earnings
confidence high
sentiment positive
materiality 0.85
Toast Q2 2025: record 8,500 net new locations, ARR up 31% to $1.9B, net income $80M
Toast, Inc.
2025-Q2 EPS reported
$0.23
revenue$2,887,000,000
- ARR grew 31% YoY to $1.9B; total locations up 24% to ~148,000.
- Record 8,500 net new locations; GPV up 23% to $49.9B.
- GAAP net income $80M (vs $14M); Adjusted EBITDA $161M (vs $92M).
- Subscription & fintech gross profit grew 35% YoY to $447M (GAAP).
- Partnership with American Express; launched Toast Go 3; first AU customer.