Toast — Third Quarter 2026 Earnings Summary

Toast reported strong third-quarter 2026 financial results, with Annualized Recurring Run-Rate (ARR) growing 24% to $2.5 billion and Gross Payment Volume (GPV) increasing 20% to $61.8 billion. The company added approximately 8,500 net new locations, bringing the total to roughly 189,000, while net income rose to $169 million and Adjusted EBITDA reached $240 million. Leadership changes include the departure of CFO Elena Gomez at the end of the year, with Michael Senno set to succeed her on January 1, 2027. Looking ahead, Toast provided guidance for Q4 2026 and the full year, projecting Adjusted EBITDA between $200 million and $210 million for the quarter and $840 million to $850 million for the year.