Toast Inc. Class A Common Stock (TOST)
TurnaroundFairStock Score: 50/100 — MIXED
Key Financials
| Current Price | $32.71 |
| Market Cap | $19.3B |
| P/E Ratio | 41.41 |
| ROE | 25.16% |
| Dividend Yield | —% |
| Sector | Technology |
AI Analysis
AI-generated, general educational analysis — not personal investment advice.
Toast is a young technology company selling software and point-of-sale tools to restaurants. Since 2023, it has moved from losses to profits: in fiscal 2023, the year ended 2023-12-31, it reported revenue of $3.9B and net income of -$246.0M; in fiscal 2024, revenue of $5.0B and net income of $19.0M; and in fiscal 2025, revenue of $6.2B and net income of $342.0M. In fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $1.9B and net income was $154.0M, with diluted EPS of $0.26. That is real progress, and the balance sheet looks conservative: D/E is 0.01 and Altman Z-Score is 10.53. FairStock's ROE of 25.16% is impressive, though FairStock's ROCE of 8.95% tells me the capital returns are not yet extraordinary after considering all capital.
In plain English: Toast sells cloud software and tools that help restaurants run operations such as point-of-sale, ordering, payroll and inventory. The business has grown fast and swung to profits after earlier losses, and it carries very little debt. But the shares look expensive compared with the profit and net assets the company has reported, so much of the good news may already be reflected in the price.
The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.
Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash
Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)
Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer