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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
Design, develop, and maintain high‑performance Android payment applications in Kotlin, leading technical decisions and ensuring PCI‑DSS compliance.
Expert‑level Kotlin/Java skills, deep concurrency knowledge (coroutines a plus), experience with large Android codebases, SDK integrations, and mentoring junior engineers.
The role powers the Card Readers team that processes millions of restaurant payments daily, directly impacting reliability, security, and revenue for Toast’s customers.
Senior Software Engineer - Card Readers
Toast is building the all-in-one restaurant platform that helps restaurants operate their business, increase sales, engage guests, and keep employees happy. Toast connects employees, operations, and guests on a reliable, easy-to-use platform so restaurateurs can stay one step ahead of a rapidly evolving hospitality market.
The Card Readers team processes millions of card payments a day for Toast’s restaurant customers. Hundreds of thousands of restaurants depend on the software we build to run their business. We make payments friction-free while maintaining the highest levels of security, enabling new payment options, and staying at the forefront of emerging technologies.
As a Senior Software Engineer on the Card Readers team, it’s your job to make sure those millions of payments are processed quickly, reliably, and securely. You will be a key team member responsible for designing, developing, and maintaining our POS payment integrations. You will work closely with hardware SDKs, the core POS application team, and other cross-functional stakeholders to drive technical decisions and refine the target architecture for our payment solutions. Your expertise in high-throughput asynchronous JVM solutions, coupled with a deep understanding of mission-critical transaction processing, will be crucial in delivering robust and scalable solutions.
About this roll*: (Responsibilities)
Do you have the right ingredients*? (Requirements)
Deep knowledge of multi-threading/concurrency (experience with coroutines a plus)
Do you have the right ingredients*? (Requirements)
Special Sauce: (non-essential skills, nice to have)
A day in the life (Responsibilities)
[TA PARTNERS - PLEASE DELETE THE NON-APPLICABLE BULLET BELOW BEFORE ADDING YOUR JOB REQUIREMENTS]
For Engineering Managers:
Champion the use of AI tools and practices to accelerate development, improve team velocity, and pioneer new ways of building - setting the bar for what it means to be an AI-first engineering organization.
For Engineering ICs:
Leverage cutting edge AI tools to enhance your development workflow, improve velocity, and help pioneer new approaches to building - contributing to a culture of innovation and productivity across the team.
What you'll need to thrive (Requirements)
AI at Toast
At Toast, one of our company values is that we're hungry to build and learn. We believe learning new AI tools empowers us to build for our customers faster, more independently, and with higher quality. We provide these tools across all disciplines, from Engineering and Product to Sales and Support, and are inspired by how our Toasters are already driving real value with them. The people who thrive here are those who embrace changes that let us build more for our customers; it’s a core part of our culture.
Our Total Rewards Philosophy
We strive to provide competitive compensation and benefits programs that help to attract, retain, and motivate the best and brightest people in our industry. Our total rewards package goes beyond great earnings potential and provides the means to a healthy lifestyle with the flexibility to meet Toasters’ changing needs. Learn more about our benefits at https://careers.toasttab.com/toast-benefits.
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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