• Toast average operating margin for 2024 was -2.78%, a 72.03% decline from 2023.
• Toast average operating margin for 2023 was -9.94%, a 37.6% decline from 2022.
• Toast average operating margin for 2022 was -15.93%, a 36.04% decline from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.