Toast, Inc. logo

Toast, Inc. (TOST) Financials

NYSE NYSE:TOST

Market Cap

10.89B

Total Revenue

2.73B

Gross Profit

511.00M

Operating Income

-384.00M

Net Income

-275.00M

Metric2019202020212022
665,000,000823,134,0001,705,000,0002,731,000,000
603,000,000682,721,0001,391,000,0002,220,000,000
62,000,000140,413,000314,000,000511,000,000
64,000,000108,574,000163,000,000282,000,000
128,000,000139,325,000190,000,000319,000,000
83,000,000112,661,000189,000,000294,000,000
211,000,000251,986,000379,000,000613,000,000
275,000,000360,560,000542,000,000895,000,000
-213,000,000-220,147,000-228,000,000-384,000,000
1,000,000-27,795,000-262,000,000107,000,000
-204,000,000-192,724,000-207,000,000-455,000,000
9,000,00027,423,00021,000,000-71,000,000
2,000,000842,000--11,000,000
--12,651,00012,000,00011,000,000
-212,000,000-247,942,000-490,000,000-277,000,000
-3,000,000261,000-3,000,000-2,000,000
-209,000,000-248,203,000-487,000,000-275,000,000
-0.45-0.54-1.68-0.54
-0.45-0.54-1.68-0.54
461,179,215461,179,215289,584,001511,754,986
461,179,215461,179,215289,584,001512,243,106
878,000,0001,043,281,0001,933,000,0003,115,000,000
62,000-486,000--1,000,000

Key Facts

Industry

Software—Infrastructure

Sector

Technology

Headquarters

Boston, MA, US

CEO

Mr. Christopher P. Comparato

Employees

4500

About the Company

Toast, Inc. operates a cloud-based and digital technology platform for the restaurant industry in the United States and Ireland. The company offers Toast Point of Sale (POS), a hardware product; Toast Order & Pay, which allows guests to order and pay from their mobile devices; Toast Flex that is used for on-counter order and pay, as well as used as a server station, guest kiosk, kitchen display system, or order fulfillment station; Toast Go, a handheld POS device that enhances the table turn times through tableside ordering and payment acceptance; and Toast Tap, a card reader. It also provides kitchen display system software that connects the front of the house with the kitchen staff; multi-location management software, which allows customers to manage and standardize their operations and configure menus; xtraCHEF that provides back-office tools; and Toast Flex for Kitchen, a larger format mountable piece of hardware that can be used as a kitchen screen. In addition, the company offers Toast Online Ordering & Toast TakeOut app, a software-based platform that provides restaurants to take off-premises orders directly through their branded website; First-Party Delivery services for restaurants to manage a fleet of drivers, and customize delivery hours, zones, fees, and minimum ticket sizes; Toast Delivery Services, which enables restaurants to utilize a partner network of delivery drivers; and Toast Delivery Partners services. Further, it provides loyalty programs and gift cards; payroll and team management products; business owner policy insurance and restaurant-specific add-ons; payment processing solutions; loans advanced to restaurants; purchase financing; reporting and analytics solutions; Toast Partner Connect that allows customers to discover, select, and connect their restaurant to its partners; and bi-directional APIs. The company was incorporated in 2011 and is headquartered in Boston, Massachusetts.