🔹 Revenue: $1.63B (Est. $1.58B) 🟢
🔹 Adj. EPS: $0.16 (Est. $0.24) 🔴
🔹 Adj. EBITDA: $176M (vs. $113M YoY) 🟢
🔹 ARR: $2.0B, up 30% YoY
🔹 Net New Locations: +7,500 to about 156K
🔹 GPV: $51.5B, up 24% YoY
FY25 Guidance
🔹 FY25 Adj. EBITDA: $610M–$620M (raised from $565M–$585M) 🟢
🔹 Gross Profit: $1.865B–$1.875B, up 32% YoY (raised from 28–29%) 🟢
Highlights
🔹 Launched Toast IQ, an AI assistant for restaurants, with a Coca-Cola partnership for beverage optimization
🔹 Signed large-scale deals with Nordstrom, TGI Fridays, and Everbowl
🔹 Announced multi-year global partnership with Uber to enhance digital ordering and guest experience
🔹 Added Atlassian President Anu Bharadwaj to the Board
CEO Aman Narang
🔸 “We’re driving sustained growth. ARR crossed $2B, and our AI-powered tools like Toast IQ are already helping customers perform better.”