Toast

At the Goldman Sachs conference, Toast said it has grown its business more than fivefold since its IPO and now serves over 50,000 locations with a market share of more than 20% in the US restaurant market. The AI-powered marketing product Toast IQ Grow is driving new revenue growth and is expected to be the fastest product to reach $10 million in ARR; expansion into retail, international markets and enterprise is intended to double ARR from $100 million to $200 million by 2026. Management reports significantly higher margins and expects long-term operating margins above 40%, while adjusted EBITDA for the current year is expected to be around $800 million. » More on de.investing.com

Toast beat analyst estimates in the second quarter with revenue of $1.91 billion, roughly $40 million above expectations, and added a net 9,500 new restaurant locations, bringing the total to about 180,000. The company raised its full-year forecast for recurring gross profit growth to 23–25% and reported an adjusted EBITDA margin of 37% for the quarter. Several analysts then raised their price targets, sending the stock sharply higher. » More on de.investing.com

Toast reported Q2 2026 revenue of $1.91 billion, exceeding the consensus of about $1.87 billion. Earnings per share were $0.26, below the estimate of $0.32, while ARR rose 25% and recurring gross profit streams increased 28%. Adjusted EBITDA climbed 38% to $221 million and net new locations grew by a record 9,500. Management raised the full-year outlook for recurring gross profit growth and adjusted EBITDA; the stock dipped slightly in after-hours trading. » More on de.investing.com

Toast shares plunged about 15.6% after reporting Q1 results, as adjusted EPS of $0.20 missed the consensus of $0.27. Revenue of $1.63 billion matched expectations and rose 22% year over year, but could not prevent the sell-off. Analysts mostly upheld ratings but cut price targets, and investors remained skeptical despite an increased full-year outlook and ongoing share buybacks. » More on de.investing.com

Toast has joined the Alliance Partner Program of Preferred Hotels & Resorts and has been named a recommended provider of POS system technology — including software, hardware and payment processing — for member properties in the US, the UK, Ireland and Canada. The solutions are intended to support hotels' food-and-beverage and retail areas, for example with LTE-enabled handheld devices such as the Toast Go 3. Preferred Hotels & Resorts represents more than 625 luxury hotels, resorts, residences and hotel groups in over 80 countries. » More on de.investing.com