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Toast reports $154M Q2 net income as ARR reaches $2.4B
Q2 2026 revenue rose 23% year over year to $1.91B. Toast added about 9,500 net locations, grew ARR 25% to $2.4B and reported $154M in net income.
Toast debuts AI-powered Toast IQ Grow marketing suite
Toast introduced Toast IQ Grow with an AI Marketing Agent, a redesigned Toast Local app and more than 20 updates spanning marketing, payroll, inventory and operations.
Toast launches unified enterprise drive-thru platform
Toast Drive-Thru combines POS software, kitchen displays, digital menu boards, hardware, services and AI voice-ordering integrations for quick-service restaurant chains.
Toast appoints Rossana Niola chief accounting officer
Toast's board appointed former Mastercard executive Rossana Niola as chief accounting officer and principal accounting officer, succeeding CFO Elena Gomez in the interim accounting roles.
AI Generated Insights
Own the vision, strategy, and roadmap for the Branded Mobile App, shipping new guest‑growth features and expanding into new surfaces while partnering with engineering, design, marketing, sales, and customer success.
3+ years of product management experience with consumer‑facing iOS/Android apps, strong data‑driven decision making, high design craft, and an entrepreneurial mindset; hospitality or loyalty experience is a plus.
The app is a core channel for restaurants to own guest relationships, drive first‑party sales, increase guest frequency, and grow Toast’s addressable market, directly impacting operator revenue and guest loyalty.
About Toast:
Toast is driven by building the platform that helps merchants adapt, take control, and get back to what they do best: building the businesses they love.
Who We Are
The Branded Mobile App team builds Toast’s white-label mobile app product: an iOS and Android ordering app that restaurants launch under their own brand. It’s a core part of how our customers own their relationships with their most loyal guests.
We’re expanding the app well past order-ahead. That means agentic features that help operators turn casual guests into regulars, new surfaces like reservations, and loyalty enhancements to drive repeat behavior. We operate like a startup within Toast: small team, fast iteration, close to the customer. We measure ourselves on real impact to guest frequency and operator revenue.
About this roll* (Responsibilities)
We’re looking for a high-performing Product Manager to own the Branded Mobile App. The ideal candidate is obsessed with understanding guest and operator needs, has a bar for craft in consumer mobile products, and thrives in a fast-moving, entrepreneurial environment.
If you like solving hard problems, working iteratively, and owning a high visibility product end to end, this role is for you. It’s a chance for a growing product leader to build on a strong foundation and shape how restaurants own their guest relationships at scale.
Responsibilities include:
Do you have the right ingredients*? (Qualities & Essential Skills)
We are Toasters
Diversity, Equity, and Inclusion is Baked into our Recipe for Success.
At Toast our employees are our secret ingredient. When they are powered to succeed, Toast succeeds. The restaurant industry is one of the most diverse industries. We embrace and are excited by this diversity, believing that only through authenticity, inclusivity, high standards of respect and trust, and leading with humility will we be able to achieve our goals. Baking inclusive principles into our company and diversity into our design provides equitable opportunities for all and enhances our ability to be first in class in all aspects of our industry.
*Bread puns encouraged, but not required
How Toast Uses AI in its Hiring Process
Throughout the hiring process, our goal is to get to know you. We use AI tools to support our recruiters and interviewers with tasks like note-taking, summarization, and documentation of interviews to ensure they can be fully focused on your conversation. All hiring decisions are made by people. We ask that you complete interviews and assessments on your own, without real-time AI tools, recording, or transcription bots, unless we tell you otherwise in advance. To learn more: https://careers.toasttab.com/ai-in-hiring
Our Approach to Hybrid Working
We embrace a hybrid work model that fosters in-person collaboration while valuing individual needs. Our goal is to build a strong culture of connection as we work together to empower the hospitality community, regardless of location. Please visit the Locations page on our career site to learn more about our in-office expectations by region: https://careers.toasttab.com/locations-toast
People Are the Secret Ingredient in Our Recipe for Success
At Toast, our employees are our secret ingredient—when they thrive, we thrive. The restaurant industry brings together people with a wide range of backgrounds, experiences, and perspectives, and we value that same breadth at Toast. We strive to build a culture grounded in authenticity, respect, and humility, where every Toaster has a real opportunity to grow, contribute, and do their best work—raising the bar in delivering exceptional experiences for our customers and each other.
Apply today!
Toast is committed to creating an accessible and inclusive hiring process. As part of this commitment, we strive to provide reasonable accommodations for persons with disabilities to enable them to access the hiring process. If you need an accommodation to access the job application or interview process, please contact candidateaccommodations@toasttab.com.
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