Toast, Inc.
TOSTFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
4,960
Cost of Revenue
3,770
Gross Profit
1,190
Gross Margin
24.0%
Operating Income
16
Operating Margin
0.3%
Net Income
19
Net Margin
0.4%
EPS (Basic)
$0.03
EPS (Diluted)
$0.03
EBITDA
108
EBITDA Margin
2.2%
2023
12/31/2023
Revenue
3,865
Cost of Revenue
3,031
Gross Profit
834
Gross Margin
21.6%
Operating Income
-287
Operating Margin
-7.4%
Net Income
-246
Net Margin
-6.4%
EPS (Basic)
$-0.47
EPS (Diluted)
$-0.47
EBITDA
-255
EBITDA Margin
-6.6%
2022
12/31/2022
Revenue
2,731
Cost of Revenue
2,220
Gross Profit
511
Gross Margin
18.7%
Operating Income
-384
Operating Margin
-14.1%
Net Income
-275
Net Margin
-10.1%
EPS (Basic)
$-0.72
EPS (Diluted)
$-0.72
EBITDA
-360
EBITDA Margin
-13.2%
2021
12/31/2021
Revenue
1,705
Cost of Revenue
1,391
Gross Profit
314
Gross Margin
18.4%
Operating Income
-228
Operating Margin
-13.4%
Net Income
-487
Net Margin
-28.6%
EPS (Basic)
$-0.97
EPS (Diluted)
$-0.97
EBITDA
-207
EBITDA Margin
-12.1%
2020
12/31/2020
Revenue
823
Cost of Revenue
683
Gross Profit
140
Gross Margin
17.0%
Operating Income
-220
Operating Margin
-26.7%
Net Income
-248
Net Margin
-30.1%
EPS (Basic)
$-0.54
EPS (Diluted)
$-0.54
EBITDA
-209
EBITDA Margin
-25.4%