"Revenue reached $1.63 billion, beating the $1.59 billion consensus by 2.8% and climbing 25.1% year over year. Gross profit jumped 34.2% to $432 million, and the company added approximately 7,500 net new locations to reach 156,000 globally. Annual recurring revenue (ARR) surpassed $2.0 billion, up 30% from the prior year. The operational metrics paint a picture of a business firing on most cylinders."
"Adjusted EPS of $0.16 fell 30% short of the $0.23 estimate. This marks the first miss after two consecutive beats in Q1 and Q2 2025. The company did report net income of $105 million, up 87.5% year over year, which suggests the miss may stem from share count changes, one-time charges, or how the company is recognizing certain costs. Without detailed commentary from management, the exact mechanics remain unclear."
Toast reported adjusted EPS of $0.16 versus $0.23 expected, a 30% shortfall after two prior beats. Revenue rose 25.1% year over year to $1.63 billion, beating consensus, while gross profit increased 34.2% to $432 million. The company added roughly 7,500 net new locations to reach 156,000 and saw ARR top $2.0 billion, up 30% year over year. Operating income more than doubled to $84 million, free cash flow reached $153 million, and adjusted EBITDA climbed to $176 million. Net income was $105 million, up 87.5% year over year. Investors reacted positively in after-hours trading.
Read at 24/7 Wall St.
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