OakChart

Toast Inc

TOSTTechnology·Software - Infrastructure·USA·Large·NYSE·Nov 11 • 9:39 AM ET

33.76-0.76 (-2.20%)
2026-11-11 15:40 CET
Market cap
20,056.12 USD m
Revenue, TTM
7,152.00 USD m
Net income, TTM
550.00 USD m
Free cash flow, TTM
604.00 USD m
EPS diluted, TTM
0.91
P/E
37.21
Compare

Price

TOST against its 20, 50 and 200-day averages
2050200beat
25.0030.0035.0035.8M71.5MMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26TOSTclose 33.7620-day 33.0450-day 31.86200-day 29.3833.76

14.9% under 39.67 on 6 Nov 2025. Last 15 sessions, 16.9% high to low

Profile

TOST
52-week range, 70% of the way up
22.2638.64

Toast, Inc. engages in the development and provision of consumer payment application for restaurants. It offers terminals, kiosk, guest facing display, and system accessories. The firm also offers point of sale, reporting and analytics, online ordering and delivery, and kitchen display system. The company was founded by Jonathan Grimm, Aman Narang, and Stephen J. Fredette in December 2011 and is headquartered in Boston, MA.

IndexRUI
Employees6500
IPOSep 22, 2021
Beta1.69
ATR, 14d1.33
Rel volume0.65
Short float7.14%
Insider own16.31%
Inst own84.77%

Snapshot

6 groups

Valuation

IndexRUI
Market Cap19.61B
Enterprise Value17.73B
Income550.00M
Sales7.15B
Book/sh3.94
Cash/sh3.24
Dividend Est.-
Dividend TTM-
Dividend Ex-Date-
Dividend Gr. 3/5Y- -
Payout0.00%
Employees6500
IPOSep 22, 2021

Ratios

P/E37.21
Forward P/E19.47
PEG0.65
P/S2.74
P/B8.56
P/C10.41
P/FCF32.47
EV/EBITDA30.94
EV/Sales2.48
Quick Ratio2.32
Current Ratio2.55
Debt/Eq0.00
LT Debt/Eq0.00
Option/ShortYes / Yes

Earnings

EPS (ttm)0.91
EPS next Y1.73
EPS next Q0.35
EPS this Y44.05%
EPS next Y23.21%
EPS next 5Y29.94%
EPS past 3/5Y- -
Sales past 3/5Y31.10% 49.53%
EPS Y/Y TTM99.81%
Sales Y/Y TTM22.09%
EPS Q/Q77.44%
Sales Q/Q21.31%
EarningsNov 03 AMC
EPS/Sales Surpr.1.92% 0.43%

Ownership

Insider Own16.31%
Insider Trans-0.76%
Inst Own84.77%
Inst Trans1.67%
ROA17.33%
ROE25.58%
ROIC24.05%
Gross Margin26.93%
Oper. Margin7.30%
Profit Margin7.69%
SMA202.17%
SMA505.98%
SMA20014.92%
Trades-

Technical

Shs Outstand517.00M
Shs Float486.21M
Short Float7.14%
Short Ratio3.92
Short Interest34.71M
52W High38.64 -12.62%
52W Low22.26 51.66%
Volatility4.62% 4.29%
ATR (14)1.33
RSI (14)55.84
Beta1.69
Rel Volume0.65
Avg Volume8.86M
Volume416,939

Performance

Perf Week-4.55%
Perf Month9.29%
Perf Quarter-4.15%
Perf Half Y51.19%
Perf YTD-4.93%
Perf Year-10.50%
Perf 3Y139.26%
Perf 5Y-30.19%
Perf 10Y-
Recom1.82
Target Price39.00
Prev Close34.52
Price33.76
Change %-2.20%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
TodayDowngradeBBernsteinOutperform → Mkt Perform$45 → $38+12.6%
Oct 15, 2026ResumedBBofA SecuritiesBuy$40+18.5%
Sep 02, 2026DowngradeBBNP Paribas ExaneOutperform → Neutral$35+3.7%
Jul 09, 2026UpgradeGGoldmanNeutral → Buy$36+6.6%
Jul 08, 2026InitiatedBBarclaysOverweight$35+3.7%
Jun 11, 2026ResumedPPiper SandlerOverweight$32-5.2%
May 12, 2026DowngradeRRothschild & Co RedburnBuy → Neutral$35+3.7%
Apr 22, 2026InitiatedBBMO Capital MarketsOutperform$35+3.7%
Mar 31, 2026InitiatedLLoop CapitalHold$26-23.0%
Feb 02, 2026ReiteratedDDA DavidsonNeutral$42 → $36+6.6%

