capital · May 16, 2026
Toast Outlines $790M-$810M FY2026 Adjusted EBITDA Target
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Toast projected $790 million to $810 million in adjusted EBITDA for full-year 2026 during its May 8 earnings call. The guidance follows Q1 recurring gross profit growth of 27% and GAAP operating income margin expansion to 21%. CEO Aman Narang cited AI-driven Toast IQ features and margin expansion as key drivers while noting risks from tariffs. The company added 7,000 net locations in Q1 and raised its 2026 revenue outlook to 21%-23%.
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