Stocks · Technology · Software - Infrastructure
Toast, Inc. TOST
$29.79 +1.92% Close, Oct 2, 2026 · NYSE · Market cap $17.28B
Low risk
Next earnings report: Nov 3, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Diluted EPS over the last four quarters was $0.78, up 128.9% year over year.
- Revenue over the last four quarters was $6.80B, up 23.0% from a year earlier.
- The company holds net cash of $1.01B (cash above total debt).
PromtFinance scores
Each score is a percentile within the Technology sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 28%
- EPS growth (TTM, YoY)Top 17%
- FCF growth (TTM, YoY)Bottom 42%
- Revenue growth, 3-year CAGRTop 10%
- Revenue growth accelerationBottom 38%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 9%
- Gross marginBottom 18%
- Operating marginTop 45%
- Cash conversion (OCF / net income)Bottom 30%
- Accruals (lower is better)Bottom 38%
- Net debt / EBITDA (lower is better)Top 19%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 31%
- Free-cash-flow yieldTop 45%
- EBITDA / enterprise valueTop 48%
- Sales / enterprise valueTop 33%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 44%
- 6-month returnBottom 40%
- 1-year return vs S&P 500Bottom 36%
- Distance from 52-week highTop 41%
- Trend checklist (0–4)Bottom 40%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 31%
- Consecutive EPS beatsBottom 44%
- Share of analysts rating BuyBottom 46%
- Upside to consensus price targetTop 47%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 13%
- Maximum drawdown, 3 yearsTop 34%
- Beta vs S&P 500 (lower is better)Top 38%
- Net debt / EBITDA (lower is better)Top 19%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 23.4% | 23.0% | ↓ |
| EPS growth (YoY) | 177.2% | 128.9% | ↓ |
| Gross margin | 25.2% | 26.7% | ↑ |
| Operating margin | 3.4% | 6.4% | ↑ |
| FCF margin | 9.2% | 8.5% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 23.0% | 23.4% | ↓ | Top 28% |
| EPS growth (TTM, YoY) | 128.9% | 177.2% | ↓ | Top 17% |
| Gross margin | 26.7% | 25.2% | ↑ | Bottom 18% |
| Operating margin | 6.4% | 3.4% | ↑ | Top 45% |
| Net margin | 7.1% | 4.1% | ↑ | — |
| Free-cash-flow margin | 8.5% | 9.2% | ↓ | — |
| Return on invested capital | 20.9% | — | Top 9% | |
| Revenue growth, 3-year CAGR | 31.1% | — | Top 10% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.31×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -4.7%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 3.4%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- -5.7 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -1.89×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 0.00%
- Net buyback yield (TTM)
- 2.92%
- Shareholder yield
- 2.92%
- Share count change, 1 year
- -2.5%
- Share count change, 3-year CAGR
- +3.7%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 5, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 2
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +3.1%
- Average 2-day reaction, last 8
- -0.4%
- Positive 20 days after report
- 3 of 8
Analysts
- Consensus price target
- $38.22
- Target vs current price
- +28.3%
- Analysts with a rating
- 34
- Share rating Buy or Strong Buy
- 62%
- Consensus rating
- Buy
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Aug 4, 2026 | +5.5% | +3.1% | +8.8% | +4.0% | — |
| May 7, 2026 | +6.2% | +3.8% | -21.1% | -10.9% | +15.8% |
| Feb 12, 2026 | -3.8% | -6.7% | -1.4% | -1.5% | -10.6% |
| Nov 4, 2025 | +4.4% | -0.2% | +6.9% | -5.3% | -12.9% |
