separately lists "333 Summer Street, Boston, MA, 02210, US".

FMP — 74 facts from Financial Modeling Prep endpoint families

FMP facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.nextNext earnings dateNov 3, 2026FMPFinancial Modeling Prep (FMP) earnings calendar — The date is our provider's estimate until the company confirms it.
px.lastLatest provided price$29.79FMPFinancial Modeling Prep (FMP) · quote — Dated to the US trading session the price belongs to, derived from the quote record's timestamp (weekend and pre-open reads roll back to the previous weekday; exchange holidays are not modelled). The record does not establish an exchange execution time. Retrieved 2026-10-04T20:54:32.662Z.
px.changeChange on the day+1.92%FMPFinancial Modeling Prep (FMP) · quote
px.mcapMarket capitalisation$17.3BFMPFinancial Modeling Prep (FMP) · quote — Date unknown Market cap record date: 2026-10-02. FMP quote timestamp: 2026-10-02T20:00:02.000Z. Captured from FMP at 2026-10-04T20:54:31.730Z. No share-count basis is inferred; this page preserves the reported amount instead of recalculating it from shares.
px.change_absChange on the day, in dollars+$0.56FMPFinancial Modeling Prep (FMP) · quote
fin.q_revenueRevenue, Q2 FY2026$1.91BFMPFinancial Modeling Prep (FMP) · income statement (quarterly)
px.range5252-week range$22.26–$39.73FMPFinancial Modeling Prep (FMP) quote
px.pePrice / earnings (trailing)35.89FMPFinancial Modeling Prep (FMP) · quote
px.volumeShares traded on the day9.58MFMPFinancial Modeling Prep (FMP) · quote
px.betaBeta1.73FMPFinancial Modeling Prep (FMP) company profile
id.ceoChief executiveAman NarangFMPFinancial Modeling Prep (FMP) key executives (proxy-derived) — Titles and pay come from the company's proxy statement as our provider parsed it.
id.employeesEmployees6,500FMPFinancial Modeling Prep (FMP) employee count, from the company's filing
fin.annualRevenue and net result by fiscal year5 fiscal years, FY2021 through FY2025: FY2021 revenue $1.71B, net result −$487.00M; FY2022 revenue $2.73B, net result −$275.00M; FY2023 revenue $3.87B, net result −$246.00M; FY2024 revenue $4.96B, net result $19.00M; FY2025 revenue $6.15B, net result $342.00MFMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
fin.rev_mixReported revenue segmentsLicense $936.00M · Technology Service $5.04BFMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
fin.gross_marginGross margin (trailing twelve months)26.7%FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.q_table.depth.2026-06-30.revenue_kRevenue — period end 2026-06-30$1.91BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.rd_kR&D — period end 2026-06-30$109.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.sga_kSG&A — period end 2026-06-30$255.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-06-30.operating_result_kFMP standardized operating result — period end 2026-06-30$152.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.revenue_kRevenue — period end 2026-03-31$1.63BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.rd_kR&D — period end 2026-03-31$97.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.sga_kSG&A — period end 2026-03-31$240.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2026-03-31.operating_result_kFMP standardized operating result — period end 2026-03-31$110.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.revenue_kRevenue — period end 2025-12-31$1.63BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.rd_kR&D — period end 2025-12-31$95.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.sga_kSG&A — period end 2025-12-31$237.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-12-31.operating_result_kFMP standardized operating result — period end 2025-12-31$89.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.revenue_kRevenue — period end 2025-09-30$1.63BPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.rd_kR&D — period end 2025-09-30$102.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.sga_kSG&A — period end 2025-09-30$246.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
fin.q_table.depth.2025-09-30.operating_result_kFMP standardized operating result — period end 2025-09-30$84.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements — Quarterly statement note
earn.history.depth.2026-08-04.revenue_actualRevenue · reported — report date 2026-08-04$1.91BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-04.revenue_estimatedRevenue · estimate — report date 2026-08-04$1.87BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-04.eps_actualEPS · reported — report date 2026-08-04$0.3400Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-08-04.eps_estimatedEPS · estimate — report date 2026-08-04$0.3222Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.revenue_actualRevenue · reported — report date 2026-05-07$1.63BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.revenue_estimatedRevenue · estimate — report date 2026-05-07$1.63BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.eps_actualEPS · reported — report date 2026-05-07$0.2900Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-05-07.eps_estimatedEPS · estimate — report date 2026-05-07$0.2730Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-12.revenue_actualRevenue · reported — report date 2026-02-12$1.63BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-12.revenue_estimatedRevenue · estimate — report date 2026-02-12$1.62BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-12.eps_actualEPS · reported — report date 2026-02-12$0.2300Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2026-02-12.eps_estimatedEPS · estimate — report date 2026-02-12$0.2392Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-04.revenue_actualRevenue · reported — report date 2025-11-04$1.63BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-04.revenue_estimatedRevenue · estimate — report date 2025-11-04$1.59BReport date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-04.eps_actualEPS · reported — report date 2025-11-04$0.2500Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
