Toast, Inc. (TOST) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 2.59B | 2.67B | 2.41B | 2.23B | 2.04B | 1.9B | 1.73B | 1.67B | 1.59B | 1.51B | 1.42B | 1.4B | 1.36B | 1.36B | 1.36B | 1.45B | 1.45B | 1.46B | 1.47B | 514.17M |
| Cash & Short-Term Investments | 1.77B | 1.99B | 1.86B | 1.7B | 1.49B | 1.42B | 1.27B | 1.22B | 1.11B | 1.12B | 1.03B | 990M | 950M | 1.02B | 1.05B | 1.18B | 1.21B | 1.27B | 1.3B | 376.15M |
| Cash Only | 1.1B | 1.35B | 1.36B | 1.19B | 1B | 903M | 761M | 691M | 578M | 605M | 514M | 488M | 451M | 547M | 644M | 697M | 757M | 809M | 1.3B | 376.15M |
| Short-Term Investments | 672M | 638M | 500M | 508M | 484M | 514M | 511M | 528M | 537M | 519M | 516M | 502M | 499M | 474M | 409M | 482M | 453M | 457M | 0 | 0 |
| Accounts Receivable | 138M | 127M | 121M | 121M | 118M | 115M | 174M | 171M | 157M | 127M | 95M | 115M | 97M | 77M | 78M | 68M | 56M | 55M | 53.14M | 49.07M |
| Days Sales Outstanding | 7.32 | 6.99 | 6.82 | 7.02 | 7.84 | 9.94 | 12.16 | 12.02 | 12.02 | 9.86 | 9.36 | 9.86 | 9.56 | 9.28 | 8.93 | 8.36 | 9.34 | 9.66 | 9.67 | 42.04 |
| Inventory | 136M | 114M | 104M | 103M | 111M | 118M | 106M | 110M | 120M | 124M | 108M | 120M | 128M | 130M | 119M | 88M | 76M | 63M | 53.96M | 47.18M |
| Days Inventory Outstanding | 9.51 | 8.29 | 7.93 | 8.41 | 10.4 | 10.25 | 10.11 | 10.95 | 13.44 | 13.18 | 13.01 | 14.65 | 18 | 18.78 | 15.84 | 13.28 | 14.02 | 12.26 | 11.54 | 51.1 |
| Other Current Assets | 548M | 437M | 289M | 271M | 285M | 251M | 149M | 139M | 162M | 111M | 169M | 154M | 155M | 108M | 95M | 100M | 75M | 41M | 37.42M | 27.08M |
| Total Non-Current Assets | 502M | 476M | 565M | 533M | 519M | 562M | 495M | 483M | 465M | 448M | 410M | 392M | 434M | 398M | 379M | 300M | 289M | 280M | 184.27M | 181.99M |
| Property, Plant & Equipment | 138M | 132M | 123M | 118M | 116M | 123M | 126M | 123M | 116M | 111M | 92M | 86M | 145M | 138M | 128M | 119M | 121M | 120M | 42.38M | 32.91M |
| Fixed Asset Turnover | 12.07x | 12.81x | 13.55x | 13.25x | 11.19x | 10.75x | 10.48x | 10.39x | 9.47x | 10.21x | 11.60x | 8.47x | 5.79x | 5.77x | 6.09x | 5.63x | 4.44x | 6.34x | 12.91x | 12.95x |
| Goodwill | 113M | 113M | 113M | 113M | 113M | 113M | 113M | 113M | 113M | 113M | 113M | 113M | 113M | 0 | 107M | 74M | 74M | 74M | 74.74M | 74.74M |
| Intangible Assets | 13M | 14M | 16M | 17M | 19M | 20M | 22M | 23M | 25M | 26M | 28M | 30M | 31M | 136M | 31M | 13M | 15M | 16M | 17.19M | 28.82M |
| Long-Term Investments | 0 | 71M | 76M | 63M | 67M | 59M | 56M | 58M | 57M | 55M | 49M | 43M | 36M | 28M | 19M | 14M | 11M | 8M | 2.69M | 1.67M |
