Toast Q1 net income $126M, ARR $2.2B (+26%), adds 7K locations

Toast, Inc.

2026-Q1 EPS reported $0.20 revenue$1,630,000,000

Net income $126M (diluted EPS $0.20) vs $56M ($0.09) in Q1 2025; Adjusted EBITDA $179M.
ARR reached $2.2B (+26% YoY); total locations ~171,000 (+22%); GPV $51.3B (+22%).
Subscription & fintech gross profit $520M GAAP (+32%); operating income $110M (21% margin).
Repurchased 14M shares for $378M year-to-date through May 6; free cash flow $115M in Q1.

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