earn.history.depth.2025-11-04.eps_estimatedEPS · estimate — report date 2025-11-04$0.2395Report date · FMPFinancial Modeling Prep (FMP) earnings — Earnings-history note
fin.q_tableQuarterly income statement4 quarters through Q2 FY2026FMPFinancial Modeling Prep (FMP) · income statement (quarterly), as filed
fin.cash_investmentsCash and short-term investments$1.71BFMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review.
fin.opcf_latestLatest-quarter operating cash flow$144.00MFMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Period end: 2026-06-30. Negative operating cash flow means cash used. This figure is not a cash-runway estimate.
fin.long_term_investmentsLong-term investments (classification unverified)$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.total_debtTotal debt$0.00FMPFinancial Modeling Prep (FMP), from the company's balance sheet — Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.
fin.price_to_bookPrice to book value8.42×FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm — A ratio our provider could not compute is absent rather than shown as zero.
fin.opcf.depth.2026-06-30.operating_cash_flow_mOperating cash flow — period end 2026-06-30$144.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.operating_cash_flow_mOperating cash flow — period end 2026-03-31$132.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-06-30.capex_mCapital expenditure (reported) — period end 2026-06-30−$14.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2026-03-31.capex_mCapital expenditure (reported) — period end 2026-03-31−$17.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.operating_cash_flow_mOperating cash flow — period end 2025-12-31$194.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-12-31.capex_mCapital expenditure (reported) — period end 2025-12-31−$16.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.operating_cash_flow_mOperating cash flow — period end 2025-09-30$165.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
fin.opcf.depth.2025-09-30.capex_mCapital expenditure (reported) — period end 2025-09-30−$12.00MPeriod end · FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements — Cash-flow note
earn.pt_rangeAnalyst price target, low to high$30.00 – $45.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_consensusConsensus analyst price target$38.22FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
earn.pt_medianMedian analyst price target$39.00FMPFinancial Modeling Prep (FMP) · price-target consensus — Captured Oct 5, 2026 · Coverage not supplied
own.insidersInsider transactions via FMP100 transactions · 0 purchases, 26 sales, 74 other transactions · 8 identified insiders · of the newest 100 records, those within the last 180 days, newest dated Sep 2, 2026FMPFinancial Modeling Prep (FMP), carrying Form 4 transaction records — Purchases and sales use the reported transaction category. Other transactions include awards, exercises, gifts, withholding and unclassified activity; an acquisition or disposition alone is not a purchase or sale. These records do not establish intent.
own.institutions.depth.ownership_pctInstitutional ownership83.4%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.ownership_pct_previous_quarterPrevious quarter · ownership75.4%FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.institutions.depth.holdersReporting holders824FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Period end Jun 30, 2026
own.institutions.depth.holders_previous_quarterPrevious quarter · holders804FMPFinancial Modeling Prep (FMP) institutional ownership summary, from 13F filings — 13F filings are quarterly and lag the quarter end by up to 45 days. Prior to period end Jun 30, 2026
own.top_holders.depth.holder_0.sharesBlackrock, INC. — shares in provider snapshot48,745,880FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_1.sharesFmr LLC — shares in provider snapshot33,528,155FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_2.sharesCapital International Investors — shares in provider snapshot26,744,340FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_3.sharesVanguard Portfolio Management LLC — shares in provider snapshot22,085,011FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.
own.top_holders.depth.holder_4.sharesVanguard Capital Management LLC — shares in provider snapshot21,905,520FMPFinancial Modeling Prep (FMP) institutional holders, from 13F filings — Provider snapshot as of 2026-06-30; individual filing date not supplied.

