Superworth

Toast profit margin TOST

Gross, operating and net profit as a share of revenue over the last twelve months, from 2021.

Net margin, 12 months
7.1%
Operating margin, 12 months
6.3%
Net margin on a year earlier
+3.1 pts
Peer median
11.6%

Over the twelve months to Jun 30, 2026, Toast kept 7.1% of its revenue as net profit, with an operating margin of 6.3% and a gross margin of 26.7%.

Five years earlier its net margin was −30.1%.

The median for 10 infrastructure software stocks of a similar size is 11.6%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY20255.6%4.7%25.9%
FY20240.4%0.3%24.0%
FY2023−6.4%−7.4%21.6%
FY2022−10.1%−14.1%18.7%
FY2021−28.5%−13.3%18.4%
FY2020n/an/an/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY267.1%+3.1 pts6.3%
Q1 FY266.4%+3.4 pts5.6%
Q4 FY255.6%+5.2 pts4.7%
Q3 FY254.7%+5.7 pts4.1%
Q2 FY254.1%+7.2 pts3.4%
Q1 FY253.0%+9.0 pts2.2%
Q4 FY240.4%+6.7 pts0.3%
Q3 FY24−1.1%+7.6 pts−1.6%
Q2 FY24−3.1%+8.3 pts−3.8%
Q1 FY24−6.0%+5.0 pts−6.1%
Q4 FY23−6.4%+3.7 pts−7.4%
Q3 FY23−8.6%−1.6 pts−9.2%

Against its peers

Companies in Software - Infrastructure nearest Toast's size, closest first, today.

CompanyProfit margin
TOSTToast7.1%
NTNXNutanix52.8%
DTDynatrace7.2%
LDOSLeidos7.8%
PTCPTC41.4%
TYLTyler Technologies13.4%
DOCUDocusign9.8%
GWREGuidewire Software9.4%
GENGen Digital20.7%
GDDYGoDaddy17.8%
CACICaci International5.6%
Peer median11.6%

Where Toast ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Toast

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.