Toast Profit Rises in 4Q on Payment Volume Boost

Dow Jones

Feb 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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