UNRECORDED — 2 facts from stored observations whose source was not recorded

UNRECORDED facts used on this page
Fact IDFactValue as shownAs ofTierSource
earn.historyReported versus estimated, recent quartersEPS beat 6 of 8UNRECORDEDStored earnings-history observation — Captured 2026-09-16 · Expired observation
fin.scoresDistress and quality screensAltman Z 11.93 · Piotroski F 6UNRECORDEDStored financial-scores observation — Captured 2026-10-04 · Expired observation

COMPUTED — 3 facts from our arithmetic, formula restated

COMPUTED facts used on this page
Fact IDFactValue as shownAs ofTierSource
fin.mcap_to_cashMarket value per dollar of cash and short-term investments10.10×—COMPUTEDComputed on this page from the figures above — The market capitalisation printed on this page divided by cash and short-term investments of $1.71B at Jun 30, 2026. Long-term investments are excluded and remain unclassified. Restrictions on cash and short-term investments require separate review. Market cap record date: 2026-10-02. Balance-sheet reference date: 2026-06-30. The inputs do not establish a single common source date for this ratio.
earn.history.depth.2026-08-04.revenue_actual.comparisonLatest report · revenue vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported revenue ($1.91B) with the recorded estimate ($1.87B) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.
earn.history.depth.2026-08-04.eps_actual.comparisonLatest report · EPS vs estimateAbove estimateReport date · COMPUTEDComputed from Financial Modeling Prep (FMP) earnings — Earnings-history note — Method: compare reported EPS ($0.3400) with the recorded estimate ($0.3222) at displayed precision. Equal displayed values are in line. This compares reported results with recorded estimates, not investment returns.

OURS — 2 facts from Stock Expert AI's own score and rank

OURS facts used on this page
Fact IDFactValue as shownAs ofTierSource
ours.moonshotMoonshotScore v279 of 100 · Strong · pillars 76 / 76 / 45 / 94 / 59OURSStock Expert AI MoonshotScore v2 engine
ours.moonshot_changeMoonshotScore movement79 (stored snapshot Oct 4, 2026) → 79 (current publication computed Oct 5, 2026) (0)OURSStock Expert AI current score publication and immutable score snapshots — The current score publication is not yet represented in the immutable snapshot archive.

