Financial Statements — TOST
Balance Sheet
(in billions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 | Q2
2024 | Q1
2024 | Q3
2023 | Q2
2023 | Q1
2023 | Q3
2022 | Q2
2022 | Q1
2022 | Q3
2021 |
|---|
| Cash & Equivalents | 1.01 | 1.10 | 1.36 | 1.19 | 1.00 | 0.76 | 0.69 | 0.58 | 0.51 | 0.49 | 0.45 | 0.64 | 0.70 | 0.76 | 1.30 |
| Accounts Receivable | 0.14 | 0.14 | 0.12 | 0.12 | 0.12 | 0.11 | 0.10 | 0.09 | 0.10 | 0.12 | 0.10 | 0.08 | 0.07 | 0.06 | 0.05 |
| Inventory | 0.22 | 0.14 | 0.10 | 0.10 | 0.11 | 0.11 | 0.11 | 0.12 | 0.10 | 0.11 | 0.11 | 0.10 | 0.06 | 0.04 | 0.04 |
| Total Current Assets | 2.65 | 2.59 | 2.50 | 2.32 | 2.12 | 1.80 | 1.74 | 1.65 | 1.48 | 1.46 | 1.41 | 1.40 | 1.49 | 1.48 | 1.50 |
| Property, Plant & Equipment | 0.15 | 0.11 | 0.10 | 0.10 | 0.09 | 0.10 | 0.09 | 0.08 | 0.07 | 0.06 | 0.07 | 0.05 | 0.05 | 0.04 | 0.04 |
| Goodwill | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.11 | 0.07 | 0.07 | 0.07 |
| Intangible Assets | 0.01 | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.01 | 0.02 | 0.02 |
| Total Non-current Assets | 0.53 | 0.50 | 0.48 | 0.45 | 0.44 | 0.43 | 0.42 | 0.40 | 0.35 | 0.34 | 0.39 | 0.34 | 0.26 | 0.26 | 0.16 |
| Total Assets | 3.18 | 3.09 | 2.97 | 2.77 | 2.56 | 2.23 | 2.15 | 2.05 | 1.83 | 1.80 | 1.80 | 1.74 | 1.75 | 1.73 | 1.66 |
| Accounts Payable | 0.04 | 0.07 | 0.05 | 0.05 | 0.05 | 0.03 | 0.03 | 0.05 | 0.03 | 0.04 | 0.04 | 0.03 | 0.04 | 0.03 | 0.03 |
| Total Current Liabilities | 1.10 | 1.06 | 0.91 | 0.89 | 0.84 | 0.75 | 0.74 | 0.71 | 0.57 | 0.58 | 0.54 | 0.46 | 0.46 | 0.40 | 0.29 |
| Long-term Debt | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 |
| Total Non-current Liabilities* | 0.03 | 0.04 | 0.05 | 0.06 | 0.05 | 0.06 | 0.14 | 0.14 | 0.11 | 0.13 | 0.16 | 0.17 | 0.14 | 0.19 | 0.36 |
| Total Liabilities | 1.14 | 1.10 | 0.96 | 0.95 | 0.89 | 0.81 | 0.87 | 0.85 | 0.69 | 0.72 | 0.70 | 0.62 | 0.60 | 0.59 | 0.65 |
| Retained Earnings | (0.98) | (1.14) | (1.36) | (1.47) | (1.55) | (1.64) | (1.69) | (1.71) | (1.59) | (1.56) | (1.46) | (1.28) | (1.18) | (1.12) | (1.10) |
| Total Stockholder Equity | 2.05 | 1.99 | 2.01 | 1.82 | 1.67 | 1.42 | 1.28 | 1.20 | 1.15 | 1.08 | 1.10 | 1.12 | 1.15 | 1.14 | 1.01 |
* Derived from reported values
Income Statement
(in billions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Total Revenue | 1.91 | 1.63 | 1.63 | 1.63 | 1.55 | 1.34 | 1.34 | 1.31 | 1.24 | 1.08 | 1.04 | 1.03 | 0.98 | 0.82 | 0.77 | 0.75 | 0.68 | 0.54 | 0.51 | 0.49 |
| Cost of Revenue | 1.39 | 1.18 | 1.21 | 1.20 | 1.16 | 0.99 | 1.00 | 0.98 | 0.96 | 0.83 | 0.81 | 0.81 | 0.77 | 0.65 | 0.61 | 0.60 | 0.56 | 0.45 | 0.44 | 0.40 |
| Gross Profit | 0.52 | 0.45 | 0.42 | 0.43 | 0.39 | 0.35 | 0.33 | 0.32 | 0.29 | 0.25 | 0.23 | 0.23 | 0.21 | 0.17 | 0.16 | 0.15 | 0.11 | 0.09 | 0.08 | 0.08 |