Peers

Mkt cap
TickerCompanyMkt cap
XYZBlock Inc52.86B
FOURShift4 Payments Inc3.20B
FISVFiserv Inc33.42B
GPNGlobal Payments Inc26.62B
PARPar Technology Corp912.23M
LSPDLightspeed Commerce Inc1.37B
VYXNCR Voyix Corp1.36B
SHOPShopify Inc190.91B
TTANServiceTitan Inc7.87B
DASHDoorDash Inc78.11B

Insider trading

latest 14 of 100
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
Vassil JonathanChief Revenue OfficerNov 04 '26Option Exercise17.344,60079,76382,024Nov 06 04:28 PM
Vassil JonathanChief Revenue OfficerNov 04 '26Sale36.004,600165,61877,424Nov 06 04:28 PM
Vassil JonathanChief Revenue OfficerNov 02 '26Option Exercise2.2114,28031,55991,704Nov 04 04:35 PM
Vassil JonathanChief Revenue OfficerNov 02 '26Sale33.7014,280481,22377,424Nov 04 04:35 PM
Niola RossanaPrincipal Accounting OfficerNov 03 '26Sale33.451,12837,7376,480Nov 04 04:34 PM
Vassil JonathanOfficerNov 04 '26Proposed Sale36.004,600165,620Nov 04 04:22 PM
Vassil JonathanOfficerNov 02 '26Proposed Sale33.7014,280481,223Nov 02 05:00 PM
BHARADWAJ ANUTTHARADirectorOct 24 '26Option Exercise0.003,56603,566Oct 27 04:32 PM
Vassil JonathanChief Revenue OfficerOct 05 '26Option Exercise2.217,62316,84785,047Oct 06 04:50 PM
Vassil JonathanChief Revenue OfficerOct 05 '26Sale30.197,623230,16977,424Oct 06 04:50 PM
Gomez ElenaPresident, CFOOct 02 '26Sale29.3511,886348,902171,957Oct 05 04:34 PM
Fredette StephenPresidentOct 02 '26Sale29.359,368274,988941,692Oct 05 04:34 PM
Narang AmanCEOOct 02 '26Sale29.3514,713431,88586,543Oct 05 04:32 PM
Elworthy Brian RGeneral CounselOct 02 '26Sale29.356,507191,006204,023Oct 05 04:32 PM

Held by

AUM
TickerCompanyAUM
IJHiShares Core S&P Mid-Cap ETFAUM: 124.48B
VTIVanguard Morningstar Total Stock Market ETFAUM: 687.42B
VBVanguard Morningstar Small-Cap ETFAUM: 79.59B
VBKVanguard Morningstar Small-Cap Growth ETFAUM: 22.34B
VXFVanguard Extended Market Index ETFAUM: 30.47B
MDYState Street SPDR S&P MIDCAP 400 ETF TrustAUM: 26.22B
IJKiShares S&P Mid-Cap 400 Growth ETFAUM: 10.46B
CGGRCapital Group Growth ETFAUM: 25.66B
SPMDState Street SPDR Portfolio S&P 400TM Mid Cap ETFAUM: 18.90B
IWPiShares Russell Mid-Cap Growth ETFAUM: 18.09B

News

latest 14 of 206
  • Shift4s 3Q Net Income Climbs Along with EBITDA (Exec Edge)
  • Ruby Tuesday Selects Toast to Drive Its Next Chapter (Business Wire)
  • Toast Misses The EPS Bar But Raises Guidance A Third Time As Slowing Payments Growth And A 'Very Modest' 2027 Margin Signal Complicate The Story (Earnings Whispers) +5.49%
  • Toast: Q3 Earnings Snapshot (Associated Press)
  • Toast Announces Third Quarter 2026 Financial Results (Business Wire)
  • Loading…
  • The FTC and multiple states are suing Toast over hidden fees and deceptive subscriptions (Quartz)
  • The FTC Lawsuit Could Burn Toast's Image More Than Its Stock Price (Barrons.com)
  • Toast Responds to FTC Lawsuit (Business Wire)
  • 3 Popular Stocks Seeing a Surge in Options Volume Today (Schaeffer's Research)
  • After Three Guidance Raises, Toast Must Prove Record Location Growth Can Outrun Memory Costs (Earnings Whispers)
  • Fintech for SMEs: Pipe CEO Claurelle Rakipovic, Live from Money 20/20 2026 (Exec Edge)
  • Toast's 2026 Restaurant Employee Survey: How Industry Workers Feel About Pay, Tips, Benefits, and AI (Business Wire)
  • Toast Announces Release Date Of Third Quarter 2026 Financial Results (Business Wire)