Fact-family notes

  1. Quarterly statement note. Source series as of 2026-06-30. USD. The operating result is the FMP-standardized value supplied by FMP; it may differ from a filing’s GAAP loss from operations when the provider classifies separately presented items differently. It is not net income or cash flow. Applies to Fact IDs: fin.q_table.depth.2026-06-30.revenue_k, fin.q_table.depth.2026-06-30.rd_k, fin.q_table.depth.2026-06-30.sga_k, fin.q_table.depth.2026-06-30.operating_result_k, fin.q_table.depth.2026-03-31.revenue_k, fin.q_table.depth.2026-03-31.rd_k, fin.q_table.depth.2026-03-31.sga_k, fin.q_table.depth.2026-03-31.operating_result_k, fin.q_table.depth.2025-12-31.revenue_k, fin.q_table.depth.2025-12-31.rd_k, fin.q_table.depth.2025-12-31.sga_k, fin.q_table.depth.2025-12-31.operating_result_k, fin.q_table.depth.2025-09-30.revenue_k, fin.q_table.depth.2025-09-30.rd_k, fin.q_table.depth.2025-09-30.sga_k, fin.q_table.depth.2025-09-30.operating_result_k.
  2. Earnings-history note. Source series as of 2026-08-04. Dates are report dates, not fiscal period ends. Revenue is in USD; EPS is USD per share, rounded to four decimals. The earnings feed does not establish a basic, diluted or adjusted basis. Earnings-feed EPS may differ from statement EPS; the two series are not combined. Applies to Fact IDs: earn.history.depth.2026-08-04.revenue_actual, earn.history.depth.2026-08-04.revenue_estimated, earn.history.depth.2026-08-04.revenue_actual.comparison, earn.history.depth.2026-08-04.eps_actual.comparison, earn.history.depth.2026-08-04.eps_actual, earn.history.depth.2026-08-04.eps_estimated, earn.history.depth.2026-05-07.revenue_actual, earn.history.depth.2026-05-07.revenue_estimated, earn.history.depth.2026-05-07.eps_actual, earn.history.depth.2026-05-07.eps_estimated, earn.history.depth.2026-02-12.revenue_actual, earn.history.depth.2026-02-12.revenue_estimated, earn.history.depth.2026-02-12.eps_actual, earn.history.depth.2026-02-12.eps_estimated, earn.history.depth.2025-11-04.revenue_actual, earn.history.depth.2025-11-04.revenue_estimated, earn.history.depth.2025-11-04.eps_actual, earn.history.depth.2025-11-04.eps_estimated.
  3. Cash-flow note. Source series as of 2026-06-30. USD. Negative operating cash flow means cash used. Capital expenditure keeps the provider’s reported sign; it is not added here to estimate free cash flow or runway. Applies to Fact IDs: fin.opcf.depth.2026-06-30.operating_cash_flow_m, fin.opcf.depth.2026-03-31.operating_cash_flow_m, fin.opcf.depth.2026-06-30.capex_m, fin.opcf.depth.2026-03-31.capex_m, fin.opcf.depth.2025-12-31.operating_cash_flow_m, fin.opcf.depth.2025-12-31.capex_m, fin.opcf.depth.2025-09-30.operating_cash_flow_m, fin.opcf.depth.2025-09-30.capex_m.
Published
Research standards
Methodology · Editorial policy · Corrections

Sources used for research written 2026-09-12

Historical evidence preserved with this analysis. Current figures are listed separately above.