| Other Non-Current Assets | 238M | 146M | 237M | 222M | 204M | 192M | 178M | 166M | 154M | 143M | 128M | 120M | 109M | 96M | 94M | 80M | 68M | 62M | 47.27M | 43.85M |
| Total Assets | 3.09B | 3.15B | 2.97B | 2.77B | 2.56B | 2.46B | 2.23B | 2.15B | 2.05B | 1.96B | 1.83B | 1.79B | 1.79B | 1.76B | 1.74B | 1.75B | 1.73B | 1.74B | 1.66B | 696.16M |
| Asset Turnover | 0.52x | 0.53x | 0.57x | 0.58x | 0.53x | 0.57x | 0.60x | 0.59x | 0.54x | 0.55x | 0.57x | 0.54x | 0.46x | 0.44x | 0.43x | 0.39x | 0.31x | 0.30x | 0.41x | 0.61x |
| Asset Growth % | 20.67% | 27.69% | 33.41% | 28.4% | 24.95% | 25.79% | 21.43% | 20.06% | 14.32% | 11.19% | 5.34% | 2.57% | 3.52% | 1.5% | 5.05% | 151.38% | - | - | - | - |
| Total Current Liabilities | 1.06B | 969M | 911M | 894M | 844M | 811M | 748M | 736M | 713M | 663M | 574M | 584M | 538M | 496M | 457M | 457M | 404M | 352M | 286.78M | 252.6M |
| Accounts Payable | 70M | 47M | 50M | 49M | 48M | 37M | 30M | 33M | 49M | 32M | 27M | 42M | 36M | 30M | 28M | 37M | 29M | 40M | 33.7M | 25.31M |
| Days Payables Outstanding | 4.45 | 3.69 | 3.79 | 3.81 | 3.86 | 3.07 | 2.95 | 3.9 | 4.46 | 3.35 | 3.94 | 4.61 | 4.6 | 4.37 | 4.97 | 5.34 | 6.96 | 7.72 | 6.74 | 27.42 |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 | 10M | 11M | 11M | 11M | 11M | 10M | 8M | 15M | 14M | 13M | 14M | 18M | 22M | 838K | 910K |
| Deferred Revenue (Current) | 73M | 68M | 63M | 60M | 58M | 59M | 62M | 62M | 50M | 39M | 38M | 41M | 43M | 39M | 40M | 43M | 42M | 44M | 46.87M | 48.38M |
| Other Current Liabilities | 921M | 854M | 690M | 688M | 680M | 579M | 555M | 546M | 550M | 478M | 429M | 415M | 397M | 339M | 324M | 314M | 287M | 203M | 178.69M | 155.22M |
| Current Ratio | 2.44x | 2.75x | 2.64x | 2.50x | 2.42x | 2.34x | 2.32x | 2.27x | 2.23x | 2.28x | 2.48x | 2.40x | 2.53x | 2.75x | 2.98x | 3.17x | 3.58x | 4.13x | 5.14x | 2.04x |
| Quick Ratio | 2.31x | 2.64x | 2.53x | 2.38x | 2.29x | 2.20x | 2.17x | 2.12x | 2.06x | 2.09x | 2.29x | 2.20x | 2.29x | 2.49x | 2.72x | 2.98x | 3.39x | 3.95x | 4.95x | 1.85x |
| Cash Conversion Cycle | 12.38 | 11.59 | 10.95 | 11.61 | 14.38 | 17.12 | 19.32 | 19.06 | 21 | 19.68 | 18.43 | 19.91 | 22.96 | 23.69 | 19.8 | 16.29 | 16.4 | 14.2 | 14.48 | 65.73 |
| Total Non-Current Liabilities | 40M | 52M | 46M | 55M | 47M | 107M | 59M | 136M | 136M | 101M | 111M | 132M | 159M | 167M | 165M | 143M | 187M | 292M | 361M | 1.06B |
| Long-Term Debt | 17M | 20M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 848.89M |
