enterprise News & Analysis

Toast (TOST) Powers 164,000 Restaurants, Sees 24% Revenue Growth

Toast (TOST) ended 2025 with approximately 164,000 restaurant locations globally, marking a 22% year-over-year increase and adding 30,000 net new locations. The company reported full-year 2025 revenue of $6.153 billion, reflecting a 24.05% increase, with a gross profit of $1.593 billion, up 33.87%. Annual recurring revenue (ARR) reached $2.05 billion, growing 26% year-over-year. Notably, Toast signed major enterprise deals, including Applebee's and Teriyaki Madness, supporting its strategy to expand its data-driven technology across the restaurant industry.