EvidenceCaptured valueSource dateSource typeSource
Legal name
Toast, Inc.
2026-02-18OFFICIALSEC EDGAR — 10-K filed 2026-02-18
Ticker / exchange
TOST on NYSE
2026-09-12OFFICIALSEC EDGAR filer record
Business description
Toast, Inc. delivers a comprehensive cloud-based digital technology platform tailored specifically for the restaurant sector, serving businesses across the United States and Ireland. Its extensive product suite features an array of hardware solutions, including the foundational Toast Point of Sale (POS) system. Toast Flex offers versatile functionality, adaptable as an on-counter order and payment terminal, a server workstation, a guest kiosk, a kitchen display system, or an order fulfillment hub. For enhanced tableside service and expedited table turnover, the company provides Toast Go, a handheld POS device facilitating ordering and payment acceptance directly at the table, alongside Toast Tap, a compact card reader. Beyond hardware, Toast supplies robust software solutions. Toast Order & Pay empowers guests to place orders and settle bills conveniently from their mobile devices. The platform integrates specialized kitchen display system software, streamlining communication between front-of-house staff and the kitchen team. For larger operations, multi-location management software enables customers to centralize operational control, standardize procedures, and efficiently configure menus. Back-office administrative tasks are supported by xtraCHEF tools. Furthermore, Toast Flex for Kitchen provides a larger, mountable hardware solution designed specifically as a kitchen screen. Regarding customer engagement and logistics, Toast offers the Toast Online Ordering & Toast TakeOut app, a software platform enabling restaurants to accept off-premises orders directly through their branded websites. For delivery, they provide First-Party Delivery services, allowing restaurants to manage their own driver fleets and customize delivery parameters such as hours, zones, fees, and minimum order values. Additionally, Toast Delivery Services connects restaurants with a network of third-party delivery drivers, complemented by broader Toast Delivery Partners services. The company's offerings extend to comprehensive business support services. These encompass loyalty programs and gift card management, payroll and team administration tools, tailored business owner policy insurance with restaurant-specific enhancements, and efficient payment processing solutions. Toast also facilitates financial support through loans advanced to restaurants and purchase financing options. Detailed reporting and analytics solutions provide valuable insights. For broader integration, Toast Partner Connect allows users to discover, select, and seamlessly integrate with various third-party partners via bi-directional APIs. Established in 2011, Toast, Inc. maintains its headquarters in Boston, Massachusetts.
2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Revenue by segment
License: $936.00M; Technology Service: $5.04B
2025-12-31FMPFinancial Modeling Prep (FMP) revenue segmentation, from the company's 10-K
Quarterly income statement (USD thousands)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — EPS: $0.26 per share, R&D: $109.00M, SG&A: $255.00M, EPS basic: $0.27 per share, EPS basis: diluted, Revenue: $1.91B, EPS diluted: $0.26 per share, Net result: $154.00M, Gross profit: $516.00M, Operating result: $152.00M
  • Quarter ended 2026-03-31 — EPS: $0.2 per share, R&D: $97.00M, SG&A: $240.00M, EPS basic: $0.21 per share, EPS basis: diluted, Revenue: $1.63B, EPS diluted: $0.2 per share, Net result: $126.00M, Gross profit: $447.00M, Operating result: $110.00M
  • Quarter ended 2025-12-31 — EPS: $0.16 per share, R&D: $95.00M, SG&A: $237.00M, EPS basic: $0.17 per share, EPS basis: diluted, Revenue: $1.63B, EPS diluted: $0.16 per share, Net result: $101.00M, Gross profit: $420.00M, Operating result: $89.00M
  • Quarter ended 2025-09-30 — EPS: $0.16 per share, R&D: $102.00M, SG&A: $246.00M, EPS basic: $0.18 per share, EPS basis: diluted, Revenue: $1.63B, EPS diluted: $0.16 per share, Net result: $105.00M, Gross profit: $432.00M, Operating result: $84.00M
  • Quarter ended 2025-06-30 — EPS: $0.13 per share, R&D: $91.00M, SG&A: $220.00M, EPS basic: $0.14 per share, EPS basis: diluted, Revenue: $1.55B, EPS diluted: $0.13 per share, Net result: $80.00M, Gross profit: $392.00M, Operating result: $80.00M
  • Quarter ended 2025-03-31 — EPS: $0.0879 per share, R&D: $84.00M, SG&A: $212.00M, EPS basic: $0.0974 per share, EPS basis: diluted, Revenue: $1.34B, EPS diluted: $0.0879 per share, Net result: $56.00M, Gross profit: $346.00M, Operating result: $43.00M
  • Quarter ended 2024-12-31 — EPS: $0.055 per share, R&D: $93.00M, SG&A: $208.00M, EPS basic: $0.0562 per share, EPS basis: diluted, Revenue: $1.34B, EPS diluted: $0.055 per share, Net result: $32.00M, Gross profit: $333.00M, Operating result: $32.00M
  • Quarter ended 2024-09-30 — EPS: $0.0678 per share, R&D: $89.00M, SG&A: $199.00M, EPS basic: $0.09 per share, EPS basis: diluted, Revenue: $1.30B, EPS diluted: $0.0678 per share, Net result: $56.00M, Gross profit: $322.00M, Operating result: $34.00M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q and 10-K income statements
Operating cash flow by quarter (USD millions)
Captured record · 8 entries
  • Quarter ended 2026-06-30 — Capital expenditure: -$14.00M, Operating cash flow: $144.00M
  • Quarter ended 2026-03-31 — Capital expenditure: -$17.00M, Operating cash flow: $132.00M
  • Quarter ended 2025-12-31 — Capital expenditure: -$16.00M, Operating cash flow: $194.00M
  • Quarter ended 2025-09-30 — Capital expenditure: -$12.00M, Operating cash flow: $165.00M
  • Quarter ended 2025-06-30 — Capital expenditure: -$15.00M, Operating cash flow: $223.00M
  • Quarter ended 2025-03-31 — Capital expenditure: -$10.00M, Operating cash flow: $79.00M
  • Quarter ended 2024-12-31 — Capital expenditure: -$13.00M, Operating cash flow: $147.00M
  • Quarter ended 2024-09-30 — Capital expenditure: -$12.00M, Operating cash flow: $109.00M
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's 10-Q cash-flow statements
Sector / industry (provider taxonomy)
Technology / Software - Infrastructure

