| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net income (loss) | 241 | 136 | 56 | -13 |
| Depreciation and amortization | 48 | 35 | 19 | 35 |
| Stock-based compensation expense | 186 | 120 | 60 | 193 |
| Amortization of deferred contract acquisition costs | 73 | 48 | 23 | 59 |
| Change in fair value of warrant liability | -2 | 5 | -3 | 37 |
| Credit loss expense | 66 | 40 | 22 | 50 |
| Stock-based charitable contribution expense | 6 | - | - | 5 |
| Asset impairments | 2 | 0 | - | 2 |
| Gain on warrant extinguishment | 0 | - | - | 14 |
| Other non-cash items | -5 | 0 | 0 | 5 |
| Accounts receivable, net | 20 | 16 | 9 | 54 |
| Other current assets | 22 | 10 | 12 | 11 |
| Deferred contract acquisition costs | 109 | 73 | 33 | 95 |
| Inventories, net | -14 | -15 | -7 | -12 |
| Accounts payable | 11 | 13 | 10 | -1 |
| Accrued expenses and other current liabilities | -23 | -3 | -56 | -7 |
| Deferred revenue | 6 | 2 | -1 | 23 |
| Operating lease right-of-use assets and operating lease liabilities, net | -6 | -1 | - | -1 |
| Other assets and liabilities | 9 | 9 | 4 | 2 |
| Net cash provided by operating activities | 467 | 302 | 79 | 213 |
| Cash paid for acquisition, net of cash acquired | - | - | - | 0 |
| Capital expenditures | 37 | 25 | 10 | 41 |
| Purchases of marketable securities | 371 | 281 | 110 | 353 |
| Proceeds from the sale of marketable securities | 135 | 97 | 40 | 80 |
| Maturities of marketable securities | 253 | 193 | 102 | 290 |
| Other investing activities | - | - | - | 0 |
| Net cash used in investing activities | -20 | -16 | 22 | -24 |
| Payments of issuance costs of the revolving credit facility | 3 | 3 | - | - |
| Change in customer funds obligations, net | 49 | 45 | 64 | 40 |
| Proceeds from issuance of common stock | 78 | 40 | 26 | 84 |
| Warrant repurchase | 0 | - | - | 61 |
| Repurchases of class a common stock | 54 | 31 | 17 | 56 |
| Net cash provided by financing activities | 70 | 51 | 73 | 7 |
| Net increase in cash, cash equivalents, cash held on behalf of customers and restricted cash | - | - | 174 | 196 |
| Effect of exchange rate changes on cash and cash equivalents and restricted cash | 3 | 3 | - | - |
| Effect of exchange rate changes on cash | - | - | - | 1 |
| Net increase in cash, cash equivalents, cash held on behalf of customers and restricted cash | 520 | 340 | - | - |
| Cash and cash equivalents at beginning of period | 1,085 | 1,085 | 1,085 | 747 |
| Cash and cash equivalents at end of period | 1,605 | 1,425 | 1,259 | 944 |
Toast, Inc. (TOST)
Toast, Inc. (TOST)