Toast, Inc.
Close on Oct 19, 2026
- Market cap
- $18.56B
- P/E (TTM)
- 39.8
- Dividend yield
- –
About Toast
Services-Computer Processing & Data Preparation, SIC 7374
Toast, Inc. provides a cloud-based digital technology and financial platform designed specifically for the restaurant and food and beverage retail industry. The company delivers a suite of software-as-a-service applications, restaurant-grade hardware, and integrated payment processing solutions that connect front-of-house and back-of-house operations. Key offerings include point-of-sale systems, digital ordering and delivery tools, kitchen display technology, payroll and team management, vendor and inventory management, and marketing solutions. The company serves food service and retail operators across diverse service models, such as dine-in, takeout, catering, and delivery, ranging from small independent operators to large multi-location enterprises.
The business operates primarily across the United States, where its platform accounts for an estimated twenty percent of domestic restaurant locations, and maintains research and development personnel distributed across North America, Europe, and Asia. In addition, the company employs approximately 6,500 people worldwide and maintains an ecosystem connecting customers with over 200 partner integrations. The provided excerpt does not state the city or country of its corporate headquarters.
Summary of the business section of Toast's latest annual report, written by StockData.
Company profile
Company
- Legal name
- Toast, Inc.
- Founded
- 2012
- Headquarters
- Boston, MA
- Address
- 333 Summer Street 02210
- Phone
- (617) 297-1005
- Website
- toasttab.com
- Employees
- 6,500, Dec 31, 2025
- Industry
- Services-Computer Processing & Data Preparation
- Fiscal year ends
- December 31
- Auditor
- Ernst & Young LLP, Boston, Massachusetts
Stock & identifiers
- Ticker
- TOST
- Exchange
- NYSE
- IPO date
- Sep 22, 2021
- Shares outstanding
- 578M, Jul 30, 2026
- Public float
- $23.00B, Jun 30, 2025
- Filer category
- Large accelerated filer
- SEC CIK
- 1650164
- CUSIP
- 888787108
- ISIN
- US8887871080
- LEI
- 549300TN1PZNLCD4I551
- EIN
- 45-4168768
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Aman Narang | CEO, Director | 18,984,041 |
| Stephen Fredette | President, Director | 28,663,897 |
| Jonathan Vassil | Chief Revenue Officer | 154,235 |
| Elena Gomez | President, CFO | 160,150 |
| Rossana Niola | Principal Accounting Officer | 4,306 |
| Brian R. Elworthy | General Counsel | 236,277 |
| Gail A. Miller | Principal Accounting Officer | – |
| Deval L. Patrick | Director | 45,815 |
| Hilarie A. Koplow | Director | 48,147 |
| Anutthara Bharadwaj | Director | – |
| Mark J. Hawkins | Director | 101,860 |
| Susan Chapman-Hughes | Director | 14,530 |
| Paul D. Bell | Director | 232,148 |
| Richard Kent Bennett | Director | 539,423 |
| David Yuan | Director | 37,511 |
| Christopher P. Comparato | Director | 8,575,420 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Narang | $10.68M | $10.73M | $4.88M | $57 | $209 |
| FY2024 Mr. Narang | $11.27M | $23.90M | $4.94M | $58 | $170 |
| FY2023 Mr. Narang | $8.59M | $10.90M | $4.41M | $29 | $125 |
| FY2022 Mr. Narang | $8.21M | -$14.15M | $3.75M | $29 | $80 |
| FY2021 Mr. Narang | $2.48M | $97.43M | $5.64M | $56 | $113 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“As of December 31, 2025, we had approximately 6,500 employees worldwide.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Sep 22, 2021 | IPO | Initial public offering priced (424B4 prospectus) |
| Sep 20, 2021 | Listing | Registration of securities on an exchange (Form 8-A) |