TTM
26.2%
YoY change
+1.77pp
Trough year (FY2019)
9.3%
Peak year (FY2025)
25.8%
Latest annual
25.8%
Gross Margin history chart for Toast (TOST) from 2019 to 2025
Latest: 25.8%
Gross Margin change chart for Toast (TOST) from 2019 to 2025
Latest: +1.77pp
Gross Margin history table for Toast (TOST) from 2019 to 2025
| FY2025 | 25.8% | +1.77pp | ||
| FY2024 | 24.0% | +2.41pp | ||
| FY2023 | 21.6% | +2.87pp | ||
| FY2022 | 18.7% | +0.29pp | ||
| FY2021 | 18.4% | +1.41pp | ||
| FY2020 | 17.0% | +7.69pp | ||
| FY2019 | 9.3% | — |
- FY202525.8%+1.77pp
- FY202424.0%+2.41pp
- FY202321.6%+2.87pp
- FY202218.7%+0.29pp
- FY202118.4%+1.41pp
- FY202017.0%+7.69pp
- FY20199.3%—
Gross Margin values are taken from Toast's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Toast (TOST)
According to Toast's latest reported financial statements, the company's latest reported gross margin is 26.2%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of Toast (TOST) gross margin is 25.76% – expanded 1.8 percentage points year-over-year.
Across the available history, gross margin reached its high of 25.76% in 2025 and its low of 9.32% in 2019.
Toast Gross Margin by Year
Toast Gross Margin 2025: 25.8%
2025's gross margin for Toast came in at 25.76%, expanded 1.8 percentage points from 2024. This figure represents the highest annual value in the available history.
Toast Gross Margin 2024: 24.0%
Toast posted gross margin of 23.99% in 2024, expanded 2.4 percentage points from 2023.
Toast Gross Margin 2023: 21.6%
In 2023, Toast reported gross margin of 21.58%, expanded 2.9 percentage points from 2022.
Toast Gross Margin 2022: 18.7%
Toast gross margin in 2022 was 18.71%, expanded 0.3 percentage points from 2021.
Toast Gross Margin 2021: 18.4%
Toast gross margin in 2021 was 18.42%.
See more financial history for Toast (TOST).
Sector peers by Gross Margin
Technology peers of Toast (TOST), ranked by their latest gross margin
| 74.1% | |
| 72.6% | |
| 67.9% | |
| 67.0% | |
| 64.2% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 67.9%
- 67.0%
- 64.2%
- 50.3%
- 47.9%
Frequently asked questions
Toast (TOST) Key Financials
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How this company returns cash to shareholders — buybacks, dividends, and stock splits.