| Aug 5, 2025 | +6.6% | -3.2% | -12.3% | -11.2% | -24.1% |
| May 8, 2025 | +11.3% | +3.1% | +26.8% | +20.4% | +38.6% |
| Feb 19, 2025 | +0.0% | -4.6% | -13.6% | -19.4% | +7.6% |
| Nov 7, 2024 | +250.0% | +1.6% | +24.2% | +18.3% | +28.6% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Aug 4, 2026 | $0.34 | $0.32 | +5.5% | $1.91B |
| May 7, 2026 | $0.29 | $0.27 | +6.2% | $1.63B |
| Feb 12, 2026 | $0.23 | $0.24 | -3.8% | $1.63B |
| Nov 4, 2025 | $0.25 | $0.24 | +4.4% | $1.63B |
| Aug 5, 2025 | $0.24 | $0.23 | +6.6% | $1.55B |
| May 8, 2025 | $0.20 | $0.18 | +11.3% | $1.34B |
| Feb 19, 2025 | $0.05 | $0.05 | +0.0% | $1.34B |
| Nov 7, 2024 | $0.07 | $0.02 | +250.0% | $1.30B |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 38.2× | — | — | Top 31% |
| P/E (forward) | 21.7× | — | — | — |
| EV / EBITDA | 30.2× | — | — | Top 48% |
| EV / Sales | 2.39× | — | — | Top 33% |
| Free-cash-flow yield | 3.33% | — | — | Top 45% |
| Earnings yield | 2.62% | — | — | Top 31% |
P/E over the past five years
Range 38.5× – 174.2× since Mar 31, 2025. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -16.3%
- Earnings per share growth (TTM)
- +128.9%
- Change in P/E multiple
- -66.9%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 1
- 50-day average slope (20 days)
- +2.3%
- 200-day average slope (20 days)
- -1.1%
- Distance from 50-day average
- -9.6%
- Distance from 200-day average
- +0.0%
- RSI (14)
- 39.0
- Relative volume
- 1.15×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 37.0%
- Volatility vs own 5-year history
- 4th percentile · Low for this stock
- Beta vs S&P 500 (2 years, weekly)
- 1.24
- Correlation with S&P 500
- 0.42
- Current drawdown from 1-year high
- -23.7%
- Maximum drawdown, 3 years
- -54.7%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Nov 2, 2021 | May 11, 2022 | -80.6% | 131 days | Not yet recovered |
| Sep 22, 2021 | Oct 22, 2021 | -20.6% | 22 days | 7 days (Nov 2, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $17.28B
- P/E (TTM)
- 38.2
- EPS, diluted (TTM)
- $0.78
- Revenue (TTM)
- $6.80B
- 52-week range
- $22.26 – $39.73
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.71B | $2.73B | $3.87B | $4.96B | $6.15B |
| Gross profit | $314.0M | $511.0M | $834.0M | $1.19B | $1.58B |
| Operating income | -$228.0M | -$384.0M | -$287.0M | $16.0M | $305.0M |
| Net income | -$487.0M | -$275.0M | -$246.0M | $19.0M | $342.0M |
| EPS (diluted) | -$0.97 | -$0.72 | -$0.47 | $0.03 | $0.56 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.30B | $1.34B | $1.34B | $1.55B | $1.63B | $1.63B | $1.63B | $1.91B |
| Net income | $56.0M | $32.0M | $56.0M | $80.0M | $105.0M | $101.0M | $126.0M | $154.0M |
| EPS (diluted) | $0.07 | $0.06 | $0.09 | $0.13 | $0.16 | $0.16 | $0.20 | $0.26 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $2.0M | -$156.0M | $135.0M | $360.0M | $661.0M |
| Capital expenditure | -$19.0M | -$33.0M | -$42.0M | -$54.0M | -$53.0M |
| Free cash flow | -$17.0M | -$189.0M | $93.0M | $306.0M | $608.0M |
| Dividends paid | $0 | $0 | $0 | $0 | $0 |
| Net share buybacks | $984.0M | $15.0M | $36.0M | $43.0M | -$26.0M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $1.71B
- Total assets
- $3.18B
- Total liabilities
- $1.14B
- Total debt
- $0
- Net debt
- -$1.01B
- Shareholders’ equity
- $2.04B
As of Jun 30, 2026 (filed Aug 5, 2026).
Short interest
- Shares sold short
- 31,632,064
- Days to cover
- 4.34
- Change vs previous report
- +10.3%
FINRA short interest, settlement date Sep 15, 2026.