November 4, 2025 — Toast (NYSE: TOST) announced its third-quarter financial results, with ARR growing 30% to over $2.0 billion and adjusted EBITDA at $176 million. The company added approximately 7,500 net locations, powering 156,000 locations globally. Toast CEO Aman Narang highlighted the company’s opportunity for sustained growth, with recent launches like Toast IQ and Toast Advertising aiding customers in increasing revenue and efficiency. For the fourth quarter ending December 31, 2025, Toast expects non-GAAP subscription services and financial technology solutions gross profit in the range of $480 million to $490 million and adjusted EBITDA in the range of $140 million to $150 million.
Recent business highlights included the expansion of the Toast IQ intelligence ecosystem with a conversational AI assistant, partnerships with Nordstrom, TGI Fridays®, and Everbowl, and a multi-year strategic global partnership with Uber Technologies, Inc. Toast also appointed Anu Bharadwaj to its Board of Directors.
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Source: Toast