NYSE$TOST
Toast Inc. · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Delivered strong results with revenue growing 105% year-over-year and GPV growing 123% year-over-year.
Toast reported strong third-quarter results, with revenue increasing by 105% year-over-year to $486.4 million. The company's ARR grew by 77% year-over-year to $543.8 million, and GPV increased by 123% year-over-year to $16.5 billion.
- Revenue for the third quarter of 2021 was $486.4 million, an increase of 105% from the third quarter of 2020.
- ARR as of September 30, 2021 was $543.8 million, an increase of 77% as compared to September 30, 2020.
- GPV for the third quarter of 2021 was $16.5 billion, an increase of 123% from the third quarter of 2020.
- Net loss for the third quarter of 2021 was $252.5 million, as compared to $62.6 million in the third quarter of 2020.
Headline financials
Revenue & EPS history
Toast · Revenue · Quarterly
$486M
Revenue by segment
Toast · $486M total across 4 segments · Q3 2021
- Financial Technology Solutions$404M+114.8%83.1%
- Subscription Services$45.8M+67.1%9.4%
- Hardware$31.1M+71.1%6.4%
- Professional Services$5.3M+76.2%1.1%
Forward guidance
For the fourth quarter ending December 31, 2021, Toast expects to report revenue in the range of $465 million to $495 million and Adjusted EBITDA in the range of $(50) million to $(40) million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
+0.8%
Avg return
Earnings day
-1.4%
Avg return
5 days after
-2.6%
Avg return
30 days after
57%
13 / 23 earnings
Positive
+18.2%
Q1 2022
Best reaction
-25.0%
Q4 2022
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -14.8% | -24.0% | -16.2% | |
| Q4 2025 | +4.6% | +5.9% | +5.6% | |
| Q3 2025 | +9.5% | +7.1% | +0.1% | |
| Q1 2025 | +11.4% | +23.0% | +20.1% | |
| Q4 2024 | +0.7% | -9.5% | -12.0% | |
| Q3 2024 | +16.6% | +22.7% | +20.8% | |
| Q2 2024 | -5.1% | -1.2% | +0.8% | |
| Q1 2024 | +13.8% | +13.9% | -4.0% | |
| Q4 2023 | +11.3% | +8.1% | +16.9% | |
| Q3 2023 | -12.7% | -17.3% | -11.7% | |
| Q2 2023 | +13.8% | +18.4% | +7.1% | |
| Q1 2023 | +9.1% | +0.7% | +13.3% | |
| Q4 2022 | -25.0% | -24.8% | -34.1% | |
| Q3 2022 | +16.1% | +15.9% | +9.4% | |
| Q2 2021 | +5.6% | +7.4% | +18.1% | |
| Q2 2022 | +6.4% | +11.8% | +16.1% | |
| Q1 2021 | -2.7% | -7.6% | +4.8% | |
| Q1 2022 | +18.2% | +6.5% | +18.1% | |
| Q4 2019 | -0.1% | -12.8% | +5.9% | |
| Q4 2021 | -16.2% | -23.9% | -31.0% | |
| Q3 2021 | -14.3% | -17.5% | -36.3% | |
| Q3 2020 | -14.3% | -17.5% | -36.3% | |
| Q4 2020 | -14.3% | -17.5% | -36.3% | |
| Q2 2020 | — | — | — | |
| Q1 2020 | — | — | — |
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