Added to YB: 2026-05-15
Pitch date: 2026-05-13
TOST [neutral]
Toast, Inc.
Author Info
Bob’s Payment Stock Substack is a former analyst and portfolio manager. Fundamental buy-and-hold investor. Talking stocks and markets. Focus on Payments, Financial Technology, and Payroll and HCM. Sign up for the newsletter.
Company Info
Toast, Inc. operates a cloud-based digital technology platform for the restaurant industry in the United States, Ireland, India, and internationally.
Market Cap
$12.9B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
26.65
P/E
33.54
EV/Sales
1.74
Sector
Financial Services
Category
growth
Payments and FinTech Earnings Recap: Q1 2026 - Toast, Inc.
TOST (earnings): Q1 beat w/ 22% GPV growth, 50.9bps take rate (+2bps YoY), 4% SaaS ARPU gain. FY26 recurring gross profit & adj EBITDA raised. Stock -46% post-ER on Q2 slowdown (27%→23% recur GP growth), Square competition, chip buys hurting FCF, 2027 hardware headwinds. Now at $23 vs $50 pre-ER = U.S. SMB restaurants priced in, intl/enterprise optionality cheap.
Read full article (1 min)