Toast Inc. Beats Q2 2026 Revenue and Profit Estimates

Toast Inc. reported second-quarter CY2026 financial results that surpassed analyst expectations across several key metrics. The restaurant technology company recorded $1.91 billion in revenue, representing a 23.1% year-on-year increase and beating the estimated $1.87 billion.

GAAP profit reached $0.26 per share, 28.2% higher than the consensus estimate of $0.20. The company also reported an adjusted EBITDA of $221 million, which exceeded the forecast of $195.1 million. Additional financial highlights included annual recurring revenue of $2.4 billion and a full-year EBITDA guidance midpoint of $815 million.

Despite these positive figures, the company's stock price fell 1.3% to $33.38 immediately after the announcement. This decline coincided with a report from the company noting a negative customer acquisition cost payback period for the quarter.