Toast Inc. (NYSE: TOST) reported first-quarter 2026 financial results on May 8, 2026.
Adjusted earnings per share reached $0.20. This figure missed the analyst consensus of $0.27.
Revenue met forecasts at $1.63 billion. This total represents a 22% increase year-over-year.
The annualized recurring run-rate grew 26%. This metric reached $2.2 billion.
Toast raised its full-year guidance for adjusted EBITDA and gross profit. Shares fell significantly during the May 8 trading session following the earnings miss.