RNG vs TOST
RingCentral, Inc. and Toast, Inc., side by side — 7 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | RNG | TOST |
|---|---|---|
| Revenue | $2.5B | $6.2B |
| Net income | $43.4M | $342.0M |
| Gross margin | 71.2% | 25.9% |
| Net margin | 1.7% | 5.6% |
| Return on equity | · | 18.6% |
| Diluted EPS | $0.48 | $0.56 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $587.3M | $608.0M |
| Equity | $-588.1M | $2.1B |
| Net debt / equity | · | · |
| Current ratio | 0.63× | 2.75× |
| Revenue CAGR 5y | 16.3% | 49.5% |
| Profit CAGR 5y | · | · |
TOST bills 2.4× the revenue of RNG, and keeps more of each dollar of revenue as profit (5.6% against 1.7%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
7 years side by side
| Fiscal year | RNG | TOST |
|---|---|---|
| FY2025 | $2.5B | $6.2B |
| FY2024 | $2.4B | $5.0B |
| FY2023 | $2.2B | $3.9B |
| FY2022 | $2.0B | $2.7B |
| FY2021 | $1.6B | $1.7B |
| FY2020 | $1.2B | $823.0M |
| FY2019 | $902.9M | $665.0M |
Bottom line
| Fiscal year | RNG | TOST |
|---|---|---|
| FY2025 | $43.4M | $342.0M |
| FY2024 | $-58.3M | $19.0M |
| FY2023 | $-165.2M | $-246.0M |
| FY2022 | $-879.2M | $-275.0M |
| FY2021 | $-376.2M | $-487.0M |
| FY2020 | $-83.0M | $-248.0M |
| FY2019 | $-53.6M | $-209.0M |
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$3,637,858,000 | TOST |
| FY2024 | −$2,559,605,000 | TOST |
| FY2023 | −$1,662,571,000 | TOST |
| FY2022 | −$742,670,000 | TOST |
| FY2021 | −$110,246,000 | TOST |
| FY2020 | +$360,657,000 | RNG |
| FY2019 | +$237,858,000 | RNG |
The higher-revenue side has changed between RNG and TOST over this period. The gap has widened since the earliest year compared.
7 of 15 comparable fiscal years — a year missing data on either side is not counted.
7 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −3.8 pp | TOST |
| FY2024 | −2.8 pp | TOST |
| FY2023 | −1.1 pp | TOST |
| FY2022 | −34.1 pp | TOST |
| FY2021 | +5.0 pp | RNG |
| FY2020 | +23.1 pp | RNG |
| FY2019 | +25.5 pp | RNG |
The higher net margin has changed hands between RNG and TOST over this period.
7 of 15 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
RNG's net margin has been more volatile than TOST's over the 7 comparable fiscal years — 14.8 percentage points of standard deviation against 14.3.
7 of 15 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between RNG and TOST over these 7 fiscal years — RNG led in 3 and TOST in 4.
7 of 15 comparable fiscal years — a year missing data on either side is not counted.