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Toast (TOST) Revenue & Revenue Breakdown

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Toast Revenue Highlights

Latest Revenue (Y)

$3.87B

Latest Revenue (Q)

$1.30B

Main Segment (Y)

Technology Service

Toast Revenue by Period

Toast Revenue by Year

DateRevenueChange
2023-12-31$3.87B41.52%
2022-12-31$2.73B60.18%
2021-12-31$1.71B107.14%
2020-12-31$823.13M23.78%
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

DateRevenueChange
2024-09-30$1.30B5.07%
2024-06-30$1.24B15.53%
2024-03-31$1.07B3.76%
2023-12-31$1.04B0.39%
2023-09-30$1.03B5.52%
2023-06-30$978.00M19.41%
2023-03-31$819.00M6.50%
2022-12-31$769.00M2.26%
2022-09-30$752.00M11.41%
2022-06-30$675.00M26.17%
2022-03-31$535.00M4.49%
2021-12-31$512.00M5.27%
2021-09-30$486.38M14.17%
2021-06-30$426.00M51.06%
2021-03-31$282.00M16.27%
2020-12-31$242.53M2.44%
2020-09-30$236.76M63.06%
2020-06-30$145.19M-15.55%
2020-03-31$171.92M-

Toast generated $1.30B in revenue during Q3 2024, up 5.07% compared to the previous quarter, and up 133.44% compared to the same period a year ago.

Toast Revenue Breakdown

Toast Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
License$500.00M$324.00M$169.00M
Technology Service$3.19B$2.27B$1.41B
Professional Services-$26.00M$18.00M
Product-$113.00M$112.00M

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/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
Technology Service$1.07B$873.00M$852.00M$856.00M$808.00M$673.00M$640.00M$628.00M$562.00M$438.00M$422.30M$404.22M
License$189.00M$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 Sep 24: Technology Service (84.95%), and License (15.05%).

Toast Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
ADBEAdobe$19.41B$5.41B
PANWPalo Alto Networks$8.03B$1.98B
TOSTToast$3.87B$1.30B
CRWDCrowdStrike$3.06B$963.87M
PLTRPalantir$2.23B$725.52M
ZSZscaler$2.17B$553.20M
NTNXNutanix$2.15B$524.58M
PATHUiPath$1.31B$316.25M
NETCloudflare$1.30B$430.08M
OKTAOkta$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 Q3 2024 was $1.3B, a 5.07% increase from the previous quarter (Q2 2024), and a 26.45% increase year-over-year (Q3 2023). The company'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). TOST'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).

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 License, and Technology Service. License generated $500M in revenue, accounting 13.55% of the company's total revenue, up 54.32% year-over-year. Technology Service generated $3.19B in revenue, accounting 86.45% of the company's total revenue, up 40.61% 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.