13FPulse
TO

TOST TOAST INC-CLASS A

2026Q2 · CUSIP 888787108 · Enterprise Software Fintech & Payments · Sector: Technology

Normal

Fund flows are within the usual range

Funds that own it
752
Institutions that reported holding it to the SEC
Net decrease in holders
5
Last quarter 757 → now 752
How unusual is that
Below average
Stronger than only 20% of US stocks
What the filings say, in one paragraph

752 funds held TOST at the end of 2026Q2, down 5 from the quarter before. Fund flows are within the usual range — nothing unusual. On the business itself, revenue over the last 12 months was $6.8B(YoY +23.0%), the P/E is 42.6x, return on equity is 23.8%. TOST has had 14 buying rushes in its history, and the price moved +4.9% on average over the six months after (that is the raw price move, not how much it beat the market by). It sits in the Technology sector, tagged Enterprise Software / Fintech & Payments.

How many funds owned it, quarter by quarter

Bars = net change in institutional holders, positive (green) or negative (red). Line = total institutional holders.

2021Q4: holders=159 2022Q1: holders=181 2022Q2: holders=237 2022Q3: holders=283 2022Q4: holders=344 2023Q1: holders=363 2023Q2: holders=393 2023Q3: holders=415 2023Q4: holders=440 2024Q1: holders=474 2024Q2: holders=506 2024Q3: holders=517 2024Q4: holders=634 2025Q1: holders=661 2025Q2: holders=751 2025Q3: holders=739 2025Q4: holders=801 2026Q1: holders=757 2026Q2: holders=752 -117 -58.5 +0 +58.5 +117 143493842 21Q422Q222Q423Q223Q424Q224Q425Q225Q426Q2 Net change in holders (bars) Total funds holding (line)

What happened after each past buying rush 14 times in its history

Quarter of the rush How unusual then Price, next 3 months Price, next 6 months
2025Q4 Top 10% -2.2% -15.6%
2025Q2 Top 5% -16.2% -15.5%
2025Q1 Top 10% -2.4% -6.0%
2024Q4 Top 5% -15.4% +10.4%
2024Q2 Top 10% +15.4% +63.1%
2024Q1 Top 10% -4.9% -7.7%
2023Q3 Top 10% +22.9% +52.8%
2023Q2 Top 10% -21.4% -36.9%

These are the raw price moves, not how much it beat the market by. Compare them against the market over the same months — in a strong bull market almost everything is up.

Show all the numbers (large funds, value held, options…) ▾
Of them, large funds
270
Change in large funds
+16
Total value they hold
$13.3B
Funds buying for the first time
127
Funds that sold out entirely
132
Price change that quarter
+50.4%
Funds holding puts (bearish)
22
Funds holding calls (bullish)
23

These are for people who want to dig. Skip them if they do not mean anything to you — the three numbers above are enough.

8,697 institutions have filed for this quarter. 13F permits late filing and a small number arrive in the weeks after the deadline, so the holder counts and changes below may tick up.

Fundamentals

PE (TTM)
42.6
EPS (TTM)
$0.80
EPS YoY
+110.5%
Revenue (TTM)
$6.8B
Revenue YoY
+23.0%
Net margin
7.1%
ROE
23.8%
Debt ratio
35.7%
FCF (TTM)
$576M
Dividend (TTM)
No dividend
Quarterly Revenue & EPS
2022-03-31: EPS -0.20 2022-06-30: EPS -0.11 2022-09-30: EPS -0.19 2022-12-31: EPS -0.22 2023-03-31: EPS -0.16 2023-06-30: EPS -0.19 2023-09-30: EPS -0.09 2023-12-31: EPS -0.03 2024-03-31: EPS -0.15 2024-06-30: EPS 0.02 2024-09-30: EPS 0.07 2024-12-31: EPS 0.09 2025-03-31: EPS 0.09 2025-06-30: EPS 0.13 2025-09-30: EPS 0.16 2025-12-31: EPS 0.18 2026-03-31: EPS 0.20 2026-06-30: EPS 0.26 0B 1.0B 1.9B $B -0.24 0.02 0.29 202020212022202320242025202606/26 Revenue EPS

Quarterly figures, revenue up to 10 years back; EPS split-adjusted, early quarters hidden when not calibrable

P/E (TTM) over time
31 724 1417 202420252026

P/E = close around day 47 after quarter-end ÷ TTM EPS then; this is a consistent valuation date, not the company’s actual filing date; loss quarters hidden

Quarterly free cash flow
-75M67M208M 202120222023202420252026
Latest quarter $115M (2026-03-31)

FCF = operating cash flow − capex, computed from SEC XBRL; banks/insurers have no standard cash-flow structure and are hidden

As of 2026-06-30 · SEC filings (XBRL)

Email me the next update

2026 Q3 holdings are due 2026-11-16. We will email you when the refreshed lists are live.