Toast, Inc. · NYSE:TOST
Toast — Q1 2026 Earnings Presentation
9 slides from Toast's earnings presentation, May 7, 2026
Slide 1: Toast First Quarter 2026 Earnings Call - Prepared Remarks
Toast First Quarter 2026 Earnings Call - Prepared Remarks Michael Senno, SVP Finance Thank you. Welcome to Toast’s first quarter 2026 earnings call. Toast’s CEO, Aman Narang and CFO, Elena Gomez will open with prepared remarks followed by Q&A. Before we start, I'd like to remind everyone that today’
Slide 2: 2026 priorities and AI platform evolution
I'm really proud of the Toast team - we are both delivering world class results and reinventing ourselves at the same time - from how we build for, sell to, and support our customers with AI, as well as a series of AI investments across our platform to help our customers with the intelligence and th
Slide 3: Toast IQ and Marketing Agent
not their core competency and give them time back to do what they do best - great food, great service, and great hospitality. Our advantage here is structural. The data that powers these functions — what guests order, how often and when they visit, how much our customers spend on labor and inventory
Slide 4: Toast Local expansion and reservations
ordering pickup, delivery, or dining in. That last part is important– unlike aggregator marketplaces built around delivery, Toast Local extends into the on-premise experience where the majority of restaurant revenue is generated. We recently expanded that experience significantly: Toast Local now en
Slide 5: The Alinea Group goes live on Toast
We're proud to announce that The Alinea Group — the world-renowned Chicago-based restaurant group that includes iconic Alinea, Next, The Aviary and The Office — went live on Toast. They chose Toast as a key technology partner that shared the same DNA of relentless innovation, commitment to precision
Slide 6: Expanding into enterprise, international and retail
expand — but our vertical playbook is proven, and with the TAM runway in front of us, I'm confident we can replicate our success we’ve had in our core business. Priority 3: Drive productivity through AI AI is reshaping how we work. Engineering coding velocity is up over 60% year-over-year and accele
Slide 7: Q1 2026 operating highlights
Building on last year's momentum, we added 7,000 net locations in Q1 and ended the quarter with 171,000 live locations, up 22% from a year ago. Our best-in-class vertical-SaaS platform and local go-to-market execution continues to drive consistent share gains in our core complemented by increasing c
Slide 8: Expenses, margins and productivity
productivity. Over time, AI efficiency gains will give us the flexibility to invest more in key growth initiatives and support our long term margin profile. Sales & marketing expenses increased 20% reflecting our strong location growth. We’re investing to support our ongoing market share gains in ou
Slide 9: Q2 and full-year 2026 guidance
The combination of our strong financial results and decline in our diluted share count resulted in GAAP EPS more than doubling to $0.20. Turning to guidance. For the second quarter, we expect total Subscription and Fintech gross profit to grow 22-24% year-over-year and Adjusted EBITDA to be $185-$19