← Toast, Inc.

Annual Trend FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Cash and cash equivalents $582.0m $809.0m $547.0m $605.0m $903.0m $1.4b
Accounts receivable, net $33.0m $55.0m $77.0m $69.0m $115.0m $127.0m
Inventories, net $19.0m $42.0m $110.0m $118.0m $118.0m $114.0m
Other current assets — — $199.0m $259.0m $325.0m $437.0m
Total current assets $673.0m $1.5b $1.4b $1.6b $2.0b $2.7b
Property and equipment, net $44.0m $41.0m $61.0m $75.0m $98.0m $105.0m
Intangible assets, net $7.0m $16.0m $29.0m $26.0m $20.0m $14.0m
Goodwill $36.0m $74.0m $107.0m $113.0m $113.0m $113.0m
Operating lease right-of-use assets $95.0m $79.0m $77.0m $36.0m $25.0m $27.0m
Marketable securities $0 $457.0m $474.0m $519.0m $514.0m $638.0m
Restricted cash $1.0m $8.0m $28.0m $55.0m $59.0m $71.0m
Other non-current assets $1.0m $6.0m $14.0m $83.0m $118.0m $146.0m
Deferred revenue $43.0m $44.0m $39.0m $39.0m $59.0m $68.0m
Accrued expenses and other current liabilities $63.0m $246.0m $413.0m $592.0m $715.0m $854.0m
Operating lease liabilities, non-current — $77.0m $80.0m $33.0m $24.0m $20.0m
Total non-current assets $103.0m $250.0m $354.0m $388.0m $433.0m $476.0m
Total stockholders’ equity ($471.0m) $1.1b $1.1b $1.2b $1.5b $2.1b
Total assets $776.0m $1.7b $1.8b $2.0b $2.4b $3.1b
Total liabilities and stockholders’ equity $776.0m $1.7b $1.8b $2.0b $2.4b $3.1b
Accounts payable $30.0m $40.0m $30.0m $32.0m $37.0m $47.0m
Total current liabilities $136.0m $352.0m $496.0m $663.0m $811.0m $969.0m
Other long-term liabilities $7.0m $22.0m $12.0m $4.0m $6.0m $13.0m
Total liabilities $398.0m $644.0m $663.0m $764.0m $863.0m $1.0b
Warrants to purchase common stock $11.0m $181.0m $68.0m $64.0m $22.0m $19.0m
Preferred Stock - par value $0.000001; 100 million shares authorized, no shares issued or outstanding 0 0 0 0 0 0
Common stock, $0.000001 par value: Class A - 7,000 million shares authorized; 523 million and 491 million issued and outstanding as of December 31, 2025 and 2024, respectively; Class B - 700 million shares authorized; 66 million and 81 million issued and outstanding as of December 31, 2025 and 2024, respectively 0 0 0 0 0 0
Accumulated other comprehensive income (loss) $0 ($1.0m) ($2.0m) $0 ($1.0m) $2.0m
Additional paid-in capital $145.0m $2.2b $2.5b $2.8b $3.1b $3.4b
Accumulated deficit ($616.0m) ($1.1b) ($1.4b) ($1.6b) ($1.6b) ($1.3b)

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.