# Toast

> Toast is a Boston-based technology company that gives restaurants and food-and-beverage retailers one connected system for point of sale, payments, online ordering, kitchen workflows, payroll, inventory, marketing, lending, and analytics. Its advantage is vertical integration: restaurant-grade Android hardware, cloud software, payment processing, financial products, AI tools, and more than 200 technology partners share the same operating data, reducing the collection of disconnected systems operators otherwise have to manage.

- **Founded:** 2011
- **Headquarters:** Boston, United States
- **Founders:** Aman Narang (Co-founder and CEO), Steve Fredette (Co-founder), Jonathan Grimm (Co-founder)
- **Team size:** Approximately 6,500 employees worldwide as of December 31, 2025.
- **Products:** Toast Point of Sale and Operations Suite, Toast Go 3, Digital Storefront Suite, Marketing Suite, Payroll and Team Management
- **Notable:** Reached approximately 180,000 live locations and $2.4 billion in ARR by June 30, 2026., Processed $60.7 billion in gross payment volume during Q2 2026., Added a record 9,500 net new locations in Q2 2026.

## Products & services

- **Toast Point of Sale and Operations Suite** — Cloud POS, integrated payments, kitchen display systems, handheld ordering, kiosks, catering, menu management, reporting, and multi-location controls designed for restaurant workflows.
- **Toast Go 3** — A restaurant-grade handheld POS with a 6.52-inch screen, Wi-Fi and cellular models, IP65 durability, and more than 24 hours of stated battery life.
- **Digital Storefront Suite** — First-party online ordering, websites, branded apps, delivery services, marketplace integrations, and the Local by Toast consumer app.
- **Marketing Suite** — Advertising, email and SMS campaigns, loyalty, gift cards, reservations, guest CRM, and tools that use transaction history to improve targeting.
- **Payroll and Team Management** — Employee onboarding, payroll, tips, scheduling, shift swapping, team communication, and synchronized labor data from the POS.
- **xtraCHEF and Supplier & Accounting Suite** — Accounts payable automation, invoice capture, inventory, ingredient price tracking, recipe costing, and food-cost analytics.
- **Toast Finance and Toast Capital** — Integrated payment processing, checking and deposit tools, and working-capital loans from a bank partner that are generally repaid from daily card transactions.
- **Toast IQ and Toast IQ Grow** — AI assistance across business data and workflows, plus an agentic marketing package that supports websites, ordering, advertising, loyalty, gift cards, and demand generation.
- **Toast Retail** — POS, barcode scanning, inventory planning, invoice scanning, and margin tools for food-and-beverage retail and hybrid concepts.

## Achievements

- Reached approximately 180,000 live locations and $2.4 billion in ARR by June 30, 2026.
- Processed $60.7 billion in gross payment volume during Q2 2026.
- Added a record 9,500 net new locations in Q2 2026.
- Reported its first full-year GAAP profit in 2024 and grew 2025 net income to $342 million.
- Generated $6.153 billion in 2025 revenue, up 24% year over year.
- Completed an $870 million IPO on the New York Stock Exchange in September 2021 under ticker TOST.
- Named to Fast Company's 2026 list of the World's Most Innovative Companies.
- Built an API ecosystem of more than 200 restaurant technology partners.
- Expanded to the United Kingdom, Ireland, Canada, and Australia, while growing enterprise and food-retail offerings.

## Latest updates

- **2026-08** — Toast reported Q2 results: approximately 180,000 locations, $2.4 billion ARR, $60.7 billion GPV, $154 million net income, and a record 9,500 net new locations.
- **2026-08** — BWH Hotels endorsed Toast as a POS option for thousands of properties across the United States and Canada.
- **2026-07** — Toast formed independent, enterprise, and international customer advisory boards to help shape its hospitality product roadmap.
- **2026-06** — Toast announced Toast Lab, offering capital, executive mentorship, technology, and a hands-on collaboration with a new Greater Boston restaurant location.
- **2026-05** — Toast launched Toast IQ Grow, an agentic marketing offering, and announced enterprise wins including The Alinea Group and Hungry Howie's 500-location footprint.
- **2026-04** — Toast launched Toast Go 3 globally and introduced a unified drive-thru solution for enterprise quick-service restaurants.
- **2026-02** — Toast and Instacart announced a strategic partnership supporting restaurant and retail businesses.
- **2025-12** — Toast announced a multi-year Dublin R&D investment, supported by IDA Ireland, expected to create 120 roles focused on AI and global scale.

## Links

- Website: https://toasttab.com
- LinkedIn: https://www.linkedin.com/company/toast-inc
- Twitter/X: https://twitter.com/toasttab
- GitHub: https://github.com/toasttab
- YouTube: https://www.youtube.com/@ToastTab
- Instagram: https://www.instagram.com/toasttab/
- Facebook: https://www.facebook.com/ToastTab
- TikTok: https://www.tiktok.com/@toasttab

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Profile page: https://yespress.io/toast
Published by YesPress — https://yespress.io
Last updated: 2026-08-11