Toast: recurring gross profit up 27% as company lifts full-year guidance
Toast reported 27% recurring gross profit growth and a 37% adjusted EBITDA margin in the third quarter, and raised its full-year guidance.
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what happened
According to TradingView, Toast posted 27% growth in recurring gross profit in the third quarter. Its adjusted EBITDA margin reached 37%, and the company added a net 8,500 locations.
Full-year guidance was raised. The company says AI products and entry into new markets remain major areas for growth investment.
why it matters
Two points stand out for the market: fast growth combined with a high margin, and a raised outlook that suggests momentum is holding. How spending on AI and new markets affects profitability in the coming quarters will be worth watching.
market impact
Toast shares: raised guidance and strong margins support sentiment around the stock
- Toast shares pressure up — raised full-year guidance points to stronger expected growth
tags
instruments
sources
- TOST: Recurring gross profit grew 27%; raised guidance and AI-led expansion anchor the outlook — TradingView, 3 November 2026 at 23:27 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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