Toast, Inc.

Toast, Inc. reported strong financial performance for fiscal year 2025, achieving total revenue of $6.15 billion and generating net income of $342 million. The company's gross profit reached $1.59 billion with a gross margin of 25.9%, while operating income stood at $292 million. Key drivers included robust operating cash flow of $661 million, supported by significant stock-based compensation expense of $242 million and effective working capital management. The balance sheet remained healthy with total assets of $3.15 billion, including $1.35 billion in cash and cash equivalents, and stockholders' equity of $2.12 billion. The company demonstrated solid profitability with basic and diluted earnings per share of $1.00, reflecting improved operational efficiency and financial stability.

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