Cost of revenue · 2019–2025

Toast cost of revenue

$4.6B+21.0% · FY2025

Toast (TOST) reported $4.6B in cost of revenue for fiscal 2025, +21.0% year on year.

$603M2019$683M2020$1.4B2021$2.2B2022$3.0B2023$3.8B2024$4.6B2025
Toast — Cost of revenue, 2019–2025
Fiscal yearCost of revenueChangeFiling
FY20252025-12-31$4.6B+21.0%Open →
FY20242024-12-31$3.8B+24.4%Open →
FY20232023-12-31$3.0B+36.5%Open →
FY20222022-12-31$2.2B+59.6%Open →
FY20212021-12-31$1.4B+103.7%Open →
FY20202020-12-31$683M+13.3%Open →
FY20192019-12-31$603M—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2019–2025 compound annual growth +40.1%

Cost of revenue at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Toast cost of revenue |url=https://companiesranked.com/en/company/toast/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Toast cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/toast/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-toast-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Toast cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/toast/cost-of-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001650164-26-000057 · February 18, 2026

{{cite web |title=Toast cost of revenue — 10-K (0001650164-26-000057) |url=https://www.sec.gov/Archives/edgar/data/1650164/000165016426000057/tost-20251231.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-02-18}}

The figures are rebuilt with every data refresh, so the reference carries the publication date. Add your own access date if your style requires one.

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