Toast Q2 2026: Net income $154M, ARR $2.4B (+25% YoY), record 9,500 net new locations

Toast, Inc.

ARR grew 25% YoY to $2.4B; total locations up 22% to ~180,000.
Net income $154M ($0.26 diluted EPS) vs $80M in Q2 2025; Adjusted EBITDA $221M.
GPV rose 22% to $60.7B; subscription & fintech gross profit up 31% to $585M.
Repurchased 19M shares for $486M YTD through June 30, 2026.
CEO cites record net adds and AI offering Toast IQ Grow as fastest-launching product.

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