Toast annual r&d spending
2019
2020
2021
2022
2023
2024
2025
Toast R&D Spending Growth & History (TOST)
Toast's r&d spending was $374.0M for fiscal 2025.
View full Toast company overviewToast annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $374.0M | $23.0M | +6.55% |
| 2024 | 2024-12-31 | $351.0M | −$7.0M | −1.96% |
| 2023 | 2023-12-31 | $358.0M | $76.0M | +26.95% |
| 2022 | 2022-12-31 | $282.0M | $119.0M | +73.01% |
| 2021 | 2021-12-31 | $163.0M | $54.0M | +49.54% |
| 2020 | 2020-12-31 | $109.0M | $45.0M | +70.31% |
| 2019 | 2019-12-31 | $64.0M | — | — |
Toast quarterly r&d spending
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $109.0M | $18.0M | +19.78% |
| Q1 2026 | 2026-03-31 | $97.0M | $13.0M | +15.48% |
| Q4 2025 | 2025-12-31 | $97.0M | $5.0M | +5.43% |
| Q3 2025 | 2025-09-30 | $102.0M | $13.0M | +14.61% |
| Q2 2025 | 2025-06-30 | $91.0M | $4.0M | +4.60% |
| Q1 2025 | 2025-03-31 | $84.0M | $1.0M | +1.20% |
| Q4 2024 | 2024-12-31 | $92.0M | −$2.0M | −2.13% |
| Q3 2024 | 2024-09-30 | $89.0M | $2.0M | +2.30% |
| Q2 2024 | 2024-06-30 | $87.0M | −$5.0M | −5.43% |
| Q1 2024 | 2024-03-31 | $83.0M | −$2.0M | −2.35% |
| Q4 2023 | 2023-12-31 | $94.0M | $15.0M | +18.99% |
| Q3 2023 | 2023-09-30 | $87.0M | $13.0M | +17.57% |
| Q2 2023 | 2023-06-30 | $92.0M | $25.0M | +37.31% |
| Q1 2023 | 2023-03-31 | $85.0M | $23.0M | +37.10% |
| Q4 2022 | 2022-12-31 | $79.0M | $29.0M | +58.00% |
| Q3 2022 | 2022-09-30 | $74.0M | $34.0M | +85.00% |
| Q2 2022 | 2022-06-30 | $67.0M | $17.0M | +34.00% |
| Q1 2022 | 2022-03-31 | $62.0M | $39.0M | +169.57% |
| Q4 2021 | 2021-12-31 | $50.0M | — | — |
| Q3 2021 | 2021-09-30 | $40.0M | $5.7M | +16.71% |
| Q2 2021 | 2021-06-30 | $50.0M | — | — |
| Q1 2021 | 2021-03-31 | $23.0M | — | — |
| Q3 2020 | 2020-09-30 | $34.3M | — | — |
Toast r&d spending trends
Over the last five fiscal years, Toast's r&d spending increased from $109.0M to $374.0M, a change of $265.0M. The latest reported quarter, Q2 2026, shows $109.0M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Toast source filings ↗