| Research & Development | 0.11 | 0.10 | 0.10 | 0.10 | 0.09 | 0.08 | 0.09 | 0.09 | 0.09 | 0.08 | 0.09 | 0.09 | 0.09 | 0.09 | 0.08 | 0.07 | 0.07 | 0.06 | 0.05 | 0.04 |
| Selling, General & Admin | 0.09 | 0.08 | 0.08 | 0.10 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.07 | 0.09 | 0.10 | 0.10 | 0.08 | 0.09 | 0.08 | 0.07 | 0.06 | 0.08 | 0.04 |
| Total Operating Expenses | 0.36 | 0.34 | 0.34 | 0.35 | 0.31 | 0.30 | 0.30 | 0.29 | 0.28 | 0.31 | 0.28 | 0.28 | 0.29 | 0.27 | 0.26 | 0.24 | 0.21 | 0.19 | 0.19 | 0.14 |
| Operating Income | 0.15 | 0.11 | 0.09 | 0.08 | 0.08 | 0.04 | 0.03 | 0.03 | 0.01 | (0.06) | (0.06) | (0.06) | (0.08) | (0.09) | (0.10) | (0.08) | (0.10) | (0.10) | (0.12) | (0.05) |
| Interest Expense | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -0.00 | 0.00 |
| Pretax Income | 0.16 | 0.13 | 0.10 | 0.10 | 0.08 | 0.06 | 0.03 | 0.06 | 0.01 | (0.08) | (0.04) | (0.03) | (0.10) | (0.08) | (0.10) | (0.10) | (0.05) | (0.02) | 0.00 | (0.25) |
| Tax Provision | 0.01 | 0.01 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | -0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income | 0.15 | 0.13 | 0.10 | 0.11 | 0.08 | 0.06 | 0.03 | 0.06 | 0.01 | (0.08) | (0.04) | (0.03) | (0.10) | (0.08) | (0.10) | (0.10) | (0.05) | (0.02) | 0.00 | (0.25) |
| Basic EPS | 0.27 | 0.21 | 0.17 | 0.18 | 0.14 | 0.10 | 0.05 | 0.10 | 0.03 | (0.15) | (0.06) | (0.06) | (0.19) | (0.15) | (0.19) | (0.19) | (0.11) | (0.05) | 0.54 | (1.05) |
| Diluted EPS | 0.26 | 0.20 | 0.18 | 0.16 | 0.13 | 0.09 | 0.09 | 0.07 | 0.02 | (0.15) | (0.03) | (0.09) | (0.19) | (0.16) | (0.22) | (0.19) | (0.11) | (0.20) | 0.54 | (1.05) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 | Q2
2024 | Q1
2024 | Q4
2023 | Q3
2023 | Q2
2023 | Q1
2023 | Q4
2022 | Q3
2022 | Q2
2022 | Q1
2022 | Q4
2021 | Q3
2021 |
|---|
| Operating Cash Flow | 144.00 | 132.00 | 194.00 | 165.00 | 223.00 | 79.00 | 147.00 | 109.00 | 124.00 | (20.00) | 92.00 | 48.00 | 50.00 | (55.00) | (19.00) | (69.00) | (21.00) | (47.00) | (31.97) | 33.97 |
| Capital Expenditures | 14.00 | 17.00 | 16.00 | 12.00 | 15.00 | 10.00 | 13.00 | 12.00 | 16.00 | 13.00 | -- | 0.00 | 2.00 | 2.00 | 3.00 | 6.00 | 5.00 | 2.00 | 1.43 | 10.57 |
| Free Cash Flow* | 130.00 | 115.00 | 178.00 | 153.00 | 208.00 | 69.00 | 134.00 | 97.00 | 108.00 | (33.00) | -- | 48.00 | 48.00 | (57.00) | (22.00) | (75.00) | (26.00) | (49.00) | (33.40) | 23.40 |
| Investing Cash Flow | (67.00) | (75.00) | (152.00) | (4.00) | (38.00) | 22.00 | (15.00) | 9.00 | (4.00) | (29.00) | (1.00) | (31.00) | (12.00) | (42.00) | (73.00) | 17.00 | (39.00) | (3.00) | (460.58) | (42.42) |
| Financing Cash Flow | (185.00) | (227.00) | (63.00) | 19.00 | (22.00) | 73.00 | 11.00 | (40.00) | (26.00) | 73.00 | 5.00 | 12.00 | (2.00) | 48.00 | 2.00 | (6.00) | 13.00 | 29.00 | 3.09 | 755.91 |
* Derived from reported values
Dividends Per Share
(USD)| Metric | Q3
2021 |
|---|
| Dividends Per Share | 0.00 |
