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What changed in Toast, Inc.'s latest annual report

In the year ended 31 Dec 2025, Toast, Inc.'s revenue rose 24.1% to USD 6.15bn, from USD 4.96bn; net income rose 1700% to USD 342.00m, from USD 19.00m; cash and cash equivalents rose 49.8% to USD 1.35bn, from USD 903.00m.

Year ended 31 Dec 2025. Source: 10-K filed 18 Feb 2026, read it on SEC EDGAR.

USD 4.96bn to USD 6.15bn

Revenue, up 24.1% year on year

The figures, year on year

Annual figures as reported to the SEC, in US dollars. Changes are calculated from the two values.
ItemYear beforeLatest yearChange
Revenue4.96bn6.15bnUp 24.1%
Net income19.00m342.00mUp 1700%
Total assets2.41bn3.15bnUp 30.6%
Total liabilities863.00m1.02bnUp 18.3%
Cash and cash equivalents903.00m1.35bnUp 49.8%
Shareholders' equity1.54bn2.12bnUp 37.5%

Questions people ask

Did Toast, Inc.'s revenue grow last year?

Revenue grew 24.1%, from USD 4.96bn to USD 6.15bn in the year ended 31 Dec 2025.

Is Toast, Inc. profitable?

Yes. Net income was USD 342.00m in the year ended 31 Dec 2025. The year before: USD 19.00m.

How much cash and debt does Toast, Inc. have?

At its latest year end (31 Dec 2025), Toast, Inc. reported cash and cash equivalents of USD 1.35bn.

Where do these numbers come from?

From Toast, Inc.'s own annual filings with the SEC. Each change is calculated from the reported figures; nothing is estimated.

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Toast, Inc. (TOST) 10-K: what changed year on year | LYNORIQ Insights