Toast Inc. (NYSE: TOST)
Software - Application · Boston, MA, United States · Founded 2012
- Market capitalization: $14.0 billion
- Annual revenue: $6.15 billion
- Net income: $0.34 billion
- Employees: 5,000
- Sector: Technology
- Headquarters: Boston, United States
- Founded: 2012
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Toast is a restaurant technology platform providing point-of-sale systems, payment processing, and management software to restaurants. They've built an all-in-one system covering ordering, payments, payroll, marketing, and delivery — everything a restaurant needs to operate. Over 120,000 restaurant locations use Toast.
Payment processing fees (the largest revenue source), SaaS subscriptions for the software platform, and hardware sales (terminals, kitchen displays). The fintech revenue (payments) subsidizes the software, allowing them to price aggressively against legacy POS systems.
Founded in 2012 in Boston by Steve Fredette, Aman Narang, and Jonathan Grimm. Toast went public in 2021. They've grown rapidly by replacing legacy POS systems (like Aloha and Micros) with a modern, cloud-based platform. The company reached profitability on an adjusted basis in 2023.
| Market Capitalization | $14.0B |
| Annual Revenue | $6.15B |
| Net Income | $0.34B |
| Profit Margin | 6% |
| Revenue per Employee | $1230000K |
| Stock Exchange | NYSE |
| Ticker Symbol | TOST |
Financial data is approximate and based on most recent annual filings.
Toast processes over $130 billion in gross payment volume annually. The company started by cold-calling restaurants in Boston — a decidedly low-tech approach to selling high-tech products.
Toast is winning the restaurant tech war through a combination of great product and aggressive go-to-market. The payments revenue provides a floor, and the software upsell drives margin expansion.
What is Toast Inc.'s revenue?
Toast Inc. generates approximately $6.15 billion in annual revenue.
How many employees does Toast Inc. have?
Toast Inc. employs approximately 5,000 people worldwide.
What is Toast Inc.'s market cap?
Toast Inc. (TOST) has a market capitalization of approximately $14.0 billion on the NYSE.
When was Toast Inc. founded?
Toast Inc. was founded in 2012 and is headquartered in Boston, MA, United States.
Who is the CEO of Toast Inc.?
Aman Narang is the current CEO of Toast Inc..
What is Toast Inc.'s website?
Toast Inc.'s official website is toasttab.com.
| CEO | Aman Narang |
| Sector | Technology |
| Industry | Software - Application |
| Founded | 2012 |
| HQ | Boston, MA |
| Country | United States |
| Website | toasttab.com |
See traffic, security, and technical data for Toast Inc.'s website:
📊 toasttab.com stats 📋 WHOIS 🌐 DNS 🔒 SSL