Toast Profit Rises in 4Q on Payment Volume Boost

Dow Jones

02/13

By Amira McKee

Toast posted higher profit and revenue as restaurant contracts and payment volume rose in the fourth quarter.

The developer of payment systems for restaurants on Thursday logged a profit of $101 million, or 16 cents a share, compared with $33 million, or 5 cents a share, a year earlier.

Revenue grew 22% to $1.63 billion, beating the $1.62 billion expected by Wall Street, according to FactSet.

Gross payment volume increased 22% to $51.4 billion. Analysts polled by FactSet expected $50.71 billion. Total locations increased 22% to approximately 164,000.

Toast expects adjusted earnings before interest, taxes, depreciation, and amortization in the range of $160 million to $170 million in the first quarter, and $775 million to $795 million for the full year.

Wall Street is projecting $161.4 million in the first quarter, and $781 million for the full year.

Write to Amira McKee at amira.mckee@wsj.com

(END) Dow Jones Newswires

February 12, 2026 17:52 ET (22:52 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

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Analysts polled by FactSet expected $50.71 billion. 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