Toast announced its first-quarter 2025 financial results on May 8, 2025, reporting total revenue of $1.34 billion, which represents a 24.4% increase year-over-year. The company achieved a net income of $56 million, or 9 cents per share, demonstrating continued progress in its profitability.
During the quarter, Toast added over 6,000 net new locations, further expanding its customer base and market penetration. This consistent growth in locations underscores the ongoing demand for Toast's integrated technology platform within the restaurant industry.
The company also provided optimistic Adjusted EBITDA guidance for the upcoming quarter, surpassing analysts' expectations. These results highlight Toast's sustained financial performance, operational efficiency, and its ability to deliver value to its growing customer base.
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