The company's SEC filings classify it under SIC 7374 — Services-Computer Processing & Data Preparation.

2026-09-12FMPFinancial Modeling Prep (FMP) company profile
Most recent periodic reports2026-08-05OFFICIALSEC EDGAR filer submissions
Annual revenue and net result (USD millions)
Captured record · 5 entries
  • FY2025 — R&D: $371.00M, Revenue: $6.15B, Period end: 2025-12-31, Net result: $342.00M
  • FY2024 — R&D: $351.00M, Revenue: $4.96B, Period end: 2024-12-31, Net result: $19.00M
  • FY2023 — R&D: $358.00M, Revenue: $3.87B, Period end: 2023-12-31, Net result: -$246.00M
  • FY2022 — R&D: $282.00M, Revenue: $2.73B, Period end: 2022-12-31, Net result: -$275.00M
  • FY2021 — R&D: $163.00M, Revenue: $1.71B, Period end: 2021-12-31, Net result: -$487.00M
2025-12-31FMPFinancial Modeling Prep (FMP), from the company's 10-K income statements
Reported versus estimated, last 8 quarters
Captured record · 8 entries
  • Reported 2026-08-04 — EPS actual: $0.34 per share, EPS estimated: $0.3222 per share, Revenue actual: $1.91B, Revenue estimated: $1.87B
  • Reported 2026-05-07 — EPS actual: $0.29 per share, EPS estimated: $0.273 per share, Revenue actual: $1.63B, Revenue estimated: $1.63B
  • Reported 2026-02-12 — EPS actual: $0.23 per share, EPS estimated: $0.2392 per share, Revenue actual: $1.63B, Revenue estimated: $1.62B
  • Reported 2025-11-04 — EPS actual: $0.25 per share, EPS estimated: $0.2395 per share, Revenue actual: $1.63B, Revenue estimated: $1.59B
  • Reported 2025-08-05 — EPS actual: $0.24 per share, EPS estimated: $0.2251 per share, Revenue actual: $1.55B, Revenue estimated: $1.52B
  • Reported 2025-05-08 — EPS actual: $0.2 per share, EPS estimated: $0.1797 per share, Revenue actual: $1.34B, Revenue estimated: $1.34B
  • Reported 2025-02-19 — EPS actual: $0.05 per share, EPS estimated: $0.05 per share, Revenue actual: $1.34B, Revenue estimated: $1.31B
  • Reported 2024-11-07 — EPS actual: $0.07 per share, EPS estimated: $0.02 per share, Revenue actual: $1.30B, Revenue estimated: $1.29B
2026-08-04FMPFinancial Modeling Prep (FMP) earnings
Management outlook — dated call excerpts
Captured record · 1 entry
  • Call of 2026-08-04 — Quote: We expect the conversion of adjusted EBITDA into free cash flow to improve in the back half of 2026. Over time, we expect to see a corresponding benefit to free cash flow with higher conversion rates when we choose to scale down to more normalized inventory levels., Speaker: Elena Gomez

Selected verbatim statements from the latest available call, dated by the transcript provider. Management expectations, not completed milestones or guarantees. Relative dates retain the speaker's wording.

