Flagship explainer
How Toast, Inc. makes its money
Start with a dollar of revenue and follow what the filing says remains.
Honest partial: the filing did not provide a normalized tag for Research and development, Selling, general and administrative; those components are omitted, not plugged.
| Filed line | Value | % of revenue | Source |
|---|---|---|---|
| $6.2B | 100% |
| |
| Cost of revenue | $4.6B | 74% |
|
| $1.6B | 26% |
| |
| $292M | 5% |
| |
| Income before tax | $346M | 6% |
|
| Income tax | $4M | 0% |
|
| $342M | 6% |
|
Source:
- SEC filing · FY 2025Filing detailsAccession 0001650164-26-000057