Financial Snapshot

Revenue
$4.658B
TTM
Gross Margin
23.17%
TTM
Net Earnings
-$49.00M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
240.91%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$1.420B
Q3 2024
Cash
Q3 2024
P/E
-442.1
Nov 29, 2024 EST
Free Cash Flow
$253.0M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $3.865B $2.731B $1.705B $823.0M $665.0M
YoY Change 41.52% 60.18% 107.17% 23.76%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $3.865B $2.731B $1.705B $823.0M $665.0M
Cost Of Revenue $3.031B $2.220B $1.391B $683.0M $603.0M
Gross Profit $834.0M $511.0M $314.0M $140.0M $62.00M
Gross Profit Margin 21.58% 18.71% 18.42% 17.01% 9.32%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin $763.0M $613.0M $379.0M $251.0M $211.0M
YoY Change 24.47% 61.74% 51.0% 18.96%
% of Gross Profit 91.49% 119.96% 120.7% 179.29% 340.32%
Research & Development $358.0M $282.0M $163.0M $109.0M $64.00M
YoY Change 26.95% 73.01% 49.54% 70.31%
% of Gross Profit 42.93% 55.19% 51.91% 77.86% 103.23%
Depreciation & Amortization $32.00M $24.00M $21.00M $27.00M $7.000M
YoY Change 33.33% 14.29% -22.22% 285.71%
% of Gross Profit 3.84% 4.7% 6.69% 19.29% 11.29%
Operating Expenses $1.121B $895.0M $542.0M $360.0M $275.0M
YoY Change 25.25% 65.13% 50.56% 30.91%
Operating Profit -$287.0M -$384.0M -$228.0M -$220.0M -$213.0M
YoY Change -25.26% 68.42% 3.64% 3.29%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense $37.00M $11.00M $12.00M $13.00M $0.00
YoY Change 236.36% -8.33% -7.69%
% of Operating Profit
Other Income/Expense, Net $6.000M $1.000M $0.00 -$1.000M $0.00
YoY Change 500.0% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$244.0M -$277.0M -$490.0M -$248.0M -$212.0M
YoY Change -11.91% -43.47% 97.58% 16.98%
Income Tax $2.000M -$2.000M -$3.000M $0.00 -$3.000M
% Of Pretax Income
Net Earnings -$246.0M -$275.0M -$487.0M -$248.0M -$209.0M
YoY Change -10.55% -43.53% 96.37% 18.66%
Net Earnings / Revenue -6.36% -10.07% -28.56% -30.13% -31.43%
Basic Earnings Per Share -$0.46 -$0.54 -$1.68 -$1.25 -$1.08
Diluted Earnings Per Share -$0.46 -$0.72 -$1.68 -$1.25 -$1.08

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $1.124B $1.021B $1.266B $592.5M $157.1M
YoY Change 10.09% -19.35% 113.68% 277.17%
Cash & Equivalents $605.0M $547.0M $809.0M $581.8M $150.4M
Short-Term Investments $519.0M $474.0M $457.0M
Other Short-Term Assets $201.0M $199.0M $122.0M $10.68M $11.37M
YoY Change 1.01% 63.11% 1042.22% -6.08%
Inventory $118.0M $110.0M $42.00M $19.33M $15.39M
Prepaid Expenses
Receivables $69.00M $77.00M $55.00M $49.43M $15.09M
Other Receivables $58.00M $0.00 $0.00 $1.164M $29.54M
Total Short-Term Assets $1.570B $1.407B $1.485B $673.1M $228.5M
YoY Change 11.58% -5.25% 120.63% 194.6%
Property, Plant & Equipment $111.0M $138.0M $120.0M $34.06M $19.96M
YoY Change -19.57% 15.0% 252.36% 70.65%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $138.0M $80.00M $40.00M $3.447M $4.770M
YoY Change 72.5% 100.0% 1060.43% -27.74%
Total Long-Term Assets $388.0M $354.0M $250.0M $102.9M $77.28M
YoY Change 9.6% 41.6% 142.97% 33.15%
Total Assets $1.958B $1.761B $1.735B $776.0M $305.7M
YoY Change
Accounts Payable $32.00M $30.00M $40.00M $30.55M $31.52M
YoY Change 6.67% -25.0% 30.92% -3.07%
Accrued Expenses $435.0M $314.0M $206.0M $42.74M $44.73M
YoY Change 38.54% 52.43% 381.96% -4.44%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $509.0K $9.765M
YoY Change -94.79%
Total Short-Term Liabilities $663.0M $496.0M $352.0M $136.4M $139.7M
YoY Change 33.67% 40.91% 158.05% -2.36%
Long-Term Debt $0.00 $0.00 $0.00 $171.7M $0.00
YoY Change -100.0%
Other Long-Term Liabilities $101.0M $167.0M $292.0M $89.92M $49.92M
YoY Change -39.52% -42.81% 224.72% 80.15%
Total Long-Term Liabilities $101.0M $167.0M $292.0M $261.6M $49.92M
YoY Change -39.52% -42.81% 11.61% 424.15%
Total Liabilities $764.0M $663.0M $644.0M $398.0M $189.6M
YoY Change 15.23% 2.95% 61.79% 109.92%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding 532.0M shares 511.8M shares 289.6M shares 200.0M shares 194.8M shares
Diluted Shares Outstanding 533.0M shares 512.2M shares 289.6M shares 200.0M shares 194.8M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $21.664 Billion

About Toast, Inc.

Toast, Inc. engages in the development and provision of consumer payment application for restaurants. The company is headquartered in Boston, Massachusetts and currently employs 5,500 full-time employees. The company went IPO on 2021-09-22. The Company’s platform provides a suite of software as a service (SaaS), products and financial technology solutions, including integrated payment processing, restaurant-grade hardware, and an ecosystem of third-party partners. The firm's portfolio spans several product categories, including restaurant operations and point of sale, digital ordering and delivery, marketing and loyalty, team management, supply chain and accounting, financial technology solutions, and platform and insights. The firm serves as the restaurant operating system, connecting front-of-house and back-of-house operations across dine-in, takeout, and delivery channels. The Company’s subsidiaries include Toasttab Ireland Limited, Toast Capital LLC, Toast Processing Services LLC, Toast MSC, Inc., Stratex HoldCo, LLC and OAE Software, LLC.

Industry: Services-Computer Processing & Data Preparation Peers: Affirm Holdings, Inc. BROADRIDGE FINANCIAL SOLUTIONS, INC. Concentrix Corp CORPAY, INC. GLOBAL PAYMENTS INC JACK HENRY & ASSOCIATES INC SS&C Technologies Holdings Inc VISA INC. Western Union CO WEX Inc.