"We power over 160,000 restaurants. So you can imagine the data that sits in our platform. This data creates value for operators, allowing them to benchmark prices and identify opportunities for improvement."
"Toast IQ is a conversational AI assistant that includes menu upsells, shift-at-a-glance operational visibility, and an AI marketing assistant, showcasing our commitment to driving innovation with AI."
"Full year 2025 revenue came in at $6.153 billion, up 24.05% year over year, while gross profit reached $1.593 billion, up 33.87%, demonstrating strong business results."
"We're confident we're building a platform that can serve many multiples of our current locations and scale to $5 billion and $10 billion in annual recurring revenue."
Toast has expanded its restaurant network to approximately 164,000 locations globally, growing 22% year over year. The company emphasizes data as a product, exemplified by its benchmarking tool that provides valuable insights to restaurant owners. AI innovation is a priority, with the launch of Toast IQ, a conversational assistant for restaurants. Financially, Toast reported $6.153 billion in revenue for 2025, a 24.05% increase, and aims to scale significantly in the future, targeting $5 billion to $10 billion in annual recurring revenue.
Read at 24/7 Wall St.
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