TOAST $TOST Q3โ26 EARNINGS HIGHLIGHTS
๐น Revenue: $1.98B (Est. $1.97B) ๐ข; +21% YoY
๐น EPS: $0.29 (Est. $0.25) ๐ข; +81% YoY
Other Q3 Metrics:
๐น Adj. EBITDA: $240M (Est. $221M) ๐ข; +36% YoY
๐น Oper Income: $165M (Est. $156M) ๐ข; +96% YoY
๐น Free Cash Flow: $181M (Est. $273M) ๐ด; +18% YoY
๐น GPV: $61.8B (Est. $61.94B) ๐ด; +20% YoY
๐น Gross Payment Volume: $61.8B (Est. $61.94B) ๐ด; +20% YoY
๐น ARR: $2.5B; +24% YoY
๐น Locations: ~189K; +21% YoY
Raises FY26 Guide:
๐น Adj. EBITDA: $840M-$850M (Est. $828M) ๐ข; from $805M-$825M
๐น Adj. Gross Profit: $2.38B-$2.39B
Q4 Guide:
๐น Adjusted EBITDA: $200M-$210M (Est. $205M) ๐ก
๐น Adj. Gross Profit: $610M-$620M
Announcements:
๐น Toast IQ: More than 20 product updates, including Toast IQ Grow expansion and Toast IQ Team launch
๐น Customer Wins: Ruby Tuesday, Lukeโs Lobster, Hopdoddy and ForFive Coffee; more than 250 locations
Key Updates:
๐น CFO Transition: Elena Gomez will step away at year-end; Michael Senno becomes CFO January 1, 2027
Comments:
๐ธ โWith our Fall Release, we expanded Toast IQ Grow and launched Toast IQ Team, moving Toast beyond tools that help operators run their business toward agents that take on the work for them.โ
๐ธ โI am proud of what we have built together โ taking Toast public, scaling to $2.5B ARR and approximately 189,000 locations globally. It is now time for me to take a break before my next chapter.โ