Toast raises FY2026 outlook after 23% revenue growth and strong AI-driven expansion

Toast reported a 23% revenue increase to $1.908 billion in Q2 FY2026, with 22% growth in locations and payment volume year-over-year. Operating income reached $152 million, prompting a second upward revision of its FY2026 outlook. The company is expanding into AI-driven products and new verticals like labor and marketing, enhancing its monetization and customer retention potential. Risks include hardware cash needs, inventory buildup, competition, regulatory scrutiny, and uncertain profits from new AI initiatives.

Toast's stock price on Pluang is currently USD 29.79, down 3.58% in the last day. The market cap stands at $17.85 billion, with all recent Pluang orders being buys as of Oct 15, 2026 03:43 WIB.