2026-08-04OFFICIALCompany earnings call, transcript via Financial Modeling Prep (FMP)
Recent SEC filings2026-08-05OFFICIALSEC EDGAR filer submissions
Cash, investments and debt
Total debt: $0; Liquidity basis: cash and short-term investments; Total liabilities: $1.14B; Cash and short-term investments: $1.71B; Cash and investments: $1.71B; Long-term investments: $0; Long-term investments classification: unclassified

Long-term investments are shown separately; their marketability is not established by the provider field. The cash and short-term investment balance does not establish unrestricted availability.

2026-06-30FMPFinancial Modeling Prep (FMP), from the company's balance sheet
Cash and investment components
Total basis: cash short and long-term investments; Total: $1.71B; Cash and short-term investments: $1.71B; Long-term investments: $0; Long-term investments classification: unclassified

Sums the balance sheet's cash and short-term investments with its long-term investments.; The long-term investment field does not establish marketability; the sum is not a measure of available liquidity.; These provider fields do not establish investment access restrictions or explain differences from third-party cash figures.

2026-06-30COMPUTEDComputed from the balance sheet
Cash and short-term investments over time (USD millions)
Captured record · 8 entries
  • 2026-06-30 — Amount: $1.71B, Cash basis: cash and short-term investments
  • 2026-03-31 — Amount: $1.77B, Cash basis: cash and short-term investments
  • 2025-12-31 — Amount: $1.99B, Cash basis: cash and short-term investments
  • 2025-09-30 — Amount: $1.86B, Cash basis: cash and short-term investments
  • 2025-06-30 — Amount: $1.70B, Cash basis: cash and short-term investments
  • 2025-03-31 — Amount: $1.49B, Cash basis: cash and short-term investments
  • 2024-12-31 — Amount: $1.42B, Cash basis: cash and short-term investments
  • 2024-09-30 — Amount: $1.27B, Cash basis: cash and short-term investments
2026-06-30FMPFinancial Modeling Prep (FMP), from the company's quarterly balance sheets
Trailing twelve-month ratio set
Quick ratio: 2.2; Current ratio: 2.4; Net margin: 7.1%; Gross margin: 26.7%; Operating margin: 6.4%; Return on assets: 15.3%; Return on equity: 23.8%

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. A ratio our provider could not compute is absent rather than shown as zero.

2026-09-12FMPFinancial Modeling Prep (FMP) key-metrics-ttm + ratios-ttm
Distress and quality screens
Altman Z-score: 12.69; Piotroski F-score: 6

Altman Z below 1.8 is the conventional distress zone. The screen is built for manufacturers and industrials; for banks, insurers and property companies it is not a meaningful reading.

2026-09-12FMPFinancial Modeling Prep (FMP) financial scores
Cash against market value
As of: 2026-06-30; Cash basis: cash and short-term investments; Net cash: $1.71B; Total debt: $0; Cash and investments: $1.71B

Price-based multiples captured at research time are not repeated here; the page shows each once, from current figures with their own dates. Cash is the latest reported cash and short-term investment balance; long-term investments are excluded. Market capitalization is the latest provider value.; The reported balance does not establish unrestricted availability or liquidation value.; The two are measured on different dates — the balance sheet is a quarter-end, the market cap is a recent close.; Debt is total debt as reported, including operating lease liabilities where the filer includes them.

2026-06-30COMPUTEDComputed from the balance sheet and the latest market capitalization
Next earnings report
Date: 2026-11-03; EPS estimate: $0.37 per share; Revenue estimate: $1.97B

The date is our provider's estimate until the company confirms it.

