Toast (TOST)

Company Profile

Toast is the end-to-end platform built for restaurants of all sizes. Toast provides a single platform of software as a service (SaaS) products and financial technology solutions that give restaurants everything they need to run their business across point of sale, operations, digital ordering and delivery, marketing and loyalty, and team management. By serving as the restaurant operating system across dine-in, takeout, and delivery channels, Toast helps restaurants streamline operations, increase revenue, and deliver amazing guest experiences. Toast proudly serves approximately 48,000 restaurant locations.

Company profile

Ticker

TOST

Exchange

Website

Incorporated

Location

Fiscal year end

Sector

Information > Data Processing, Hosting, and Related Services

Industry (SIC)

Services - Computer Processing & Data Preparation

Automatic Data Processing • DXC Technology • Liberty TripAdvisor Holdings Inc - Series A • Sohu.com • Corelogic • Zynga • Cars.com • Verisk Analytics • Bilibili • Playtika Holding ...

SEC CIK

0001650164

Corporate docs

Underwriting Agreements

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

Toasttab Ireland Limited • Toast Capital LLC • Toast Processing Services LLC • Toast MSC, Inc. • Stratex HoldCo, LLC • OAE Software, LLC • Strategy Execution Partners LLC • xtra CHEF, LLC • Xtrachef Technologies (India) Private Limited • Toast International, Inc. ...

TOST stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Average target

$25.88

Low target

$19.00

High target

$32.00

Latest filings (excl ownership)

View all

10 Nov 22

Toast Announces Third Quarter 2022 Financial Results

12 Aug 22

Toast Announces Second Quarter 2022 Financial Results

11 Aug 22

8-K

Submission of Matters to a Vote of Security Holders

6 Jun 22

S-8

Registration of securities for employees

13 May 22

Toast Announces First Quarter 2022 Financial Results

12 May 22

DEFA14A

Additional proxy soliciting materials

Transcripts

Earnings call transcript

2022 Q3

11 Nov 22

TOST

Earnings call transcript

2022 Q2

12 Aug 22

TOST

Earnings call transcript

2022 Q1

13 May 22

TOST

Earnings call transcript

2021 Q4

16 Feb 22

Latest ownership filings

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Aman Narang

3 Feb 23

James Michael Matlock

3 Feb 23

Christopher P Comparato

Christopher P Comparato

23 Jan 23

James Michael Matlock

19 Jan 23

Financial summary

Financial statements Chart TOST financial data

Quarter (USD)	Sep 22	Jun 22	Mar 22	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	724.00 mm	724.00 mm	724.00 mm	724.00 mm		724.00 mm
Cash burn (monthly)	19.67 mm	51.42 mm	34.00 mm	34.83 mm		13.75 mm
Cash used (since last report)	82.72 mm	216.27 mm	143.01 mm	146.52 mm		57.84 mm
Cash remaining	641.28 mm	507.73 mm	580.99 mm	577.48 mm		666.16 mm
Runway (months of cash)	32.6	9.9	17.1	16.6		48.4

Beta Read what these cash burn values mean

Financial data from Toast earnings reports.

Institutional ownership, Q3 2022

TOST institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	285	238	+19.7%
Opened positions	93	89	+4.5%
Closed positions	46	38	+21.1%
Increased positions	101	70	+44.3%
Reduced positions	50	42	+19.0%

13F shares	Current	Prev Q	Change
Total value	6.62 bn	5.29 bn	+25.1%
Total shares	325.95 mm	299.81 mm	+8.7%
Total puts	1.09 mm	691.50 k	+57.7%
Total calls	1.52 mm	1.12 mm	+35.7%
Total put/call ratio	0.7	0.6	+16.2%

Largest owners	Shares	Value	Change
Deer X & Co.	50.73 mm	$1.76 bn	0.0%
T. Rowe Price	34.93 mm	$583.99 mm	-14.3%
Vanguard	27.41 mm	$458.35 mm	+23.6%
HMI Capital	15.79 mm	$263.97 mm	0.0%
Durable Capital Partners	14.71 mm	$245.87 mm	+85.1%
Generation Investment Management	14.63 mm	$244.64 mm	+45.1%
FMR	12.61 mm	$210.79 mm	+109.7%
BLK Blackrock	10.81 mm	$180.68 mm	+4.6%
Tiger Global Management	9.90 mm	$165.53 mm	-32.6%
GV 2014	9.50 mm	$329.64 mm	0.0%

Largest transactions	Shares	Bought/sold	Change
T. Rowe Price Investment Management	7.95 mm	+7.95 mm	NEW
Lead Edge Capital Management	0.00	-7.76 mm	EXIT
Durable Capital Partners	14.71 mm	+6.76 mm	+85.1%
FMR	12.61 mm	+6.59 mm	+109.7%
T. Rowe Price	34.93 mm	-5.83 mm	-14.3%
Vanguard	27.41 mm	+5.23 mm	+23.6%
Tiger Global Management	9.90 mm	-4.79 mm	-32.6%
Citadel Advisors	1.50 mm	-4.68 mm	-75.7%
Generation Investment Management	14.63 mm	+4.55 mm	+45.1%
STT State Street	0.00	-3.07 mm	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

TOST insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
2 Feb 23	Gomez Elena	Class A Common Stock	Sell	Dispose S	No	No	24.205	1,248	30.21 k	104,508
2 Feb 23	Stephen Fredette	Class A Common Stock	Sell	Dispose S	No	No	24.205	1,125	27.23 k	3,657,787
2 Feb 23	Brian R Elworthy	Class A Common Stock	Sell	Dispose S	No	No	24.205	688	16.65 k	368,214
2 Feb 23	Christopher P Comparato	Class A Common Stock	Sell	Dispose S	No	No	24.205	2,327	56.33 k	176,561
2 Feb 23	James Michael Matlock	Class A Common Stock	Sell	Dispose S	No	No	24.205	5,584	135.16 k	42,238
1 Feb 23	Gomez Elena	Class A Common Stock	Option exercise	Acquire M	No	No	0	3,913	0.00	105,756
1 Feb 23	Gomez Elena	RSU Class A Common Stock	Option exercise	Dispose M	No	No	0	3,913	0.00	46,947
1 Feb 23	Stephen Fredette	Class A Common Stock	Option exercise	Acquire M	No	No	0	3,521	0.00	3,658,912
1 Feb 23	Stephen Fredette	RSU Class A Common Stock	Option exercise	Dispose M	No	No	0	3,521	0.00	42,252
1 Feb 23	Brian R Elworthy	Class A Common Stock	Option exercise	Acquire M	No	No	0	2,151	0.00	368,902