Filing Flows › Toast (TOST) › Operating margin
Toast (TOST) operating margin by quarter
Toast's operating margin was 8.3% in Q3 2026 (third quarter 2026), +0.4 pts from Q2 2026. Over the last 7 quarters it ranged from 3.2% (Q1 2025) to 8.3% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 8.3% | +0.4 pts | +3.2 pts |
| Q2 2026 | 8.0% | +1.2 pts | +2.8 pts |
| Q1 2026 | 6.7% | +1.5 pts | +3.5 pts |
| Q4 2025 | 5.2% | +0.1 pts | — |
| Q3 2025 | 5.1% | -0.0 pts | — |
| Q2 2025 | 5.2% | +1.9 pts | — |
| Q1 2025 | 3.2% | — | — |
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 operating margin?
Toast's operating margin was 8.3% in Q3 2026 (third quarter 2026), +0.4 pts from Q2 2026.
How has Toast's operating margin changed?
Over the last 7 quarters it ranged from 3.2% (Q1 2025) to 8.3% (Q3 2026).