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-11-030.3760.3690.2901,9811,97317
2026Q22026-08-040.3600.3220.2611,9081,87316
2026Q12026-05-070.2830.2730.1961,6301,63214
2025Q42026-02-120.2520.2390.1651,6331,61813
2025Q32025-11-040.2650.2400.1611,6331,58714
2025Q22025-08-050.2490.2250.1321,5501,52516
2025Q12025-05-080.2010.1800.0881,3371,34417
2024Q42025-02-190.1800.1690.0551,3381,31417
2024Q32024-11-070.1750.1450.0681,3051,29315
2024Q22024-08-060.1410.1070.0241,2421,22113
2024Q12024-05-070.0290.049-0.1521,0751,04411
2023Q42024-02-150.0480.027-0.0671,0361,01814
2023Q32023-11-070.0460.038-0.0581,0321,03212
2023Q22023-08-080.024-0.007-0.185978943.0611
2023Q12023-05-09-0.036-0.047-0.155819763.9510
2022Q42023-02-16-0.057-0.049-0.191769752.7310

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2021FY-1.680-1.572-0.9601,7051,677
2022FY-0.269-0.137-0.7222,7312,715
2023FY0.0910.100-0.4673,8653,847
2024FY0.5550.6050.0324,9604,939
2025FY0.9771.0270.5606,1536,135
2026FY-1.407--7,485
2027FY-1.734--8,895
2028FY-2.160--10,424
2029FY-2.585--12,008

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-11-0425521,9641,9091,995
2026Q4S2026-11-0325011,9541,8841,996
2026Q4S2026-11-0225011,9541,8841,996
2026Q4S2026-10-2825011,9541,8841,996
2026Q4S2026-10-2725011,9541,8841,996
2026Q4S2026-10-2025011,9541,8841,996
2026Q4S2026-10-1925011,9541,8841,996
2026Q4S2026-10-1525411,9541,8841,996
2026Q4S2026-10-1224411,9531,8841,996
2026Q4S2026-09-2424411,9531,8841,996
2026Q4S2026-09-1424411,9531,8841,996
2026Q4S2026-09-0524501,9541,8842,009
2026Q4S2026-08-2724601,9541,8842,009
2026Q4S2026-08-1124601,9541,8842,009

Estimate history

EPS, annual-0.417-0.494-0.96-0.722-0.4670.0320.5590.9072
Period2019202020212022202320242025TTM
EPS, quarterly0.0680.0550.0880.1320.1610.1650.1960.2610.286
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual665.029823.134170527313865496061537152
Period2019202020212022202320242025TTM
Sales, quarterly130513381337155016331633163019081981
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual502.594502.594507.17523.027543572589580
Period2019202020212022202320242025MRQ
Shares, quarterly565572577581587589580577580
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY
Total Revenue7,152.006,153.004,960.003,865.002,731.001,705.00823.13665.03
Cost of Goods Sold Incl. D&A5,226.004,568.003,779.003,040.002,227.001,398.00682.72602.68
Gross Profit1,926.001,585.001,181.00825.00504.00307.00140.4162.35
Selling, General and Administrative Excl. Other1,404.001,280.001,114.001,097.00884.00530.00360.56274.46
Research and Development404.00371.00347.00354.00280.00160.00108.5763.97
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income522.00305.0067.00-272.00-380.00-223.00-220.15-212.12
Interest Expense0.000.000.00-0.0012.0012.65-
Unusual Expense3.0010.0086.0012.00-91.00255.0015.502.75
Net Income Before Taxes570.00346.0022.00-244.00-277.00-490.00-247.94-212.70
Income Taxes20.004.003.002.00-2.00-3.000.26-3.25
Consolidated Net Income550.00342.0019.00-246.00-275.00-487.00-248.20-209.45
Net Income From Continuing Operations550.00342.0019.00-246.00-275.00-487.00-248.20-209.45
Net Income550.00342.0019.00-246.00-275.00-487.00-249.01-209.45
EPS (Recurring)0.920.570.13-0.45-0.85-0.61-0.47-0.41
EPS (Basic, Before Extraordinaries)0.940.590.03-0.46-0.54-0.96-0.49-0.42
EPS (Diluted)0.910.560.03-0.47-0.72-0.96-0.49-0.42
EBITDA573.00372.00113.00-240.00-356.00-202.00-193.08-205.27
Non-Operating Income (Expense)51.0051.0041.0040.0012.000.000.362.17
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense169.85191.18199.87218.83180.12103.6663.0424.61
Price To Earnings Ratio38.0538.05------
Price To Sales Ratio2.403.504.342.523.3810.32--
Gross Margin26.9325.7623.8121.3518.4518.0117.069.38
Operating Margin7.304.961.35-7.04-13.91-13.08-26.74-31.90
Net Margin7.695.560.38-6.36-10.07-28.56-30.25-31.49
Shares Outstanding580.00589.00572.00543.00523.03507.17502.59502.59
Market Capitalization20,056.1220,056.1220,703.609,834.019,353.1717,519.7318,554.46-

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue1,981.001,908.001,630.001,633.001,633.001,550.001,337.001,338.00
Cost of Goods Sold Incl. D&A1,438.001,392.001,183.001,213.001,201.001,158.00991.001,008.00
Gross Profit543.00516.00447.00420.00432.00392.00346.00330.00
Selling, General and Administrative Excl. Other372.00364.00337.00331.00348.00311.00296.00295.00
Research and Development103.00109.0097.0095.00102.0091.0084.0092.00
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income171.00152.00110.0089.0084.0081.0050.0035.00
Interest Expense0.000.000.000.000.000.000.000.00
Unusual Expense7.001.00-8.003.00-7.009.004.0014.00
Net Income Before Taxes176.00162.00131.00101.00104.0083.0058.0033.00
Income Taxes7.008.005.000.00-1.003.002.000.00
Consolidated Net Income169.00154.00126.00101.00105.0080.0056.0033.00
Net Income From Continuing Operations169.00154.00126.00101.00105.0080.0056.0033.00
Net Income169.00154.00126.00101.00105.0080.0056.0033.00
EPS (Recurring)0.290.260.190.170.150.140.090.07
EPS (Basic, Before Extraordinaries)0.290.270.210.170.180.140.100.06
EPS (Diluted)0.290.260.200.160.160.130.090.06
EBITDA183.00164.00120.00106.0099.0097.0069.0048.00
Non-Operating Income (Expense)12.0011.0013.0015.0013.0011.0012.0012.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense38.7143.4542.6645.0352.1449.7747.4064.00
Price To Earnings Ratio38.0542.5448.5781.44106.47188.87--
Price To Sales Ratio2.402.412.483.503.804.853.834.41
Gross Margin27.4127.0427.4225.7226.4525.2925.8824.66
Operating Margin8.637.976.755.455.145.233.742.62
Net Margin8.538.077.736.186.435.164.192.47
Shares Outstanding580.00577.00580.00589.00587.00581.00577.00572.00
Market Capitalization20,056.1216,135.6015,614.3920,879.8821,285.3325,622.4319,072.7520,703.60

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY
Cash & Short Term Investments1,991.001,417.001,124.001,021.001,266.00581.82150.37
Short Term Receivables127.00115.00127.0077.0055.0033.8044.63
Inventories114.00118.00124.00130.0063.0019.3315.39
Other Current Assets339.00251.00135.00135.0071.0021.3218.09
Total Current Assets2,571.001,901.001,510.001,363.001,455.00656.27228.47
Net Property, Plant & Equipment132.00123.00111.00138.00120.0034.0619.96
Total Investments and Advances71.0059.0055.0028.008.001.212.31
Intangible Assets127.00133.00139.00136.0090.0052.7852.55
Deferred Tax Assets67.0055.00-----
Other Assets244.00192.00143.0096.0062.0031.642.46
Total Assets3,212.002,463.001,958.001,761.001,735.00775.96305.74
Short Term Debt Incl. Current Port. of LT Debt0.0010.0011.0014.0022.000.009.22
Accounts Payable47.0037.0032.0030.0040.0030.5531.52
Other Current Liabilities922.00764.00620.00452.00290.00105.8598.95
Total Current Liabilities969.00811.00663.00496.00352.00136.41139.70
Long Term Debt20.0024.0033.0080.0077.001,020.60446.56
Provision for Risks Charges0.000.000.000.000.000.000.00
Deferred Tax Liabilities67.0055.00-----
Other Liabilities32.0028.0068.0087.00215.0089.9249.92
Total Liabilities1,088.00918.00764.00663.00644.001,246.93636.17
Non-Equity Reserves0.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.00
Common Equity2,124.001,545.001,194.001,098.001,091.00-470.98-330.43
Total Shareholders Equity2,124.001,545.001,194.001,098.001,091.00-470.98-330.43
Accumulated Minority Interest0.000.000.000.000.000.000.00
Total Equity2,124.001,545.001,194.001,098.001,091.00-470.98-330.43
Total Liabilities & Stockholders Equity3,212.002,463.001,958.001,761.001,735.00775.96305.74
Book Value Per Share3.612.702.202.102.15-0.94-0.66
Tangible Book Value Per Share3.392.471.941.841.97-1.04-0.76
Full-Time Employees6,5005,7005,5004,5003,172--
Price to Book Ratio8.7514.508.568.3616.1418.37-
Return on Assets12.050.86-13.23-15.73-38.79-45.89-
Return on Equity18.641.39-21.47-25.13-157.09--
Return on Invested Capital15.951.21-20.05-23.34-41.70-45.16-180.36
Quick Ratio2.542.202.092.493.954.671.53
Current Ratio2.652.342.282.754.134.811.64

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY
Net Income550.00342.0019.00-246.00-275.00-487.00-248.20-209.45
Depreciation50.0064.0046.0032.0024.0021.0027.076.84
Other Funds (Non Cash)432.00446.00443.00408.00229.00460.00125.3136.10
Funds from Operations1,032.00852.00508.00194.00-27.00-9.00-95.83-169.88
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital-364.00-191.00-148.00-59.00-129.0011.00-28.8043.39
Cash from Operating Activities668.00661.00360.00135.00-156.002.00-124.63-126.48
Capital Expenditures-64.00-53.00-54.00-42.00-33.00-19.00-36.07-14.73
Net Assets From Acquisitions0.000.000.00-9.00-46.00-26.000.00-40.87
Sale of Fixed Assets and Businesses0.000.000.000.000.000.000.008.17
Purchase or Sale of Investments-182.00-119.0015.00-32.00-19.00-459.000.000.00
Purchase of Investments-719.00-633.00-473.00-623.00-434.00-469.000.000.00
Sale Or Maturity of Investments537.00514.00488.00591.00415.0010.000.000.00
Other Uses-145.000.000.00-3.000.000.000.000.00
Other Sources67.000.000.000.000.001.000.210.00
Cash from Investing Activities-324.00-172.00-39.00-86.00-98.00-503.00-35.86-47.43
Cash Dividends Paid0.000.000.000.000.000.000.000.00
Change in Capital Stock-501.00-26.00-18.0036.0015.00984.00404.95250.90
Repurchase of Common Pref Stock-539.00-107.00-117.000.000.000.00-1.27-0.04
Sale of Common Pref Stock38.0081.0099.0036.0015.00984.00406.22250.94
Proceedsfrom Stock Options0.000.000.000.000.00960.00402.74250.39
Issuance or Reduction of Debt, Net-15.0033.0036.0027.0026.0024.00189.555.44
Change in Long Term Debt-3.00-3.000.000.000.000.00185.636.90
Issuance of Long Term Debt0.000.000.000.000.000.00194.859.85
Reduction of Long Term Debt-3.00-3.000.000.000.000.00-9.22-2.95
Net Financing Active Other Cash Flow3.000.000.000.00-3.00-244.000.000.00
Other Financing Activities Uses3.000.000.000.00-3.00-245.000.000.00
Cash from Financing Activities-513.007.0018.0063.0038.00759.00594.50256.34
Exchange Rate Effect-2.00-1.000.000.00-1.000.28-0.03
Net Change in Cash-172.00498.00338.00112.00-216.00257.00434.2982.39
Free Cash Flow604.00608.00306.0093.00-172.00-10.00-152.19-135.61
Preferred Dividends (Cash Flow)-0.000.000.000.000.00-0.00
Price to Free Cash Flow28.4135.4570.40104.65----
Deferred Taxes & Investment Tax Credit-0.000.000.00-5.00-3.000.00-3.37

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments1,885.001,713.001,770.001,991.001,857.001,702.00
Short Term Receivables141.00142.00138.00127.00121.00121.00
Inventories244.00217.00136.00114.00104.00103.00
Other Current Assets435.00472.00447.00339.00324.00308.00
Total Current Assets2,705.002,544.002,491.002,571.002,406.002,234.00
Net Property, Plant & Equipment153.00149.00138.00132.00123.00118.00
Total Investments and Advances76.0073.0074.0071.0076.0063.00
Intangible Assets123.00124.00126.00127.00129.00130.00
Deferred Tax Assets---67.00--
Other Assets319.00291.00265.00244.00237.00222.00
Total Assets3,376.003,181.003,094.003,212.002,971.002,767.00
Short Term Debt Incl. Current Port. of LT Debt0.000.000.000.000.000.00
Accounts Payable51.0040.0070.0047.0050.0049.00
Other Current Liabilities1,009.001,064.00994.00922.00861.00845.00
Total Current Liabilities1,060.001,104.001,064.00969.00911.00894.00
Long Term Debt0.000.0017.0020.0018.0019.00
Provision for Risks Charges0.000.000.000.000.000.00
Deferred Tax Liabilities---67.00--
Other Liabilities29.0032.0023.0032.0028.0036.00
Total Liabilities1,089.001,136.001,104.001,088.00957.00949.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity2,287.002,045.001,990.002,124.002,014.001,818.00
Total Shareholders Equity2,287.002,045.001,990.002,124.002,014.001,818.00
Accumulated Minority Interest0.000.000.000.000.000.00
Total Equity2,287.002,045.001,990.002,124.002,014.001,818.00
Total Liabilities & Stockholders Equity3,376.003,181.003,094.003,212.002,971.002,767.00
Book Value Per Share3.943.543.433.613.433.13
Tangible Book Value Per Share3.733.333.213.393.212.91
Full-Time Employees---6,500--
Price to Book Ratio8.758.117.3510.3511.6715.28
Return on Assets17.3316.3414.5612.0510.549.14
Return on Equity25.5825.1622.5018.6415.9614.51
Return on Invested Capital7.397.536.284.715.174.35
Quick Ratio2.322.112.212.542.532.38
Current Ratio2.552.302.342.652.642.50

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income169.00154.00126.00101.00105.0080.00
Depreciation12.0012.0010.0016.0013.0016.00
Other Funds (Non Cash)119.00109.0094.00110.00123.00111.00
Funds from Operations300.00275.00230.00227.00241.00207.00
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-102.00-131.00-98.00-33.00-76.0016.00
Cash from Operating Activities198.00144.00132.00194.00165.00223.00
Capital Expenditures-17.00-14.00-17.00-16.00-12.00-15.00
Net Assets From Acquisitions0.000.000.000.000.000.00
Sale of Fixed Assets and Businesses0.000.000.000.000.000.00
Purchase or Sale of Investments15.00-26.00-35.00-136.008.00-23.00
Purchase of Investments-153.00-143.00-161.00-262.00-90.00-171.00
Sale Or Maturity of Investments168.00117.00126.00126.0098.00148.00
Other Uses-65.00-57.00-23.000.000.000.00
Other Sources37.0030.000.000.000.000.00
Cash from Investing Activities-30.00-67.00-75.00-152.00-4.00-38.00
Cash Dividends Paid0.000.000.000.000.000.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock18.00-160.00-309.00-50.0015.000.00
Repurchase of Common Pref Stock0.00-163.00-323.00-53.00-23.00-14.00
Sale of Common Pref Stock18.003.0014.003.0038.0014.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-56.00-25.0082.00-16.004.00-19.00
Change in Long Term Debt0.000.000.00-3.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.00-3.000.000.00
Net Financing Active Other Cash Flow0.000.000.003.000.00-3.00
Other Financing Activities Uses0.000.000.003.000.00-3.00
Cash from Financing Activities-38.00-185.00-227.00-63.0019.00-22.00
Exchange Rate Effect-1.00---1.000.00-
Net Change in Cash129.00-109.00-170.00-22.00180.00166.00
Free Cash Flow181.00130.00115.00178.00153.00208.00
Price to Free Cash Flow28.4128.5024.4035.4539.4252.75

Revenue breakdown

License2024: 706.00M 2025: 936.00M
Product and Professional Services2024: 201.00M 2025: 180.00M
Technology Service2024: 4.05B 2025: 5.04B
United States2024: 4.96B 2025: 6.15B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-307.14%34.7M486.2M8.68M
2026-10-157.58%36.6M483.4M9.02M
2026-09-307.09%34.3M483.5M9.41M
2026-09-156.54%31.6M483.5M10.95M
2026-08-315.93%28.7M483.5M11.39M
2026-08-146.48%31.3M483.4M12.02M
2026-07-317.07%34.3M484.9M12.77M
2026-07-158.41%40.8M484.7M12.53M
2026-06-309.12%44.2M484.7M12.34M
2026-06-158.77%42.5M484.6M10.97M
2026-05-299.11%44.2M485.3M11.27M
2026-05-157.31%35.5M485.2M11.07M
2026-04-306.54%31.6M482.9M11.59M
2026-04-155.86%28.3M482.9M11.91M
2026-03-315.87%28.3M482.5M11.85M
2026-03-135.29%25.5M482.5M10.96M
2026-02-275.64%27.2M482.5M10.16M
2026-02-135.79%27.9M482.5M9.89M
2026-01-306.11%28.9M473.1M8.43M
2026-01-155.97%28.2M473.1M7.89M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call20.000.000.0013.90-24.000.00---
call21.000.000.0012.79-9.000.00---
call22.000.000.0012.22-16.000.00---
call23.000.000.0011.29-14.000.00---
call24.000.000.009.84-11.000.00---
call24.500.000.009.29-6.000.00---
call25.000.000.008.81-16.000.00---
call25.500.000.008.33-8.000.00---
call26.000.000.007.87-6.000.00---
call26.500.000.007.37-1030.00---
call27.000.000.006.88-6.000.00---
call27.500.000.006.40-5.000.00---
call28.000.000.005.90-1010.00---
call28.500.000.005.39-7.000.00---
call29.000.000.004.89-11.000.00---
call29.500.000.004.38-4.000.00---
call30.000.000.004.04-17.000.00---
call30.500.000.003.38-5.000.00---
call31.000.000.003.12-90.000.00---
call31.500.000.002.93-2090.00---
call32.000.000.002.73-59.000.00---
call32.500.000.001.58-29.000.00---
call33.000.000.001.06-78.000.00---
call33.500.000.000.82-1770.00---
call34.000.000.000.61-1,0020.00---
call34.500.000.000.58-1630.00---
call35.000.000.000.40-3460.00---
call35.500.000.000.20-1540.00---
call36.000.000.000.09-8560.00---
call36.500.000.000.01-2770.00---
call37.000.000.000.02-4360.00---
call37.500.000.000.06-83.000.00---
call38.000.000.000.01-1930.00---
call38.500.000.000.01-34.000.00---
call39.000.000.000.25-3,1530.00---
call39.500.000.000.05-1400.00---
call40.000.000.000.01-3240.00---
call40.500.000.000.05-5.000.00---
call41.000.000.000.01-49.000.00---
call41.500.000.000.27-4.000.00---
call42.000.000.000.15-10.000.00---
call42.500.000.000.92-2.000.00---
call43.000.000.000.11-60.000.00---
call44.000.000.000.00-0.000.00---
call45.000.000.000.00-0.000.00---
put20.000.000.000.00-0.000.00---
put21.000.000.000.00-0.000.00---
put22.000.000.000.00-0.000.00---
put23.000.000.000.01-23.000.00---
put24.000.000.000.13-28.000.00---
put24.500.000.000.45-22.000.00---
put25.000.000.000.01-75.000.00---
put25.500.000.000.02-10.000.00---
put26.000.000.000.14-4.000.00---
put26.500.000.000.06-6.000.00---
put27.000.000.000.01-18.000.00---
put27.500.000.000.02-26.000.00---
put28.000.000.000.02-71.000.00---
put28.500.000.000.23-4.000.00---
put29.000.000.000.06-38.000.00---
put29.500.000.000.02-46.000.00---
put30.000.000.000.01-1730.00---
put30.500.000.000.03-54.000.00---
put31.000.000.000.03-3520.00---
put31.500.000.000.08-3070.00---
put32.000.000.000.11-5990.00---
put32.500.000.000.17-1350.00---
put33.000.000.000.20-87.000.00---
put33.500.000.000.51-93.000.00---
put34.000.000.000.42-3430.00---
put34.500.000.001.08-70.000.00---
put35.000.000.001.21-36.000.00---
put35.500.000.001.20-20.000.00---
put36.000.000.001.29-6.000.00---
put36.500.000.002.00-21.000.00---
put37.000.000.002.47-2.000.00---
put37.500.000.002.54-2.000.00---
put38.000.000.002.92-1.000.00---
put38.500.000.004.97-0.000.00---
put39.000.000.004.24-0.000.00---
put39.500.000.005.81-1.000.00---
put40.000.000.005.89-2.000.00---
put40.500.000.000.00-0.000.00---
put41.000.000.006.90-3.000.00---
put41.500.000.007.33-3.000.00---
put42.000.000.000.00-0.000.00---
put42.500.000.008.51-7.000.00---
put43.000.000.008.94-7.000.00---
put44.000.000.000.00-0.000.00---
put45.000.000.000.00-0.000.00---

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-064Statement of changes in beneficial ownership of securities2026-11-04SEC
2026-11-05SCHEDULE 13G/ASEC
2026-11-04144Filing for proposed sale of securities under Rule 144.SEC
2026-11-044Statement of changes in beneficial ownership of securities2026-11-02SEC
2026-11-044Statement of changes in beneficial ownership of securities2026-11-03SEC
2026-11-0410-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-034Statement of changes in beneficial ownership of securities2026-11-01SEC
2026-11-038-KCurrent report2026-10-28SEC
2026-11-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-30SCHEDULE 13GSEC
2026-10-274Statement of changes in beneficial ownership of securities2026-10-24SEC
2026-10-064Statement of changes in beneficial ownership of securities2026-10-05SEC
2026-10-05SCHEDULE 13G/ASEC
2026-10-05144Filing for proposed sale of securities under Rule 144.SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-02144Filing for proposed sale of securities under Rule 144.SEC
2026-10-018-KCurrent report2026-09-28SEC
2026-09-044Statement of changes in beneficial ownership of securities2026-09-02SEC
2026-09-02144Filing for proposed sale of securities under Rule 144.SEC
2026-08-254Statement of changes in beneficial ownership of securities2026-08-21SEC
2026-08-21144Filing for proposed sale of securities under Rule 144.SEC
2026-08-214Statement of changes in beneficial ownership of securities2026-08-19SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-1100684.58K3
2026-10001.88M6
2026-0900484.06K1
2026-080016.28M14
2026-07001.82M8
2026-060000
2026-05002.80M1
2026-04001.04M5
2026-0300246.25K1
2026-0200189.57K5
2026-01003.35M6
2025-120000
2025-1100283.81K5

Institutional holders

Manager% owned
BlackRock, Inc.8.40%
FMR LLC6.78%
Capital International Investors4.61%
VANGUARD PORTFOLIO MANAGEMENT LLC3.81%
VANGUARD CAPITAL MANAGEMENT LLC3.78%
STATE STREET CORP2.91%
JPMORGAN CHASE & CO2.90%
PRINCIPAL FINANCIAL GROUP INC2.82%
ValueAct Holdings, L.P.2.44%
MORGAN STANLEY1.96%

Funds

Fund% owned
Growth Fund of America2.72%
VANGUARD TOTAL STOCK MARKET INDEX FUND2.68%
Fidelity Contrafund2.31%
VANGUARD SMALL-CAP INDEX FUND1.94%
MidCap Fund1.86%
VANGUARD SMALL-CAP GROWTH INDEX FUND1.11%
VANGUARD EXTENDED MARKET INDEX FUND0.93%
Growth Fund0.75%
AB LARGE CAP GROWTH FUND INC0.68%
Fidelity Contrafund K60.50%

OakChart. TOST. Cached 15 minutes.