Question 1

What is Toast?

Accepted Answer

Toast is a cloud-based restaurant point-of-sale (POS) and management platform founded in 2011 and based in Boston, Massachusetts. The company serves over 134,000 restaurant locations across the United States and is publicly traded on the NYSE under the ticker symbol TOST with a market cap of $20 billion.

Question 2

What products and services does Toast offer?

Accepted Answer

Toast offers a comprehensive suite of restaurant technology solutions including restaurant POS systems, payment processing, online ordering, delivery management, and kitchen display systems. These cloud-based tools help restaurants manage their operations end-to-end.

Question 3

Who is Toast designed for?

Accepted Answer

Toast primarily serves the fast casual and quick service restaurant (QSR) industry. The platform is used by over 134,000 restaurant locations across the United States.

Question 4

When was Toast founded?

Accepted Answer

Toast was founded in 2011 and participated in Y Combinator's Summer 2012 batch (S12).

Question 5

Where is Toast headquartered?

Accepted Answer

Toast is headquartered in Boston, Massachusetts.

Question 6

Is Toast publicly traded?

Accepted Answer

Yes, Toast is a publicly traded company listed on the New York Stock Exchange under the ticker symbol TOST. As of the most recent data, the company has a market capitalization of $20 billion.

Question 7

What are Toast's key financial metrics?

Accepted Answer

As of September 2025, Toast reported trailing twelve month (TTM) revenue of $5.858 billion (up 25.76% year-over-year), $42.2 billion in gross payment volume (up 25% YoY), and $1.6 billion in annual recurring revenue or ARR (up 34% YoY). The company serves over 134,000 restaurant locations.

Question 8

What technology approach does Toast use?

Accepted Answer

Toast uses a cloud-based technology platform to deliver its restaurant management and POS solutions. This cloud-based approach enables restaurants to access their systems and data from anywhere.

Question 9

How many restaurant locations use Toast?

Accepted Answer

Toast currently serves more than 134,000 restaurant locations across the United States. The company added 28,000 new locations in Q4 2024 alone.

Question 10

What are Toast's most recent developments?

Accepted Answer

In 2024, Toast achieved revenue of $4.96 billion (up 28.33% year-over-year) and processed $42.2 billion in gross payment volume. As of September 2025, the company's TTM revenue reached $5.858 billion with continued strong growth, adding 28,000 new locations in Q4 2024.

Toast

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Frequently Asked Questions

What is Toast?

What products and services does Toast offer?

Who is Toast designed for?

When was Toast founded?

Where is Toast headquartered?

Is Toast publicly traded?

What are Toast's key financial metrics?

What technology approach does Toast use?

How many restaurant locations use Toast?

What are Toast's most recent developments?

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