Toast (TOST) Reports Q3 Revenues Beats; Guides Above

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Go back to Toast (TOST) Reports Q3 Revenues Beats; Guides Above

Toast Announces Third Quarter 2021 Financial Results

November 9, 2021 4:05 PM EST

Third quarter revenue grew 105% year-over-year to $486.4 million

Annualized recurring run-rate (ARR) as of September 30, 2021 grew 77% year-over-year to $543.8 million

Third quarter gross payment volume (GPV) grew 123% year-over-year to $16.5 billion

BOSTON--(BUSINESS WIRE)-- Toast (NYSE: TOST), the all-in-one platform built for restaurants, today reported financial results for the third quarter ended September 30, 2021.

In the third quarter, we delivered strong results across the board, said Chris Comparato, CEO, Toast. Toasts performance is a result of our relentless focus on driving restaurant success with our all-in-one technology... More