Toast (TOST) Revenue & Revenue Breakdown
Toast Revenue Highlights
Latest Revenue (Y)
$3.87B
Latest Revenue (Q)
$1.24B
Main Segment (Y)
Technology Service
Toast Revenue by Period
Toast Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $3.87B | 41.52% |
| 2022-12-31 | $2.73B | 60.18% |
| 2021-12-31 | $1.71B | 107.14% |
| 2020-12-31 | $823.13M | 23.78% |
| 2019-12-31 | $665.00M | - |
Toast generated $3.87B in revenue during NA 2023, up 41.52% compared to the previous quarter, and up 0.00% compared to the same period a year ago.
Toast Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.24B | 15.53% |
| 2024-03-31 | $1.07B | 3.76% |
| 2023-12-31 | $1.04B | 0.39% |
| 2023-09-30 | $1.03B | 5.52% |
| 2023-06-30 | $978.00M | 19.41% |
| 2023-03-31 | $819.00M | 6.50% |
| 2022-12-31 | $769.00M | 2.26% |
| 2022-09-30 | $752.00M | 11.41% |
| 2022-06-30 | $675.00M | 26.17% |
| 2022-03-31 | $535.00M | 4.49% |
| 2021-12-31 | $512.00M | 5.27% |
| 2021-09-30 | $486.38M | 14.17% |
| 2021-06-30 | $426.00M | 51.06% |
| 2021-03-31 | $282.00M | 16.27% |
| 2020-12-31 | $242.53M | 2.44% |
| 2020-09-30 | $236.76M | 63.06% |
| 2020-06-30 | $145.19M | -15.55% |
| 2020-03-31 | $171.92M | - |
Toast generated $1.24B in revenue during Q2 2024, up 15.53% compared to the previous quarter, and up 151.65% compared to the same period a year ago.
Toast Revenue Breakdown
Toast Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 23 | Dec 22 | Dec 21 |
|---|---|---|---|
| Technology Service | $3.19B | $2.27B | $1.41B |
| License | $500.00M | $324.00M | $169.00M |
| Product | - | $113.00M | $112.00M |
| Professional Services | - | $26.00M | $18.00M |
Toast's latest annual revenue breakdown by segment (product or service), as of Dec 23: Technology Service (86.45%), and License (13.55%).
Quarterly Revenue by Product
| Product/Service | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Technology Service | $873.00M | $852.00M | $856.00M | $808.00M | $673.00M | $640.00M | $628.00M | $562.00M | $438.00M | $422.30M | $404.22M |
| License | $151.00M | $141.00M | $131.00M | $121.00M | $107.00M | $94.00M | $90.00M | $76.00M | $63.00M | $55.16M | $45.80M |
| Professional Services | - | - | $11.00M | $8.00M | $8.00M | $7.00M | $7.00M | $7.00M | $5.00M | $5.42M | $5.30M |
| Product | - | - | $34.00M | $41.00M | $31.00M | $27.00M | $27.00M | $30.00M | $29.00M | $32.00M | $31.05M |
Toast's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Technology Service (85.25%), and License (14.75%).
Toast Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ADBE | Adobe | $19.41B | $5.31B |
| PANW | Palo Alto Networks | $8.03B | $1.98B |
| TOST | Toast | $3.87B | $1.24B |
| CRWD | CrowdStrike | $3.06B | $963.87M |
| PLTR | Palantir | $2.23B | $678.13M |
| ZS | Zscaler | $2.17B | $553.20M |
| NTNX | Nutanix | $1.86B | $524.58M |
| PATH | UiPath | $1.31B | $316.25M |
| NET | Cloudflare | $1.30B | $401.00M |
| OKTA | Okta | $2.26M | $646.00K |
TOST Revenue FAQ
What is Toast’s yearly revenue?
Toast's yearly revenue for 2023 was $3.86B, representing an increase of 41.52% compared to 2022. The company's yearly revenue for 2022 was $2.73B, representing an increase of 60.18% compared to 2021. TOST's yearly revenue for 2021 was $1.7B, representing an increase of 107.14% compared to 2020.
What is Toast’s quarterly revenue?
Toast's quarterly revenue for Q2 2024 was $1.24B, a 15.53% increase from the previous quarter (Q1 2024), and a 26.99% increase year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.08B, a 3.76% increase from the previous quarter (Q4 2023), and a 31.26% increase year-over-year (Q1 2023). TOST's quarterly revenue for Q4 2023 was $1.04B, a 0.39% increase from the previous quarter (Q3 2023), and a 34.72% increase year-over-year (Q4 2022).
What is Toast’s revenue growth rate?
Toast's revenue growth rate for the last 3 years (2021-2023) was 126.69%, and for the last 5 years (2019-2023) was 481.20%.
What are Toast’s revenue streams?
Toast's revenue streams in c 23 are Technology Service, and License. Technology Service generated $3.19B in revenue, accounting 86.45% of the company's total revenue, up 40.61% year-over-year. License generated $500M in revenue, accounting 13.55% of the company's total revenue, up 54.32% year-over-year.
What is Toast’s main source of revenue?
For the fiscal year ending Dec 23, the largest source of revenue of Toast was Technology Service. This segment made a revenue of $3.19B, representing 86.45% of the company's total revenue.