Filing Flows › Toast (TOST) › Gross margin
Toast (TOST) gross margin by quarter
Toast's gross margin was 27.4% in Q3 2026 (third quarter 2026), +0.4 pts from Q2 2026. Over the last 7 quarters it ranged from 25.3% (Q2 2025) to 27.4% (Q1 2026).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 27.4% | +0.4 pts | +1.0 pts |
| Q2 2026 | 27.0% | -0.4 pts | +1.8 pts |
| Q1 2026 | 27.4% | +1.5 pts | +1.5 pts |
| Q4 2025 | 25.9% | -0.6 pts | — |
| Q3 2025 | 26.5% | +1.2 pts | — |
| Q2 2025 | 25.3% | -0.6 pts | — |
| Q1 2025 | 25.9% | — | — |
Q3 2026 at a glance
Toast, Q3 2026: revenue $2.0B (+21% year over year), operating margin 8.3%, net earnings $169M, operating cash flow $198M. The chart follows the revenue to costs, profit and cash.
Questions
What is Toast's gross margin?
Toast's gross margin was 27.4% in Q3 2026 (third quarter 2026), +0.4 pts from Q2 2026.
How has Toast's gross margin changed?
Over the last 7 quarters it ranged from 25.3% (Q2 2025) to 27.4% (Q1 2026).