Toast (TOST) Misses Q3 EPS by 8c, Beats on Revenue; Offers Guidance

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Toast Announces Third Quarter 2025 Financial Results

November 4, 2025 4:05 PM EST

Annualized recurring run-rate (ARR) grew 30%, crossing $2.0 billion as of September 30, 2025

Added approximately 7,500 net new Locations in third quarter 2025

Net income was $105 million and Adjusted EBITDA was $176 million in third quarter

BOSTON--(BUSINESS WIRE)-- Toast (NYSE: TOST), the all-in-one digital technology platform built for restaurants, today reported financial results for the third quarter ended September 30, 2025.

Toast delivered another strong quarter - ARR grew 30% to over $2.0 billion, Adjusted EBITDA was $176 million, and we added approximately 7,500 net locations and now power 156,000 locations globally,... More