TTM
5.6%
YoY change
+4.63pp
Trough year (FY2019)
-32.0%
Peak year (FY2025)
5.0%
Latest annual
5.0%
Operating Margin history chart for Toast (TOST) from 2019 to 2025
Latest: 5.0%
Operating Margin change chart for Toast (TOST) from 2019 to 2025
Latest: +4.63pp
Operating Margin history table for Toast (TOST) from 2019 to 2025
| FY2025 | 5.0% | +4.63pp | ||
| FY2024 | 0.3% | +7.75pp | ||
| FY2023 | -7.4% | +6.64pp | ||
| FY2022 | -14.1% | -0.69pp | ||
| FY2021 | -13.4% | +13.36pp | ||
| FY2020 | -26.7% | +5.30pp | ||
| FY2019 | -32.0% | — |
- FY20255.0%+4.63pp
- FY20240.3%+7.75pp
- FY2023-7.4%+6.64pp
- FY2022-14.1%-0.69pp
- FY2021-13.4%+13.36pp
- FY2020-26.7%+5.30pp
- FY2019-32.0%—
Operating 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 Operating Margin at Toast (TOST)
According to Toast's latest reported financial statements, the company's latest reported operating margin is 5.6%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
Toast (TOST) most recent annual operating margin stands at 4.96% (2025) – expanded 4.6 percentage points year-over-year.
4.96% stands as the all-time-high annual operating margin, posted in 2025, against a low of -32.03% during 2019.
Toast Operating Margin by Year
Toast Operating Margin 2025: 5.0%
Toast posted operating margin of 4.96% in 2025, expanded 4.6 percentage points from 2024. This figure represents the highest annual value in the available history.
Toast Operating Margin 2024: 0.3%
In 2024, Toast reported operating margin of 0.32%, expanded 7.7 percentage points from 2023.
Toast Operating Margin 2023: -7.4%
Toast operating margin in 2023 was -7.43%, expanded 6.6 percentage points from 2022.
Toast Operating Margin 2022: -14.1%
2022's operating margin for Toast came in at -14.06%, contracted 0.7 percentage points from 2021.
Toast Operating Margin 2021: -13.4%
Toast operating margin in 2021 was -13.37%.
See more financial history for Toast (TOST).
Sector peers by Operating Margin
Technology peers of Toast (TOST), ranked by their latest operating margin
| 65.8% | |
| 64.0% | |
| 56.0% | |
| 46.8% | |
| 43.7% | |
| 32.6% | |
| 11.7% |
- 64.0%
- 56.0%
- 46.8%
- 43.7%
- 32.6%
- 11.7%
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