2026-09-12FMPFinancial Modeling Prep (FMP) earnings calendar
Analyst revenue and earnings estimates (average)
Captured record · 4 entries
  • FY2026 — EPS average: $1.38 per share, Revenue average: $7.47B, Revenue low: $7.40B, Revenue high: $7.50B, Analysts (revenue): 20
  • FY2027 — EPS average: $1.72 per share, Revenue average: $8.85B, Revenue low: $8.65B, Revenue high: $9.01B, Analysts (revenue): 20
  • FY2028 — EPS average: $2.19 per share, Revenue average: $10.37B, Revenue low: $10.00B, Revenue high: $10.95B, Analysts (revenue): 15
  • FY2029 — EPS average: $2.66 per share, Revenue average: $12.02B, Revenue low: $11.75B, Revenue high: $12.32B, Analysts (revenue): 10
2026-09-12FMPFinancial Modeling Prep (FMP) analyst estimates
Analyst actions, most recent per firm
Captured record · 10 entries
  • 2026-09-02 — Firm: BNP Paribas, Action: downgrade, Rating: Neutral, Previous rating: Outperform
  • 2026-08-31 — Firm: RBC Capital, Action: maintain, Rating: Sector Perform, Previous rating: Sector Perform
  • 2026-08-12 — Firm: Truist Securities, Action: maintain, Rating: Buy, Previous rating: Buy
  • 2026-08-10 — Firm: DA Davidson, Action: maintain, Rating: Neutral, Previous rating: Neutral
  • 2026-08-06 — Firm: Bernstein, Action: maintain, Rating: Outperform, Previous rating: Outperform
  • 2026-08-05 — Firm: Keefe, Bruyette & Woods, Action: maintain, Rating: Market Perform, Previous rating: Market Perform
  • 2026-08-05 — Firm: Wells Fargo, Action: maintain, Rating: Overweight, Previous rating: Overweight
  • 2026-08-05 — Firm: Evercore ISI Group, Action: maintain, Rating: Outperform, Previous rating: Outperform
  • 2026-08-05 — Firm: Barclays, Action: maintain, Rating: Overweight, Previous rating: Overweight
  • 2026-08-05 — Firm: Piper Sandler, Action: maintain, Rating: Overweight, Previous rating: Overweight

One row per firm — the firm's most recent action in our feed. Other data vendors may carry firms ours does not.

2026-09-02FMPFinancial Modeling Prep (FMP) analyst grades
Data Sources & Methodology
Figures come from Financial Modeling Prep (FMP). If FMP has no figure for a ticker, a price or fundamental may come from a Yahoo Finance fallback, or a price from an Alpaca fallback. SEC EDGAR is used only for filing links and company identity details (legal name, address), never for figures. AI analysis by Stock Expert AI proprietary algorithms. Technical indicators via industry-standard calculations. Last updated: .
Data Provenance
Sources: Financial Modeling Prep (FMP) — Primary · Yahoo Finance — Fallback · Alpaca — Tertiary
Last fetched:
Cache TTL: Quote 5min · Profile 7d · Financials 7d · Insider 48h
How we use AI: Numbers are pulled directly from FMP & Yahoo Finance — our AI writes the analysis, it never edits the figures.
Data provided as-is for educational purposes. Not financial advice. Methodology

Data provided for informational purposes only.

ETFs that hold TOST

Funds in our ETF coverage that list TOST among the top 10 holdings on their fund page, largest weight first. Each weight is the fund's reported holding weight as of the date in its row.

ETFWeightHoldings as of
ARK Blockchain & Fintech Innovation ETF (ARKF)4.30%
FIDELITY DISRUPTIVE FINANCE ETF (FDFF)3.81%
Simplify Volt Fintech Disruption ETF (VFIN)3.47%
ERShares Private-Public Crossover ETF (XOVR)3.37%