v3.26.1
Segment Information
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
The Company has one reportable segment, Toast, Inc. The following table sets out the Company’s measure of profit and significant segment expenses (in millions):

Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Revenue$1,908 $1,550 $3,538 $2,887 
Costs of revenue(1)
(1,385)(1,148)(2,561)(2,128)
Sales and marketing(1)
(152)(126)(294)(243)
Research and development(1)
(86)(69)(160)(131)
General and administrative(1)
(75)(62)(145)(126)
Stock-based compensation and related payroll taxes(58)(64)(116)(128)
Other items(2)
2 (1)18 5 
Net income
$154 $80 $280 $136 
(1) These expenses exclude stock-based compensation and related payroll taxes. Stock-based compensation and related payroll taxes are presented separately as an additional significant segment expense, which consist of both stock-based compensation (refer to Note 7, “Stockholders’ Equity” for tabular disclosure of amounts included within other significant segment expenses) and the corresponding payroll taxes.
(2) Other items include restructuring expenses, interest income, net, change in fair value of warrant liability, and income tax (expense) benefit.