Toast (TOST) Misses Q4 EPS by 14c, Offers Guidance

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Go back to Toast (TOST) Misses Q4 EPS by 14c, Offers Guidance

Toast Announces Fourth Quarter and Full Year 2022 Financial Results

February 16, 2023 7:00 AM EST

Annualized recurring run-rate (ARR) as of December 31, 2022 increased to $901 million

Added approximately 23,000 net new locations in 2022

Fourth quarter gross profit grew 116% and non-GAAP gross profit grew 110% year-over-year

BOSTON--(BUSINESS WIRE)-- Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the fourth quarter and full year ended December 31, 2022.

Toasts strong Q4 results round out a year of durable, efficient top-line growth, consistent margin improvement, and continued product innovation. As we continue to enhance our all-in-one digital... More