| Capital Lease Obligations | 0 | 20M | 18M | 19M | 22M | 24M | 27M | 29M | 30M | 33M | 22M | 25M | 77M | 80M | 81M | 78M | 77M | 77M | 0 | 0 |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 55M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 23M | 12M | 28M | 36M | 25M | 28M | 32M | 107M | 106M | 68M | 75M | 95M | 76M | 80M | 76M | 56M | 102M | 203M | 348.17M | 177.03M |
| Total Liabilities | 1.1B | 1.02B | 957M | 949M | 891M | 918M | 807M | 872M | 849M | 764M | 685M | 716M | 697M | 663M | 622M | 600M | 591M | 644M | 647.78M | 1.31B |
| Total Debt | 17M | 40M | 18M | 19M | 22M | 34M | 38M | 40M | 41M | 44M | 32M | 33M | 92M | 94M | 94M | 92M | 95M | 99M | 838K | 849.8M |
| Net Debt | -1.08B | -1.31B | -1.34B | -1.18B | -983M | -869M | -723M | -651M | -537M | -561M | -482M | -455M | -359M | -453M | -550M | -605M | -662M | -710M | -1.3B | 473.65M |
| Debt / Equity | 0.01x | 0.02x | 0.01x | 0.01x | 0.01x | 0.02x | 0.03x | 0.03x | 0.03x | 0.04x | 0.03x | 0.03x | 0.08x | 0.09x | 0.08x | 0.08x | 0.08x | 0.09x | 0.00x | - |
| Debt / EBITDA | 0.14x | 0.38x | 0.19x | 0.20x | 0.35x | 0.79x | 0.83x | 2.35x | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -9.01x | -12.39x | -13.80x | -12.24x | -15.85x | -20.21x | -15.72x | -38.29x | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.49x | -222.67x | -22.17x |
| Total Equity | 1.99B | 2.12B | 2.01B | 1.82B | 1.67B | 1.54B | 1.42B | 1.28B | 1.2B | 1.19B | 1.15B | 1.08B | 1.1B | 1.1B | 1.12B | 1.15B | 1.14B | 1.09B | 1.01B | -615.15M |
| Equity Growth % | 18.95% | 37.48% | 41.83% | 41.7% | 39.07% | 29.4% | 23.59% | 18.91% | 9.56% | 8.74% | 2.68% | -6.17% | -3.94% | 0.64% | 10.85% | 286.95% | - | - | - | - |
| Book Value per Share | 3.31 | 3.50 | 3.31 | 3.00 | 2.77 | 2.58 | 2.41 | 2.19 | 2.20 | 2.21 | 2.14 | 2.04 | 2.09 | 2.12 | 2.18 | 2.26 | 2.25 | 2.16 | 2.01 | -1.23 |
| Total Shareholders' Equity | 1.99B | 2.12B | 2.01B | 1.82B | 1.67B | 1.54B | 1.42B | 1.28B | 1.2B | 1.19B | 1.15B | 1.08B | 1.1B | 1.1B | 1.12B | 1.15B | 1.14B | 1.09B | 1.01B | -615.15M |
| Common Stock | 11M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Retained Earnings | -1.14B | -1.26B | -1.36B | -1.47B | -1.55B | -1.6B | -1.64B | -1.69B | -1.71B | -1.62B | -1.59B | -1.56B | -1.46B | -1.38B | -1.28B | -1.18B | -1.13B | -1.1B | -1.1B | -850.52M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -665K | -665K |
| Accumulated OCI | -1M | 2M | 3M | 2M | 0 | -1M | 3M | -1M | -1M | 0 | -2M | -2M | 0 | -2M | -4M | -5M | -3M | -1M | 45K | 114K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |