Toast, Inc. (TOST) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

Low Risk
Limited dilution potential
Last updated: May 09, 2025

Risk Assessment Details

Potential Dilution: 1.74% of current shares
Recent Dilution: 9.63% (2 years)
Historical Dilution Factor: minimal recent dilution
Outstanding Shares
500M
Potential Supply
8.7M
Additional shares possible
Splits
None
Past 2 years

Summary

TOST currently has 498M outstanding shares. with limited dilution risk as only 8.68M additional shares (1.7%) are authorized for issuance. The company has minimally diluted shareholders by 9.63% over the past 2 years.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
May 09, 2025

10-Q filing | 498.0M shares outstanding

500M 8.7M
Feb 26, 2025

10-K filing | 494.0M shares outstanding

490M 8.7M
Nov 08, 2024

10-Q filing | 471.0M shares outstanding

470M 8.7M
Aug 07, 2024

10-Q filing | 461.0M shares outstanding

460M 8.7M
Jul 05, 2024

8-K filing: Toast, Inc. repurchased a warrant to purchase approximately 5.2 million shares of the Company's Class B Common Stock for an aggregate purchase price of $60,000,000, after which the warrant was canceled. ($60.0M proceeds)

450M 8.7M
May 08, 2024

10-Q filing | 453.0M shares outstanding

450M 8.7M
Feb 27, 2024

10-K filing | 437.0M shares outstanding

440M 8.7M
Nov 08, 2023

10-Q filing | 425.3M shares outstanding

430M 8.7M
Aug 09, 2023

10-Q filing | 410.8M shares outstanding

410M 8.7M
May 10, 2023

10-Q filing | 363.6M shares outstanding

360M 8.7M
Mar 01, 2023

10-K filing | 357.0M shares outstanding

360M 8.7M
Nov 14, 2022

10-Q filing | 334.4M shares outstanding

330M 8.7M
Aug 12, 2022

10-Q filing | 323.8M shares outstanding

320M 8.7M
May 13, 2022

10-Q filing | 283.3M shares outstanding

280M 8.7M
Mar 01, 2022

10-K filing | 230.9M shares outstanding

230M 8.7M
Nov 09, 2021

10-Q filing | 73.7M shares outstanding

74M 8.7M
Sep 20, 2021

S-1/A filing: This filing relates to the registration of common stock. It discusses prior issuances of Series E and F convertible preferred stock, common stock, stock options, RSUs, warrants and convertible notes.

N/A 8.7M
Aug 27, 2021

S-1 filing: This is an S-1 filing that details multiple historical transactions including the sale of Series E and F convertible preferred stock, common stock issuances, option and RSU issuances, warrant issuances, and convertible note issuances.

N/A 28M
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