earnings
confidence high
sentiment positive
materiality 0.82
Toast Q3 2025: ARR hits $2.0B (+30% YoY), net income $105M, Adj. EBITDA $176M
Toast, Inc.
2025-Q3 EPS reported
$0.39
revenue$4,520,000,000
- Annualized Recurring Revenue (ARR) crossed $2.0 billion, up 30% year-over-year.
- Net income of $105 million (GAAP) compared to $56 million in Q3 2024; Adjusted EBITDA $176 million vs $113 million.
- Total locations grew 23% YoY to ~156,000; added ~7,500 net new locations in Q3.
- Gross Payment Volume (GPV) rose 24% YoY to $51.5 billion.
- Free Cash Flow of $153 million, up from $97 million a year ago.
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