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Toast reported strong Q3 FY25 results, beating expectations and raising full-year guidance, driven by robust product innovation and strategic partnerships. Toast's ARR surpassed $2B, with management targeting $5B-$10B, fueled by core US SMB growth and expansion into Enterprise, International, and Food & Beverage verticals. AI-driven products like Toast IQ and a new Uber partnership are enhancing restaurant operations, guest experience, and revenue generation for their restaurant businesses.
Toast, Inc. ( TOST ) Q3 2025 Earnings Call November 4, 2025 5:00 PM EST Company Participants Michael Senno - Senior VP of Finance & Strategy, Treasury and Investor Relations Aman Narang - Co-Founder, CEO & Director Elena Gomez - President, CFO and Interim Chief Accounting & Principal Accounting Officer Conference Call Participants Josh Baer - Morgan Stanley, Research Division William Nance - Goldman Sachs Group, Inc., Research Division Timothy Chiodo - UBS Investment Bank, Research Division Dan Dolev - Mizuho Securities USA LLC, Research Division Dominic Ball - Rothschild & Co Redburn, Research Division David Hynes - Canaccord Genuity Corp., Research Division Rayna Kumar - Oppenheimer & Co. Inc., Research Division Jason Kupferberg - Wells Fargo Securities, LLC, Research Division Stephen Sheldon - William Blair & Company L.L.C., Research Division Samad Samana - Jefferies LLC, Research Division Darrin Peller - Wolfe Research, LLC Presentation Operator Good afternoon.
| Software - Infrastructure Industry | Technology Sector | Aman Narang CEO | XDUS Exchange | US8887871080 ISIN |
| US Country | 5,700 Employees | - Last Dividend | - Last Split | 22 Sep 2021 IPO Date |
Toast, Inc. is a progressive technology company that focuses on crafting specialized digital solutions for the restaurant industry across the United States, Ireland, and India. With a commitment to innovation, Toast, Inc. has developed a comprehensive cloud-based platform aimed at enhancing restaurant operations through advanced software and hardware products. Initially known as Opti Systems, Inc., the company underwent a rebranding to Toast, Inc. in May 2012 and was established in 2011. The headquarters of Toast, Inc. are located in Boston, Massachusetts, signifying its strong presence and dedication to transforming the restaurant industry through technology.