Every 10-Q that Toast Inc (TOST) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow TOST and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full TOST filings page.
Toast, Inc. reported strong quarterly growth for the three months ended March 31, 2026, with revenue rising 22% to $1,630 million from $1,337 million a year ago. Net income increased to $126 million, up from $56 million, as operating income expanded to $110 million.
Growth was led by financial technology solutions revenue of $1,323 million (up 22%) and subscription services revenue of $268 million (up 28%), while hardware and professional services declined to $39 million. Gross profit improved to $447 million, compared with $346 million in the prior-year quarter.
Key volume metrics remained robust: Gross Payment Volume reached $51.3 billion, up 22%, and Annualized Recurring Run-Rate rose 26% to $2,151 million. Toast generated $132 million in operating cash flow and $115 million in free cash flow, ending the quarter with $1,770 million in cash and marketable securities plus $347 million of undrawn credit capacity.
The company continued returning capital, repurchasing $327 million of Class A common stock in the quarter and an additional $51 million after March 31, 2026, leaving $208 million authorized as of May 6, 2026. Management also highlighted ongoing investment in R&D and sales while maintaining effective disclosure controls and one reportable operating segment.
Toast, Inc. reported strong Q3 performance with revenue of $1,633 million, up 25% year over year, driven by growth in subscription services and financial technology solutions. Net income was $105 million, and diluted EPS was $0.16, reflecting improved operating leverage as gross profit rose to $432 million.
Key operating metrics continued to scale: Gross Payment Volume reached $51.5 billion in the quarter (up 24%), and ARR was $2,016 million as of September 30, 2025 (up 30%). Adjusted EBITDA was $176 million for the quarter and $470 million year-to-date, highlighting expanded profitability after excluding non-cash and one-time items.
Liquidity strengthened, with cash and cash equivalents of $1,357 million and marketable securities of $500 million, plus $346 million available under the credit facility. Year-to-date, operating cash flow was $467 million and free cash flow was $430 million. The company repurchased $23 million of Class A stock in Q3 and $54 million year-to-date, with approximately $140 million remaining under the authorization.