Added to YB: 2026-07-27
Pitch date: 2026-07-23
TOST [neutral]
Toast, Inc.
Author Info
No bio for this author
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
$16.5B
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
35.02
P/E
42.65
EV/Sales
2.28
Sector
Financial Services
Category
growth
TOST: Only an MIT Led Company Could Find a Way to Work with Alinea and Applebees
TOST (overview): Restaurant POS/software serving Alinea to Applebee's. Stock -40% from highs yet locations +22%, ARR +26%, op margin 0%→7% in Q1. Payments 82% rev/23% GM; software 15% rev/72% GM = 40%+ gross profit, sticky moat. 109% NRR. SBC ~half of $608M FCF. 23x fwd, cheap vs history. Key risk: extreme cyclicality serving fragile small restaurants; nascent lending adds risk. MIT founders untested in recession.
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