Toast Raises FY2026 Outlook Following 23% Revenue Growth

Key Facts

1Toast reported a 23% YoY revenue increase to $1.908B for Q2 FY2026.

2The company raised its FY2026 outlook and reported operating income of $152M.

Toast reported a 23% year-over-year revenue increase to $1.908 billion for the second quarter of fiscal year 2026. Seeking Alpha reported that the company raised its full-year 2026 outlook after generating $152 million in operating income during the quarter.

The growth was driven by a 22% expansion in both locations and payment volume, alongside the rollout of AI-driven products. Shares of TOST closed at $30.89 on October 13, 2026, having traded between a session low of $30.79 and a high of $31.75.